apparel Archives - Inside Retail Asia

H&M continues New Zealand expansion

Fast fashion giant continues Kiwi expansion.

Singapore apparel market stagnant

The Singapore apparel market growth has been virtually stagnant since 2010 according to a new market report.

Hong Kong apparel retailing shows solid growth

The Hong Kong apparel retailing market achieved compound annual growth of 14.4 per cent between 2010 and 2014, according to a newly released market analysis.

Malaysian apparel retail sales solid

The Malaysian apparel sector has grown at a rate of 10 per cent for the last four years.

Indonesian apparel sales tipped to rise fast

Indonesia’s apparel market is about to enter a high growth phase – presenting a lucrative opportunity for experienced retailers. A new report from MarketLine, Apparel Retail in Indonesia, concludes the overall market will grow at a compound annual rate of six per cent in the five years between 2013 and 2018, taking the total market to US$7 billion in value by the end of 2018. The Indonesian apparel retail industry had total revenues of $5.2 billion in 2013, representing a CAGR of 4.4 per…

China’s luxury apparel market still growing

China’s total consumption of luxury apparel is expected to reach about 89.04 billion yuan ($14.5 billion) in 2017. During 2004-2011, China’s total consumption of luxury goods showed a compound annual growth rate of 20.9 per cent. However, since 2012, influenced by the policies of anti-corruption, suppression of gifting and consumption with public funds, the growth rate of luxury consumption in China has been slowing down rapidly. In 2013, total luxury consumption in China was 116 billion y…

Indian Govt launches textile chain

The Indian government-owned National Textile Corporation (NTC) plans a rapid expansion of its newly launched retail chain. The chain, ‘Indian Republic’, sells ready-made garments. It is planned to make it a 300-store chain by March 2015. Initially, ‘Indian Republic’ offers menswear but promises to launch womenswear soon. “NTC today is positioned to provide best textile products starting with menswear range without compromising on quality and fashion. The initiative is being undertaken t…

Zippo opens Tianjin store

American lighter brand Zippo has opened a new Chinese flagship store – in Tianjin. The store also sells Zippo branded apparel, a new market category that the famous brand is moving into to capitalise on its brand power in an era when fewer people are using cigarette lighters. Given the success of its first apparel store in Qingdao, the brand is very positive about the new store, saying that China will account 30 per cent of its total revenue within the next few years -up from 15 per cent c…

Bossini cautious despite profit

Bossini’s profit for the year to June rose to HK$22 million (US$2.8 million) from HK$16 million (US$2.06 million) in 2012. Despite the profit rise, the Hong Kong retailer says it remains cautious as it expects challenges for the apparel retailing industry to continue. “The financial year 2013/14 continues to be challenging with adverse dynamics in the apparel retailing industry,” said CEO Edmund Mak. The company’s revenue declined from HK$2.7 billion in 2012 to HK$2.5 billion while gros…

Indian apparel retailers embracing web

E-commerce adoption is increasing among organised apparel retailers.

China remains top apparel market

China once again leads the AT Kearney Retail Apparel Index.

Zippo gets ambitious in China

US-based lighter icon plans more stores in China.