Industry Analysis & Industry Trends
While the Plus-Size Women's Clothing Stores industry's performance was strained by the recession due to lower disposable income, demand will pick up in the next five years. Floods in key cotton-supplying regions have also cut into profit, but retailers will likely turn around in the five years to 2018. In particular, growth in disposable income and more plus-size choices from designers will encourage demand.... purchase to read more
Industry Report - Starting a New Business Chapter
The capital costs associated with establishing plus-size women's clothing stores are relatively low, and the only real barriers to entry in this industry relate to brand awareness and competition. The long-term process of establishing a solid reputation can be considered a deterrent to enter the industry. Existing players have already established brand names in their respective product fields, so new entrants will need to invest money and time to sway consumers into making the shift from strong existing brand names to the garments of relatively new brands.
With a large number of smaller players, competition within the industry is strong. There is also a high level of external competition, particularly from department stores and big-box retailers (e.g. Walmart)... purchase to read more