Apparel and footwear specialist retailers experienced sluggish current value growth of 12% in 2014 resulting from a slowdown of economic and consumer expenditure growth. Instability of the exchange rate of the local currency in the second half of 2014 made retailers feel especially vulnerable as a major part of apparel and footwear was imported from abroad. Those retailers that sold apparel and footwear from local production also suffered from currency fluctuations as they used mostly imported raw materials. One of the leading domestic footwear retailers Obuv Rossii responded to increasing prices of import products by opening production of footwear at the end of 2014 as part of its import substitution strategy. The retailer projected to increase the share of domestic production in its retail sales volume to 50%.
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Report Overview
Discover the latest market trends and uncover sources of future market growth for the Clothing and Footwear Specialist Retailers industry in Russia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Clothing and Footwear Specialist Retailers industry in Russia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Clothing and Footwear Specialist Retailers in Russia market research report includes:
* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic number of stores, selling space and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* How big is the Clothing and Footwear Specialist Retailers channel in Russia?
* Who are the leading retailers in Russia?
* How are clothing and footwear specialists competing against the grocers?
* How is the internet affecting clothing and footwear specialists?
Reasons to Get 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
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New market study, "Apparel and Footwear Specialist Retailers in Russia", has been published
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001