Menswear - UK - March 2017

Menswear - UK - March 2017

  • Mintel
  • March 2017
  • Apparel
  • 0 pages

Report Description

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As more retailers are entering the menswear market and men are faced with greater choice of products, styles and sizing, the sector is becoming more competitive. Millennial men are also becoming more demanding, wanting higher quality pieces, frequently updated ranges and unique designs, and they will choose to buy clothes from those retailers and brands that step up to the plate.

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Table of Content

OVERVIEW
What you need to know
Products covered in this Report

EXECUTIVE SUMMARY
The market
Menswear grows by 2.8% in 2016
Figure 1: Best and worst case forecast of UK sales of men’s outerwear, 2011-21
Decline in young men poses a threat
Rates of obesity jump among young men
Figure 2: Overweight and obese adults, by gender and age group 2014 and 2015
Companies and brands
Standalone menswear stores
Menswear advertising expenditure falls
Next and M&S highly trusted
Figure 3: Attitudes towards and usage of selected menswear brands, August 2016 and February 2017
The consumer
Men aged 16-44 drive sportswear sales
Figure 4: Types of clothes men have bought in the last three months, December 2016
Next overtakes M&S in popularity
Figure 5: Retailers from where men bought clothes for themselves in-store or online, December 2016
Pureplays seen as catering for different sizes
Figure 6: Attributes associated with types of retailers, correspondence analysis, December 2016
Young men want frequently updated clothes
Figure 7: Improvements desired at retailers where men usually shop, December 2016
Young Millennials drawn to delivery pass for fashion
Figure 8: Interest in innovations when shopping in-store and online, December 2016
Demand for more representative models
Figure 9: Agreement with attitudes towards shopping for fashion, December 2016
What we think

ISSUES AND INSIGHTS
What has been driving sales in the menswear market?
The facts
The implications
What are the opportunities for further growth?
The facts
The implications
How can the sector encourage purchasing among older males?
The facts
The implications

THE MARKET – WHAT YOU NEED TO KNOW
Menswear grows by 2.8% in 2016
Menswear to reach £16 billion by 2021
Decline in young men poses a threat
Looking towards an ageing male population
Rates of obesity jump among young men
Men more confident about finances than women
Men prioritise leisure over fashion
Smartphone ownership peaks among men aged 25-44

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