Menswear Market In Canada Is Showing Strong Growth
by MR Magazine Staff May 09, 2016
The menswear market in Canada, worth $8.3 billion of a total apparel market of $25.6 billion, has seen stronger growth than the women’s market, according to statistics supplied by NPD Canada. For the 12 months ended February 2016, the men’s market grew 3.3 per cent versus the women’s sector, which was flat at 0.3 per cent. Sales of men’s sportswear and tailored wear grew 3.9 per cent over that period. Euromonitor International, an independent market research giant, attributes stronger growth in menswear in 2015 to athleisure on the one hand, and a taste for tailored and bespoke clothing, which carry higher price points, on the other. Read more at Montreal Gazette.