The report titled “Apparel and Footwear Specialist Retailers in Argentina” provides a comprehensive analysis of Argentina’s apparel and footwear specialist retailers, growth of the sector, major apparels and footwear products, government initiatives to boost the industry, digital space, leading players in Argentina’s apparel and footwear specialist retailers and future of Argentina’s apparel and footwear specialist retailers.
Industry Overview: Argentineans are very wise shoppers and shop only in stores which offer a variety of promotions and discounts. Apparel and footwear players in Argentina offer many discounts throughout the year. Consumers wait for discounts that are offered by a variety of brands because they do not wish to spend more on any apparel and footwear brands. Women apparel market dominates the clothing and footwear market in Argentina and women apparels account for a major share of the total sales. Argentina’s apparel industry consists of baby clothing, toddler clothing and casual wear, essentials, formal wear, formal wear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing. Argentina’s footwear industry consists of athletic footwear (running and cross training/tennis shoe, soccer/football shoe, golf shoe, hiking shoe, baseball shoe) and non-athletic footwear (casual footwear, dress evening footwear, military boots, lite hiking outdoor sandal and kid’s footwear made up of rubber and plastic.
All the leading players in apparel and footwear specialist retailers in Argentina focused more on promotions, discounts and consumer credit strategies in revive the stagnate apparel and footwear industry in the country. The leading distributors of apparel and footwear brands in Argentina are hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There is also non-store retailing such as home shopping, internet retailing, and direct selling.
Argentina’s Government Program and Growth in Digital Space: Ahora12 programme was offered by the Argentina national government which provided interest-free consumer credit for a period of 12 months on the purchase of a variety of apparel and footwear goods. This programme witnessed an intense use of the card along with an improvement in the apparel and footwear industry. It was observed that the digital space in Argentina is constantly growing that helps in the consumption of fashion. The in-store sales are decelerating and the online retailing is growing drastically which implies that e-retailing is becoming an important channel for the apparel and footwear industry.
Leading Players: Grimoldi is the leading player in the apparel and footwear specialist retailers’ channel in Argentina and the sector is highly fragmented. This leading player offers a broad portfolio that caters to a large number of consumers of all ages. Calvin Klein is the leading luxury brand in Argentina’s apparel and footwear specialist retailers.
Future of Argentina’s Apparel and Footwear Specialist Retailers: Wider choices of products are offered on e-retailing by the leading brands because of the wide penetration of smart phones and consumers are highly involved in e-commerce. This trend drives the sales of apparel and footwear through the online channel. Argentina’s apparel and footwear specialist retailers will witness a steady growth over the next few years with a rise in the global revenue. The womens wear segment will be profitable with huge revenues due to more women preferring for latest fashion over the coming years.
Key topics covered in this topic:
Apparel and Footwear Specialist Retailers Market
Argentina Apparel and Footwear Industry Analysis
Argentina Mens Apparel market Revenue
Argentina Women’s Apparel market Revenue
Kids Wear Market Revenue Argentina
Argentina Online sales of Apparel
Argentina Apparel and Footwear Market Competition
Apparel and Footwear Specialist Retailers Market Analysis
Argentina Apparel and Footwear Specialist Retailers Market Forecast
Argentina Apparel and Footwear Specialist Retailers Market Trends
Apparel and Footwear Specialist Retailers Sales
Argentina Apparel and Footwear E-Retailing Market Size
Apparel and Footwear Specialist Retailers Leading Brands
Store-based Apparel and Footwear Specialist Retailers Argentina
Non-Store Apparel and Footwear Specialist Retailers Argentina
Argentina Major Apparel E-retailers
Ecommerce Industry in Argentina Apparel Market
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Ankur Gupta, Head Marketing & Communications