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China’s Fashion Market Full of Opportunities for Foreign Brands
China?s Fashion Market Full of Opportunities for Foreign Brands
“The fashion market in China, which tripled over the past ten years, is expected to increase threefold over the coming decade,” according to a Boston Consulting Group report released in July.
Over the past decade, the fashion industry in China has tripled in market size, reaching nearly RMB 400 billion by the end of 2010. It is expected that the fashion market in China will grow threefold yet again over the next decade, to more than RMB 1.3 trillion as the world?s second fashion market by 2020, said the report.
With Chinese c
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