1. Market Research
  2. > Clothing and Textile Market Trends

How Britain Shops for Clothing | Verdict Consumer Report

  • June 2015
  • 106 pages
  • GlobalData
Report ID: 3599810

Summary

Table of Contents

Search Inside

Summary
Overall average conversion rates have risen to 28.8% from 28.0% in 2013, the highest level in five years. As consumers become more demanding, improvements are being made by retailers to encourage consumers to repeatedly visit. High street retailers continue to grow their product ranges and respond quickly to market trends, ensuring regular newness - driving traffic and in turn conversion rates.

Key Findings
- Identify how main players in clothing drive loyalty and which stores are favored by disloyal customers to improve your own shopper penetration

- Understand which strategies are most effective at driving customer loyalty in clothing and justify your own business investments

- Data is segmented regionally and by demographic and socio-economic group to enable you to identify which customer groups offer the most opportunities

Synopsis
This year the percentage of the population who shop for clothing has risen 1.6 percentage points to 74.6%, boosted by personal tax allowances increasing, GDP growth and a recovery in employment levels. These economic factors have allowed consumers to increase their spend on discretionary purchases - driving footfall into clothing stores.

The percentage of males shopping for clothing has increased to 69.3% from 68.3% in 2013, driven by men paying more attention to their appearance. Retailers are responding to this by growing their fashion-led offer and dedicating more space to menswear in stores, which is aiding growth in the UK menswear market.

Overall loyalty has risen 0.3 percentage points to 80.4% in 2014, with loyalty among 65+s increasing 2.6 percentage points to 84.8%. A gradual shift in consumers making more considered purchases and wanting better value for money through quality, shopping experience and product design has resulted in price falling as a key driver for consumers.

Reasons To Buy
- How has the profile of the consumers shopping at the main clothing players changed over the past year and what has caused this?

- What drives consumers to shop for clothing at both you and your competitors? What makes them disloyal?

- How many other stores do your shoppers use for clothing and what stores are these? Will these be a threat going forward?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

World Babies% Garment Market to 2021 - Market Size, Development, and Forecasts

  • $ 26587
  • Industry report
  • March 2017
  • by Global Research & Data Services

The report package World Babies' Garment Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for babies' ...

World Clothing Market to 2021 - Market Size, Development, and Forecasts

  • $ 26587
  • Industry report
  • March 2017
  • by Global Research & Data Services

The report package World Clothing Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for clothing in the ...

Babies% Garment Market in Europe to 2021 - Market Size, Development, and Forecasts

  • $ 12090
  • Industry report
  • March 2017
  • by Global Research & Data Services

The report package Babies' Garment Market in Europe to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for babies' ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.