This week we are publishing the second set of findings from an extensive piece of research we commissioned on how Dublin consumers will be spending their cash over the coming months. The ‘Spending Time’ study looks at four key categories of consumer spending – Leisure, Clothing & Accessories, Personal Tech and Home.
The research was conducted by Ipsos MRBI among 300 Dublin adults.
Last week we covered Leisure and Home. This week we concentrate on Clothing & Accessories and Personal Tech.
Clothing & Accessories
With little socialising and many of us working from home for more than a year, the need for new clothing has not been as much a priority for consumers as before. However, with hospitality reopened and a phased return to office working on the cards, it’s clear that respondents in the study are keen to upgrade their wardrobe in the months ahead.
In terms of clothing, the number one priority is new threads for socialising, particularly for women. 49% of females intend on making purchases for this reason in the near future, compared to 30% of males. Replacing home ‘lounging’ type wear such as t-shirts and sweatpants registers at 43% for all adults – 39% male, 47% female. Perhaps anticipating a return to office, 27% will be purchasing new clothes for work. Again, a significant gender gap here, with 20% males and 35% females intent on buying new work clothes, rising to 40% of 35-44s. 20% will also be buying workout/exercise type clothing.
Twice as many females as males intend to treat themselves to a new handbag or wallet, 31% v 16%. This top scores among 35-44-year-old females, at 39%. Similar differences exist in terms of jewellery, at 11% and 20% for males and females respectively.
The genders are a bit more aligned when it comes to shoes and footwear. 49% of all respondents will be making an investment in this category soon. This equates to 44% of males and 53% of females. That hits 60% among younger females.
Personal tech, such as smartphones, smart watches and laptops is the only one of the four categories covered in Spending Time that males are more likely to be making purchases than females, in the short term.
More than one third of all respondents aged 35-44 intend to change their phone. Overall, 26% of males and 23% of females will be visiting a telecoms retailer in the near future to make that all important purchase. The figure increases to 27% for main shoppers and 35% for main shoppers who shop at SuperValu.
More than a quarter of 16-24s (27%) intend on purchasing wearable smart devices such as a watch or Fitbit. These devices are more of a priority for females in this age group than smartphones are, 23% v 30%.
Finally, more than one in five of us intend changing our laptops or tablets in the coming period.