>>
Home / Knowledge / News / Fashion / Men spend more on suits & tailored cloth, says Mintel report

Men spend more on suits & tailored cloth, says Mintel report

03
Feb '06
Market research agency Mintel International Group reports that men are embracing dressier styles by purchasing more suits and tailored clothes.

Influenced by the media and a rise in shopping options for men, this $47.9 billion market is expected to grow 10 percent by 2010. Dressier clothes are 'in.' Since 2003, sales of suits and tailored clothes have increased by nearly 30 percent.

"Suits are making a comeback," said Erin Fowler, analyst for Mintel Reports. "After a decade of substituting khakis for suits on Casual Fridays, men are now investing in more tailored clothing."

A focus on personal style is more common among younger men. Approximately 17 percent of Mintel's respondents between 18-24 said they buy clothes to "stand out from the crowd," a figure that compares to just 10 percent of the total respondent group.

Younger men are enjoying the distinguished novelty of suits and dress clothes, which drive the offerings at specialty men's clothing stores.

Sales figures show nearly a 10 percent increase in men's clothing sales at specialty stores since 2003. Today's male consumer is exposed to more information about men's fashion.

While television shows like Queer Eye for the Straight Guy led the way, print is also increasing vehicles for extending style information and advice to men. Conde Nast has launched two magazines targeting men with style news: Vogue for Men and Cargo.

Catalogs and magazines are the top two media channels male consumers use for fashion inspiration and advice, according to Mintel's exclusive research.


Must ReadView All

Pic: Dreamstime.com

Apparel/Garments | On 22nd Jan 2022

Dhaka, Berlin sign €20.15-mn pact to improve RMG workers conditions

Bangladesh and Germany have signed an agreement to support five...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

UKVFTA brings positive results to bilateral trade: Vietnamese ministry

The recently effective UK-Vietnam FTA has led to positive outcomes,...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

Cambodia approves new projects worth $1.9 bn, including 2 garment ones

The Council for the Development of Cambodia has approved 10 projects...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Global supply chain collapsed during the pandemic

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Ghatit Laheru,

Ghatit Laheru

When the 2001 tremblor wrecked the Kachchh region of Gujarat throwing many ...

Kriti Kanodia,

Kriti Kanodia

A TV show in 2012 where actor Sonam Kapoor customises her own pair of...

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

 Natacha Defeche, Edana

Natacha Defeche
Edana

Since 1971, EDANA, the International association serving the nonwovens and ...

Silke Brand-Kirsch, Glatfelter

Silke Brand-Kirsch
Glatfelter

Glatfelter is a leading global supplier of engineered materials. <b>Silke...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Rocky Star, Label - Rocky Star

Rocky Star
Label - Rocky Star

<b>Rocky Star,</b> an Indian designer known for his inspiration from the...

Kamal Khushlani, Mufti

Kamal Khushlani
Mufti

Based out of Mumbai, Mufti is a men’s clothing fashion brand. In an...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Amazon China
KIABI
Babyshop
Rayonese Textile Inc., Division de Culp Inc.
Gap International Sourcing Limited
Aramark Uniform ;& Career Apparel, LLC
Groz-Beckert East Asia LLP
G-Star Raw C.V.
Lifestyle
Sainsbury's Argos Asia Limited
Alison Hayes Romania
Gokaldas Exports Limited
The Top Form Brassiere Manufacturing Company Limited
Arvind Limited
The LYCRA Company Singapore  Pte. Ltd
Eastman Chemical Company
Tommy Hilfiger
Page Industries Limited (Bangalore)
Desigual - ABASIC, S.A.
Sportswear Company Spa
Lenzing Aktiengesellschaft
MAS Active / MAS Kreeda / MAS Bodyline
Esprit Europe Services GmbH
Varner AS Retail
BIANCA
Sateri (Jiujiang) Fiber Co.,Ltd
Lisa S.P.A.
Hela Clothing Pvt Ltd
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Grasim Industries Limited
Etam Group Strategy Hong Kong Limited
SHAHI Exports Pvt Ltd
Sportmaster Ltd.
Asos
Seasalt Limited
Gatsby Africa
Vianney Textil Hogar S.A. De C.V.
NITI Aayog
Chori Company Limited
Alix Partners
Aquarelle Clothing Limited
Vardhman Textile Ltd
Green Fibre
Lululemon Athletica Inc
Tchibo GmbH
Gloria Jeans
Reiter India Private Limited
Walmart
H;&M Hennes ;& Mauritz (Far East) Ltd
Lacoste (Wanchai)
Calvin Klein
LC Waikiki
C;&A Sourcing International Ltd
Target Corporation (MN)
Helly Hansen Far East Ltd
John Varvatos
International Textile Manufacturers Federation
Boardriders Asia Sourcing Limited
Rosset ;& Cia Limited
Chico’ FAS
T.T. Limited
Maceton Limited
J ;& P Coats
PVH Corporation
Benetton Group
Permoda(Koaj/Armi/Pronto/Bkul)
Guess Europe Sagl,
OVS Hong Kong Sourcing Ltd.
Midas Clothing Limited
Abit
Bluestem Global Sourcing Limited
IDH – The Sustainable Trade Initiative
SYNERGIES HONG KONG LIMITED
Phong Phu international JSC (PPJ)
Brandix Lanka Limited
Hirdaramani International Export Private Limited
Huntsman (Singapore) Pte Ltd
Tory Burch Hong Kong Ltd
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Restoque S.A.
BIMBA ;& LOLA SL
Truetzschler India Private Limited
Cat Tuong Real Estate Group Joint Stock Company
Splash
Landmark Group
KAS Direct Sourcing
Puma
THE BOMBAY DYEING ;& MFG.CO. LTD
Under Armour Global Sourcing Ltd

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search