PUBLISHER: GlobalData | PRODUCT CODE: 1646650
PUBLISHER: GlobalData | PRODUCT CODE: 1646650
The Apparel Market in Italy to 2028 report offers comprehensive insight and analysis of the Italian apparel market, the major players, the key trends, and consumer attitudes.
Italy's apparel market grew by just 1.0%, reaching EUR 62.7 billion in 2023, primarily driven by higher prices, with volumes declining by 2.0%, as high inflation forced consumers to tighten their budgets, prioritizing essential goods over apparel. Despite consumers returning to instore shopping post-pandemic, online growth has still outperformed offline, driven by the extensive product range and diverse brand offerings. Adidas is forecast to achieve the largest share gain in 2024 of 0.3ppts, as demand for its Originals trainers has soared, at the expense of Nike who has lost 0.2ppts share due to a lag in innovation.