Men's Outerwear in Hong Kong, China - New Study Released
In 2012, men's outerwear recorded value growth of 15%, reaching HK$20 billion. The slower growth in 2012 compared to 2011 was due to the slowdown in the Hong Kong economy. This affected consumer confidence. In addition, as the mainland Chinese shoppers previously drove growth, the slowdown in the Chinese economy also affected 2012's performance.
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