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Clothing Stores in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Clothing Stores Market Research Report | Sep 2013

Dressed to impress: Industry revenue returns to strong growth following economic instability

IBISWorld’s Clothing Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 08-13
11.8%
Annual Growth 13-18
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Profit
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Employment
781,532
Businesses
39,121
Industry Analysis & Industry Trends

Over the past five years, revenue of Clothing Store industry in China has been growing at an annualized rate of 11.8%. Slower growth in 2012 and 2013 has been mainly due to the weaker performance of Chinese economy and a high level of inventory repressing product prices. In 2013, revenue is set to grow just 5.0%.

Industry growth was strong in the past decade due to the opening of the market in accordance with China's World Trade Organization commitments. After 2001, foreign capital streamed in, bringing with it experienced management and systems. And as the Chinese economy developed, living standards improved and demand for fashion products grew.... purchase to read more

Industry Report - Industry Investment Chapter

The capital intensity of the Clothing Store industry is determined by the ratio of capital to labor. In the absence of official data on capital and labor costs, depreciation and wage costs are used as proxies. For every dollar spent on capital, $15.63 is spent on labor. Considering the low general wage level in China, the industry is deemed to have a low capital intensity level.

Capital expenditure in the industry comes in the form of fixtures, fittings, and cash registers. Some large retailers and foreign companies have implemented computer scanning technology. Its implementation has simplified labor tasks and also minimizes the level of human error in processing purchases... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Clothing Stores Industry?

The Clothing Store industry is part of the retail sector in China. Operators in this industry retail clothing for men, women, and children, as well as clothing accessories such as scarves, socks, belts and ties. The major sites for retailing operations are in clothing specialty stores, franchised stores, and independent outlets.

Industry Products
Upper outer garmentsUnderwearFormal and casual trousersSweatersJeansSkirtsSportswear and shorts
 
Industry Activities
Men's clothing retailingWomen's clothing retailingChildren's clothing retailingSportswear retailingLeather and fur clothing retailingUnderwear and sweater retailingClothing accessories retailingOther clothing retailing


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