Apparel and Footwear Specialist Retailers in Australia - New Report Available

From: Fast Market Research, Inc.
Published: Mon Jan 25 2016

In 2015, apparel and footwear specialist retailers continued to improve in Australia. Although the year was characterised by fluctuations in consumers’ confidence and news of rising unemployment, factors such as record low interest rates and strong home price growth provided a sense of relief for households, which were more willing to spend.

Competitive Landscape

Specialty Fashion Group Ltd led apparel and footwear specialist retailers in 2015, with a 5% value share. During the year, the company benefited from changes to its supply chain, and the turnaround of its Miller brand, which went through a rejuvenation process with initiatives launched in different channels including in-store and online. For instance, a new Millers store design concept was launched in 2015, with over 12 stores converted to the new concept. Significant growth in its online stores also had a positive impact on the company’s performance during the year. However, the company’s overall growth was hindered as a result of losses from its brand Rivers, acquired in November 2013. The effect of aggressive discounting and high levels of inventory previous to the acquisition continued to impact the brand. Although Specialty Fashion Group expected to return Rivers to profit soon after the acquisition, this proved more challenging than initially planned; thus, losses from Rivers affected the overall performance of Specialty Fashion Group in 2015.

Full Report Details at

Industry Prospects

Competition in apparel and footwear in Australia is expected to continue over the forecast period. Factors such as the reduction of current import duty rates for clothing and finished textiles, the recent free trade agreements signed with South Korea, Japan and China and the depreciation of the Australian dollar are likely to fuel this competition.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Clothing and Footwear Specialist Retailers industry in Australia 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 Australia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Clothing and Footwear Specialist Retailers in Australia 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

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