The Russian Apparel Accessories Market Will Fully Recover In 2012.

Russia's business consulting website reported on November 2nd that before the outbreak of the economic crisis, the clothing accessories market was one of the fastest growing markets in Russia.

The factors contributing to the dynamic development of the market include: clothing accessories are widely used in daily life, the vitality of the clothing market is increasing, the purchasing power of residents has increased, and a large number of large world businesses such as Diva, Accessorize, Claire, s, InessM.PARIS, GUESS Accessories have entered the Russian Ross market.

In 2008, the growth rate of Russia's clothing and accessories market slowed by nearly 1/2 under the influence of the global economic crisis.

In 2009, sales in dollar terms decreased significantly, and because of the exchange rate differences, the ruble computing market did not shrink, which is very important for Russia's clothing accessories market, because, according to various estimates, imports accounted for 65-90% in the Russian market.

Sales declined in 2010 and sales increased by 15% in dollar terms.

The global financial crisis has not only affected the sales of clothing accessories, but also affected the competitive situation in the market.

Many retailers have less store revenue.

Czech's Jablonex and Pur-Pur retail networks have two major businesses withdrawing from the market.

One of the latest trends in the fashion accessories market will be the redistribution of market share.

The entire clothing accessories market will be fully restored in 2012, when consumption will increase to near pre crisis speed.