Dresses, Events, Fashion, Wedding

Where’d She Get That Wedding Dress? Wedding Dress Rentals Grow In ’09

3 Comments 25 June 2009

Alfred Angelo has a wonderful collection of rental gowns and dresses to choose from

Something old, new, borrowed and blue – that is the wedding tradition – but this wedding season getting something new may be a struggle. According to industry research firm IBISWorld, spending on rented bridal gowns is expected to grow 7.5 percent to $43 million – up from $40 million in 2008.

With brides renting dresses, sales of new wedding gowns are expected to decrease 2.8 percent this year, reaching just $973 million. While the decline is not as steep as the 4.2 percent drop experienced in 2008, the industry has seen declines since 2001. Brides who do purchase a dress will more likely buy their garments in high-end department stores, formal clothing stores, or online – like PreOwnedWedddingDress.com – opposed to a bridal store.

The one thing couples will not be renting this year is wedding planners. Compared to 2008, the amount spent on wedding planners is expected to drop 4.2 percent to $785 million. In fact, the average cost of a wedding is expected to drop eight percent in 2009 to just $20,000 – in 2007 the average was $30,000.

“The recession is expected to exacerbate the already declining marriage rate, as couples put off the ‘big day’ until the time is right financially,” explained Toon van Beeck, senior analyst with IBISWorld. “Spending will undoubtedly be impacted by such postponements, and these cost cutting measures will start from the purchase of an engagement ring, all the way to the end of the honeymoon.”

Your Comments

3 Comments so far

  1. nancy says:

    renting saves money!

  2. Love the idea of renting a gown.

  3. for something you only wear once, gown prices have become astronomical. makes sense to rent or buy a pretty white dress not marketed as a wedding gown.

Share your view

Post a comment

Newsletter Signup


Facebook Page

© 2009 Couture in the City. Powered by Wordpress.

Design and Theme Modification by Nick Piela & Optimized by Promotion Expert