the index report pt 1 · the most shoppers overall but sportswear, particularly among the younger...
TRANSCRIPT
THE
INDEXI N PA R T N E R S H I P W I T H
Part 1
The ectors, The Channels,The Formats and The Behaviours
Tracking the current behaviours and the future intentions of the British fashion shopper
TheIndustry.fashion The ectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 4
The Introduction
Every month, with the help of respected consumer research
experts at Savanta, we speak to a nationally representative
sample of 2,000 shoppers and interrogate them on their current
and intended fashion spending behaviour.
As each month passes we will be able to show the trends in real
time from the migration to mobile to the surge in sportswear
down the performance of individual brands. This market
intelligence is designed to be accessible, easy to digest and to
help you and your business navigate safely and successfully
through the industry at a time of rapid change.
For launch we have chosen 100 brands to track from pureplay
etailers to high street stalwarts, iconic luxury players to sports
and value specialists. Whether your own brand is tracked or
not (and we will update the list every quarter to reflect market
changes), you will gain a unique insight into how the industry’s
leading players are performing relative to each other.
We’ve also asked consumers to feedback on every brand listed
on their positive and negative sentiments, which has led to each
brand being attributed a “Buzz Score”. These unique scores will
enable brands and retailers to analyse whether positive marketing
messages or PR disasters are penetrating into the minds of the
consumer, and crucially, whether it affects the performance of
the brand.
Part 1 of The Index covers The Sectors, The Channels,
The Formats and The Behaviours while Part 2 will cover
The Brands and The Buzz Scores.
Welcome to first edition of The Index in partnership with Klarna. This brand-new monthly service will track the behaviour of the British fashion shopper, giving you a unique and unbiased insight of the industry’s key sectors, channels, formats and brands and how they are performing.
TheIndustry.fashion The ectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 5
The Sectors
OV
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MA
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FE
MA
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GENDER AGE REGIONS SEG
16-2
4
25
-34
35
-44
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-64
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+
NO
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39% 36%41%
48% 47% 45%40%
32%27%
42%40%39%37%44%
34%
We’ve broken the data down by gender, age, region and socio economic group to enable
readers to analyse where their particular target group is shopping.
As might be expected, the value players and the high street mainstream brands are attracting
the most shoppers overall but sportswear, particularly among the younger consumer, is catching
up and becoming almost as popular. Interesting to note, sportswear is attracting more young
shoppers, particularly young men, than pureplay etail (though the latter is favoured by young
women – and not surprising given the vast choice). This dynamic will be one to track as the
month-on-month comparisons roll in.
From pureplay etailers to sports specialists, these are the sectors attracting fashion shoppers. Each survey respondent is asked to indicate which type of retailer/brand they have shopped for fashion and accessories in the prior three months.
Online-only retailer e.g. ASOS, Amazon, Boohoo
OV
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GENDER AGE REGIONS SEG
16-2
4
25
-34
35
-44
45
-54
55
-64
65
+
NO
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ON
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C1
C2
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60% 56% 65% 60% 66%57% 56% 56%
65% 64%62%59% 59% 67%54%
High street/mainstream fashion retailer (either online or in-store) e.g. Topshop, Marks & Spencer, Next
TheIndustry.fashion The ectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 6
The Sectors continued
OV
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FE
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GENDER AGE REGIONS SEG
16-2
4
25
-34
35
-44
45
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55
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+
NO
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59%51%
66%
51%61% 62% 61% 61%
55% 51%55%59%65%
55%62%
OV
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MA
LE
FE
MA
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GENDER AGE REGIONS SEG
16-2
4
25
-34
35
-44
45
-54
55
-64
65
+
NO
RT
H
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AB
C1
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40%46%
35%
52% 53% 54%
45%
32%
18%
50%
37%42%
38%45%
36%
OV
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L
MA
LE
FE
MA
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GENDER AGE REGIONS SEG
16-2
4
25
-34
35
-44
45
-54
55
-64
65
+
NO
RT
H
MID
LA
ND
S
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H
LO
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ON
AB
C1
C2
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20% 22%18%
26%30%
21%19%
15%13%
34%
19%17% 18%
20%
12%
OV
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MA
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FE
MA
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GENDER AGE REGIONS SEG
16-2
4
25
-34
35
-44
45
-54
55
-64
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+
NO
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11% 12% 11%
21% 20%
14%
10%
4% 5%
23%
10%10% 9%
17%
6%
Value store/supermarket (either online or in-store) e.g. George at Asda, Matalan, Primark
Premium fashion retailer (either online or in-store) e.g. Jigsaw, John Lewis, Ted Baker
Sports/active retailer (either online or in-store) e.g. JD Sports, Sports Direct, Nike
Luxury retailer (either online or in-store) e.g. Net-A-Porter, Harvey Nichols, Selfridges
TheIndustry.fashion The sectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 7
The Channels
These figures show just how multichannel the shopper is – across all age groups – and also the importance of the integration of the physical and digital.
14%
29%57% 14%
29%
57%
18%
31%
51%
11%
27%
62%
16%
20%
64%
15%
18%
67%
14%
21%
64%
16%
26%
58%
13%
38%
50%
13%
43%
44%
14%
31%
55%
14%
32%
54%
17%
25%
58%
13%
22%
65%
14%
23%
63%
15%
35%
51%
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GENDER AGE REGIONS SEG
16-2
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When shopping for fashion in the past 3 months did you…
Some 57% of shoppers overall bought fashion in both physical and online stores in the past
three months with the highest enthusiasm for multi-channel shopping coming from the
under-45 consumer.
Even with the 65-plus consumer, shopping in-store only accounts for well under half (43%)
of shoppers. Interesting online-only shoppers sit at around 13%-16% across all age groups.
Buy online only
Buy in-store only
Buy both online and in-store
KEY
TheIndustry.fashion The ectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 8
The Channels continued
57%
18%
5%
4%
8%
6%2%
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18%
57% 56% 57%
41%
53%
48%
52%
67%71%
57%
58%
58%52% 52%
61%
21%18% 16%
23%
14%17%
16%
18%
21%
18% 19% 18%
17% 19%
17%
5% 4%6%
7%7% 6%
5%
4%
6% 5% 4%
6% 5%
5%4% 4%
3%4% 5% 5%
3%
4% 4%3%
4% 5%
8% 6% 10%
10%13% 10%
12%
4%
7% 9% 9%9% 9%
7%
6% 6% 6%12%
8% 10% 7% 6% 4% 7% 11% 9%3%
4%
3%
When shopping for fashion, which is your PREFERRED method?
While only 29% of our fashion shoppers bought in-store only
over the past three months, more than double that (57%) say
that shopping in-store is their PREFERRED method of buying
fashion. This figure leaps to 71% of over-65s and drops to
41% of under-25s.
Just over half of online shoppers prefer to shop on mobile in its
various forms versus those shopping on desktop. With many
brands considering apps, it’s clear these are particularly worth
investing in for the Gen-Z shopper with 10% of this group saying
shopping via smartphone via app is their preferred way to buy
clothes. There is reasonable engagement with smartphone apps
up to the age of 54.
Buying in-store
Buying online via desktop/laptop
Buying online via a tablet using a web browser
Buying online via a tablet using an app
Buying online via a smartphone using a web browser
Buying online via a smartphone using an app
Don’t know
KEY
TheIndustry.fashion The ectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 9
The Formats
According to various footfall studies the high street is bearing the brunt of the decline in consumer confidence at presence. From our respondents, some 41% of shoppers still prefer to shop the high street more than any other format, but shopping malls at 37% are not far behind. As time progresses this will be a crucial metric to track. Gen Z are already showing a clear preference for malls with 55% preferring to shop them.
41%
37%
22%
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GENDER AGE REGIONS SEG
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41% 38% 43%34%
43%36%
44% 45% 41% 40% 41% 45%36% 38%
43%
37% 38%36% 55% 40%
40%32% 31%
32% 37% 30%34% 56%
41% 32%
22% 24% 21%11%
17%24% 25% 24% 27% 24% 28%
21%8%
21% 24%
If you shop for fashion in a physical store, which location is your most preferred?
A chain store
A store
supermarket
An independent store
KEY
TheIndustry.fashion The ectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 10
The Channels continued
35%
32%
17%
16%O
VE
RA
LL
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GENDER AGE REGIONS SEG
16-2
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35
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35% 31%39% 40% 36% 37% 37%
32% 31% 33% 35% 40%32% 35% 35%
32% 35%28% 26% 29% 29% 29% 35% 37% 32% 29%
29%39% 33% 30%
17% 16% 18%14% 17% 15%
19% 17% 19%18% 18%
17% 13% 14% 20%
16% 18% 15%20% 17% 19% 14% 16% 13% 17% 17% 14% 17% 18% 15%
Which type of fashion retailer, do you MOST prefer to shop at IN-STORE?
When it comes to the type of store, a high street chain remains
the most popular option, but given the recent travails in the
department store space (with Debenhams and House of Fraser
taken to the brink), there is still much enthusiasm for this type of
store and, in particular, among the older consumer
Independents are cited by 18% overall as their preferred store
type and, encouragingly for this sector, some 20% of Gen Z
consumers say they prefer to shop independents, which is the
highest score among the age groups.
A chain store
A department store
A supermarket
An independent store
KEY
TheIndustry.fashion The ectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 11
The Channels continued
In the field of online, shoppers clearly gravitate towards the experts with 38% overall
saying they prefer to shop pure players online (presumably trust, choice, delivery options
all come into play), versus the next most popular option of the website of a chain store at
22%. The preference for pureplay online is true of all age groups.
22%
19%
9%12%
38%
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GENDER AGE REGIONS SEG16
-24
25
-34
35
-44
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+
NO
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22% 19%24%
18% 21% 24% 19%29%
20% 21% 21% 23% 23% 21% 23%
19%19%
20%
18%20% 19%
16%
16%26% 19% 19% 19% 21% 21% 18%
9%10%
8%
8%
11% 11%
8%
7% 9%9% 9%
11% 8%7% 11%
12%12%
13%17%
15% 11%
10%
11%12%
15% 13%10% 9% 13% 12%
38% 40% 35% 40%33% 35%
47%38% 34% 37% 38% 37% 39% 38% 37%
Which type of fashion retailer do you MOST prefer to shop at ONLINE?
A chain store
A department store
A supermarket
An independent store
An online-only brand retailer
KEY
TheIndustry.fashion The ectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 12
The Behaviours
Some 65% of Gen Z consumers are buying fashion one a month or more, making it
completely understandable why brands are falling over themselves to attract this new group.
Well over half of Millennials and Gen X are buying clothes once a month or more as well.
With fashion having to compete with entertainment, wellness, technology and other attractions for consumers’ disposable income, it is still popular. Some 13% of shoppers are buying clothes at least once a week with a further 34% buying one a month or more. In fact buying clothes once a month or more is the most popular response.
13%
34%
25%
17%
8%
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13% 11% 15%
31%22%
14% 10% 7% 4%12% 10% 10%
28%18%
9%
34%32%
37%
34%41%
39% 41%
29%24%
34% 34% 36%
34%
38%
31%
25%26%
25%
25%22%
26% 24%
26%
29%
27% 26% 26%
20% 25%
26%
17% 19%15%
6%8%
16%16%
25%25%
17% 18% 20%9% 12%
21%
8% 9% 8% 5% 6% 7%10% 15%
9% 10% 5% 7% 5%11%
How often, typically, do you shop for fashion at the moment?
Once a week
One a month or more
Once every two months or more
Once every three months or more
Once every six months or more
Once a year or more
KEY
TheIndustry.fashion The ectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 13
The Behaviours continued
Of course other forms of entertainment and other non-fashion consumer goods are the
only challenges retailers have to over-come but also sustainable movements and campaigns
encouraging consumers not buy clothes. However, despite this well over half of consumers
say they intend to BUY MORE fashion items over the coming 12 months. It’s not all good
news, however since less than 50% say they will actual SPEND more on fashion in the coming
12 months, which suggests some consumers are expecting to get more for less.
56%
44%
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56% 57% 54%
75% 77%67%
55%
42%31%
53% 54% 53%
71%64%
47%
44% 43% 46%
25% 23%33%
45%
58%69%
47% 46% 47%
29%36%
53%
Looking ahead at potential future fashion purchases in the coming six months, which best describes your intentions when it comes to the volume of the clothes you might purchase?
Intend to buy more fashion items
Intend to buy fewer fashion items
KEY
TheIndustry.fashion The ectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 14
The Behaviours continued
48%52%
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GENDER AGE REGIONS SEG
16-2
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35
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NO
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48% 52%44%
64% 67%57%
47%36%
26%
46% 46% 44%
63%57%
39%
52% 48%56%
36% 33%43%
53%64%
74%
54% 54% 56%
37%43%
61%
Looking ahead at potential future fashion purchases in the coming six months, which best describes your intentions when it comes to the cost of the clothes you might purchase?
I Intend to spend more I ntend to spend less
KEY
TheIndustry.fashion The ectors, The Channels, The Formats and The Behaviours | Tracking the current behaviours and the future intentions of the British fashion shopper | 15
The Information
On behalf of TheIndustry.fashion, Savanta surveyed 2,000 UK consumers during September
2019, all of whom had shopped for fashion in the previous three months. 49% of respondents
were male, 51% female. 16-29 year olds – 20%; 30-44 year olds – 24%; 45-59 year-olds – 27%;
59+ - 29%. Respondents were equally drawn from key regions and professional backgrounds.
In Part 2 of The Index we will look at our 100 tracked brands and find out who’s shopping
them and how, plus we will be revealing the first of our all-important Buzz Scores.
If you would like to interrogate our data further or discuss
bespoke research opportunities, please contact:
Antony Hawman
Chief Partnerships Officer
TheIndustry.fashion
020 3912 0002
For more information on Klarna, please visit:
www.klarna.com