Recent Study: Apparel and Footwear Specialist Retailers in Egypt
The rise in disposable income among lower-to-middle-class consumers continued to boost sales of apparel and footwear specialist retailers. Many retailers continued to make strong investments to expand the number of their outlets nationwide and become more competitive. Knowing that this retail channel is a good source of growth, some companies are diversifying, investing in developing their own non-apparel portfolios. For example, Lojas Renner SA has developed a beauty and personal care line, Alchemia, to increase sales and attract more consumers....
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