Industry Analysis
Provide an in-depth analysis of the industry
The National Institute of Health indicates that more than two-thirds (68.8%) of Americans are obese. An increase in the number of overweight Americans presents special opportunities for weight reduction companies. Overweight people have special physical, dietary, privacy, and other needs that can be met in various ways.
The introduction of First Lady Michelle Obama’s “Let’s Move” program has resulted in Americans becoming health conscious and taking a proactive approach to adopt healthy lifestyles. With the increased awareness, a lot of people are making lifestyle changes by dieting, exercising or both. The increase in the number of people exercising has translated into an increasing trend in the purchase or search for plus-size athletic apparel.
According to the Washington Post, out of the $190billion clothing industry, plus size clothing represents only 9%.
Some retailers and dealers have realized the potential to grow sales and revenue by catering to the niche market of plus size shoppers however a large number of others are reluctant to jump on board for financial reasons.
The NDP Group indicates that plus-sized women’s clothing went up 5% from 2013 to 2014 and generated $17.5billion within the period in comparison to $16.8billion the previous year.
There are many distributions channels with ecommerce and department stores being the fore-runners with ecommerce experiencing a 31% growth over a 2year period.
In the United States of America, being fit and active is an important value of the culture. Many employers give out free gym memberships or encourage their employees to take a longer lunch to go be active. According to Business Insurance, many companies in New York have been organizing midday dance parties to give their employees some time to get out from behind their desks and move. Feeling good about the way one looks can be an important part of exercise because it promotes higher self-esteem. There is no longer a need to wait until you get into shape to look good when companies like Lululemon are now producing exercise wear that is fashionable. An industry professional was quoted as saying “Our customers desire clothing that they can work out in and then head out into the world.” If clothing fits well enough, then people are going to want to wear it all the time. Although fashion trends are ever changing, Lululemon is always creating new products to keep up with them. According to The Bureau of Labor Statistics, the retail industry is considered a high growth industry. The retail trade sector is the nation’s largest employer. The growth rate of real output for the retail trade sector of the economy is 4.6% annually. From 2004 to 2014, the real output grew from 1.1 trillion dollars to 1.8 trillion dollars. This can be attributed to new apparel companies always entering the
The athletic apparel industry has shown a large increase in popularity. Global sales of sport clothing have increased from 146.1 billion US dollars in 2007 to 162 billion US dollars in 2012(Global Participative Sport as Consumption). Particularly in the United States, sales of sport apparel have increased by 7% from 2013 to 2014 (Wingus). There has been a large trend in healthy living, as “activewear accounted for $33.7 billion in sales and made up 16 percent of the apparel market” (Wingus). The industry is booming, as sportswear, specifically yoga pants, has transformed into people’s daily apparel. (Refer to Appendix Table 1) Huffington post noted, “people are wearing trendy workout clothes all day, every
Obesity has become an epidemic in the United States. With such a significant percentage of the population (68.8% of Americans are overweight or obese) dealing with weight issues and with food marketing pushing cheap, fast food options, Americans are suffering from serious health consequences.
Obesity is becoming an increasingly significant health concern in the United States, nearly to the point of epidemic proportions. To be considered obese, one’s body weight must be at least 20% over their ideal body weight; unfortunately with this definition, over 30% of all Americans are obese. Alarmingly, approximately
Lululemon is one of the Canada’s best retailers of technical athletic yoga apparel. Lululemon’s yoga inspired apparel is marketed under the two brand names Lululemon Athletica for more mature women and Ivivva Athletica for younger girls. Lululemon primary target customers are educated and hard working women, who understand the importance of healthy and active lifestyle. Majority of these women are Caucasian who are mainly urban and have higher income, since Lululemon is an expensive brand .Most of their products are design to offer fit, performance and comfort while incorporating both style and function. On another hand, American Apparel
It seems that employers are afraid that they will not be able to effectively monitor employees output and have major security concerns when allowing employees to telework. The initial costs of setting up telework to employees may also be a concern for employers.
Despite Abercrombie & Fitch’s efforts to win back loyal consumers with their new rebranding initiative, the company continues to experience a decline in annual revenue and dismal growth coupled with a poor return on investment, making it a risky investment option for potential shareholders. According to the company’s annual report, Abercrombie & Fitch saw a decline in revenue from $4,116.90 billion in February 2014 to $3,744.03 billion in 2015 with fourth-quarter revenues falling nearly 14% to $1.12 billion (Abercrombie & Fitch 41). The company contributed its dismal report to a decrease in the number of operational stores at the end of Q4 fiscal 2014, weak consumer demand for both Hollister and Abercrombie & Fitch, slowing growth in
In the United States today, obesity has become an enormous burden on both the health and healthcare of those affected. In the last 3 decades, the number of people overweight has increased dramatically. According to the Centers of Disease Control, as of 2013, 34.9% of our population is considered overweight or obese. America is the richest yet the fattest nation in the world, and our obese backsides are the butt of jokes in every other country (Klein, 1994).
The Target that we chose to analyze our classification of products at was in Bloomington, IN at College Mall near Indiana University’s campus. Since this is one of the only malls near this campus, this is one of the only places for college students to shop. Also, there are many restaurants and other stores around that attract people to this area. From our experience of being students here, we know that we go to Target a lot to shop. Therefore, choosing to locate the store near a college campus and not a small town probably helps sales dramatically. College students are also at the age where they prefer to work out quite often, so Target is in the perfect place for customers that desire more active wear clothing. There are not many other
In this report, Printup will provide all recommendations for the successfull marketing communication strategy and to ensure the long-term steady demand for Metabical. 3.1 IDENTIFICATION OF THE PROBLEM OVERVIEW OF OVERWEIGHT ISSUES IN THE UNITED STATE Excess weight is considered a public health crisis in the U.S, with approximately 65% of the entire adult population categorized as overweight, obese, or severely obese. Being overweight is related to a number of serious health complications, and according to the American Obesity Association in 2005, ³the second leading cause of preventable death in U.S. In addition to health risks, overweight individuals endure a significant social stigma as well as outright discrimination. Laziness and self indulgence are common stereotypes associated with this group. Many overweight people feel like social outcasts. The professional life of an overweight individual could also be negatively affected, as excess weight has been found to adversely influence, hiring decisions, wages, and promotions. Researchers and health care professionals measure excess weight using the Body Mass Index (BMI) scale. The BMI scale, which calculates the relationship between weight and height associated with body fat and health risk, is appropriate for both men and women. It has three BMI categories of excess weight for adults:overweight (25 to 30); obese (30 to 40); and severely, or morbidly obese (over 40). According to CDC
Retic count is 0.9 which is slightly low compared to his hemoglobin of 10.9 with microcytic hypochromic anemia and thrombocytopenia at 115.
Obesity has become increasingly more prominent in American society. The Unites States has even been termed an overweight nation. Some twenty to thirty percent of American adults are now considered obese (Hwang 1999 and Hirsch et al 1997). With this in mind, Americans constantly look around themselves determining their weight status as well as that of those around them. While some Americans do fit the healthy category, others enter the underweight, overweight, and even obese categories, all of which can be unhealthy.
Those campaigns contributed to the ascent of Dokers calculated by 10 and 15 % respectively in 1995 and in 1996, and by 1997 Dokers represented 80 % of all men’s casual pants sold at the chain.
Type 2 diabetes is a major challenge facing the world today. It is estimated there are currently 245 million people with diabetes and that number will climb to 380 million in 20 years. Patients are currently told to eat a healthy diet, exercise regularly, monitor blood glucose, and take medications but that obviously isn’t enough. Long lasting behavior change is needed to achieve better self-care. In order to improve the overall quality of care for diabetic patients, psychological factors and supporting mechanisms are of great importance.
Overweight and obesity are serious problems in America today. Over 37 percent of adults are considered to be