Wholesale Clothing News – Rise in Demand for Men’s Wear – Expected to Outperform Ladies’

NPD Group, Inc., a worldwide information
agency, is reporting that for the first time in several years, there’s a
greater demand for men’s wear, as compared to women’s clothing. The demand for men’s clothing has gone up from $57.8 billion in 2012 to $60.8 billion in 2013.
That’s a growth of 5%.

On the other hand, the demand for women’s
clothing has gone up by just about 4%. Of course, at $116.4 billion, women’s
clothing is still selling more. NPD is saying that all stores are benefitting
from this trend – both online and offline. All channels are reporting the gains

The best segments in men’s wear seem to be
socks, pants and outwear. They have all registered double-digit growths. Analysts
are saying that this trend is possibly because of the long stretch of cold
weather of recent times. It is believed that the cold weather has prompted the
sales to go up by about 12% in 2013. Another factor that has boosted the sales
is the changed perception of fashion among men. Innovation has also contributed
to this increase in sales.

Online purchases have benefitted particularly
from this change. Usually about 14% of men’s apparel sales come from online
stores. But online sales have gone up by about 19% over 2012, marking one of
the sharpest upswings. The stores are also very happy with the fact that the
average price of buys has gone up by 3% for men’s apparel. So not only are the
stores making more money, they are in fact now making more from each unit sale
as well.

The NPD Group surveyed 13 categories of men’s
apparel for this study, and found that sales grew in 12 of them last year. The
only category where the sales actually dropped was men’s tops. There has been a
2% decline here from 2012.

This presents a unique opportunity for you in
the wholesale liquidation business. Here
at FoxLiquidation.com, we have several wholesale lots for men’s clothing. Just
go through the closeout wholesale men’s clothing, men’s shirts and men’s
suits/coats categories. Browse through the wholesale
designer clothing pallet, look at the manifest carefully and select what
you like.

Remember, there’s a higher demand now for
men’s clothing, as indicated by the NPD Group’s research. Get your designer wholesale clothing cheap at
FoxLiquidation.com. You can get your merchandise at 70% to 90% cheaper than the
retail outlets. You are likely to sell them off quickly because of the
increased demand.

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