Womenswear stores have struggled with a challenging retail environment over the past five years, as weak consumer sentiment, subdued demand and intensifying competition have driven down revenue and profit margins. Over the five years through 2014-15, industry revenue is expected to contract by an annualised 2.0% to $5.0 billion. Instability in financial markets and widespread economic uncertainty during the period led to significant volatility in consumer sentiment levels. Consumers became more cautious, cutting down expenditure on discretionary items and preferring to save rather than spend.
Companies in this industry retail women’s clothing. This includes both specialist women’s clothing stores, and sales of women’s clothing by unisex specialist clothing retailers. The industry excludes department stores and online sales of womenswear.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.