PROSPECTS AND OPPORTUNITIES
New players anticipated to enter, while companies will increase investment in omnichannel strategies
The sharp reduction in inflation, removal of import barriers, clearer regulations for foreign investment and recovery of purchasing power are paving the way for new international apparel and footwear retailers to enter Argentina in the short term. The renowned lingerie brand Victoria’s Secret opened its first official store in Argentina in the last quarter of 2024, located in the Unicenter shopping mall.
Cross-border shopping as significant threat, while Grimoldi should see further recovery
Apparel and footwear prices in Argentina are significantly higher than in other countries in the region, such as Chile. Due to this price disparity, which increased considerably in 2024, many Argentinians travelled to Chile to shop for apparel and footwear at lower prices and to visit stores not available in Argentina - like Forever 21 and Gap, for example.
Discounts and price promotions will continue to attract Argentina’s many cost-conscious consumers
Discounts and price promotions are expected to remain crucial in driving demand for apparel and footwear specialist retailers over the forecast period.
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Overview:
Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Apparel and Footwear Specialists industry in Argentina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Apparel and Footwear Specialists in Argentina report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Apparel and Footwear Specialists in Argentina?
- Which are the leading retailers in Apparel and Footwear Specialists in Argentina?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Apparel and Footwear Specialists in Argentina - Category analysis
KEY DATA FINDINGS
As value sales rise, volume sales fall in 2024
Zara remains strong, despite Inditex’s review-period exit
Adidas focuses on modernisation
New players anticipated to enter, while companies will increase investment in omnichannel strategies
Cross-border shopping as significant threat, while Grimoldi should see further recovery
Discounts and price promotions will continue to attract Argentina’s many cost-conscious consumers
Retail in Argentina - Industry Overview
Retail in 2024: The big picture
End of Precios Justos
Changes in the competitive landscape
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
Back to school
Mother’s Day
Father’s Day
Children’s Day
Wise Men Day
DISCLAIMER
Apparel and Footwear Specialists
Apparel and footwear specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: clothing, footwear, and/or fashion accessories (costume jewellery, sunglasses, belts, hats, gloves, handbags, scarves, etc.). Apparel specialists include specialty apparel like wedding dress shops. Example brands include Primark, TJ Maxx, and Zara. Sportswear retailers, such as Adidas and Nike, are excluded from this channel and are included in Sports Goods Stores; this is due to the companies considering themselves sports companies as opposed to apparel companies.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Apparel and Footwear Specialists research and analysis database.
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