The US Winter Wear Market to Grow at a CAGR of 2.81% During Forecast Period 2016-2020
The market is highly seasonal and is driven by the climatic conditions of the region. With climate change having become a key issue the world over in the last few years and the increasingly warm winters in the country, vendors are likely to be unable to anticipate demand trends accurately. The warm winters experienced in late 2015, for instance, have had significant negative effects on sales, leading to revenue losses and stock pile-ups for retailers. Continuous product launches, including a...
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