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Firm foothold strengthens innerwear industry
11
Jul '08
National Business Information Center released that in past 10 years, average annual sales volume and sales growth of Chinese innerwear industry, reached about 15 percent, far higher than the average GDP growth level.

Currently, the annual output is estimated close to 30 billion pieces, whereas yearly sales value stands around 130 billion yuan.

The annual sales volume of Shanghai Threegun Group, Shanghai Yiershuang Underwear Inc, Jiangsu AB Co, Beijing Tongniu Co, Shandong Jifa Co, and Wuhan Lovegod Group have already surpassed one billion yuan, becoming the most popular underwear brands in China.

During past few years, with such commendabel growth, China has become absolute power of knitted underwear exports as well as consumption.

Fibre2fashion News Desk - China

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