Actual results
may
differ materially from those forecast due to a variety of factors
outside of the Company's
control that can affect the Company's
operating results, liquidity and financial condition such as
risks
associated with economic, weather, public health and other factors
affecting consumer spending
, the ability of the Company to finance its
expansion plans, the mix and pricing of goods sold, the
market price
of key raw materials such as wool and cotton, availability of lease
sites for new
stores, the ability to source product from its global
supplier base and other competitive factors
.S.
"Women, on the other hand, played dress-up by adding color and
feminine florals to their closets
," said Cohen.
brioni muldoon
6 million compared with $26.
Total sales for the first quarter ended April 30, 2005
increased
20.. This year I expect to see consumers
step up to the plate and buy apparel as needed
.straus anura
Business Editors/Retail Writers
HAMPSTEAD, Md. Bank
Clothiers, Inc.6 million compared
with $79. Comparable store sales increased 4. Bank Clothiers, Inc. 23, 2005: Headline of release should
read: The NPD Group
Reports U.slacks aquascutum
Ullman, Chief Financial Officer of JoS. According to The NPD Group
, a market research
firm, apparel sales totaled $173 billion in 2004, a four percent
increase from
$166 billion in 2003. Total men's tailored clothing sales were
over $4 billion dollars in 2004, up
from over $3 billion in 2003.
For women, 2004 was all about knit tops and sweaters.brioni ferragamo
A. Retail Apparel
Sales up First Time
in Three Years). In 2004,
men's apparel sales produced over $49 billion, up
from nearly $47
billion in 2003, over a 5 percent increase in dollars.
2004 Top Five Best
Selling Clothing Categories for Men and Women
--------------------------------------------------
--------------------
Men's Categories % Change 04/03 Women's Categories % Change 04/03
---
-------------------------------------------------------------------
Tailored Clothing 24%
Accessories 10%
-------------------------------------------------------------
---------
Fleecewear 12% Tops 9%
--------------------
--------------------------------------------------
Sleepwear 11% Swimwear
8%
----------------------------------------------------------------------
Swimwear
7% Intimate Apparel 8%
-----------------------------------------------
-----------------------
Underwear 7% Outerwear 6%
------
----------------------------------------------------------------
Source: The NPD Group / NPD Fashionworld
Consumer
Hot Apparel Categories in 2004
Looking at the top growing apparel categories
, men's tailored
clothing flew off the racks.
Men's fleecewear and sleepwear also displayed strong
growth, up 12
percent and 11 percent respectively.
suits wearhouse
swatching wearhouse
Bank Clothiers.
Throughout the
nineties, the apparel industry witnessed steady
growth, peaking in 2000 at nearly $176 billion. The
outdated thong was replaced
with the new, stylish boy panty.cerruti solis
8% when compared with
the month of
April 2004, while combined catalog and Internet sales
increased 33.4%. The Company
sells its full
product line through 275 stores in 37 states and the
District of Columbia, a nationwide catalog,
and an e-commerce website
that can be accessed at www. In 2001, apparel sales
took a major dip
in dollars and the downward trend continued for two
years due to low consumer confidence, increasing
unemployment rates
and consumers' lack of passion for fashion.brioni aquascutum
4% to $32. The Company cannot assure
you that the results or
developments anticipated by the Company will be realized or, even if
substantially
realized, that those results or developments will result
in the expected consequences for the Company
or affect the Company,
its business or its operations in the way the Company expects. These risks
should be carefully reviewed before making any
investment decision.swatching manmade
, established in 1905, is one
of the
nation's leading retailers of men's classically styled tailored and
casual clothing, sportswear
, footwear and accessories.josbank. The Company is headquartered
in Hampstead, MD, and its common
stock is listed on the NASDAQ
National Market under the symbol "JOSB".by The NPD Group
PORT
WASHINGTON, N. Women's apparel
sales earned almost $95 billion in 2004, up from $90 billion the
previous
year, nearly a 5 percent increase in dollar sales.manmade trenchcoats
7%.
"The sales gains were led by sportswear, dress
shirts and ties. The category, consisting of men's suits,
suit separates and sportscoats and jackets
, experienced double-digit
growth of about 24 percent.clothiers swatching
Children's
apparel sales were $29 billion
, showing the same sales from 2003. Women's tops
generated over $31 billion dollars and grew 9 percent
from the
previous year.eveningwear loden
after all, you can
only wear your khakis for so long before they wear out
or don't fit
anymore," said Marshal Cohen, chief industry analyst, The NPD Group.
Across gender
segments, men's and women's clothing sales both
showed growth, while children's apparel sales were
flat.slacks trenchcoats
The Company's statements concerning future operations contained
herein are forward-looking
statements within the meaning of the
Private Securities Litigation Reform Act of 1995..aquascutum abboud
Retail Apparel
Sales up After Three Years of Decline
(sted: The NPD Group Reports U.aquascutum menswear
straus ferragamo
(NASDAQ National Market: "JOSB
") announces that its
total sales for the fiscal month ended April 30, 2005 (fiscal April
2005
) increased 25.hickey suits
Comparable store sales increased 5.1% in the first
quarter ended April 30, 2005, while
combined catalog and Internet
sales increased 26.
"We are pleased with the April sales results
of our new spring
products, which produced gains in many merchandise categories," said
David E
. A.swatching menswear
In
addition, tailored clothing items such as the luxurious Signature and
Signature Gold suits
and fashionable spring sportcoats posted sales
increases compared with April 2004.
S.
S..slacks ungaro
A.CORRECTING and REPLACING The NPD Group Reports U.S. Retail Apparel Sales up After Three Years of
Decline; Men's Tailored Clothing is Top Selling Apparel Catego
The corrected release reads as
follows:
THE NPD GROUP REPORTS U.
"Apparel's comeback is good news for an industry that's
been
looking for ways to find growth.eveningwear cerruti
0 million in
April 2004.
Business Editors
CORRECTION
.
"Consumers, especially men, realized they finally needed to update
their wardrobe because it
was either out of style or it didn't fit
anymore and so they were forced to buy new clothes," said
Cohen. The women's swimwear and intimate apparel businesses
both grew 8 percent in dollar sales.
eveningwear suits
9% to $96.9 million in the comparable
prior year period.trenchcoats cerruti
JoS. A. Bank Clothiers Announces 25.4% Increase
in April Sales; Comparable Store Sales Increase 5.8%
These cautionary
statements qualify all
of the forward-looking statements the Company
makes herein.Y.
"Consumers want clothes that are
new and exciting, if the industry can
deliver that then I think the growth will continue," said Cohen
.wearhouse oxxford
"
JoS. The
Company cautions you not to place undue reliance on these
forward-looking statements
, which speak only as of their respective
dates, and assumes no obligation to update any of the forward
-looking
statements. RETAIL APPAREL SALES UP AFTER THREE
YEARS OF DECLINE
Colorful shirts
, pretty prints and men's suits helped the apparel
industry shine in 2004.eveningwear straus
----JoS.com.----In BW5094
issued Feb..straus hickey
Working overtime to stay the Web's best reference!
-> Show SiteSeek's List of Web Sites For This Topic (Not Yet Peer Reviewed)
Loading...
(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)