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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 | Sep 2013

Following suit: Increasing employment and income will help drive demand as the economy improves

IBISWorld’s Men's Clothing Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 08-13
-0.3%
Annual Growth 13-18
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Profit
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Employment
57,237
Businesses
8,424
Industry Analysis & Industry Trends

Tied to the economy

The Men's Clothing Stores industry was especially sensitive to the economic recession. Sinking consumer sentiment, brought about by skyrocketing unemployment levels and a slowdown in personal disposable income growth, has limited downstream demand for apparel. High unemployment has also slowed demand for office attire. A pattern of merger and acquisition activity has characterized the industry as large companies expand their market reach and product mixes. This trend is expected to continue through 2017, and as the economy recovers, spending and demand will strengthen... purchase to read more

Industry Report - Industry Investment Chapter

As is typical of the retail sector, firms within the Men's Clothing Stores industry are subject to higher labor costs than capital expenditure. Labor costs are required for merchandising, customer service and to process sales. Capital expenditure comes in the form of display shelves and cash registers. An increase in the use of point-of-sale (POS) systems, which monitor inventory levels, sales and taxes collected, is slowly increasing the capital expenditure of some firms within this industry. In 2013, labor costs are expected to account for 14.8% of industry revenue while depreciation will account for 1.0%. For every dollar spent on labor, the typical operator spends $0.068 on capital investments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Men's Clothing Stores Industry?

Men's clothing stores retail a general line of new men's and boys' suits, formal wear, shirts, T-shirts, casual slacks, jeans, sport coats, blazers, sports apparel, sweaters, overcoats, raincoats and accessories. Services may also include basic alterations such as hemming, taking in or letting out seams, and lengthening or shortening sleeves.

Industry Products
Suits and formal wearShirts and T-shirtsCasual slacks and jeansSport coats and blazersSports apparel and sweatersOvercoats 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' clothingMen's and boys' leather clothing retailingMen's and boys' gloves retailingMen's and boys' fur clothing retailing


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