On sale: Growing internet usage is benefiting the industry as online shopping becomes increasingly popular
The Online Men's Clothing Sales industry, which consists of operators selling men's apparel and accessories, excluding footwear, via e-commerce, has experienced rapid growth over the past five years. Revenue has surged due to favorable economic conditions such as higher discretionary income and low unemployment rates, contributing to a boost in discretionary spending. As a result, revenue for online men's clothing companies is expected to grow at a 9.3% CAGR to $21.2 billion over the five years to 2023, with a 1.8% decrease in 2023 alone, when profit is expected to hit 6.9% of revenue.
This industry retails men’s clothing through the internet. This includes online-only retailers as well as brick-and-mortar stores that have an online presence, but excludes the sale of men’s footwear.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amazon.Com Inc.
- Macy's Inc.
- Gap Inc.
- Kohl’s Corp
- Nordstrom Inc.
Methodology
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