Docstoc

Clothing Market Research

Document Sample
Clothing Market Research Powered By Docstoc
					Brochure
More information from http://www.researchandmarkets.com/reports/34786/




Clothing and Footwear Industry Market Review 2006

Description:    The UK clothing and footwear market was worth an estimated £44.45bn in 2005, accounting for
                just under 6% of total consumer expenditure. The historical perspective is important, showing that
                this proportion of the typical household budget was 10% back in 1960, so that clothing (worth
                £38.35bn) and footwear (£6.1bn), although among the basic human needs, are now less of a
                spending priority.
                The ability of consumers to spend less has been partly due to falling prices for these products.
                Between 2001 and 2005, average clothing and footwear prices fell by 14.4%, while the general cost
                of living went up by 12.6%, so that shoppers are buying far more in volume terms, even though
                their spending in current prices is increasing only modestly.

                In current terms, between 2001 and 2005, 21.2% more was spent on clothing for women, girls and
                infants, taking the market to £24bn in 2005. Much less (£12bn) was spent on men's and boys'
                clothing, which also grew more slowly between 2001 and 2005 (14%). Accessories and other
                clothing costs (hire, cleaning, dressmaking, etc.) contributed a value of £2.35bn in 2005.

                Falling prices are basically the result of importers and retailers being able to source cheaper
                supplies from countries where production costs are lower. The major trade issue at present is the
                Republic of China which, following the end of a world trade agreement in 2005, flooded the US and
                EU markets with cheap products. In 2006, restraining action is being imposed on cheap Chinese
                exports, and this could lead to some firming up of prices.

                Discounting is also rife in the ultra-competitive UK retail market for clothing where, according to
                our field research, a dozen major types of outlet are used for buying clothing or footwear, including
                department stores (the most popular of all), independent boutiques and fashion chains, designer
                outlets and street markets. Marks & Spencer remains the overall leader in the sale of clothing, but
                its share is slipping, along with those of other mid-market stores, one of which — Littlewoods —
                closed its doors in 2005. Stern competition is provided by discount specialists (e.g. Primark and TK
                Maxx) and the non-food departments of multiple grocers such as Tesco and ASDA.

                With cheap and discounted products being so widely available, many younger consumers are
                distancing themselves by showing an interest in formerly exclusive, internationally renowned
                brands, e.g. Prada (Italy), Chloe (France), Hugo Boss (Germany), Burberry (UK) and Donna Karan
                (US), to name a small selection.
                The rise of cheap imports has been near-fatal for much of UK manufacturing, where employment in
                the whole of the textiles and leather-goods sector has slumped from nearly half a million in the
                1980s to less than 140,000 by 2005. Output has shrunk severely but is now focused on specialist
                clothing or luxury products, of which the vast majority are made in the UK for exporting to wealthy
                consumers in other developed countries.

                The former, large-scale producers of general clothing and footwear have virtually disappeared from
                the UK. One successful exception, however, is C&J Clark Ltd (Clarks), the UK's largest
                manufacturer — although this is now undertaken overseas — and also its leading footwear retailer.
                A family-owned company with a turnover approaching £1bn, Clarks typifies the modern operator by
                being vertically integrated, from design and manufacturing to importation to retailing. The
                previously clear boundaries between manufacturer and retailer have also been crossed by
                successful companies such as Gap Inc — the world's largest clothing retailer, with over 100 UK
                stores — and Next PLC, which ranks among the top three in the UK clothing market, with Marks
                and Spencer PLC and Arcadia Group Ltd (the owner of Topshop, Burton, Dorothy Perkins, Bhs and
                other chains).

                An exception to the rule of vertical integration is provided by sportswear, which features three
                colossal, globalised manufacturers — Nike, adidas and Reebok — which prefer to retail their goods
                through the sports specialists. adidas bought Reebok in 2005 and consolidation has also taken
                place in UK retailing; three companies now own more than 1,200 outlets between them: JJB
                Sports, JD Sports and Blacks Leisure.
                The immediate future is uncertain, owing to the Chinese trading situation, and the clothing trade is
            nervous as consumer confidence falls. However, we see no need to predict a major change in the
            growth pattern of this mature market. Maturity means more polarisation between the discounters
            — aided by cheap imports — and the full-price retailers. The latter are capitalising on younger
            consumer demand for couture-house designs, quality materials and the individual styles sold as
            part of the growing `fast fashion' trend, in which retailers entice customers by displaying only a few
            garments for a short time before introducing new styles.



Contents:   Executive Summary

            1. Industry Overview

            REPORT COVERAGE
            Report Background

            ECONOMIC TRENDS
            Population
            Table 1.1: UK Resident Population Estimates by Sex (000), Mid-Years 2000-2004
            Gross Domestic Product
            Table 1.2: UK Gross Domestic Product at Current and Annual Prices (£m), 2000-2004
            Inflation
            Table 1.3: UK Rate of Inflation (%), 2000-2004
            Unemployment
            Table 1.4: Actual Number of Unemployed Persons in the UK (million), 2000-2004
            Household Disposable Income
            Table 1.5: UK Household Disposable Income Per Capita (£), 2000-2004
            Consumer Confidence
            Table 1.6: Trends in Consumer Willingness to Borrow, (000, £ and £bn) November 2004, February
            2005, May 2005, August 2005 and November 2005

            MARKET SIZE
            The Total Market
            Table 1.7: The Total UK Market for Clothing and Footwear by Value at Current Prices (£m at rsp),
            2001-2005
            Table 1.8: The Total UK Clothing and Footwear Market by Value at Current Prices and Constant
            2001 Prices (£m at rsp and index 2001=100), 2001-2005

            MARKET SEGMENTATION

            INDUSTRY STRUCTURE
            Industry Synopsis
            Table 1.9: Key Financial Ratios for UK Clothing Retailers (£000, % and £), 2005
            Table 1.10: Key Financial Ratios for UK Footwear Retailers (£000, % and £), 2005
            Table 1.11: Key Financial Ratios for UK Clothing Manufacturers (£000, % and £), 2005
            Table 1.12: Key Financial Ratios for UK Footwear Manufacturers (£000, % and £), 2005
            Industry Concentration
            Number of UK Manufacturing Businesses
            Employment
            Distribution

            MARKET POSITION

            KEY TRENDS
            Changes to the Industry Structure
            The Move Away from Formality
            Preference for Brands and Couture Labels
            Role of China in Import Penetration
            Price Deflation
            Table 1.13: Retail Price Indices for Clothing and Footwear and All Consumer Items (indices
            2000=100), October 2000 and 2003-2005

            LEGISLATION
KEY TRADE ASSOCIATIONS
British Apparel & Textile Confederation
British Footwear Association
Other Associations

2. PEST Analysis

POLITICAL FACTORS
ECONOMIC FACTORS
SOCIAL FACTORS
TECHNOLOGICAL FACTORS

3. Key Note Primary Research

INTRODUCTION

RETAIL SOURCES FOR CLOTHING AND FOOTWEAR
Table 3.1: Retail Outlets Used for Buying Clothing and Footwear Ranked by Percentage of Adults
Buying, 2001 and 2005
Table 3.2: Retail Outlets Used for Buying Clothing and Footwear (% of adults), 2005

RETAIL SOURCES FOR FORMAL VS INFORMAL WEAR

DEMOGRAPHIC DIFFERENCES          IN SOURCING CLOTHING AND FOOTWEAR
By Age
Table 3.3: Retail Outlets Used   for Buying Clothing and Footwear by Age (% of adults), 2005
By Social Grade
Table 3.4: Retail Outlets Used   for Buying Clothing and Footwear by Social Grade (% of adults),
2005
By Region
Table 3.5: Retail Outlets Used   for Buying Clothing and Footwear by Region (% of adults), 2005

LEADING CLOTHING/FOOTWEAR BRANDS
Table 3.6: Penetration of Selected Clothing and Footwear Brands (% of adults), 2004

4. Competitive Structure

THE MARKETPLACE

MARKET LEADERS
Table 4.1: Selected Leading UK Clothing and Footwear Manufacturers and Retailers by Turnover
(£m), 2004/2005
Clothing Manufacturers

Burberry Group PLC
Company Structure
Financial Results

Courtaulds Textiles (Holdings) Ltd
Company Structure
Financial Results

Crystal Martin Holdings Ltd
Company Structure
Financial Results

Delta Textiles (London) Ltd
Company Structure
Financial Results

French Connection Group PLC
Company Structure
Financial Results
Jacques Vert PLC
Company Structure
Financial Results

Levi Strauss (UK) Ltd
Company Structure
Financial Results

Stirling Retail Services Ltd
Company Structure
Financial Results

Other Companies
Clothing Retailers

Arcadia Group Ltd
Company Structure
Financial Results

Marks and Spencer PLC
Company Structure
Financial Results

Next PLC
Company Structure
Financial Results

Other Retailers
Footwear Companies

C&J Clark Ltd
Company Structure
Financial Results
Other Footwear Companies
Sportswear Companies

OUTSIDE SUPPLIERS

MARKETING ACTIVITY
Main Media Advertising
Table 4.2: Main Media Advertising Expenditure on Clothing and Footwear (£000), Years Ending
September 2004 and 2005
Other Marketing Activity

5. Women's, Girls' and Infants' Clothing

INTRODUCTION

KEY TRENDS
Retail Prices
Table 5.1: Retail Price Indices for Selected Women's and Other Clothing Items (indices 2000=100),
October 2000-2005
Affordability
Sizing
Clothing Materials
Childrenswear
Retail Brands
Fashion Trends
Supply Chain

MARKET SIZE
The Total Market
Table 5.2: The UK Market for Women's, Girls' and Infants' Clothing by Value at Current Prices and
Constant 2001 Prices (£m at rsp), 2001-2005
By Market Sector
Table 5.3: The UK Market for Women's, Girls' and Infants' Clothing by Sector by Value at Current
Prices (£m at rsp and %), 2001, 2003 and 2005

SUPPLY STRUCTURE
UK Production
Table 5.4: UK Production of Women's Clothing by Value (£m at msp), 2001-2005
Imports and Exports
Origins of Imports
Retail Distribution
Table 5.5: Retail Outlets Used for Buying Clothing and Footwear in the UK by Sex (% of adults),
2005

MAJOR PLAYERS
Table 5.6: Leading UK Multiples Selling Women's and Children's Clothing by Number of Outlets,
2003 and 2005

ADVERTISING AND PROMOTION
Table 5.7: Main Media Advertising Expenditure on Women's Fashion Clothing (£000), Years Ending
September 2004 and 2005
Table 5.8: Main Media Advertising Expenditure on Jeans and Other Unisex Clothing (£000), Years
Ending September 2004 and 2005
Table 5.9: Main Media Advertising Expenditure on Women's Underwear and Lingerie (£000), Years
Ending September 2004 and 2005

BUYING BEHAVIOUR
Table 5.10: Household Spending on Women's, Girls' and Infants' Clothing by Age and Income (£
per week), 2004/2005

FORECASTS
Table 5.11: The Forecast UK Market for Women's, Girls' and Infants' Clothing by Value at Current
Prices (£m at rsp), 2006-2010

6. Men's and Boys' Clothing

INTRODUCTION

KEY TRENDS
Retail Prices
Table 6.1: Retail Price Indices for Selected Men's and Other Clothing Items (indices 2000=100),
October 2000-2005
The Casual Trend
Everyday Sportswear
Smart Leisurewear
Retailers
Brand Interest

MARKET SIZE
The Total Market
Table 6.2: The UK Market for Men's and Boys' Clothing by Value at Current Prices and Constant
2001 Prices (£m at rsp), 2001-2005
By Market Sector
Table 6.3: The UK Market for Men's and Boys' Clothing by Sector by Value at Current Prices (£m at
rsp and %), 2001, 2003 and 2005

SUPPLY STRUCTURE
UK Production
Table 6.4: UK Production of Men's Clothing by Value (£m at msp), 2001-2005
Imports and Exports
Origins of Imports
Retail Distribution
Table 6.5: Retail Outlets Used for Buying Clothing and Footwear by Sex (% of adults), 2005

MAJOR PLAYERS
Table 6.6: Leading UK Multiples Selling Men's and Boys' Clothing by Number of Outlets, 2003 and
2005

ADVERTISING AND PROMOTION
Table 6.7: Main Media Advertising Expenditure on Men's Fashion Clothing (£000), Years Ending
September 2004 and 2005
Table 6.8: Main Media Advertising Expenditure on Jeans and Other Unisex Clothing (£000), Years
Ending September 2004 and 2005
BUYING BEHAVIOUR
Table 6.9: Household Spending on Men's and Boys' Clothing by Age and Income (£ per week),
2004/2005

FORECASTS
Table 6.10: The Forecast UK Market for Men's and Boys' Clothing by Value at Current Prices (£m at
rsp), 2006-2010

7. Sportswear

INTRODUCTION

KEY TRENDS
Mainstream Leisurewear
Penetration of the Clothing Market
Design and Style
Fashion Fads
Performance Clothing
Retail Developments

MARKET SIZE
The Total Market
Table 7.1: The UK Market for Sportswear by Value at Current Prices and Constant 2001 Prices (£m
at rsp), 2001-2005
By Market Sector
Table 7.2: The UK Market for Sportswear by Sector by Value at Current Prices (£m at rsp and %),
2005

SUPPLY STRUCTURE
UK Production, Imports and Exports
Retail Distribution
Table 7.3: Retail Outlets Used for Buying Sports or Casual/Leisure Clothing and Footwear (% of
adults), 2005

MAJOR PLAYERS
Nike
adidas and Reebok
Other Sportswear Manufacturers

ADVERTISING AND PROMOTION
Table 7.4: Main Media Advertising Expenditure on Sports Clothing (£000), Years to September
2004 and 2005
Table 7.5: Main Media Advertising Expenditure on Sports Footwear (£000), Years Ending
September 2004 and 2005

BUYING BEHAVIOUR
Table 7.6: Penetration of the Top Three Sports Clothing and Footwear Brands by Sex, Age and
Social Grade (% of adults), 2004

FORECASTS
Table 7.7: The Forecast UK Market for Sportswear by Value at Current Prices (£m at rsp), 2006-
2010
8. Clothing Accessories

INTRODUCTION

KEY TRENDS
Cyclical Demand
Fashion Influences
Retailing

MARKET SIZE
The Total Market
Table 8.1: The UK Market for Clothing Accessories by Value at Current Prices and Constant 2001
Prices (£m at rsp), 2001-2005
By Market Sector
Table 8.2: The UK Market for Clothing Accessories by Value at Current Prices (£m rsp and %), 2005

SUPPLY STRUCTURE
UK Production, Imports and Exports
Table 8.3: UK Production of Miscellaneous Clothing and Accessories in the UK (£m at msp), 2001-
2005
Retail Distribution

MAJOR PLAYERS
Table 8.4: Leading UK Multiples Selling Accessories by Number of Outlets, 2003 and 2005

ADVERTISING AND PROMOTION
Table 8.5: Main Media Advertising Expenditure on Clothing Accessories (£000), Years Ending
September 2004 and 2005

BUYING BEHAVIOUR

FORECASTS
Table 8.6: The Forecast UK Market for Clothing Accessories by Value at Current Prices (£m at rsp),
2006-2010

9.Footwear

INTRODUCTION

KEY TRENDS
Vertical Integration
The Role of Brands
The Role of Imports
Survival Techniques

MARKET SIZE
The Total Market
Table 9.1: The UK Market for Footwear by Value at Current Prices and Constant 2001 Prices (£m at
rsp), 2001-2005
By Market Sector
Table 9.2: The UK Market for Footwear by Sector by Value at Current Prices (£m at rsp and %),
2001, 2003 and 2005

SUPPLY STRUCTURE
Table 9.3: Output of the UK Footwear Industry by Value (£m at msp), 2001-2004
Retail Distribution
Table 9.4: UK Retail Distribution of Footwear by Value (%), 2002 and 2005

MAJOR PLAYERS

ADVERTISING AND PROMOTION
Table 9.5: Main Media Advertising Expenditure on General Footwear (£000), Years Ending
September 2004 and 2005

BUYING BEHAVIOUR
Table 9.6: Household Spending on Footwear by Age and Income (£ per week), 2004/2005

FORECASTS
Table 9.7: The Forecast UK Market for Footwear by Value at Current Prices (£m at rsp), 2006-2010

10. A Global Perspective

DRIVERS OF INTERNATIONAL TRADE
STRUCTURE OF FOREIGN TRADE
GLOBAL BRANDS AND DESIGNERS

11. The Future

INTRODUCTION
Economic Trends
Population
Table 11.1: Forecast UK Resident Population by Sex (000), Mid-Years 2005-2009
Gross Domestic Product
Table 11.2: Forecast UK Growth in Gross Domestic Product in Real Terms (%), 2005-2009
Inflation
Table 11.3: Forecast UK Rate of Inflation (%), 2005-2009
Unemployment
Table 11.4: Forecast Actual Number of Unemployed Persons (million), 2005-2009

FORECASTS 2006 TO 2010
Table 11.5: The Forecast UK Market for Clothing and Footwear by Sector by Value at Current Prices
(£m at rsp), 2006-2010

FUTURE TRENDS
The Role of China
Market Growth
Retail Changes
Design Awareness
Demand for Premium Products

12. Consumer Confidence

METHODOLOGY

THE WILLINGNESS TO BORROW
Table A: The Average Amount Consumers Are Willing to Borrow in Order to Purchase Expensive
Items at Current and Constant November 2004 Prices (£ and £bn), November 2004, February
2005, May 2005, August 2005 and November 2005
The Desire to Borrow Stays Strong
Table B: The Number of Adults Willing to Borrow in Order to Purchase Expensive Items (000 and
%), November 2004, February 2005, May 2005, August 2005 and November 2005

THE WILLINGNESS TO SPEND FROM SAVINGS
Table C: The Average Amount Consumers Are Willing to Spend from Savings in Order to Purchase
Expensive Items at Current and Constant November 2004 Prices (£ and £bn), November 2004,
February 2005, May 2005, August 2005 and November 2005
Consumers Increasingly Cautious
Table D: The Average Amounts Adults are Confident Spending to Purchase Expensive Items (£ and
%), November 2004, February 2005, May 2005, August 2005 and November 2005

13. Further Sources

Associations
General Sources
Government Publications
            Bisnode Sources



Ordering:   Order Online - http://www.researchandmarkets.com/reports/34786/

            Order by Fax - using the form below

            Order by Post - print the order form below and sent to

                         Research and Markets,
                         Guinness Centre,
                         Taylors Lane,
                         Dublin 8,
                         Ireland.
                                                           Page 1 of 2

Fax Order Form
To place an order via fax simply print this form, fill in the information below and fax the completed form to 646-607-
1907 (from USA) or +353-1-481-1716 (from Rest of World). If you have any questions please visit

http://www.researchandmarkets.com/contact/

Order Information
Please verify that the product information is correct and select the format(s) you require.


               Product Name:           Clothing and Footwear Industry Market Review 2006
               Web Address:            http://www.researchandmarkets.com/reports/34786/
               Office Code:            OC8HNILKLROWX

Product Formats
Please select the product formats and quantity you require:


                                   Quantity
               Electronic -
                                         EURO €1,197.00
               Single User:

               Hard Copy - :             EURO €1,373.00 + Euro €50 Shipping/Handling *


* Shipping/Handling is only charged once per order.



Contact Information
Please enter all the information below in BLOCK CAPITALS


      Title:                  Mr              Mrs           Dr           Miss                 Ms     Prof

      First Name:                                                  Last Name:

      Email Address: *

      Job Title:

      Organisation:

      Address:

      City:

      Postal / Zip Code:

      Country:

      Phone Number:

      Fax Number:

     * Please refrain from using free email accounts when ordering (e.g. Yahoo, Hotmail, AOL)
                                                              Page 2 of 2

Payment Information
Please indicate the payment method you would like to use by selecting the appropriate box.

          Pay by credit card:                     American Express

                                                  Diners Club

                                                  Master Card

                                                  Visa
                                           Cardholder's Name

                                           Cardholder's Signature

                                           Expiry Date

                                           Card Number

                                           CVV Number

                                           Issue Date
                                           (for Diners Club only)




          Pay by check:                    Please post the check, accompanied by this form, to:

                                           Research and Markets,
                                           Guinness Center,
                                           Taylors Lane,
                                           Dublin 8,
                                           Ireland.


                                           Please transfer funds to:
          Pay by wire transfer:
                                           Account number                   833 130 83
                                           Sort code                        98-53-30
                                           Swift code                       ULSBIE2D
                                           IBAN number                      IE78ULSB98533083313083
                                           Bank Address                 Ulster Bank,
                                                                        27-35 Main Street,
                                                                        Blackrock,
                                                                        Co. Dublin,
                                                                        Ireland.


     If you have a Marketing Code please enter it below:


           Marketing Code:


      Please note that by ordering from Research and Markets you are agreeing to our Terms and Conditions at
     http://www.researchandmarkets.com/info/terms.asp



                                              Please fax this form to:
                                  (646) 607-1907 or (646) 964-6609 - From USA
                          +353 1 481 1716 or +353 1 653 1571 - From Rest of World

				
DOCUMENT INFO
Description: Clothing Market Research document sample