Retail Industry
Industry: Email Alert RSS FeedNPD: MEN'S BACK ON TRACK IN '04; APPAREL RESUMES GROWTH IN 2004, AND TAILORED CLOTHING LEADS MEN'S WEAR TO PACESETTING INCREASE.(Brief Article)
Daily News Record, February, 2005 by Pallay, Jessica
Byline: Jessica Pallay
NEW YORK -- Men's apparel sales were up more than 5 percent in 2004, according to a recently released report from the Port Washington, N.Y.-based market research firm NPD Group.
Fueled by tailored clothing, which showed a 24 percent increase from the prior year, men's apparel sales in 2004 totaled $49.4 billion. Other men's apparel categories that saw significant increases from 2003 were fleecewear, growing by 12 percent; sleepwear, up 11 percent; and swimwear and underwear, both of which rose 7 percent.
Men's apparel sales for 2004 accounted for nearly 30 percent of the year's total apparel sales of $173 billion. Men's apparel led the industry in growth, but sales in women's apparel also grew, reaching $95...
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