The year twenty thirteen has not been the best of time for apparel retailers. In developed countries the sales remained flat, while emerging economies remained important sources of growth. The BRIC (Brazil, Russia, India, and China) nations remained apparel retail hubs and continue to remain attractive markets for global giant retailers this year too. Along with these, countries like Chile, Uruguay, Kuwait, Mongolia, and Georgia are potential markets with strong development.
In the New Year apparel retailers hope to breathe a sigh of relief with gradually improving markets and economies. The following are some insights and trends online and offline retailers will require following in order to survive and tap potential markets. Apparel brands with global presence need to have sales and offers based on every country's own popular festivals. Hence consumers can soon expect Chinese New Year and Hanukah sales by their favourite international clothing labels too.
In the New Year apparel retailers hope to breathe a sigh of relief with gradually improving markets and economies. The following are some insights and trends online and offline retailers will require following in order to survive and tap potential markets. Apparel brands with global presence need to have sales and offers based on every country's own popular festivals. Hence consumers can soon expect Chinese New Year and Hanukah sales by their favourite international clothing labels too.