DUBLIN, July 05, 2021– (BUSINESS WIRE) – The report “Clothing Markets – Thematic Research” has been added to ResearchAndMarkets.com offer.
A clothing marketplace is defined as a platform that sells products, such as clothing, footwear, and accessories, and does not include services provided by retailers or individual consumers. The platform is only used to complete the transaction against the purchased products, however, the goods are not legally owned by the market at any time, but can be stored and executed.
Online clothing markets have grown in popularity in recent years for their wide range of products offered at low prices as perceived by shoppers. Independent retailers are opting for marketplaces to sell their products in order to leverage a larger customer base at a low fixed cost. Over the years, eBay, Tmall, Alibaba, JD.com, and Amazon have driven the growth and popularity of markets across the world, as well as a shift towards online shopping among customers, which has encouraged small actors to launch their own markets and take advantage of the advantages associated with the market model.
The report then provides an overview of the apparel market model, players in the apparel markets space, trends (including technology trends, macroeconomic trends, consumer trends, and regulatory trends) , analysis of the industry (via the use of use case keys) and describes the companies engaged in the retail markets and mergers and acquisitions associated with the theme of the apparel markets.
COVID-19 has had a significant impact on the apparel industry, particularly for retailers marketing product categories deemed non-essential such as clothing, footwear and accessories. Unprecedented store closures due to nationwide closures have contributed significantly to the woes of retailers and put significant pressure on retailers to redefine their strategy and restructure their businesses to fit the business climate caused by the pandemic.
Clothing markets have successfully avoided the impact of the COVID-19 pandemic due to its popularity among shoppers as it offers a plethora of alternatives for a product from various retailers to choose from, as well as The increasing use of smartphones in recent times and the preference of buyers for selling online. channel especially during the period of the COVID-19 pandemic which has led markets to find ways to engage more with customers
With an abundance of information on various products instantly available to consumers, the apparel markets are under great pressure to deliver a unique experience to every customer as a tactic to attract consumers and ensure loyalty and engagement with them. the retailer.
Personalization and frictionless shopping are becoming increasingly important to consumers. The goal of personalization within apparel is to ensure that physical stores and online channels meet the distinct and different needs of the retail buyer base in terms of various parameters. Whereas frictionless shopping is all about creating a seamless buying process by reducing the time and hassle associated with purchasing products. With an abundance of competition within the retail space and consumers appreciating convenience and ease, it is essential for retailers to improve both personalization and ease of purchase.
The editor gives an overview of the commercial framework of marketplaces in the clothing sector
The report provides insight into the business model of the apparel markets, calls out the players who dominate the apparel market space, while highlighting the technological, macroeconomic, consumer and regulatory trends that are expected to impact the apparel market. Apparel Industry Over the 12-24 Months The report then highlights how the concept of marketplaces is being used by brands and provides examples of specific brands while reviewing mergers and acquisitions and strategic partnerships associated with the theme of retail marketplaces
Reasons to buy this report
Provides insight into the markets business model including its origins, benefits and timeline in the apparel market
Provides an overview outlining the issues facing the retail industry due to COVID-19
Get an overview of the players who interact with the retail markets and identify the main retailers / brands within this space
Better understand the key trends – including technology, macroeconomic, regulatory and industry trends – impacting the retail market over the next 12-24 months
Discover specific examples of retailers / brands adopting the markets business model and various market related mergers and acquisitions in the apparel space.
For more information on this report, visit https://www.researchandmarkets.com/r/dfrukn
View the source version on businesswire.com: https://www.businesswire.com/news/home/20210705005060/en/
Laura Wood, Senior Press Director
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