Companies in this industry manufacture garments for men and boys made from purchased fabric and from fabric they produce themselves. Major companies include Hanesbrands, Levi Strauss, PVH, Ralph Lauren, VF Corporation (all based in the US), along with Hugo Boss (Germany) and Youngor Group (China).
COMPETITIVE LANDSCAPE
Demand is largely determined by consumer tastes and disposable income. The profitability of individual companies depends on efficient operations and the ability to secure contracts with clothing marketers. Small companies can compete effectively with large ones by specializing in a particular type of men's or boys' apparel manufacture. There are few economies of scale in manufacture, because of the high labor content of most apparel. The US industry is concentrated: the 50 largest companies generate about 80% of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products include tailored suits which account for about 35% of the industry's revenue, followed by workpants (about 15%), and sports and leisure wear (10%). Other products include nontailored coats, jackets, and vests, knit sport shirts, and work shirts.
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