1. Est. 2 0 1 5
November 19,2015
From:
AM 101 Team 6
Allie Kall
Leah Staursky
Hunter Anderson
Noah Saunders
Jimmy Comodeca
To:
Copeland Associates
Luke McElfresh
Jamie Lambert
John Keifer
Nadège Levallet
5. Industry Trends
Macro-environment:
U.S.
• Men’s apparel sales
growth:4.2%
• Women’s apparel sales growth:
2.8%
• Retail menswear industry
=$110.3 billion
• Millennial males spend twice as
much as previous generations
• Rise of the “yummy”
Micro-environment:
Baltimore, MD
• Median age is 34 years
• 66,000 students at 12
accredited universities
• Top city for college grads
(STEM)
• Millennial population 25% and
26th most populous city
• Disposable income on the rise
since 2010
• Baltimore: a top 10 city to
start a small business