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Men's Clothing Stores in Canada - Industry Market Research Report

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    Report

  • 40 Pages
  • September 2022
  • Region: Canada
  • IBISWorld
  • ID: 4062248

Snug fit: Increasing external competition will likely offset any profit increases for the industry

The Men's Clothing Stores industry in Canada comprises retail stores that sell exclusively men's apparel and footwear. Services may also include basic alterations, such as hemming, taking in or letting out seams and lengthening or shortening sleeves. Over the five years to 2019, operators in the industry have had to contend with mounting external competition. While the economy has grown in recent years, rising price competition from online retailers has exacerbated bargain-seeking consumer trends that have persisted since the economic downturn. In response, many operators resorted to offering customers promotions and discounts to bear the burden, forcing many smaller companies to exit the industry. Over the five years to 2024, industry operators will benefit from increasing disposable income levels. Nonetheless, industry operators will likely experience an increase in external competition over the next five years, as international clothing retailers will muscle in on the Canadian retail market.

Operators in the Men’s Clothing Stores industry in Canada retail a general line of new men’s and boys’ suits, formal wear, shirts, T-shirts, casual slacks, jeans, sport coats, blazers, sports apparel, sweaters, overcoats, raincoats and accessories. Services may also include basic alterations, such as hemming, taking in or letting out seams and lengthening or shortening sleeves.

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 key players and their market shares.


Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Moores Clothing for Men
  • Harry Rosen Inc.

Methodology

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