A perfect fit
The DNA of winning apparel brands
The global market for apparel presents both challenge and opportunity. To be a winner, a brand must plot an ever more careful path: there is little scope to get it wrong.
On the one hand, global market growth has slowed, consumers are ever more demanding, and the costs of operation continue to inflate. On the other, international borders and channels are blurring, allowing brands access to broader markets, whilst consumers are showing increasing loyalty to the brands they value and trust.
With these opposing forces, it is of no surprise that retailer and brand performance in the apparel market is increasingly polarised between the winners and losers. Against this backdrop, we unpick the DNA of the winners, and show how to identify and grow a winning apparel formula.
If you’d like to talk through our findings or are looking for more information, please contact:
- Mairi Fairley, Partner
- Matt Coode, Partner & Global Head of Retail
- Olivia May, Associate Partner
- Veronica Wang, Associate Partner
Winning hearts and minds
The UK retail industry is not for the faint-hearted: retailers continue to feel the heat from pressure on consumer spending and new and disruptive competitive models