Loose thread: Price competition and the rise of e-tailers have decreased industry demand

The Women's Clothing Stores industry in Florida has been all but sunny over the past five years. Due to declining mall traffic and competition from thriving superstore retailers, industry revenue is expected to fall over the fiev years to 2017. Price competition between operators and the growing dominance of e-commerce has depleted demand from industry stores. Despite per capita disposable income in Florida increasing at a slower rate than the national level, state industry-specific revenue is expected to decline less precipitously than the annualized 1.3% decline in revenue expected at the national level...read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 12-17
-0.2%
Forecast Growth 17-22
Profit
Employment
26,890
Businesses
4,318

Industry Threats & Opportunities

  • This industry only accounts for specialty clothing stores, excluding popular family and unisex retailers that usually offer lower prices
  • Online retailers have put increasing competitive pressure on industry stores
  • Premium and niche operators will likely a larger share of industry operations
  • Industry Report - Starting a New Business Chapter

    The capital costs associated with establishing a women's clothing store 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 brand reputation can be considered a deterrent to entering the industry. Existing players have already established brand names in their respective product fields, so new entrants will have 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 the Department Stores industry. How...purchase to read more.

    Additional Insights for the Women's Clothing Stores in Florida Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Women's Clothing Stores in Florida Industry are

  • Attractive product presentation
  • Establishment of brand names
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income in Florida and Households earning more than $100,000 in the Women's Clothing Stores in Florida industry impact industry performance..

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    What's in this report

    What is the Women's Clothing Stores in Florida Industry?

    This industry is composed of establishments that specialize in women’s wear, including misses’, juniors’, plus-size and maternity clothing. Operators in this industry undertake sales and administrative activities, such as customer service, advertising and cash handling. Some stores also offer basic alteration services on-site.

    Industry Products
  • Tops
  • Bottoms
  • Dresses
  • Outerwear
  • Underwear
  • Industry Activities
  • Selling women's shirts, blouses and other tops
  • Selling women's pants and jeans
  • Selling skirts and dresses
  • Selling women's outerwear and suits
  • Selling maternity wear
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income in Florida
  • Households earning more than $100,000
  • commerce sales
  • Number of adults aged 20 to 64 in Florida

  • Current Performance
  • External competition
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Sunny spots
  • Online disruptors
  • Industry landscape
  • Table: Women's Clothing Stores in Florida Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Women's Clothing Stores in Florida Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Women's & Children's Apparel Wholesaling
  • Women’s, Girls’ and Infants’ Apparel Manufacturing

  • Products & Services
  • Tops
  • Bottoms
  • Dresses
  • Other
  • Outerwear
  • Underwear
  • Chart: Women's Clothing Stores in Florida Industry Products and Services Segmentation

  • Major Markets
  • Highest income quintile
  • Fourth income quintile
  • Second income quintile
  • Third income quintile
  • Lowest income quintile
  • Chart: Major Market Segmentation for the Women's Clothing Stores in Florida Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent, utilities and depreciation
  • Marketing
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Women's Clothing Stores in Florida

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Women's Clothing Stores in Florida Industry

  • Ascena Retail Group Inc., Chico's FAS Inc., New York & Company Inc., Sycamore Partners, Urban Outfitters Inc.,
  • Table: Ascena Retail Group Inc. - financial performance
  • Table: Chico's FAS Inc. - financial performance
  • Table: New York & Company Inc. - financial performance
  • Table: Sycamore Partners - financial performance
  • Table: Urban Outfitters Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Women's Clothing Stores in Florida Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Women's Clothing Stores in Florida Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Consumer spending (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Baby Boomers
  • The demographic of Americans born between 1946 and 1964, accounting for a major proportion of the population.
  • Brick-And-Mortar
  • A store that has a physical presence and location, as opposed to an online retailer.
  • Comparable Store Sales
  • A retail measure used to assess the true performance of retail outlets by taking out the effect of new store openings and only looking at sales growth of existing stores.
  • E-Tailer
  • A retailer that primarily sells goods and services via the internet. Many of these companies do not have brick-and-mortar locations.
  • Fast Fashion
  • Clothing collections based on the most recent runway shows.
  • Generation X
  • The demographic of Americans born roughly between 1960 and 1980, who follow the baby-boomer generation.
  • Generation Y
  • The demographic of Americans born from 1980 through the 1990s, who are born to baby boomers and follow Generation X.
  • Lookbook
  • A collection of photographs that showcase a fashion line for a specific season.
  • Misses
  • A retail clothing segment targeted at fashion-conscious teen girls with relatively high levels of disposable income.
  • Radio Frequency Identification (Rfid)
  • A technology that tracks products from the time they leave the assembly line to the time they leave the store by releasing continuous signals from a chip.
  • What Our Customers Say

    Why buy this report?

    The Women's Clothing Stores in Florida industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

    IBISWorld industry market research reports enable you to:
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    • Identify threats and opportunities
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    This report on Women's Clothing Stores in Florida:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Women's Clothing Stores in Florida market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Women's Clothing Stores in Florida, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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