Canada's Men's Wear Market Continues To Grow

Recently, Leisure Trends company, which belongs to NPD Group global market research organization, released the research report. The report points out that the Canadian Department Store Men's wear Sales grew steadily.

Last year, sales of clothing for 20~35 year old male consumers increased by 64% in Canadian Department stores, the most widely distributed product category in last year's sales channels.

Data show that all kinds of Canadian channel Men's clothing sales increased by more than 18%. Therefore, many garment retailers are considering shifting their focus from the gradually saturated women's clothing market to the men's market.

The report points out that Canada The women's wear market has been saturated. In 2013, sales volume reached 13 billion 500 million US dollars, and the men's wear market continued to introduce more and more new products.

NPD Group fashion analyst Sandy Silva said this is an exciting news for retailers, because most of the fashion products have only attracted women's attention for decades, and men are more interested in fashion now. At present, there are more clothing products for men in the market, such as accessories, body sculpting underwear, and so on.

The report concludes that the Canadian men's wear market will continue to show an increasing trend. This is not a flash in the pan. Canada's male fashion industry will grow significantly in the next few years.

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Recently, Japan has seen a drop in consumption after raising the consumption tax rate in April 1st, but it is still within the expected range.

Sales of some large stores in the early part of the tax increase dropped by about 20% compared to the same period last year, and the current decline has shrunk to about 10%. Some supermarket sales of life necessities began to grow year-on-year.

According to a survey by the Japan economic news agency, 8 of retail enterprises believe that the sales situation of the whole industry will be fully restored by June. According to the sales data of large retail stores in April, the three Yue Yi Dan and Osaka Osaka decreased by 7.9% compared with the same period last year, and the 3 companies such as SOGO and Sai Wu decreased by nearly 10% compared with the same period last year.

Although the sales of high volume goods decreased by nearly 40% compared with the same period last year, sales of women's clothing and other commodities began to improve at the end of April. Due to the improvement of the employment environment and the increase of wages, the number of customers in stores has increased significantly.