Fashion and Apparel Purchase Outlook and Consumer Segments 2010

What categories of apparel purchases look promising at this point in time?

Which types of apparel retailers can have some confidence in sales outlook for the remainder of 2010?

A survey of 8,200 adults conducted in April 2010 provides some interesting information.  Of particular interest to fashion retailers is that one segment of consumers has set apparel as the most likely consumer goods category for increased spending in the coming months.

The survey, conducted by BIGresearch in April 2010, and released by Acxiom divides apparel consumers into categories of generation (age) and fashion outlook.

Apparel consumer buyer categories

Apparel consumer generations

One thing that is striking is the clear decline with age in the numbers of consumers identifying themselves as fashion forward.

All Categories of Consumers Intend to Increase Apparel Spending

As shown in this chart virtually all categories of consumers intend to spend more on apparel in the next 90 days (as of April 2010.)

Apparel consumer purchase plans

Where Consumers Like to Shop

While department stores and discount store are most preferred for shopping among the total population of consumers, specialty apparel stores are favored by the most prized segment, fashion forward, high income female consumers – those who actually spend the most money on apparel.

Apparel consumer store preferences

As the following charts show, while fashion forward women are the smallest segment of consumers, they actually comprise an equivalent share of total purchases.

Female fashion forward apparel consumers

What Consumers Look for in Their Shopping Experience

There are a number of interesting facts to be pulled from the following chart:

  • Fashion forward consumers are most interested in stores providing fashion ideas, new styles and fabrics as well as the store experience of design and layout.  They are also the segment most motivated by loyalty programs.
  • Conservative/traditional consumers are most motivated by knowledgeable sales people and customer service, and somewhat by loyalty programs or store credit cards.
  • Value driven consumers are most motivated by price, of course, but also heavily by location.  Surprisingly they are much less motivated by loyalty programs.

Apparel consumer shopping preferences

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