Industry Analysis & Industry Trends
As with most retailers, women's clothing stores are not recession-proof. Revenue is expected to increase slightly over the five years to 2014. The skyrocketing unemployment rate and reduced per capita disposable income pushed consumer sentiment down significantly during the recession. These factors led to diminished demand for discretionary products, including women's clothing. IBISWorld anticipates revenue will grow faster over the next five years as consumer confidence returns and disposable income rises. However, as competition from internet retailers mounts, revenue growth will slow toward the end of the five-year period... purchase to read more
Industry Report - Industry Products Chapter
With workplace dress standards increasingly becoming more relaxed, women's clothing stores have begun to alter their product mix toward casual clothes to meet the increasing demand. Some retailers have either amended their existing merchandise assortments or are now carrying a wider variety of styles.
Tops and blouses represent the largest product segment within the Women's Clothing Stores industry. Most women own more tops than dresses, pants or other pieces of apparel. Shirts are the most versatile garment, since they can transition from dressy attire to casual attire seamlessly. Tops are also more prone to wear and tear because they are not made from durable materials like denim, but require softer, more delicate fabrics like knit cotton and silk... purchase to read more