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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 | May 2014

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

IBISWorld’s Men's Clothing Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 09-14
2.1%
Annual Growth 14-19
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Profit
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Employment
58,211
Businesses
8,454
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 SWOT Analysis Chapter

IVA (i.e. the industry's contribution to the US economy) is expected to grow at an average annual rate of 2.4% between 2009 and 2019; meanwhile US GDP is anticipated to increase at 2.7% per year, on average. As such, IBISWorld places the Men's Clothing Stores industry in a mature life cycle stage.

Over the five years to 2014, the number of enterprises expected to remain steady at an average annual rate of 0.0%. Mergers and acquisitions have defined the period, with the most recent ones being PVH Corp.'s acquisitions of Tommy Hilfiger and The Warnaco Group in 2010 and 2013 respectively and The Men's Wearhouse acquisition of Jos. A. Bank in 2014... 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. 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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