Industry Analysis & Industry Trends
The British economy has struggled over the past five years as the onset of the financial crisis severely affected consumer and business confidence as financial markets became turbulent. The retail sector struggled as a result, particularly as conditions were exacerbated by tumultuous conditions across the eurozone. The British retail sector struggled as a result, however, the Online Women's Clothing Sales industry grew rapidly as online shopping became increasingly popular with consumers. There has been significant increase in the adoption of information technology over the past five years and this has translated into consumers turning to online shopping to purchase clothing... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry's three largest players are expected to account for approximately 16% of industry revenue. This is indicative of an industry with a low level of concentration, yet the vast number of operators indicates a high level of competition. In 2012-13, IBISWorld expects the number of industry establishments will rise by 11.6%.
The growth exhibited by the industry over the past five years indicates that market share concentration will likely begin to change and more formidable players will emerge. As with any industry, there will be some niche areas such as maternity, plus size and petite product offerings. Technology is also expected to play a role in creating a point of difference... purchase to read more