The essay provides the information about How many Fashion/Clothing retailers are located in the US. Conducive research indicates that approximately 4.5 million stores are located in USA. The United States Labor of Department concludes that retail is comprised of about 40%…
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The essay "Online and Offline Clothing/Fashion retail sales" discovers How many Women, Men and Kid Fashion/Clothing retailers are located in the World and in the US. From the perspective of the industry, around 2 million stores of menswear are located in America. Stores such as JoS A. Bank, Menswear house and Express have gained the most share in their quest to thrive the market. Since older gentlemen need to wear corporate wear, these stores have the amazing ability to mesh style and creativity with corporate clothes. The revenue that has been accumulated from men’s clothing has been up to $8.8 billion, which shows that companies are still making sales in this recessive environment. Furthermore, the projected annual growth for menswear is unfortunately expected to go down by -2.6% due to heavy competitions that has erupted from the advent of e-commerce. With the international fashion industry booming and competing to attract customers through websites, the “brick and mortar” websites have struggled to attract customers. Since women fashion continues to be the focal point in US, research indicates that around 3.5 million stores accommodate for women shopping. Sales continue to progress for women’s clothing 6% annually as revenue has accumulated to $39 billion in revenue. The annual growth for this industry is 1.5% which continues to be slow but steady. With so many businesses competing, the women sector has become a pinnacle for style, price, and promotion. Stores such as Forever 21.
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“Online and Offline Clothing/Fashion Retail Sales Essay”, n.d. https://studentshare.org/business/1587260-online-and-offline-clothingfashion-retail-sales.
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