)
AUSTRALIAN dads will be more pampered this Father’s Day than last year according to an IBISWorld report released this week.
This year’s celebration is expected to deliver $753 million to the retail sector, a three per cent increase from last year.
Money spent on dad has increased due to a growing market of gifts for men, according to IBISWorld Australia general manager Daniel Ruthven.
Ruthven is forecasting a growth of 12.7 per cent in personal care gifts; followed by footwear, clothing and accessories growing by 5.6 per cent; and tools, hardware and electronics growing 4.4 per cent from last year.
)
