Industry Analysis & Industry Trends
The Lingerie Stores industry has strengthened after poor growth during the years immediately following the global financial crisis. During these years, expenditure on lingerie fell as consumers increased their level of savings. Some of the industry's products, such as bras and underpants, are considered necessities. Consumers do not cease purchasing these items during economic downturns, but they switch to inexpensive basic lingerie items. This reduces industry revenue as consumers begin shopping at large discounted retailers, mass merchandisers and online sites rather than in specialist lingerie stores. Revenue declined by 1.5% over 2010-11 and grew by a weak 0.4% over 2011-12 as a result. However, as the economy picked up, consumers returned to specialist lingerie stores... purchase to read more
Industry Report - Industry Locations Chapter
Similar to other retail industries, the distribution of industry establishments is closely correlated with population patterns. About 59% of lingerie stores are located in Victoria and New South Wales. These states account for about 57.1% of the population. On the other hand, Tasmania represents 2.3% of the total population, with approximately 2.2% of establishments located in this state.
Average income will affect the number of lingerie stores in each state. In Victoria and New South Wales, average incomes are slightly higher than other states, therefore resulting in a greater variety of industry establishments in these areas... purchase to read more