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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - Starting a New Business Chapter

Industry concentration is medium, with the top four industry participants accounting about 50.2% of industry revenue in 2012. Competing directly with major players and established brands can be difficult without substantial resources. Major players also have the benefits of experienced staff, industry knowledge and exclusive distribution agreements. The cost of establishing a new retail outlet and investing in initial inventory may also be a barrier to entry. There are no major regulatory or license requirements to compete in this industry. An estimated 36.0% of establishments are non-employer firms and the wide variety of product and market segments enables new entrants to target a niche market that may be under-served... 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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