Industry Analysis & Industry Trends
Sales of women's clothing is largely dependent on levels of disposable income. As the economy continues to gain momentum after the recession, disposable income will rise and support growth for the Women's Clothing Stores industry over the next five years. Additionally, the number of stores will grow, increasing competition in an already rather saturated market. This, coupled with competition from online sales, will further strain individual operators... purchase to read more
Industry Report - Industry Analysis Chapter
Apparel purchases, especially women's apparel, are largely made on a discretionary basis; consumers make these purchases out of necessity, but also to keep up with fashionable trends. Therefore, demand for the Women's Clothing Stores industry is closely tied to trends in disposable income and consumer sentiment. During the peak of the recession, consumer confidence dropped drastically due to the weakening global economy. Subsequently, per capita disposable income dipped as a result of a sharp increase in the national unemployment rate, and industry revenue declined as consumers tightened their budgets and cut clothing purchases.
As personal disposable income has rebounded at an annualized rate of 0.4%, industry revenue has climbed out of its five-year low... purchase to read more