Clothing StoresPublished by: First Research, Inc. Published: Nov. 26, 2012 - 10 Pages Table of Contents
AbstractBrief Excerpt from Industry Overview Chapter:Companies in this industry operate physical retail establishments that sell clothing and accessories. Major companies include TJX Companies (TJ Maxx, Marshalls), Gap, and Limited Brands (all based in the US), along with Hennes & Mauritz (Sweden), Inditex's Zara chain (Spain), and Arcadia Group's Topshop (UK). The US clothing store industry includes about 100,000 stores with combined annual revenue of about $165 billion and is expected to grow at a low rate in the next two years. Key growth drivers include consumer spending levels and popular clothing styles. COMPETITIVE LANDSCAPE Personal income and fashion trends drive demand for clothing. The profitability of individual companies depends heavily on effective merchandising and marketing. Large companies can offer wide selections of clothing and have advantages in purchasing, distribution, and marketing. Small stores can compete by offering unique merchandise, targeting a specific demographic, providing superior customer service, or serving a local market. The industry is concentrated: the 50 largest companies account for about 65 percent of industry revenue. Competition for the clothing store industry includes department stores, discount stores, and Internet and catalog retailers. PRODUCTS, OPERATIONS & TECHNOLOGY The clothing retail industry includes stores specializing in women's clothing (50 percent of industry revenue) or men's clothing (20 percent). Stores may also specialize in children's clothing (nearly 10 percent of sales) or accessories. Children's clothing stores include infant wear. Accessory stores may specialize in hats or caps, costume jewelry, gloves, handbags, ties, wigs, or belts. Within their... Get full details about this report >> |
|
|
|
About MarketResearch.com
|
||
|
|
On the WEB
1/18/2013 - 32