Advertise Here [468 W x 60 H pixels]
Talking Point | February 2017

Amazon targets big share of US apparel market

Amazon – a behemoth with global sales of $107 billion in 2015, more than 304 million active customer accounts and over 2,30,000 employees – is using its power to crack open a big share in the $254 billion apparel market in the US. Amazon has already reached a level where it can claim about 6.6 per cent of the market. That share is expected to increase to 8.2 per cent by next year and further expand to 16.2 per cent within five years as reported by CNN.

By 2021, Cowen Analysts expect Amazon to generate $62 billion in annual apparel sales. TJ Maxx is expected to be the No. 2 clothing seller, with $26 billion in sales, and Macy’s is expected to claim the No. 3 spot, with $23 billion in sales.

If this happens, it will change the contours of the global apparel scene causing a big realignment in the way apparel is sold. Amazon does not own any brick and mortar stores and only with its online sales if it is able to get close to the predicted figures, it will shake up the industry.

Amazon has been quitely launching its own brands . It has launched Seven brands recently. These brands cover different segments of clothing retail including Men, Women and Children clothing.

Most of the clothing from these brands are priced less than $100. Amazon has also started to shift its fashion strategy toward offering more high-end designer names such as Zac Posen and Stuart Weitzman, Fashion Talent, Sponsorships & more..

Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image


 
Advertise Here [728 W x 90 H pixels]
AB Carter India Pvt Ltd      AK Technofab      Associated Autotex Ancillaries Pvt Ltd      Basant Wire Industries Pvt Ltd      Bracker AG (Rieter)      C.Gheewala And Co.      DN Associates      Dynamic Autolooms India Pvt Ltd      Elgi Electric and Industries Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Graf (Rieter India)      HMSU Rollers (India) Pvt Ltd      Hyosung Corporation      IVR Carding Systems (I.V. Metalore Agencies)      Jacobi Machinery Pvt Ltd (Simta)      Jiangyin Guoguang Calender And Fibre Roller Co., Ltd      K Tex Engineering Services      K U Sodalamuthu and Co Pvt Ltd      Kinarivala Textile Machinery      Lakshmi Machine Works Ltd      Leuze Electronic Pvt Ltd      Loepfe Brothers Ltd (Masterline)      Luwa India Pvt Ltd      Marvel Gloves Industries / FAB Industries      Megastar Coolers Pvt ltd      Messe Frankfurt Trade Fairs India Pvt. Ltd.( Techtextiles Frankfurt Germany 2017)      Mohler Machine Works Pvt Ltd      Peass Industrial Engineers Pvt Ltd      Priyalaxmi Machinery Manufacturers      Rabatex Industries      Rieter India Pvt Ltd (Novibra)      Rieter India Pvt Ltd (Suessen)      Rieter India Pvt. Ltd (Comber)      Saurer Textile Solutions Pvt. Ltd      Savio Texcone Pvt Ltd      SMEW Textile Machinery Pvt Ltd      SRE Corporation      SSM Scharer Schweiter Mettler Ag      Uster Technologies AG      Vaari Textile Machine India Ltd      AB Carter India Pvt Ltd      AK Technofab      Associated Autotex Ancillaries Pvt Ltd      Basant Wire Industries Pvt Ltd      Bracker AG (Rieter)      C.Gheewala And Co.      DN Associates      Dynamic Autolooms India Pvt Ltd      Elgi Electric and Industries Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Graf (Rieter India)      HMSU Rollers (India) Pvt Ltd      Hyosung Corporation      IVR Carding Systems (I.V. Metalore Agencies)      Jacobi Machinery Pvt Ltd (Simta)      Jiangyin Guoguang Calender And Fibre Roller Co., Ltd      K Tex Engineering Services      K U Sodalamuthu and Co Pvt Ltd      Kinarivala Textile Machinery      Lakshmi Machine Works Ltd      Leuze Electronic Pvt Ltd      Loepfe Brothers Ltd (Masterline)      Luwa India Pvt Ltd      Marvel Gloves Industries / FAB Industries      Megastar Coolers Pvt ltd      Messe Frankfurt Trade Fairs India Pvt. Ltd.( Techtextiles Frankfurt Germany 2017)      Mohler Machine Works Pvt Ltd      Peass Industrial Engineers Pvt Ltd      Priyalaxmi Machinery Manufacturers      Rabatex Industries      Rieter India Pvt Ltd (Novibra)      Rieter India Pvt Ltd (Suessen)      Rieter India Pvt. Ltd (Comber)      Saurer Textile Solutions Pvt. Ltd      Savio Texcone Pvt Ltd      SMEW Textile Machinery Pvt Ltd      SRE Corporation      SSM Scharer Schweiter Mettler Ag      Uster Technologies AG      Vaari Textile Machine India Ltd