Home / Knowledge / News / Apparel/Garments / Chinese clothing retail sales surge in 2010
Chinese clothing retail sales surge in 2010
31
Aug '10
In the first seven months of this year, total clothing retail sales of nationwide 100 major retailers increased 26.9 percent year on year, 15.3 percentage points higher than the growth in the same period last year and also reached the highest level since 2007.

Data showed that over the same period total apparel retail sales volume of these 100 large-scale retail enterprises gained 12.9 percent year on year, 7.5 percentage points higher than the growth of last year, and also 1.7 percentage points higher than in 2008.

Data showed that over the same period, the growth rate of apparel retail sales value was far higher than the growth of total retail sales volume, meaning a considerable part of the growth in retail sales was achieved from price increase by apparel companies.

To ease cost pressures, many domestic clothing brands have raised their prices in the first half of this year. XStep's semi-annual report reveals that the average price of its apparel products increased by 13.9 percent in the first half; Anta's semi-annual report showed that its apparel product prices increased by 7.1 percent in the first half.

According to industry sources, the industry will continue to face rising labor costs, high raw material prices and other unfavorable factors, apparel retail prices are expected to increase further with the arrival of autumn and winter.

Fibre2fashion News Desk

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Kerem Durdag
Biovation II LLC

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Madhu Jain
Madhu Jain

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search