×
168
Fashion Jobs
SH MATRIX ENTERPRISES
Sales Manager
Permanent · Gurugram
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
DLIGHT ENERGY PVT. LTD.
Hiring For Area Sales Manager | Pune/ Nagpur | d.Light Energy
Permanent · Pune
NATURELAND ORGANIC FOODS PRIVATE LIMITED
Area Sales Manager (Chennai)
Permanent · Chennai
NATURELAND ORGANIC FOODS PRIVATE LIMITED
Area Sales Manager (Maharashtra)
Permanent · Mumbai
EXTRAMARKS EDUCATION
Area Sales Manager- B2B Sales
Permanent · Nashik
OLIVE GREEN CONSULTING LLP
Urgently Looking For Area Sales Manager
Permanent · National Capital Region
DEEP CHAND DIALYSIS CENTRE PVT. LTD.
Immediate Joining For Area Sales Manager @ Kolkata
Permanent · Kolkata
MEDLEY PHARMACEUTICALS LTD
Area Sales Manager/ District Manager - Bhopal
Permanent · Bhopal
DREAM HOME PLASTO WARE IND
Production Manager
Permanent · Alwar
MEDLEY PHARMACEUTICALS LTD
Area Sales Manager/ District Manager - Bhopal
Permanent · Bhopal
EXTRAMARKS EDUCATION
Area Sales Manager- B2B Sales
Permanent · Nashik
TITAN BIOTECH LIMITED
Area Sales Manager
Permanent · Hyderabad
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Daman
LEVI'S
Associate Sap Ptp Business Analyst
Permanent · Bengaluru
FEDBANK FINANCIAL SERVICES LTD
Area Sales Manager For Gold Loan - Chennai
Permanent · Chennai
DR MEDITECH SURGICAL AND DIAGNOSTICS INDIA PVT LTD
Production Executive / Production Manager (Biochemistry & Hematology
Permanent · National Capital Region
INFEXN LABORATORIES PRIVATE LIMITED
Medical Representative/ Area Sales Manager
Permanent · Navi Mumbai
ELLIOTT MOSS
IT Sales Manager
Permanent · Mumbai
GRAND CHEMICAL WORKS
Area Sales Manager - Jaipur gt
Permanent · Kota
IGENETIC DIAGNOSTICS /HEALTH MAP DIAGNOSTIC PVT LTD
Area Sales Manager/Territory Manager
Permanent · Pune
RANDSTAD INDIA PVT LTD
Market Development Manager - Horeca Sales
Permanent · National Capital Region
Published
Apr 27, 2015
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Retail: Asia to overtake West in 2018

Published
Apr 27, 2015

Asian apparel consumption should reach 920 billion dollars in 2018, as compared to 625 billion last year, placing it on the same level as North America and Western Europe.


Apparel spending should rise by 10% per year - an increase largely driven by China and India, which together comprise 2.6 billion people, or 37% of the global population. Many customers in these countries aspire to buy apparel from leading brands although they may not have the means to buy from the biggest names in luxury - hence the success of international retail brands. 

"Although some luxury groups have reported slower growth in countries like China, fast fashion chains such as H&M, Gap, Zara and Uniqlo have ambitious plans for store openings that would blur the distinction between high-end and entry-level luxury apparel."
 


Luxury is thus seeing a slow-down in Asia that contrasts with the strong growth previously generated by China, where growth dropped from 30% to 7% between 2012 and 2013 due to a less favorable economic outlook and anti-corruption policies aimed at luxury gifts. The Chinese nevertheless spent 102 billion dollars in 2013. With a growth of 20-30% per year, India remains far behind.

As for online sales, the Chinese market should account for 650 billion dollars in sales in 2020, as compared to 306 billion in 2013, while the United States should reach 263 billion. Following the adoption of new laws facilitating exchanges with foreign countries, India, meanwhile, should reach 100 billion in 2020, according to a local federation. That figure is tempered by PwC, which noted that the figure estimated by Forrester for 2018 is only 16 billion dollars.

€1 = $1.08/£0.72

Copyright © 2022 FashionNetwork.com All rights reserved.