Off the rack: Rising external competition will cause industry revenue to decline

The market for the Women's Clothing Stores industry is changing. Due to declining mall traffic and competition from thriving superstore retailers, industry revenue is expected to fall over the five years to 2017. Despite the industry's overall decline, rising disposable income and consumer sentiment are expected to boost some specialty and high-end retailers. By definition, this industry only accounts for clothing stores that specialize in women's clothing, which excludes many popular family and unisex retailers that also carry women's clothing, usually at lower prices. Over the five years to 2022, industry revenue is expected to decline...purchase to read more.

Industry Statistics & Market Size
Revenue
$42bn
Annual Growth 12-17
-1.9%
Forecast Growth 17-22
Profit
Employment
349,349
Businesses
59,937
Market Share of Companies

Industry Threats & Opportunities

  • Due to declining mall traffic and external competition, industry revenue is expected to fall
  • Many lower-priced brands struggled to compete, hampering profit margins
  • Stores with a niche or specialty offering are expected to grow rapidly
  • Industry Report - Starting a New Business Chapter

    The capital costs associated with establishing a women's clothing store are relatively low. The only real barriers to entry in the Women's Clothing Stores industry relate to brand awareness and competition. The long-term process of establishing a solid 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 in 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 Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Women's Clothing Stores 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 and Households earning more than $100,000 in the Women's Clothing Stores industry impact industry performance..

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    What's in this report

    What is the Women's Clothing Stores 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
  • Other apparel and accessories
  • Underwear
  • Outerwear
  • Dresses
  • Bottoms
  • Tops
  • 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
  • Households earning more than $100,000
  • External competition for the Women's Clothing Stores industry
  • Number of adults aged 20 to 64

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

  • Industry Outlook
  • Specialty growth
  • Online disruptors
  • Industry landscape
  • Table: Women's Clothing Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Women's Clothing Stores 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
  • Other apparel and accessories
  • Dresses
  • Outerwear
  • Underwear
  • Chart: Women's Clothing Stores Industry Products and Services Segmentation

  • Demand Determinants
  • Consumer traits
  • Fashion

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

  • International Trade
    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

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Women's Clothing Stores Industry

  • Industry Globalization
    Ascena Retail Group Inc.,
  • Table: Ascena Retail Group Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Women's Clothing Stores 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 Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (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
    Table: Industry Financial Ratios
    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 studying 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 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?

    IBISWorld’s industry research report on Women's Clothing Stores can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Women's Clothing Stores:
    • 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 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, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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