Establishments primarily engaged in manufacturing girls',children's, and infants'dresses, blouses, and shirts from purchased woven or knit fabrics. Knitting mills primarily engaged in manufacturing outerwear are classified in Industry 2253.
The NAICS 2361 industry, focusing on Girls', Children's, and Infants' Dresses, Blouses, and Shirts, has been witnessing several qualitative trends recently. A significant trend is the increasing consumer demand for sustainable and ethically produced clothing. Parents and guardians are becoming more conscious of the environmental and social impact of the fashion industry, driving brands to adopt eco-friendly materials, such as organic cotton and recycled fabrics, and to ensure fair labor practices in their supply chains.
Another notable trend is the influence of digitalization and e-commerce on purchasing behaviors. With growing internet penetration and the rise of social media platforms, parents are more inclined to shop online, influenced by online reviews, influencers, and social media advertisements. Brands are responding by enhancing their online presence, offering virtual fitting rooms, and providing seamless omni-channel shopping experiences.
Personalization is also becoming a key trend, with brands offering customized apparel options, allowing parents and children to select unique designs, prints, and fits. This not only enhances customer satisfaction but also drives brand loyalty. Inclusivity and diversity in fashion are equally important, pushing brands to provide a wider range of sizes and designs that cater to diverse demographics and body types.
Looking ahead, the industry is expected to continue capitalizing on these trends. Brands that prioritize sustainability, digital innovation, personalization, and inclusivity are likely to experience growth. Additionally, advancements in technology, such as AI-driven design and efficient supply chain management, will further streamline operations and reduce costs, benefiting both businesses and consumers.
Blouses: girls', children's, and infants'-mfpm
Dresses: girls', children's, and infants'-mfpm
Middies: girls', children's, and infants'-mfpm
Shirts, outerwear girls', children's, and infants'-mfpm
Sweat shirts: girls', children's, and infants'-mfpm
Tank tops girls', children's, and infants'-mfpm
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.