Clothing Retailing - Italy - October 2019
“Although they still account for around two-thirds of all spending on clothing and footwear, specialist clothing retailers in Italy are facing a sustained onslaught from a range of sources: rivals discounting excess stock, sports goods retailers capitalising on the trend towards casualisation and the popularity of athleisurewear, online retailers (both specialist and generalist) chipping away at their core business and unpredictable weather patterns which are turning the buying of stock into something of a lottery. At the same time they are trying to adjust their business models to take into account the need to sell more online and to become more sustainable and responsible. It’s no surprise some are struggling to come to terms with such a bewildering array of challenges.”
- Michael Oliver, Senior European Retail Analyst
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