Report Published: "Apparel in Germany"
Apparel in Germany had a challenging year in 2012 due to the prolonged economic downturn with an apparent decline in consumer confidence in late 2012. However, apparel managed to increase in current value terms at the end of the review period, as consumers invested in higher quality garments that they believe will retain longer-term value. This was especially evident as the labour market remained low and the annual disposable income of most Germans grew. Value sales were boosted by...
View full press release