China’s Unquenchable Thirst for Fashion Set to Continue
Despite a slight slowdown being experienced in 2013, China’s apparel and footwear market is still one of the fastest growing in the world. By 2017, it is also expected to become the largest, ahead of the US. The interior of China will be a key battleground for international apparel brands across all price points. Brazil, Russia and India are also expected to reinforce their positions and collectively BRIC countries will account for 64% of global value sales over the next five years.