About 15,000 Companies Manufacture Clothing in the US, with Combined Annual Revenue of about $30 Billion.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c35449) has announced the addition of Apparel Manufacture - Industry Profile to their offering. About 15,000 companies manufacture clothing in the US, with combined annual revenue of about $30 billion. While VF Corp., Levi Strauss
Levi Strauss, born Löb Strauß , and Warnaco are exceptions, most large companies in the industry have annual revenue under $1 billion. The industry is one of the most fragmented frag·ment n. 1. A small part broken off or detached. 2. An incomplete or isolated portion; a bit: overheard fragments of their conversation; extant fragments of an old manuscript. 3. in the US: the 20 largest companies hold only 30 percent of the market. Some plants in the industry have 500 workers and produce annual sales of $50 million, but most manufacturers operate a single plant with fewer than 50 employees and annual revenue under $5 million. The industry includes knitting knitting, construction of a fabric made of interlocking loops of yarn by means of needles. Knitting, allied in origin to weaving and to the netting and knotting of fishnets and snares, was apparently unknown in Europe before the 15th cent. mills, but most apparel is cut and sewn sewn v. A past participle of sew. sewn Verb a past participle of sew Adj. 1. . Demand is largely determined by consumer tastes and the comparative costs of manufacture in the US and overseas. The profitability of individual companies depends on operation efficiency and production volume. Small companies can compete effectively with large ones by specializing in a particular type of apparel manufacture. There are few economies of scale in manufacture, because of the high labor content of most apparel. Average annual revenue per production worker is about $125,000. Because of the different skills and equipment needed to produce different types of clothes, manufacturers usually specialize spe·cial·ize v. 1. To limit one's profession to a particular specialty or subject area for study, research, or treatment. 2. To adapt to a particular function or environment. in one type. The largest product segments are men's pants (20 percent of industry revenue); women's skirts and pants (15 percent); women's tops (15 percent); men's tops (12 percent) and dresses (10 percent) These easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. They synthesize To create a whole or complete unit from parts or components. See synthesis. information from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely. These industry reports will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. These industry reports are also essential for professional organizations that want make savvy, educated business decisions. Key topics covered include: --Industry Overview --Quarterly Industry Update --Business Challenges --Trends and Opportunities --Call Preparation Questions --Financial Information --Industry Forecast --Website and Media Links --Glossary of Acronyms Companies mentioned: --VF Corp --Levi Strauss Strauss (strous, Ger. shtrous), family of Viennese musicians. Johann Strauss, 1804–49, learned to play the violin against his parents' wishes. --Warnacon For more information visit http://www.researchandmarkets.com/reports/c35449 |
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