Delivered November 25, 2020. Contributor: Edgar M.
To understand the global fashion retail industry with a focus on the United States market, including statistics of retailers by type, revenue, the total addressable market (TAM), and the demographic profile of consumers.
According to Statista, "global retail sales of apparel and footwear reached $1.9 trillion" in 2019.
In 2019, the US apparel market was estimated to be $368 billion.
Digital Commerce estimates that "online apparel sales accounted for 38.6% of total U.S. apparel sales in 2019 and 100% of the growth in retail clothing sales."
Statista estimates that sales from e-commerce for the apparel, footwear, and accessories industry to be $102.5 billion in 2019 and $110.6 billion in 2020.
Number of Stores
According to Dun & Bradstreet, there about 95,000 clothing establishments in the United States.
The number of women's Clothing Stores in the United States is estimated to be 34,786.
Summary of Findings
We used this initial hour of research to assess the availability of the information and provide statistics of revenue and the number of stores.
Only the project owner can select the next research path.