Clothing & Footwear Retailing in China – Market Summary & Forecasts

Date: 2015-08

“• The clothing market in China is considered the world’s largest fashion market

• Despite sluggish economic conditions, retail sector registers a significant growth

• A rising middle class with increased disposable income and altering lifestyles are driving retail demand and retailer’s expansion plans in tier lll and tier lV cities will drive further growth

• Online platform will be a key channel for retailing over the next five years

• Women’s wear constitutes over half of spending in the Chinese clothing market and women’s footwear segment is expected to be the most lucrative one

• Online spend in clothing and footwear is expected to maintain a strong CAGR of 37.51% and 32.6% over the forecast period”

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