"Footwear in China" Is Now Available at Fast Market Research
Similar to 2011, footwear in China witnessed stable retail volume growth of 7% in 2012, largely due to the rigid replacement demand combined with demand for better products. With retail volume growing steadily, value sales registered a corresponding growth of 12% in 2012, down from 13% in 2011. This was negatively impacted by the slowdown of domestic economy as 2012 GDP decreased to 7.8% compared with 9.2% in 2011, indicated by National Bureau of Statistics of China. With decreasing economic...
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