Apparel Accessories Manufacturing
Brief Excerpt from Industry Overview Chapter:
Companies in this industry manufacture apparel accessories such as hats, gloves, scarves, neckties, and belts. Major companies include BIOWORLD, Bollman Hat Company, New Era Cap, and Randa Accessories (all based in the US), as well as Hermes (France), Mainland Headwear (Hong Kong), and Mulberry Group (the UK).
Demand is determined by consumer tastes and the level of consumers' discretionary income. The profitability of companies depends in part on effectively controlling the costs of manufacturing, both in the US and internationally. Smaller companies can compete effectively by specializing. The US industry is concentrated: the top 50 companies account for about 80% of sales.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products include hats, which account for 18% of apparel accessories manufacturing sales; men's ties and other neckwear, 11% of sales; and gloves and mittens, 8%. Other products include belts, women's scarves, suspenders, aprons, and apparel trimmings and findings.
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