As with most retailers, women's clothing stores are not recession-proof. Revenue is expected to increase slightly over the five years to 2014. The skyrocketing unemployment rate and reduced per capita disposable income pushed consumer sentiment down significantly during the recession. These factors led to diminished demand for discretionary products, including women's clothing. IBISWorld anticipates revenue will grow faster over the next five years as consumer confidence returns and disposable income rises. However, as competition from internet retailers mounts, revenue growth will slow toward the end of the five-year period.
This industry comprises establishments that specialize in women's wear, including misses', juniors', plus-size clothing and maternity wear. Operators in this industry undertake sales and administrative activities, such as customer service, advertising and cash handling. Some stores also offer basic alteration services on-site.
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.