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Menswear market shows downward trend
Jul '08
Official statistics reveal that in May 2008 the sale of mens-suit registered year-on-year drop of 0.83 percent to reach 6,57,400 pieces in quantity.

The top ten brands made up for over 41.3 percent of Chinese mens-suit market share during the month.

While mens-suit from Youngor brand accounted for 16.87 percent, taking the first spot, Shanshan brand bagged the second position with a 4.26 percent market share.

However, one of the leading mens-suit brands, Pierre Cardin, was able to grab less than 3 percent of market share, taking the sixth rank.

Besides, the sales quantity of mens-shirts in May stood at 1,152,300 pieces, down 12.49 percent than the corresponding month in 2007. Even here, the top 10 menswear brands accounted for 47.95 percent of market share.

Not surprisingly, Youngor brand took the crown at 12.51 percent mens-shirt market share, followed by Rouse brand at 6.05 percent. Pierrecardin brand made it at ninth position, just touching 5 percent share.

Fibre2fashion News Desk - China

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