Impact of COVID 19 on the North American Apparel Market - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Impact of COVID 19 on North American Apparel Market" report has been added to ResearchAndMarkets.com's offering.

The apparel industry comprises sales of apparel by entities (organizations and sole traders) that manufacture apparel. The three main categories of apparel that include women's wear, men's wear, and kid's wear. Fashion shows across the region such as in Los Angeles and New York have made sure to garnish men's fashion with apt attention and publicity. In addition, fashion magazines such as GQ Magazine and D'Marge Magazine are significantly contributing to the growth of the men's apparel industry. Additionally, the women's wear market is influenced by continuous innovation in clothing trends, magazines dedicated to fashion statements, and celebrity endorsements. Apart from this, social media and celebrities are the major influencers of the apparel industry.

The North American apparel industry market generated significant value in 2018 with a remarkable CAGR for the last few years. North America, specifically the US is home to some of the major designer labels of the globe such as Ralph Lauren, Michael Kors, and Calvin Klein. Historically, several fashion trends have been led by the US such as the emergence of denim jeans by Levi Strauss, a San Francisco-based German merchant in the 1800s.

In addition, current trends such as athleisure and sportswear were popularized by Nike, an American company. In addition, growth in the e-commerce industry and supportive government regulations on the manufacturing of apparel and clothing drove the North American apparel industry. However, the recent outbreak of COVID-19 had a dual impact on the North American apparel industry and propelled major brands and design houses to close their doors and postpone upcoming runway shows. In addition, major events such as the CFDA Awards and the Met Gala have been postponed indefinitely. Moreover, the department store across the region have shut their doors.

Companies Mentioned

• Adidas AG
• Fila Holdings Corp.
• Hanesbrands Inc.
• NIKE, Inc.
• Puma SE
• PVH Corp.
• Ralph Lauren Corp.
• The TJX Companies, Inc.
• Under Armour, Inc.
• VF Corp.
  

The Report Covers

• Comprehensive research methodology of the North American Apparel Industry.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American Apparel Industry.
• Insights about market determinants that are stimulating North American Apparel Industry.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
  

Key Topics Covered:

1. Report Summary

• Research Methods and Tools
• Market Overview and Insights
• Scope of the Report
• Analyst Insight & Current Market Trends
• Key Findings
• Recommendations
• Conclusion
• Government support/Bailout Packages for the apparel industry
• Supply & Demand Analysis

2. Market Overview

• Historical market growth estimation in apparel industry excluding COVID-19 pandemic effect
• Deviations in the apparel industry growth rate due to COVID-19 pandemic

3. Segmentation By Apparel Type

• Men's Wear
• Women's Wear
• Kid's Wear

4. Segmentation By Distribution Channel

• Online Distribution Channel
• Offline Distribution Channel

5. Impact of COVID-19 on major economies

• United States
• Canada

6. Companies Studied

For more information about this report visit https://www.researchandmarkets.com/r/e4iczy