Industry Analysis & Industry Trends
Revenue and employment in the Family Clothing Stores industry dropped during the recession. With demand diminishing and profit margins (earnings before interest and tax) dropping during the economic downfall, operators had to cut costs. However, over the next five years, the industry is expected to recover, and revenue is expected to grow... purchase to read more
Industry Report - Industry Products Chapter
Participants in this industry carry products to clothe the entire family. These items can be broken down roughly into men's clothing, women's clothing and children's clothing.
Men & women
Women's clothing, accounting for about 60.0% of industry revenue, nearly doubles the share of men's apparel, which brings in about 30.0% of revenue. Women purchase a wider variety of items to suit different occasions. Formal wear includes pieces such as suits, blazers, tailored pants and coats; casual clothes include jeans, knit and woven shirts and shorts. Casual clothes are more widely worn since their acceptance is nearly universal, especially as office attire policies have become more lax over the past decade... purchase to read more