458 - Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
If you're involved in retail trade or looking to explore opportunities in the apparel and accessories market, understanding NAICS code 458 is crucial. This code identifies businesses primarily engaged in retailing clothing, clothing accessories, shoes, and jewelry—an ever-evolving sector serving consumers' fashion and lifestyle needs. Whether you're a retailer, supplier, or government contractor, grasping this classification can help streamline market research, regulatory compliance, and business development.
What Is NAICS Code 458?
NAICS code 458 represents the industry segment comprising establishments that retail clothing, clothing accessories, shoes, and jewelry directly to consumers. This sector captures a wide range of retail operations, from specialty shoe outlets to boutique jewelry stores and general clothing retailers.
Key Highlights:
- Industry Title: Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
- Description: Establishments primarily retailing clothing, clothing accessories, shoes, and jewelry directly to consumers.
- Sector: Retail Trade
Sector Overview and Typical Business Activities
The Retail Trade sector, specifically under NAICS 458, plays a vital role in the economy by providing consumers access to fashionable apparel and related products. These retailers offer:
- Apparel for men, women, and children
- Accessories such as hats, scarves, belts, and handbags
- Footwear ranging from casual shoes to specialized sports shoes
- Jewelry including fine jewelry, costume pieces, and watches
Typical Business Types Under NAICS 458 Include:
- Clothing Stores: Specialty shops, department store clothing sections, and boutiques
- Shoe Stores: Retailers specializing in footwear for all ages and styles
- Jewelry Stores: Vendors focused on fine jewelry, engagement rings, watches, and costume jewelry
Size Standards for NAICS Code 458 Eligibility
For businesses seeking government contracts or small business certifications, understanding size standards is key. Size standards define the maximum size a business can be to qualify as a "small business" under this NAICS code.
- Size Standard: Varies by specific industry within code 458, commonly based on annual receipts
- Typical Threshold: Up to $30 million in average annual receipts for clothing and jewelry retailers
- For shoe stores and some other specialty retailers, size standards are typically aligned similarly, but it’s advisable to check the latest Small Business Administration (SBA) guidelines for exact figures.
Detailed NAICS Code 458 Information Table
| Feature | Details |
|---|---|
| NAICS Code | 458 |
| Title | Clothing, Clothing Accessories, Shoe, and Jewelry Retailers |
| Description | Establishments primarily engaged in retailing clothing, accessories, shoes, and jewelry directly to consumers. |
| Sector | Retail Trade |
| Typical Business Types | Clothing stores, shoe stores, jewelry stores |
| Size Standard (SBA) | Approx. $30 million average annual receipts (varies by subclassification) |
| Key Activities | Selling apparel and accessories, footwear sales, jewelry retail |
Examples of Businesses Under NAICS 458
- Men’s and Women’s Apparel Boutiques: Local or chain stores focusing on fashion apparel
- Specialty Shoe Retailers: Running shoe stores, formal footwear outlets
- Jewelry and Watch Retailers: Family-owned jewelry shops, luxury brand boutiques
- Department Store Apparel Sections: Dedicated clothing and accessory departments within larger retail stores
These businesses provide a wide range of products aimed at consumer style, formalwear, casual wear, and seasonal needs.
Frequently Asked Questions (FAQ)
What does NAICS code 458 cover exactly?
NAICS code 458 covers retail establishments primarily selling clothing, clothing accessories, shoes, and jewelry directly to consumers.
How does this classification help businesses?
It aids in market segmentation, regulatory compliance, government contracting, and helps businesses identify their industry peers.
What sector does NAICS 458 belong to?
It belongs to the Retail Trade sector.
What types of stores fall under NAICS 458?
Clothing stores, shoe stores, and jewelry stores are prime examples.
What is the size standard for businesses under NAICS 458?
Generally, businesses are considered small if they have average annual receipts of up to $30 million, though this may vary slightly depending on the specific subcategory.
Conclusion
NAICS code 458 plays a vital role in categorizing businesses within the fashion retail industry, covering everything from clothing to jewelry. Retailers operating under this code directly influence consumer fashion trends and play a pivotal role in the retail sector economy. If you're pursuing government contracts or business expansion in this field, understanding NAICS 458 will give you the competitive edge needed to navigate this dynamic market.
Keywords: NAICS code 458, clothing retailers, shoe stores, jewelry retailers, retail trade sector, government contracting, small business size standards, apparel retail industry, clothing accessories, footwear retail
