42435 - Clothing and Clothing Accessories Merchant Wholesalers
Navigating the world of government contracting or market research often starts with understanding NAICS codes. One crucial classification in the Wholesale Trade sector is NAICS code 42435, which covers Clothing and Clothing Accessories Merchant Wholesalers. This code plays a significant role in identifying businesses engaged in the wholesale distribution of apparel and related products. Whether you're a retailer, supplier, or entrepreneur, knowing the ins and outs of NAICS 42435 can open doors to new opportunities.
What is NAICS Code 42435?
NAICS code 42435 defines establishments primarily involved in the merchant wholesale distribution of clothing and clothing accessories. This includes a broad range of products such as:
- Apparel for men, women, boys, and girls
- Footwear
- Related accessories
These wholesalers typically sell their goods to retailers, commercial users, or other wholesalers instead of directly to consumers.
Sector Overview: Wholesale Trade
NAICS 42435 falls under the broader Wholesale Trade sector, which encompasses entities that act as intermediaries, distributing goods to various buyers without significant transformation of the products. The sector is vital to supply chains, ensuring timely and efficient movement of products to retail outlets and commercial users.
Typical Business Activities Under NAICS 42435
Businesses classified under this code usually engage in:
- Wholesale distribution of men's and boysâ clothing
- Wholesale distribution of women's and girlsâ clothing
- Wholesale distribution of footwear and clothing accessories
These merchant wholesalers source products from manufacturers and sell them in bulk to retail stores or commercial clients, facilitating the flow of apparel in the market.
Size Standards for NAICS Code 42435
To qualify as a small business under NAICS 42435, the SBA has established the following size standards based on annual revenue:
NAICS Code | Industry Title | Size Standard (Annual Revenues) |
---|---|---|
42435 | Clothing and Clothing Accessories Merchant Wholesalers | $30 million |
Companies with annual receipts less than or equal to $30 million generally qualify as small businesses for government contracting and other SBA programs.
Examples of Businesses Under NAICS 42435
Here are some typical types of businesses included in this classification:
- Wholesale distributors specializing in menâs and boysâ apparel
- Wholesale sellers of womenâs and girlsâ clothing lines
- Distributors of footwear, such as boots, sneakers, or dress shoes
- Merchants handling clothing accessories like belts, hats, gloves, and scarves
These companies serve as vital hubs connecting manufacturers with retail markets or other commercial enterprises.
NAICS Code 42435 Details Table
NAICS Code | Title | Description | Sector | Size Standard (Annual Revenues) |
---|---|---|---|---|
42435 | Clothing and Clothing Accessories Merchant Wholesalers | Establishments primarily engaged in the merchant wholesale distribution of clothing and accessories including apparel and footwear. | Wholesale Trade | $30 million |
Frequently Asked Questions (FAQ)
What products are included in NAICS code 42435?
This code includes clothing items, footwear, and related accessories distributed on a wholesale basis. Examples include shirts, pants, dresses, shoes, belts, and hats.
Who are the typical customers of businesses in this NAICS code?
The primary customers are retailers (such as clothing stores), commercial users (like uniform suppliers), and other wholesalers.
Can a business selling directly to consumers be classified under NAICS 42435?
No, businesses selling directly to retail consumers are typically classified under retail trade codes, not wholesale.
What is the importance of knowing the NAICS code?
NAICS codes help businesses identify market segments, qualify for government contracts, and understand industry regulations.
How can small businesses benefit from the NAICS 42435 classification?
Being classified under NAICS 42435 with small business size standards allows access to SBA programs, government contracting opportunities, and industry-specific resources.
Conclusion
Understanding NAICS code 42435 is essential for businesses operating or seeking opportunities in the clothing and clothing accessories wholesale industry. Whether you're looking to classify your business, find government contracts, or simply understand market segments, mastering the details of this NAICS code can provide a strategic edge.
Keywords: NAICS 42435, Clothing and Clothing Accessories Merchant Wholesalers, wholesale clothing distribution, clothing wholesalers, NAICS code size standards, wholesale trade sector, apparel wholesalers, government contracting clothing industry