Industry Analysis & Industry Trends
Lingerie stores have endured a tough retail economy over the past five years. Expenditure on lingerie fell in the years immediately following the global financial crisis, due to a decline in consumer sentiment and higher savings rates. While consumers continued to demand and require necessities such as bras and underpants, preferences shifted towards affordable basic lingerie items over more expensive and luxurious high-end products. The subsequent change in consumer buying patterns led to a reduction in industry revenue as consumers began shopping at large discount retailers, mass merchandisers and online sites rather than in specialist lingerie stores. A... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of establishments within the industry is relative to each region's total population share. Combined, New South Wales, Victoria and Queensland account for 79.5% of industry establishments, supported to a large extent by the population distribution in these states (which totalled 77.0% in 2013). On the other hand, smaller states such as Tasmania and the Northern Territory account for a considerably smaller share of national population and as a result, have a lower count of industry establishments.
Most lingerie stores are located in densely populated areas and operate within shopping centres or strips where there is a high level of consumer traffic. Over the past five years, the industry has exhibited an increase in the launch of boutique lingerie stores... purchase to read more