Home / Knowledge / News / Apparel/Garments / Growth rate of China's domestic apparel retail sales dips
Growth rate of China's domestic apparel retail sales dips
08
Oct '12
The rate of growth of domestic apparel retail sales in China declined during the first eight months of the current year.
 
The retail sales of knitwear and other garments and hats by major companies grew by 17.5 percent year-on-year in China during January to August this year, showing a decrease of 6.5 percent compared to the growth recorded during the same period last year.
 
However, the growth rate saw an increase of 2.9 percent and 0.6 percent over the growth seen in first and second quarters of 2012, respectively.
 
After deducting price factors, the actual apparel retail sales growth works out to 13.6 percent, which is 8.7 percent less than the growth observed during the corresponding period of last year.
 
During the first eight months of 2012, the domestic sales of major textile enterprises in China totaled 2.98 trillion yuan, registering a year-on-year growth of 12.4 percent. 
 
However, this growth was 20.1 percent less compared to the growth achieved during the corresponding period of last year. Compared to the first and second quarters of the current year, the domestic sales of textile enterprises showed a drop of 3.9 percent and 0.9 percent, respectively.
 

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 24th Mar 2017

UK online retail sales up 15% in February 2017

Online retail sales in UK have grown by 15 per cent year-on-year in...

Courtesy: Messe Frankfurt

Textiles | On 24th Mar 2017

Over 3341 exhibitors participate in Intertextile Shanghai

More than 3,341 exhibitors from 26 countries and regions participated ...

Apparel/Garments | On 24th Mar 2017

Tiruppur garment cluster hopeful of meeting export target

The Tirupur garment cluster is hopeful of meeting its target of...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search