The Clothing Retail Industry in Time: Current Status and Future Prospects

Overview of the Clothing Retail Industry in Time

The clothing retail industry in Time is an important part of the municipality's economy, with 33 registered companies in 2025. Most of these are located in Bryne, which is the main center of activity in the industry. Kvernaland has one registered company, but this has no operating results or employees. The industry has shown variations in sales and number of employees over time, with a significant drop of 38.5% in sales from 2024 to 2025. This is a marked change that should be closely monitored. In addition, the number of employees in the industry has gradually decreased since 2016, with a current level of 143 employees in 2026.

The clothing retail industry in Time has shown a complex development over the past few years. Sales figures have varied, with a peak in 2023 at NOK 181.0 million, but then fell sharply to NOK 109.9 million in 2025. This is a decline of 38.5% from 2024, which may indicate major challenges in the industry. The number of employees has also decreased over time, from 168 in 2016 to 143 in 2026. This shows a gradual decline in workforce in the industry, although no bankruptcies have been registered in the industry.

In Time, there are 33 companies registered in the clothing retail industry, most of which are AS companies. The main companies include H&M Hennes & Mauritz As Avd 851 Bryne, As Eikhi, Lindex As Avd Bryne, and Dressmann As Avd 141 Bryne. These companies have shown variable operating results, with some having high EBITDA margins, while others have negative values. For example, Beyou As and Lærke Bryne As have no operating results, which may indicate challenges in operations or recent start-up.

The clothing retail industry in Time is highly concentrated in Bryne, where 20 companies and 146 employees are registered. Kvernaland has one registered company, but this has no operating results or employees. This shows that Bryne is the main center of the clothing retail industry in the municipality, with a significant share of both companies and employees. This may be an advantage for new companies wishing to establish themselves in the municipality.

The clothing retail industry in Time has shown a relatively stable development over time, with no registered bankruptcies in the industry. This indicates that the industry has a certain degree of resilience, even though there have been variations in operating results. Some companies have negative EBITDA values, which may indicate challenges in operations or recent start-up. This should be closely monitored, especially for new companies wishing to establish themselves in the municipality.

The clothing retail industry in Time has shown a significant decline in sales from 2024 to 2025, which may indicate major challenges in the industry. This may be a consequence of economic or market-related factors. Nevertheless, the industry has shown a certain degree of resilience, with a relatively stable number of employees and no registered bankruptcies. This may indicate that the industry has a certain degree of stability, even though it is necessary to closely monitor the development. For new companies, it may be an advantage to establish themselves in Bryne, which is the main center of the clothing retail industry in the municipality.

The clothing retail industry is part of the broader creative, arts, and entertainment activities industry in Time, which has 45 companies. The broader industry has shown a more stable development, with a decline in sales of 36.7% from 2024 to 2025. This shows that the clothing retail industry has a more significant decline than the broader industry. Nevertheless, the clothing retail industry has shown a relatively stable number of employees, which may indicate that the industry has a certain degree of resilience. This may be an advantage for new companies wishing to establish themselves in the municipality.

The clothing retail industry in Time has shown a complex development over the past few years, with both rising and falling trends. The industry has shown a relatively stable number of employees and no registered bankruptcies, which indicates a certain degree of resilience. Nevertheless, the industry has shown a significant decline in sales from 2024 to 2025, which should be closely monitored. For new companies, it may be an advantage to establish themselves in Bryne, which is the main center of the clothing retail industry in the municipality. SmartGrunder can help entrepreneurs find suitable addresses in the municipality for this industry.