Industry Analysis & Industry Trends
Industry operators retail specialized collections of clothing, bridal wear, costumes, lingerie, swimwear and uniforms. Over the current five-year period, 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 next five years 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 - Starting a New Business Chapter
This industry has low barriers to entry. The start-up costs associated with a small operation are minimal and only require leasing of a space and links with some domestic wholesalers to supply industry items. Technological change in this industry is low and is barely applicable to new entrants that wish to start operating on a small scale. Starting up a new operation does not require any licensing from the government or other regulatory bodies unless the operators wish to work in niche markets such as mastectomy bras and breast prosthesis, making it relatively simple and easy for new entrants to set up shop.
However, operating on a large scale in this industry and becoming a mainstream brand does have some barriers to entry... purchase to read more