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  • Apparel and footwear specialty retail is making a comeback in the US and UK, while China has been hit by lockdowns.

Click the image below to read our Market Outlook, which discusses the performance of, and outlook for, the apparel and footwear specialty retail sector, with a focus on the US, the UK and China. We also explore key growth drivers, competitive landscapes, opportunities arising from three key apparel and footwear specialty retail trends and notable retail innovators in the space.

 

Reasons to Read

ASOS and Zalando are heavyweights in European online apparel retailing. As part of our Head-to-Head series, we profile the two companies, analyzing seven key aspects of their businesses.

Our analysis includes the following:

  • Business models, fast-fashion positioning and pricing strategies
  • Financial metrics
  • Shopper profiles
  • Automation and data-driven strategies
  • Strategic partnerships
  • Sustainability initiatives

Read our Market Outlook on the global fast-fashion market. Access more of our apparel coverage here

Read our previous report in the series, Head-to-Head in the US Women’s Underwear Market: Aerie vs. Victoria’s Secret.

Contents (Click to navigate)

Introduction

ASOS vs. Zalando: Coresight Research Analysis

Business Overview

1. Business Models—Shift Toward Becoming Fashion Marketplaces

2.  Fast-Fashion Positioning and Pricing Strategies

3.  Financial Metrics: Revenue, Operating Margins, Marketing and Fulfillment Rates

4. Customer Profiles

5.  Automation and Data-Driven Inventory Management and Personalization

6. Key Strategic Partnerships

7.  Sustainability

What We Think

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Reasons to Read

Although the metaverse is expanding exponentially, with non-fungible tokens (NFTs) and blockchain technology making further inroads into retail, the NFT technology within retail supply chains is still nascent.

In this report, we discuss how NFTs can improve supply chain traceability, enhance authentication and boost security. We also cover key impacts of NFT technology, including driving wider adoption of blockchain technology in retail and supporting the growing resale and rental markets.

Read more on blockchain, NFTs and 5G technology. Click here for all reports under Coresight Research’s extensive metaverse coverage.

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Reasons to Read

In April 2022, UK retail sales continued to grow year over year in value while declining in volume. Factoring in inflation, retail sales actually declined. Online sales decreased 10% year over year.

We review monthly data for UK retail in total and by sector, covering the following:

  • The trend in total value and volume retail sales growth over the last 13 months
  • Value sales growth for 20 sectors across food and nonfood retail, for each of the latest three months
  • Growth in online retail sales, by major sector
  • A Covid-19 lockdown timeline

Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China. Click here to view our full collection of monthly reports.

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Reasons to Read

On May 22, 2022, Deborah Weinswig, CEO and Founder of Coresight Research, presented in a session hosted by Placer.ai at ICSC 2022 Las Vegas.

In this presentation, we discuss six ways in which the metaverse and the physical world will work in tandem, covering the following key topics:

  1. Augmented reality (AR) technology
  2. Demand for virtual land
  3. 3D gaming
  4. NFTs (non-fungible tokens) and other digital assets
  5. Immersive technologies
  6. Livestreaming

 Click here to read more Coresight Research coverage of the metaverse.

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Reasons to Read

In each report in the Weinswig’s Weekly series, Coresight Research CEO and Founder Deborah Weinswig reflects on a topical theme in retail. This week’s note “From the Desk of Deborah Weinswig” discusses the latest in the world of big tech.

Each report also includes recent retail and technology headlines from Asia, Europe and the US.

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Reasons to Read

Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. We cover:

  • A week-by-week comparison of store openings and closures in the US and UK in year-to-date 2022
  • What is happening in retail in the US and UK this week
  • 2021 and year-to-date 2022 major US and UK store openings, store closures and bankruptcies

This week, there are highlights from Ahold Delhaize, Best Buy and Cotton On in the US and Angling Direct, Dune London and The Food Warehouse in the UK. We also discuss quarterly store opening and closure settlements following the release of quarterly company filings this week from Alhold Delhaize, Dillard’s, Fossil Group, Herman Miller, The Home Depot, Tapestry and Walmart.

Click here to view our full collection of Weekly US and UK Store Openings and Closures Tracker reports.

Complementing our weekly report, the Coresight Research US Store Tracker Databank offers our premium subscribers access to openings and closures data from 2012 to 2022 year to date, filterable by sector and year.

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Reasons to Read

Apparel specialty retail is making a comeback in the US and UK, while China has been hit by lockdowns. In this Market Outlook, we discuss the performance and outlook for the apparel and footwear specialty retail sector, with a focus on the US, the UK and China. We also explore key growth drivers, competitive landscapes, opportunities arising from three key apparel and footwear specialty retail trends and notable retail innovators in the space.

Read our US Apparel and Footwear Retailing Market Outlook for more coverage of the US and see our coverage of apparel specialty and off-price sectors here.

Contents (Click to navigate)

Introduction

Market Performance and Outlook

Market Factors

Online Sector Sales

Competitive Landscape

Themes We Are Watching

Retail Innovators

What We Think

Appendix: Ranking Apparel and Footwear Retailers by Store Numbers

 

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Reasons to Read

In April, China’s year-over-year sales declined by 9.7%, slowing to the lowest point since March 2020. We review monthly data for retail sales in China in total and by sector, including the following:

  • Retail sales growth over the last 13 months
  • Retail sales growth for 15 sectors across food and nonfood retail, for each of the latest three months
  • Growth in online retail sales

Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China. Click here to view our full collection of monthly reports.

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Reasons to Read

The Coresight Research Think Tank series delves into the trends and segments that we have identified as presenting growth opportunities in retail in 2022 and beyond. 

In this report, we explore loyalty programs in US retail, presenting insights across the following key topics:

  • The benefits that make loyalty programs attractive to shoppers and what they tend to dislike, informed by proprietary survey insights
  • The competitive landscape for US loyalty programs in key retail sectors
  • How demand for unlocking first-party data is driving the loyalty-program market
  • How NFTs are broadening the scope of loyalty programs to engage and reward consumers
  • Three opportunities to make loyalty programs more attractive

Click here for all of our Think Tank reports.


Contents (Click to navigate)

Introduction

US Retail Loyalty Programs: A Think Tank

Consumer Positions on Loyalty Programs: Our Survey Data

Competitive Landscape

Market Drivers

Opportunities for Retailers: Making Loyalty Programs More Attractive

What We Think

Appendix: About Coresight Research’s RESET Framework

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Reasons to Read

This Retail-Tech Landscape comprises selected startups globally offering innovative solutions for brands’ and retailers’ customer loyalty programs.

We cover gamification, personalization, blockchain and more.

To view more of our Retail-Tech Landscapes spotlighting innovators that are disrupting the retail industry, click here.

Contents (Click to navigate)

Retail-Tech Landscape: Customer Loyalty Programs

Trends in Retail

Retail-Tech Landscape: Customer Loyalty Programs—Infographic

Retail-Tech Landscape: Customer Loyalty Programs, by Type

Blockchain Loyalty Programs

Cashback Loyalty Programs

Gamified Loyalty Programs

Personalized Loyalty Programs

Tiered Loyalty Programs

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Reasons to Read

As part of our India Retail Insights series, we examine India’s latest super app, Tata Neu from Tata Group, covering its core offerings, loyalty-building features and plans for growth, as well as consumer’s reactions on the app’s launch day.

We also discuss India’s super-app ecosystem as a whole, featuring Amazon, Google and WhatsApp.

Read the previous report in our India Retail Insights series, which examines upcoming initial public offerings (IPOs) in India in the retail and retail-tech sectors.

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Our Three Things You Need To Know series provides free snapshots of Coresight Research data and findings. Subscribers can access the full research behind this graphic here. To find out how to subscribe, click here.

Coresight Research has identified physical retail renewal as a key trend to watch in retail in 2022.

Retailers worldwide need to address customers’ evolving needs to stay competitive. Smart shopping solutions—the application of deep technology to streamline in-store retail operations—can help them do so while offering a seamless store-based shopping experience, building loyalty and increasing sales.

Click the image below to read our deep dive into the advantages of smart shopping solutions for India’s retail market specifically, with examples of India-based retailers using such smart retail technologies.

Reasons to Read

Using data from the US Census Bureau, we look at which retail sectors saw sales increase and which did not do well in April 2022. This report covers the following:

  • US total retail sales excluding gasoline and automobiles—year-over-year growth
  • US total retail sales including gasoline and automobiles—year-over-year change
  • US total retail sales excluding gasoline and automobiles—month-over-month change
  • Retail sales growth by sector

Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China. Click here to view our full collection of monthly reports.

Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail.

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Reasons to Read

We present five key factors that are fueling the growth of on-demand manufacturing in the apparel industry, leveraging findings from a Coresight Research survey of US-based apparel brands and retailers.

In this report, we cover the following topics:

  • Challenges faced by apparel brands and retailers over the past two years
  • The benefits of on-demand manufacturing over traditional manufacturing
  • Consumers’ desire for sustainable, “Made in USA” and print-on-demand products
  • The adoption of advanced technologies—including artificial intelligence (AI), 3D printing and robotics—by apparel brands and retailers
  • New manufacturing strategies that business will adopt moving forward, including product customization

This free report is sponsored by US-based advanced robotics startup SoftWear Automation.

Click here to read more Innovator Research from Coresight Research.

Read more Coresight Research coverage of the retail supply chain and retail technology

This report is available for free and can be accessed by registering for a free account.

Contents(Click to navigate)

Introduction

The On-Demand Manufacturing Revolution in Apparel: Coresight Research x SoftWear Automation

Five Factors Fueling the Growth of On-Demand Manufacturing

  1. Focus on Sustainability
  2. Demand for “Made in USA” Products
  3. Adoption of Advanced Technologies
  4. Rise in On-Demand Product Customization
  5. Popularity of Print-on-Demand Apparel

What We Think

Survey Methodology

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