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Denmark
DK DK-G4771 | Industry Report | Factsheet

Clothing, Footwear & Leather Goods Retailing in Denmark Industry Data and Analysis

GM
Gaetana Mak
Analyst London, United Kingdom July 2025

Over the five years through 2025, clothing, footwear and leather goods retailing revenue is expected to swell at a compound annual rate of 1.5%.  European fashion retailers are accelerating nearshoring to reduce supply chain risks, improve agility and meet sustainability goals, despite higher regional labour costs and trade complexities. As wage inflation persists and consumer price sensitivity remains high, operational efficiency and workforce strategy are becoming critical levers for retailers. Those that adapt pricing, diversify sales channels and localise assortments will be best positioned to thrive in a cautious, value-focused market. The brands responding with relevance and reach – not just price – will define the next phase of retail performance in Europe. Consumer caution is driving value-focused shopping, limiting profit, and value retailers like Primark are outperforming mid-market peers, prompting brands such as Inditex and Hugo Boss to expand off-price, low-cost and resale channels to stay competitive with increasingly price-sensitive shoppers. Even luxury retailers in Europe face slowing global sales. Brands are shifting to entry-level goods, direct-to-consumer sales and personalised experiences. In 2025, revenue is anticipated to dip by 0.9% to €333.6 billion thanks to low disposable income and sluggish consumer confidence.

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What's included in this industry analysis

IBISWorld's research coverage on the Clothing, Footwear & Leather Goods Retailing industry in Denmark includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released July 2025.

About this industry

What's this industry report about?

The Clothing, Footwear & Leather Goods Retailing industry in Denmark operates under the industry code DK-G4771. Clothing, footwear and leather goods retailers source items from wholesalers or manufacturers and sell them to consumers. Most companies sell goods from one or more retail locations and often operate an online store as well. Related terms covered in the Clothing, Footwear & Leather Goods Retailing industry in Denmark include fast fashion, free trade agreement and e-tailer.

What's included in this industry?

Products and services covered in Clothing, Footwear & Leather Goods Retailing industry in Denmark include Clothing, Footwear and Accesories.

What companies are included in this industry?

Companies covered in the Clothing, Footwear & Leather Goods Retailing industry in Denmark include H&M Hennes & Mauritz AB and Fast Retailing Co Ltd.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Clothing, Footwear & Leather Goods Retailing industry in Denmark.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Clothing, Footwear & Leather Goods Retailing industry in Denmark.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Clothing, Footwear & Leather Goods Retailing industry in Denmark.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Clothing, Footwear & Leather Goods Retailing industry in Denmark. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Clothing, Footwear & Leather Goods Retailing industry in Denmark. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Clothing, Footwear & Leather Goods Retailing industry in Denmark. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Clothing, Footwear & Leather Goods Retailing industry in Denmark. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Clothing, Footwear & Leather Goods Retailing industry in Denmark.

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Frequently Asked Questions

What is the market size of the Clothing, Footwear & Leather Goods Retailing industry in Denmark in 2026?

The market size of the Clothing, Footwear & Leather Goods Retailing industry in Denmark is €2.9bn in 2026.

How many businesses are there in the Clothing, Footwear & Leather Goods Retailing industry in Denmark in 2025?

There are 2,210 businesses in the Clothing, Footwear & Leather Goods Retailing industry in Denmark, which has declined at a CAGR of 3.0 % between 2020 and 2025.

Has the Clothing, Footwear & Leather Goods Retailing industry in Denmark grown or declined over the past 5 years?

The market size of the Clothing, Footwear & Leather Goods Retailing industry in Denmark has been growing at a CAGR of 0.3 % between 2020 and 2025.

What is the forecast growth of the Clothing, Footwear & Leather Goods Retailing industry in Denmark over the next 5 years?

Over the next five years, the Clothing, Footwear & Leather Goods Retailing industry in Denmark is expected to decline.

What are the biggest companies in the Clothing, Footwear & Leather Goods Retailing industry in Denmark?

The biggest companies operating in the Clothing, Footwear & Leather Goods Retailing industry in Denmark are H&M Hennes & Mauritz AB and Fast Retailing Co Ltd

What does the Clothing, Footwear & Leather Goods Retailing industry in Denmark include?

Clothing and Footwear are part of the Clothing, Footwear & Leather Goods Retailing industry in Denmark.

Which companies have the highest market share in the Clothing, Footwear & Leather Goods Retailing industry in Denmark?

The company holding the most market share in the Clothing, Footwear & Leather Goods Retailing industry in Denmark is H&M Hennes & Mauritz AB.

How competitive is the Clothing, Footwear & Leather Goods Retailing industry in Denmark?

The level of competition is moderate and steady in the Clothing, Footwear & Leather Goods Retailing industry in Denmark.

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