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Frbiz.com reports PwC: Asian apparel retailer for the best areas for growth

Date Published: 29th September 2009
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PwC in Shenzhen recently released report shows that the majority of the retail and consumer goods in Asia is still growth opportunities for enterprises, although the growth rate will slow down somewhat in the short term.

PricewaterhouseCoopers Global Retail and consumer industry executives I Ye Jiali said: "As early as before the contraction in the global economy, multinational companies have changed strategies, the target shifted to robust growth opportunities in emerging markets. Are mature markets, the prospects for the next two years is still not clear, so a lot of retail and consumer goods companies will restructure its strategy for future growth in emerging markets as a business power. Overall, the emerging markets in Asia, in China and India, led by strong, it will be 2010-2013 the fastest growing region during the period, especially in the grocery industry and clothing products, staggering. "


Report is expected in China and India will be a double-digit sales growth. In China, high-end apparel sales to France, Germany, Italy, Japan, the United States, Britain and South Korea's international brand-driven. As the Central and Eastern Europe and Russia, the region is still lower manufacturing costs, the European large-scale retail enterprises to enter the two regions. However, apart from discounters selling situation is quite good, the clothing consumption, which has shrunk dramatically. In 2009, growth in Latin America is also very limited.

The report notes that luxury brand in the emerging markets, high-income group of consumers in a large amount of marketing and product launch of unique accessories driven by the way, which enjoys a success. But the consumers to reduce spending, the global luxury goods sales are expected in 2009 reduced by 10% to 15%. Fall in oil prices and the real estate recession, cutting the number of billionaires in Moscow 60%, a severe blow to luxury goods sales. However, the contrast, Asia's most promising prospects. In 2008, with more than one million U.S. dollars net worth of households is estimated at as much as 15300. By 2015, China is expected to become the world's largest buyers of luxury goods.


PricewaterhouseCoopers Global Retail and consumer industry executives I Ye Jiali said: "In some ways, it is a time of economic recession and the same as the past, consumers are not optimistic about the future, we tend to buy discounted merchandise. Enterprises to maintain product quality if Su and as well as lower prices, it will increase market share, and was easier to obtain good results when the economy recovers. "



I am a professional editor from http://www.frbiz.com/, and my work is to promote a free online trade platform.
http://www.frbiz.com/ contain a great deal of information about clothes hanger hooks,Music CDs for sale,Fishing Nets for Sale, welcome to visit!
Tags: global economy, target, growth opportunities, product launch, central and eastern europe, emerging markets, multinational companies, luxury brand, luxury goods, clothing products, income group, robust growth
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Source: http://www.articlealley.com/article_1130265_15.html
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