Industry Analysis & Industry Trends
Over the past five years, revenue for the Clothing Store industry in China has been growing at an annualized rate of 9.8%. 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 2014, revenue is set to grow just 6.0% tp $21.0 billion.
Overall, 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 Products Chapter
This product segmentation is based on data from an investigation on consumer behavior by N-Dynamic Market Research. The ratio reflects sales volumes.
Upper outer garments
Upper outer garments account for the largest product segment in the industry at about 29.0%. This segment includes coats, jackets, blouses and shirts.
Underwear accounted for the second-largest segment at about 22.0%. This segment includes socks, stockings, underpants and other kinds of underwear.
Among lower-body clothing, formal and casual trousers accounted for the largest segment at about 15.0%. For working people, formal trousers or skirts are required... purchase to read more