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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 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
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 Key Buyers Chapter

The Men's Clothing Stores industry is characterized by a low level of market share concentration. The Men's Wearhouse Inc. acquired Jos. A. Bank in 2014, significantly increasing its share of the market and making it the only major player within the industry. Rising market share is a common attribute for an industry in the mature stage of its life cycle. Major player concentration has increased since 2010, with acquisitions and mergers being at the forefront of company activity. Expansion for this industry is traditionally limited because most major retailers will expand to offer clothing for women and children. More men-only stores are expected, however, as companies aim to target males with a superior customer service experience... 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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