Clothing & Footwear retailing in Sweden, Market Shares, Summary & Forecasts to 2021
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Clothing & Footwear retailing in Sweden
Overview
Low inflation, declining unemployment, and rising disposable income have all contributed to the economic prosperity of Swedish consumers, thereby driving growth in retail sales. Sales reached SEK753bm in 2016, having registered a CAGR of 3.2% during the 2011-2016 period. The Swedish retail industry is characterized by the presence of domestic and international retailers. Hitherto, domestic retailers have a dominant presence in the country and players such as Ikea, H&M, and Lidl are expanding their presence.
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Top Companies mentioned
Åhléns
Lindex
Intersport
Gekås Ullared
MQ
Dressmann
Clothing & Footwear retailing in Sweden Industry Major Outlook
"Clothing & Footwear retailing in Sweden, Market Shares, Summary & Forecasts to 2021", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Chile retail environment. In addition, it analyzes the key consumer trends influencing Chile clothing and footwear industry.
Clothing & Footwear retailing in Sweden - Competitive Analysis
Key players are making innovative developments in Clothing & Footwear retailing in Sweden industry. The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector
Scope
Online retail is emerging as the fastest-growing channel in Russian retail
- Clothing & footwear sector sales declined due to weak purchasing power of Russians
- Specialist stores and department stores losing share as online grows
- Mass market brands are driving sales in the sector with low price strategy
- Clothing & footwear sector is dominated by international retailers
- Specialists and department stores losing biggest share as online gains
.Continued
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Posted by
Vivian Dsena
on Tuesday March 27 2018, 3:46 AM EST.
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