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Men's Clothing Stores in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Men's Clothing Stores in Canada Market Research Report | NAICS 44811CA | May 2016

Wrinkled suit: Online sales will siphon demand from industry operators

IBISWorld’s Men's Clothing Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
1.2%
Annual Growth 16-21
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Profit
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Employment
15,559
Businesses
938
Industry Analysis & Industry Trends

High unemployment and falling disposable income levels prompted many consumers to scale back discretionary spending during the recession. Consequently, men's clothing stores experienced declining demand and many operators resorted to promotional and discount activity to bear the burden. Although the industry is forecast to improve over the five years to 2021, especially as operators strive to increase operational efficiency and cater to niche markets, the industry will experience an increase in external competition as international clothing retailers muscle in on the Canadian retail market... purchase to read more

Industry Report - Industry Investment Chapter

Companies operating in the Men's Clothing Stores industry are subject to higher labour costs than capital expenditure, a trend characteristic of the retail sector in general. Employees are required for merchandising, customer service and to process sales transactions. Meanwhile, capital expenditure consists of cash registers and display shelves. The cost of such expenditures has remained relatively steady over the past five years. For every dollar spent on labour, the typical operators spend $0.07 on capital investments, therefore exhibiting a low level of revenue volatility.

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Industry ProductsRelated ReportsTable of Contents

What is the Men's Clothing Stores Industry?

This industry retails a general line of new men’s and boys’ suits, formal wear, shirts, T-shirts, casual slacks, jeans, sport coats, blazers, sports apparel, sweaters, overcoats, raincoats and accessories. Services may also include basic alterations, such as hemming, taking in or letting out seams, and lengthening or shortening sleeves.

Industry Products
ClothingFootwearAccessories
 
Industry Activities
Men's and boys' clothing accessories retailingMen's and boys' undergarments retailing, including socks and undershirtsMen's and boys' leather clothing retailingMen's and boys' gloves retailingMen's and boys' fur clothing retailingAltering men's and boys' clothing


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