Jan 17, 2025 | Business Valuation, Buying a Business, Clothing Store
In the US, men’s and women’s clothing stores are lucrative businesses. According to IBIS World, in 2024, the clothing store industry generated about $94 billion in revenue. It can be exciting to invest in a popular industry. Nonetheless, when buying a...Read More »
Jun 17, 2021 | Business Valuation, Clothing Store, Value Drivers
With increased disposable income, Americans are spending more money. Hence, the clothing industry is growing particularly for online clothing stores and boutiques. For brick-and-mortar stores, while the industry is growing, in-person shopping is declining. This can be...Read More »
May 18, 2021 | Business Appraisal, Business Valuation, Clothing Store
In the recent economic condition, the retail clothing store industry saw a dramatic impact. Many clothing stores struggled to maintain revenue levels. This is due to consumers shopping less and spending less of their discretionary income on clothes. The pandemic...Read More »