Threadbare: Competition from online retailers has worn away industry revenue

The Womenswear Stores industry has struggled with largely negative consumer sentiment, subdued demand and intensifying competition over the past five years. Industry revenue is expected to decline by an annualised 1.3% over the five years through 2018-19, to total $4.9 billion. Declines in household discretionary income during the period have led to largely negative consumer sentiment. Consumers have become more cautious, cutting expenditure on discretionary items and saving rather than spending. This trend has continued throughout much of the five-year period, as consumers have remained nervous about global economic conditions. Although disposable income is expected to increase, household discretionary income is anticipated to decline in the current year, contributing to a 0.4%...read more.

Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 14-19
-1.3%
Forecast Growth 19-24
Profit
Employment
25,003
Businesses
3,783

Industry Threats & Opportunities

  • The industry faces intensifying competition from online retailers and department stores
  • Merger and acquisition activity in the industry has increased over the past five years
  • Retailers are forecast to continue focusing on supply-side efficiencies and inventory management
  • Industry Report - Industry Products Chapter

    Industry retailers stock a variety of clothing for women, including dresses, pants, skirts, tops, coats and underwear. As many corporate offices relax their dress codes in line with increasingly flexible workplace conditions, womenswear stores have increasingly offered an alternative mix of casual clothing to meet shifting demand.T-shirts, shirts and blousesRepresenting an estimated 23.9% of revenue in 2018-19, t-shirts, shirts and blouses make up an important industry segment. Most women own more tops than dresses, pants or other items of clothing. This is because products in this segment are typically less expensive, so consumers tend to buy them more frequently. T-s...purchase to read more.

    Additional Insights for the Womenswear Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Womenswear Stores Industry are

  • Production of goods currently favoured by the market
  • Ability to control stock on hand
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Consumer sentiment index and Real household disposable income in the Womenswear Stores industry impact industry performance..

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    What's in this report

    What is the Womenswear Stores Industry?

    Industry companies retail women’s clothing. Industry firms include specialist women’s clothing stores and unisex specialist clothing retailers that sell women’s clothes. The industry excludes department stores and online sales.

    Industry Products
  • Dresses and suits
  • Pants, jeans, shorts and skirts
  • T-shirts, shirts and blouses
  • Coats, jackets, cardigans and jumpers
  • Underwear and foundation garments
  • Other products
  • Industry Activities
  • Women's clothing retailing
  • Women's accessory retailing
  • Women's foundation garment retailing
  • Women's sports clothing retailing
  • Women's fur and leather clothing retailing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer sentiment index
  • Real household disposable income
  • Demand from department stores
  • Demand from online shopping
  • Female population aged 18 and older

  • Current Performance
  • Profit
  • Competition
  • Consolidation
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit growth
  • Intensifying competition
  • Further consolidation
  • Table: Womenswear Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Womenswear Stores Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Clothing Wholesaling
  • Retail Property Operators
  • Women's and Girls' Wear Manufacturing

  • Products & Services
  • T-shirts, shirts and blouses
  • Dresses and suits
  • Pants, jeans, shorts and skirts
  • Coats, jackets, cardigans and jumpers
  • Underwear and foundation garments
  • Other products
  • Chart: Womenswear Stores Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • People aged 35 to 54
  • People aged 15 to 34
  • People aged 55 and over
  • Chart: Major Market Segmentation for the Womenswear Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Womenswear Stores

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Womenswear Stores Industry

  • Industry Globalization
    Noni B Limited, Premier Investments Limited, ARJ Group Holdings Pty Ltd, Woolworths International (Australia) Pty Limited,
  • Table: Noni B Limited - financial performance
  • Table: Premier Investments Limited - financial performance
  • Table: ARJ Group Holdings Pty Ltd - financial performance
  • Table: Woolworths International (Australia) Pty Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Womenswear Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Womenswear Stores Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Bricks-And-Mortar
  • A store that has a physical presence and location, as opposed to an online retailer that operates through a website.
  • Fast Fashion
  • Fast fashion retailers typically take trends from runway shows and deliver them as new collections for mass consumption in a short time span, such as two weeks.
  • Point Of Sale (Pos)
  • Technology that incorporates a cash register with an electronic payment system to allow instantaneous transactions through one device.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Womenswear Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Womenswear Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Womenswear Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Womenswear Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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