This year clothing is becoming more expensive compared to previous year. At present, a thin sweater will cost you more than RMB1000 compared to same product available at RMB100 in past.
This winter, a pair of winter leather shoes will cost more than RMB1000 and same leather shoes were sold for less than RMB300. Experts estimate 50 percent rise in the prices of leather shoes.
Even a winter skirt which is a common costume of Europe will cost around RMB6000.
According to experts, prices of clothes have increased by 60 percent due to promotional activities and discount offers. In order to meet these expenses, retailers have increased prices of the clothes.
The current year's discount is around 50 percent compared to 30 percent discount in 2001.
Fibre2fashion.com News Desk-China
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