Fashion Designers in the US
The Fashion Designers industry has trended upward as the economy has strengthened. Increased consumer confidence and favorable industry conditions have created mass appeal in this previously elite industry. Moreover, fashion designers have discovered innovative ways to market and sell their creations. Designer collaborations with mass merchants, such as Target and H&M, have been at the forefront of the market's expansion. These retailers carry specially designed, lower-priced pieces for a limited time, capturing a demographic that is younger and more price conscious. Over the five years to 2023, the increasing visibility and accessibility of fashion will bode well for industry participants as consumers' budgetary constraints diminish. Additionally, demand from clothing and accessories stores is expected to increase, furthering demand for design services.
This industry comprises establishments that provide professional design services for such products and segments as fashion, clothing, shoes, textiles, fur, jewelry, costumes, lighting and floats. These services occasionally represent the design branch of a large retail chain, but they more often represent smaller design houses that provide fashion products to several different sellers. This industry does not include in-house design services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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