The clothing segment is one of the most popular product categories in the retail industry. The segment offers a variety of apparel for different age groups and includes menswear, womenswear and kid’s wear.
In the US, attire is influenced by several factors, including geographic area and event type, and demographic elements such as ethnicity.
The US is among the countries that are popular for fashion. New York and Los Angeles remain the most popular cities for the fashion industry globally. The US clothing market includes the popular western trends in the fashion industry.
The clothing segment in the US reached $353 billion in 2021, registering growth of 31% over that in the previous year. The segment grew owing to the growth in the retail product categories, following the recovery in demand in the post-COVID-19 pandemic period globally. Sales in brick-and-mortar stores and online stores increased as they resumed operations after being under restrictions for almost two years. Consumers also began spending more on lifestyle products such as clothing.
The clothing segment in the country grew at a CAGR of 1.2% during 2017–2021.
The major companies that have a strong presence in the clothing industry in the US include Nike and Gap Inc. A variety of brands such as Nike, Ralph Lauren, Gap, Old Navy, and Tommy Hilfiger also exert influence on the American fashion industry.
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