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1 billion by 2020. Changes in attitudes and existence of Chinese parents are largely responsible for the growth of this market. Clothing & shoesWhile style and wonder items aren't usually considered to be high-growth markets, there are a few classes which are common with Chinese patrons. These include maternity apparel, baby accessories, and sports clothing. For instance, maternity wear can appeal to the health conscious consumer while baby outfits can appeal to families. One of the tip classes is apparel, which includes both clothing and shoes. The top style marketers in China are mostly home agencies, with only 12 % of these companies having a market capitalization over $1 billion. These retailers come with famous home brands like Adrian Cheng's Chow Tai Fook and Lao Feng Xiang. Other top agents include Fosun, Li-Ning, and Saturday Shoes. The recent financial healing in China has re-opened the door to new alternatives for foreign brands. However, most have did not capitalize on the alternatives as a result of they chose the wrong approach or didn't remember the nuances of the Chinese market.
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06.03.2023