Abstract
The Irish clothing retail market, having grown steadily for a considerable period of time, now faces immense challenges, both in NI and RoI. Interest rate rises, an increasingly competitive marketplace, and fears for the end of the consumer credit boom have combined to fuel a certain amount of pessimism for the short-term future of the industry. The recent poor summer of 2007 has only served to add to clothing retailers' concerns.
This report provides insights into the Irish clothing retail market. For the purposes of this report, Mintel looks at five main types of clothing retailer:
- Department stores, eg Arnotts, Debenhams, M&S.
- Value retailers, eg Primark, New Look.
- Specialist clothing retailers, eg Next, River Island.
- Independent retailers/boutiques - included here are small chains and independent stores that carry a range of brands. The brands carried may vary from value brands to designer labels, depending on the retailer' s market positioning.
- Supermarket own-labels - this includes supermarkets such as Tesco and Asda, which sell a range of generally low-priced clothing using their own label alongside more traditional sales of foodstuffs and textiles, e.g. the George at Asda range.
- Textiles - products include bedding, curtains, cloths, etc.