Men’s wear market comprise companies
engaged in manufacturing men's cut and sew apparel from purchased fabric.
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The global men’s wear market was valued
at $39 billion in 2017, and is expected to be driven by factors such as an
increase in disposable income. Asia Pacific was the largest geographic region
in the market, accounting for two-fifth of the global market share.
The men’s wear market was divided into
five segments: suits and formal wear; office wear; casual wear; sportswear and
other men's wear.
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China was the largest country in the
market, accounting for nearly one-fifth of the global men's wear market share,
due to the large population in the country. China was followed India and Japan
as the next largest countries in the market.
The top five competitors in the market
are Gap, H&M, Inditex (Zara), Kering and LVMH. Gap Inc. is the largest
specialty retailer in the United States, and is 3rd in total international
locations, behind Inditex
Group and H&M.
As of September 2008, the company has approximately 135,000 employees and
operates 3,727 stores worldwide, of which 2,406 are located in the U.S.
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