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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 2016

Suited up: Bolstered by economic gains, demand for men's apparel is expected to 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
$10bn
Annual Growth 11-16
1.8%
Annual Growth 16-21
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Profit
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Employment
63,682
Businesses
8,363
Industry Analysis & Industry Trends

The Men's Clothing Stores industry relies on low unemployment levels to spur demand for office attire and encourage new clothing purchases. As a result, pent-up demand in 2011, following a rise in disposable income and falling unemployment, rebounded the industry to growth. In the coming years, as consumers regain purchasing power and unemployment returns to near-normal levels, discretionary spending on apparel will continue to grow... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Men's Clothing Stores industry exhibits a low level of market share concentration. Tailored Brands 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 2011, with acquisitions and mergers facilitating such conditions. 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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