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Set to be the worst hit sector by the COVID-19 pandemic, UK clothing & footwear spend is anticipated to plummet in 2020, falling 26.1 percent versus 2019, says GlobalData, a leading data and analytics company.

Chloe Collins, Senior Retail Analyst at GlobalData, comments: “As the government has extended the UK lockdown for at least three more weeks, we expect that offline clothing & footwear sales in 2020 will further contract, falling 33.6 percent on the year, as the demand for fashion is increasingly decimated. With other European countries, such as Austria and Italy, gradually loosening their restrictions and keeping most non-essential stores closed, we expect fashion stores in the UK to remain shuttered for a number of weeks once the lockdown is eventually lifted, and not begin reopening until June.”

While we predict that fashion stores will start to gradually reopen in June, footfall is expected to remain low as consumers will be cautious about visiting crowded areas, and prioritise catching up with family and friends that they have been unable to see during lockdown. Consumers will also prefer to spend time outside enjoying the summer weather rather than browsing retail stores, and will focus spend on experiences over fashion items.”

Collins continues: “We expect several retail casualties within the fashion sector in the coming weeks, with Debenhams, Oasis and Warehouse already entering administration, and Arcadia said to be considering more store closures. Therefore, more empty spaces are anticipated on the high street, limiting physical fashion spend further.”

In contrast to offline clothing & footwear sales, we expect online sales to fare better, only declining by 7.9 percent in 2020, however this will not be enough to offset the loss in spend from physical stores.”

Collins adds: “After initially closing on March 26, Next reopened its website last week, though at limited capacity due to enhanced safety measures, which has put pressure on other players with closed online operations to follow suit. Quiz, Fenwick and River Island have all resumed selling online again, and TK Maxx has made its website available for browsing only, though it should aim to restart warehouse operations as soon as possible so that it can take orders, as it has strong potential to drive sales of activewear during the lockdown.”

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“Men usually opt for something subtle with sharp cuts and crisp detailing. Some of the men want intricate detailing on their garments with a burst of colours. While, some would opt for a quirkier look with different cuts. However, we at SS Homme customise it for customers according to their sensibilities,” shares Gonsalves.

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The brand has been at the forefront of giving customers a lot of choice and options in the legwear segment under one roof. It offers consumers the widest variety of products, empowering women to choose and spruce up their wardrobe and experiment with new styles including Knitted Pants, Pencil Pants, Jeggings, Palazzos, Super Stretch Denims, and Culottes among the regular leggings.

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Men’s Denim Segment: Men’s denim enjoys the largest share and is poised to grow at a high CAGR of 14 per cent over the next decade. Until a few years ago, denim was popular with men in the urban cities only, however, it has now gradually become popular in the semi-urban and rural markets also. Growing awareness and an increasing affinity for global fashion have led to this development. Denim is considered the most versatile fabric for men with multiple applications over casual wear, work wear and everyday wear.

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Eteenz is one of the largest character licensing kidswear brands in India.

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The Spykar story started way back in 1992 when it was established as a MBO brand specialising in denims. Within a very short span of time, the brand’s fidelity to product quality and customer satisfaction entrenched it as a reputed western wear brand pivoted around denim. Gradually it expanded into the lifestyle space with additional focus on accessories. From a MBO based men’s denim brand to a multi channel lifestyle player with a pan India presence across all retail formats, Spykar has come a long way and today embodies the bold, the brash and the audacious.

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