China Jan.Apparel Retail Sales Report Jan.apparel Retail Sales +58.70 Y/Y

摘要

China Jan. -According to Nation Commercial Information Center of China, discretionary spending of apparel products in major depart-ment stores picked up sharply in Jan. 2011, rising by about 58.70 per cent y/y to CNY 26.92 billion. Data tells us that sales growth has been a lot stronger. We’ve seen distinct sales growth in volume of about 38.01 per cent for the Jan. to 60.43 million pieces.Reports from the market suggest that the largest on-year increases in sales in Jan. were seen in children’s wear (+37.42%) and men’s suits re-tailing (+34.86%). Looking further, Jan. sales of women’s apparel prod-ucts increased 26.12% y/y; men’s shirts +21.58%.