Volatile economic drivers, including per capita disposable income, consumer confidence and spending, have contributed to the industry's volatility through the period. Businesses closed during the pandemic, causing revenue to plummet more than 15.0% in 2020. Even so, revenue will expand at a forecast CAGR of 0.2% to $23.2 billion through 2023, despite a 1.1% drop in 2023, particularly as consumer confidence wanes and unemployment rates climb. Operators participating in the Family Clothing Stores industry in Canada specialize in retailing new clothing for men, women and children, without specializing in sales for an individual gender or age group. These operators may also provide, but not focus in, basic alterations, such as hemming, taking in or letting out seams and lengthening or shortening sleeves. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Dressed to impress: The industry will rebound as the economy slowly recovers
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- The Gap Inc.
- PVH Corp.
- TJX Companies Inc.
Methodology
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