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China:Domestic clothing market grows

China:Domestic clothing market grows

Write: Timor [2011-05-20]
Since 2004, Chinese GDP has been over US $1000 assuring the growth of domestic clothing markets.
Demand for high-quality and exclusive clothing is expected to rise significantly.
Women clothing occupies the biggest share in domestic clothing markets.
Most current domestic women clothing brands belong to middle and low levels; however, in top grade markets, there are few famous brands.
Men's wear industry is also developing as enterprises using modernized equipments to provide quality products.
Many firms have emerged as famous men's wear brands to claim almost 50 percent share in the domestic market.
For instance, Youngor brand for men's clothing accounts for 10 percent of domestic market.