Forecast: Number of Persons Employed in Retail Sale of Clothing, Footwear and Leather Articles in Specialized Stores Sector in Italy

The forecast for the number of persons employed in Italy's retail sale of clothing, footwear, and leather articles reveals a declining trend from 2024 to 2028. In 2023, employment stood at 187.3 thousand. The projections show a steady year-on-year decrease: 11.6% from 2024 to 2025, 13% from 2025 to 2026, 14.8% from 2026 to 2027, and 17.2% from 2027 to 2028. The five-year compound annual growth rate (CAGR) for this period reflects a downward spiral, emphasizing a significant contraction in employment. This trajectory points to increasing challenges within the sector.

Future trends to monitor include:

  • Impact of e-commerce and digital transformation on traditional retail employment.
  • Shifts in consumer behavior and preference for sustainable and ethical fashion.
  • Regulatory changes and economic factors affecting the retail landscape.
  • Technological advancements driving automation, potentially reducing the need for labor.

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