Apparel Industry

2215 Words5 Pages
bulb-icon

Recommended: textile industry and impact on the environment

Apparel Industry

INDUSTRY: APPAREL RETAILERS

INTRODUCTION

Retailers in the apparel industry are primarily engaged in the distribution, merchandising, and sale of men's, women's, and/or children's clothing to consumers. Apparel retailers include department stores, mass merchandisers, specialty stores, national chains, discount and off-price stores, outlets, and mail-order companies. A relatively new development is the rise of electronic forms of retailing such as interactive TV and on-line shopping services. Some retailers who sell their own private labels go beyond their traditional role as distributors and become directly involved in the design and production of garments from manufacturers and contractors.

SIC CODES RELATED TO THIS INDUSTRY

SIC Code Industry Name

5136 Men's and boys' clothing

5137 Women's and children's clothing

5611 Men's & boys' clothing stores

5621 Women's clothing stores

5632 Women's accessory & specialty stores

5641 Children's and infants' wear stores

5651 Family clothing stores

5699 Misc. apparel & accessory stores

INDUSTRY CHARACTERISTICS

Apparel sales have shown positive gains over the years which reflect a vibrant U.S. economy and increasing incomes. All apparel retailing industry sectors are heavily dependent on consumer spending. Since, consumer spending represents two-thirds of the U.S. economy these retailers become extremely vulnerable to wide economic swings. These retailers must do a good job of managing their inventory levels, personnel needs, and style/fashion trends to ensure they will not lose their consumers business during up and down periods. That is why many major apparel retailers such as The Gap, and Wal-Mart can have 20 percent...

... middle of paper ...

...pliance.

Bibliography:

SOURCES

"Faster Fast Food." Morning Edition, July 10, 2000.

"May I Take Your Order? IBM Drives New Technology for the Drive Through Window." Business Wire. November 6, 2000. www.office.com

"FYI: Glimpse Into the Future." Star Tribune. May 15, 2000.

"Charging Fast Food." June 10, 1999. www.cardweb.com/cardtrak/news/1999/june

"A Push to Agree on a Drive-Through Future." By Amy Zuckerman. February 20, 2000. www.ettm.com/news/future_agree.html

"An Efficiency Drive: Fast Food Lanes are Getting Even Faster." Wall Street Journal, May 18, 2000.

"Irvine, Cali-Based Taco Bell Ranks Fifth in Drive-Through Ratings." Orange County Register, January 19, 1999.

"Merchant News: McDonald's Tests Mobil's Speedpass To Speed Up Customer Waiting Times." ATM and Debit News, October 26, 2000.

Show More
Related

  • Kohl's Marketing Environments: The Macro Environment

    1628 Words  | 4 Pages

    This nationally recognized mass merchandiser that stood as Kohl’s other leading adversary in the market has everyday low prices that were able to compete with Kohl’s promotional events. Wal-Mart also outdid their competition when it came to number of store locations around the country. The weaknesses of this reputable company come to light when shoppers are looking to buy clothes and are not presented with nearly the selection that the department store can offer. Also, their service is not considered to be as helpful as the department stores that can input more expertise when trying on

    Read More

  • Analysis of JNY and LIZ Financial Data

    2618 Words  | 6 Pages

    One look at the common-size income statements for these companies can tell a story. While Jones Apparel Group was lagging at year ended 1998, even with a restructuring charge on Liz Claiborne’s income statement, 1999 was a different story. Huge growth at Jones lead to revenues double of that one year ago while Liz, while increasing, was quickly falling behind. The growth for both of these companies continued into the year ended 2000, but Jones Apparel Group’s results were brilliant compared to Liz Claiborne’s. One billion dollar growth in revenues as well as higher net income is making Jones Apparel Group the company of the future.

    Read More

  • Kohl's Target Case Study

    1343 Words  | 3 Pages

    With the recent (and seemingly unstoppable) decline of JC Penney and Sears, much internet ink has been spilled lamenting the decline of these companies, while little analysis has been done exploring which retailers, brands, and stores can best profit from this massive outflow of JCPenny’s and Sears’ traditionally-loyal customers. The most obvious contender in this market share version of jump-ball? Kohl’s Corp. After all, Kohl 's, the 4th largest department store in the country, is where we, the consumer, are to “expect great things.” And as a company operating “1,146 stores in 49 states” with a stated “focus on providing excellent value to customers through offering moderately priced, exclusive and national brand apparel”, Kohl 's operates

    Read More

  • Specialty Retail Industry

    1805 Words  | 4 Pages

    Industry Overview Some 400,000 specialty retail stores operate in the US with combined annual sales of $350 billion. CAGR 2002-06: 5%. Market is dominated by large players like Best Buy, Toys “R” Us, Gap, Sports Authority, etc. The market size of some major product categories.

    Read More

  • Fast Food Nation by Eric Schlosser

    942 Words  | 2 Pages

    Researchers at the University of Stony Brook comment on America’s susceptibility to becoming a “fast food nation:” “In a society that functions at a high speed, fast food has quickly been adopted as the preferred food of choice” ("Stony Brook University- The Heart Links Project"). However, they later go on to note that ...

    Read More

  • Locavore's Dilemma Argument

    1030 Words  | 3 Pages

    So is going through the drive thru of your favorite fast restaurant really cheaper than making a meal at home for your family? In today’s time it has become more relevant to get what is more convenient and cheapest regarding to food. People are less concerned with the health benefits, whether that means going by McDonalds for dinner than making a home cooked meal or eating junk food than healthy alternative snack. People are doing what seems to be the most convenient and inexpensive route, but the problem is that Americans lack knowledge regarding junk food and real food which is interfering with their health. High amounts of processed foods are being consumed by Americans because they are tight budgeted

    Read More

  • Case Study Zara It For Fast Fashion

    1420 Words  | 3 Pages

    This report will discuss the apparel industry with regard to the business models that the players are employing to beat competition, which is growing every day. Of particular interest to this report is Zara’s position in the industry and its business model. Some of the competitive advantages that Zara has managed to attain that are making it edge the competitors are addressed. The possibilities of Zara’s model being a disruptive model are also explored. At the end of the article, conclusions are drawn from the issues discussed.

    Read More

  • Epidemic upon America’s Youth: Installing Fast-food Outlets in High Schools

    532 Words  | 2 Pages

    Ruskin, Gary. "The Fast Food Trap." Mothering No. 121. Nov./Dec. 2003: 34-44. SIRS Issues Researcher. Web. 15 Jan. 2014.

    Read More

  • An Analysis of Eric Schlosser's Fast Food Nation

    1150 Words  | 3 Pages

    The New York Times bestseller Fast Food Nation: The Dark Side of the All-American Meal is one of the most riveting books to come out about fast food restaurants to date (Schlosser, 2004). Fast food consumption has become a way of life for many in the United States as well as many other countries in the world. The author Eric Schlosser an investigative reporter whose impeccable researching and bold interviewing captures the true essence of the immense impact that fast food restaurants are having in America (2004). Beginning with McDonald’s, the first fast food restaurant, which opened on April 15, 1955 in Des Plaines, Illinois to current trends of making fast food a global realization McDonald’s has paved the way for many fast food restaurants following the same basic ideal that is tasty foods served fast at a minimal cost (2011). Schlosser explains how fast food restaurants have gained substantial market share of the consumers; he also shows that by marketing to children and offering less unhealthful fare, that are purchased from mega-companies which are often camouflaged with added ingredients and cooked unhealthful ways, that these companies are indeed causing irreparable harm to our country (2004).

    Read More

  • under armour

    1197 Words  | 3 Pages

    2008 is the year of economic recession in the United States 7.9 million people lost their jobs in the United States (Isidore, 2010) so the demands for purchasing apparel and sports items have decreased much like any other c...

    Read More

  • Fast Food Industry

    718 Words  | 2 Pages

    It is not a surprise that fast food has become a way of life in America. Every day about a quarter of the adult population n United States visits the fast food restaurant. Every month about 90 percent of children aged 3-9 visit McDonald's. According to Schlosser, Americans spent more than $110 billion a year on the fast food. In his book "Fast Food Nation" Eric Schlosser is not chiefly interested in the consumption of fast food, but his primary objective is to explore manufacturing starting with the unemployment. His book deals with United States politics and raises many social issues.

    Read More

  • Junk Food Is Better Than Fast Food Essay

    1175 Words  | 3 Pages

    So is going through the drive thru of your favorite fast food restaurant really cheaper than making a meal at home for your family? In today’s time it has become more relevant to get what is more convenient and cheapest regarding to food. People are less concerned with the health benefits, whether that means going by McDonalds for dinner than making a home cooked meal or eating junk food than a healthy alternative snack. People are doing what seems to be the most convenient and inexpensive route, but the problem is that Americans lack knowledge regarding junk food and real food which is interfering with their health. High amounts of processed foods are being consumed by Americans because they are tight budgeted and don’t have the time to cook

    Read More

  • The Garment Industry

    1594 Words  | 4 Pages

    Globalization is basically about attempting to make things global and expanding products and companies over seas to countries all around the world. It can also be classified as the process of creating languages, services, and products that apply not just to an individual neighborhood or city or country, but to the whole world. Canadians have experienced many benefits that globalization has brought to their lives including the availability to products and services from all around the world. However, at the same time on the other side of the world it has had many pessimistic or negative effects on workers in developing countries. As Globalization began to boom, the number of sweatshops also increased greatly and its effects were most definitely harming in many ways to the individuals employed by them; mainly women and children. Out of all the industries that have become globalized, the textile and garment industries are amongst the most. Mutually the textile and garment industries make up one of the largest sources of industrial employment in the world. In virtually every country around the world clothing is being produced but being sold somewhere else. Around 30 million people are making clothes and textiles around the globe and out of those thirty million, most of them are women. Around the world women and children are suffering because of the introduction of sweatshops, low wages, unsafe working environments, free trade zones, foreign control, sub contracting and abuses of human and worker rights.

    Read More

  • How the Internet Has Changed our Shopping Habits

    3113 Words  | 7 Pages

    The Internet is currently the third most shopped channel; brands are pushed to keep up with the trend of building an online shopping option for their consumers and this is evident through the increase in retailers offering online options for their consumers (Valerio). With solely digital stores like Net-A-Porter, Amazon and eBay, competition among digital stores and physical stores are tight. Retailers are pushed to keep up with the rise of digital shopping whether they want to or not. There are several retail implications with the rise of digital shopping, retailers are turning to multi-channel retai...

    Read More

  • The Difference Between Junk Food And Fast Food

    2232 Words  | 5 Pages

    Burgers, fries, hot dogs, fried chicken and a nice icy milkshake on the side all under 10 dollars! You may be thinking “wow! what a bargain” or something like “all that for only 10 dollars or under?” Of course, when americans hear or see advertisements like that they will head right to the nearest fast food restaurant and order them a nice filling meal. Ever think something is wrong there? Maybe the reason the price is so low, is because the quality is very cheap and bad. Over the years fast food’s quality has gone down hill very much. What if I could tell you after you read this paper you may never purchase fast food again?

    Read More

More about Apparel Industry

Open Document