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Men's Clothing Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Men's Clothing Stores Market Research Report | NAICS 44811 | Feb 2015

Coat and tie: As consumers regain purchasing power, spending on men's apparel will grow

IBISWorld’s Men's Clothing Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 10-15
4.1%
Annual Growth 15-20
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Profit
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Employment
70,772
Businesses
9,242
Industry Analysis & Industry Trends

The Men's Clothing Stores industry was especially sensitive to the economic recession. Sinking consumer confidence, brought about by skyrocketing unemployment and low per capita disposable income growth, limited downstream demand for apparel. Nevertheless, as the economy recovers, spending and demand will strengthen. In addition, a pattern of merger and acquisition activity has characterized the industry as large companies expand their market reach and product mixes... purchase to read more

Industry Report - Industry Analysis Chapter

The Men's Clothing Stores industry comprises retailers that sell exclusively to men, with the majority of sales generated through office and formal attire. Demand for office apparel is highly dependent on employment levels and, consequently, was slow to recover from the recession as high unemployment persisted. Moreover, while discretionary income grew slightly over 2010, consumers wary of the recent economic collapse held back on expensive black-tie events that typically drive suit sales. Pent-up demand and improved employment in 2011, however, resulted in double-digit growth for the year. Accelerated by the entrance of luxury brands, demand has continued to recover... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Men's Clothing Stores Industry?

Men's clothing stores retail a variety of men's and boys' suits, formal wear, shirts, t-shirts, casual slacks, jeans, sport coats, blazers, sports apparel, sweaters, overcoats, raincoats and accessories. Operators may also offer custom suits and other clothing through alterations such as hemming, taking in or letting out seams and lengthening or shortening sleeves.

Industry Products
Suits and formal wearCasual wearOffice wearSport coats and blazersOvercoats and raincoatsAccessories
 
Industry Activities
Men's and boys' clothing retailingMen's and boys' clothing accessories retailingMen's and boys' undergarments retailing, including socks and undershirtsAltering men's and boys' clothing


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