Verdict sector series: Accessories 2016

Verdict sector series: Accessories 2016

Code: VR-VR0077SR | Published: Feb-2016 | Pages: 63 | Verdict Retail
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Womens footwear is the largest footwear sub-sector in 2016; while childrens is the smallest at 18%. The footwear market will be driven by volumes in the five years to 2021; while high leather costs will prevent the sector from becoming deflationary until 2019. The 25-44s have the highest spend per head on footwear in 2016; with the 25-34s holding the largest share of the footwear market by age

Key Findings
- Men will take more of an active interest in personal appearance and fashion, and be more willing to buy into trend-led footwear, leading the mens footwear market to make the maximum gains of all footwear sub-sectors to 2021.

- Retailers will capitalise on consumers growing interest in fitness , sports and the at leisure trend to drive more wants-driven purchases of sports footwear, via better fashion incorporation, broader choice and enhanced availability.

- An ageing population, persistence of foot problems and stubbornly high obesity levels will boost the demand of wide fit and comfort fit footwear; putting pressure on retailers to respond to consumers keener interest in finding more comfortable, well-fitting footwear - driving spend per head

The footwear sector report offers a comprehensive insight into the footwear market in the UK, analysing the market, the major players, the main trends, and consumer attitudes.

It provides in-depth analysis of the following:

- What people buy

- Where people shop

- How people shop

- Why people shop

Reasons To Buy
- Utilise the detailed market data and insight to help form an effective growth strategy across the footwear market

- It covers forecasts to 2021, covering womens, mens and childrens footwear.

- Identifies the drivers and inhibitors operating on the market helping to inform growth strategy.

- Detailed look at channel and retailer shares in this market

- Understand the opportunities in the market by learning who shops for footwear, how frequently they shop and what drives their store selection.

Table of Contents

The hot issues
What people buy
where People shop
How people shop
Why people shop
Sports Direct
JD Sports
Marks and Spencer
Kurt Gieger
New Look
Russell and Bromley
River Island
TK Maxx
Shoe Zone

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