Industry Analysis & Industry Trends
Over the five years through 2013-14, revenue for the Clothing Wholesaling industry is expected to decline at an annualised 0.5% to reach $9.0 billion, capped off by a 0.6% decline in 2013-14. As the global reach of many clothing companies increases, wholesale bypass is becoming increasingly prevalent. Low-cost producers in countries such as China and Vietnam are becoming more accessible to retailers, selling products directly to retailers and bypassing wholesalers in the process. The Clothing Wholesaling industry's weak performance can also be attributed to low underlying demand from the retail sector. The rise of online clothing stores has undermined demand for products sold through retail channels, which has undercut retailers' demand for products sold by wholesalers... purchase to read more
Industry Report - Industry Analysis Chapter
Results for clothing wholesalers have been mixed over the past five years, as economic conditions have provided a challenging environment and changing consumer behaviour has meant the industry has had to fight to maintain relevance in the retail sector. Over the five years through 2013-14, industry revenue is expected to contract by an annualised 0.5% to $9.0 billion. Revenue is forecast to decline by 0.6% over 2013-14.
Wholesale bypass and the growing trend towards online shopping are causing the industry considerable grief, especially in light of the struggling retail sector. The Clothing Retailing industry has contracted at an annualised 0.9% over the past five years, as consumer and business confidence weakened in the wake of the global financial crisis... purchase to read more