Now Available: Apparel and Footwear Specialist Retailers in China

From: Fast Market Research, Inc.
Published: Sun Feb 21 2016

International fast-fashion brands continued their aggressive expansion in China in 2015. These international brands are perceived as representative of the latest fashions, with well-assured quality and affordable prices. With this perception, more international brands, such as New Look and family brands such as Old Navy from Gap and GU from Uniqlo, entered China and showed strong ambitions in terms of store openings to establish their presence and cater to more segmented market demand.

Competitive Landscape

The retail landscape in apparel and footwear in China remains extremely fragmented, with consumers able to purchase apparel and footwear in a wide variety of retail channels, including apparel and footwear specialist retailers, department stores, sports goods stores, internet retailing and others. This fragmentation makes it difficult for any player to develop a dominant market share. In apparel and footwear specialist retailers Belle International Holdings maintained the leading position in 2015, accounting for an 8% value share, thanks to its wide market presence and to offering a series of footwear brands to meet the needs of various consumers. However, its share continued to slightly decline, owing to store closures and the rising pressure from internet retailing.

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Industry Prospects

Apparel and footwear specialist retailers is expected to post a stable value CAGR in the forecast period at constant 2015 prices, stimulated by the growing consciousness of personal appearance, along with rising disposable incomes. Meanwhile, the continuous expansion and penetration of shopping malls into lower-tier cities is likely to attract more apparel and footwear specialist retailers to open stores in these malls to meet the growing demand.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Clothing and Footwear Specialist Retailers industry in China with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Clothing and Footwear Specialist Retailers industry in China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Clothing and Footwear Specialist Retailers in China market research report includes:

* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic number of stores, selling space and values, company and brand market shares 
* Five year forecasts of market trends and market growth

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