Industry Analysis & Industry Trends
The growing obesity rate has supported revenue growth for the Plus-Size Women's Clothing Stores industry in the past five years. While industry performance was strained by the recession due to lower disposable income, demand is expected to increase in the five years to 2019. The industry is set to grow strongly, benefiting from a rising per capita disposable income and a decline in the healthy eating index. Moreover, industry operators will likely benefit from greater designer collaboration and greater availability of premium products. As a result, despite potential competition from alternative retailers, industry profit is anticipated to rise as more high-end labels begin to offer plus-size styles.... 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