ReportsWeb- The UK Premium Clothing & Footwear Market 2017-202

The UK Premium Clothing & Footwear Market 2017-2022
ReportsWeb.com published “Premium Clothing & Footwear Market” from its database. The
report covers the market landscape and its growth prospects over the coming years. The report
also includes a discussion of the key vendors operating in this market.
"The UK Premium Clothing & Footwear Market 2017-2022", report offers comprehensive
insight and analysis of the market (including forecasts up to 2022) , the major players, the main
trends, and consumer attitudes. It provides in-depth analysis of the following: the hot issues
impacting the market, strategies for success, market sizes and forecasts, retailer profiles,
retailer market shares, consumer data and future outlook.
The UK premium clothing & footwear market is forecast to reach 16.1% of the overall clothing
& footwear market in 2017. Inflation will be a key contributor to growth out to 2022, but ABC1
shoppers' continued focus and demands for design and differentiation will encourage them to
trade up for quality and value for money despite disposable income pressures. This will support
the performance of Superdry, Reiss, Ted Baker, Mint Velvet and Kurt Geiger which are all
forecast to grow market share in 2017.
For more information about this report: http://www.reportsweb.com/the-uk-premium-
clothing-and-footwear-market-2017-2022
Scope
- Despite menswear investment from value players, male consumers, especially 16-35s,
continue to have a greater affinity with branded clothing, boosting premium penetration.
Indeed, 41.0% of male clothing shoppers bought premium clothing in the past year, compared
to 34.7% of females.
- Shopper demand for comfort and quality has driven spending on premium footwear, with
penetration reaching 31.2% in 2017. The athleisure trend and consumers' interest in health and
fitness will continue to benefit the premium sports brands.
- Nearly two-thirds of premium clothing & footwear shoppers consider purchases a treat, with
the second most popular reason being gift giving. This highlights the importance of retailers