Industry Analysis & Industry Trends
Industry operators retail specialized collections of clothing, bridal wear, costumes, lingerie, swimwear and uniforms. Over the five years to 2015, the Lingerie, Swimwear and Bridal Stores industry experienced tough conditions. Industry operators primarily sell discretionary purchases, and spending on such items generally declines in periods of economic uncertainty, which is characteristic of the climate over the past five years. The industry is expected to perform much better over the five years to 2020, as per capita disposable income is expected to grow and the world price of cotton is expected to decline, which will reduce costs for industry operators... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
This industry is transitioning from a growth phase to a mature phase in its life cycle. IBISWorld expects this transition to be completed over the next five years. Over the 10 years to 2020, industry value added (IVA), which measures an industry's contribution to overall GDP, is expected to increase at an annualized rate of 2.8%, while Canada's GDP is expected to increase at an annualized rate of 2.2% over the same period. While this indicates that the industry is growing slightly as a percentage of GDP, its anticipated growth is closely following overall GDP growth in Canada, which is characteristic of a mature industry.
Furthermore, the industry is expected to consolidate in order to sustain profit margins and increase revenue... purchase to read more