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    Latest News On International Apparel Market

    2013/12/2 9:26:00 32

    ClothingClothing MarketPaction Volume

    < p > < strong > > Russia < /strong > < a > target= > _blank > href= > http://www.91se91.com/ > > strong > dress > /strong > < /a > > > market > steady growth. The volume of pactions in 2015 will be higher.


    < p > according to InfoLine, a famous investment consulting firm in India, by the end of 2015, the total retail sales of Russian clothing market can reach 2 trillion roubles (about 367 billion 734 million yuan).

    < /p >


    < p > according to the data of InfoLine company, the sales volume of Russian clothing market in 2012 was 1 trillion and 400 billion rubles (about 257 billion 414 million yuan).

    By the end of 2013, it will increase to 1 trillion and 700 billion roubles (about 312 billion 574 million yuan).

    It is estimated that by the end of 2015, the total retail sales of Russian clothing market will reach 2 trillion roubles.

    < /p >


    The CEO of P > InfoLine mentioned in Moscow's "2013 fashion retail and distribution forum" that the Russian clothing market still maintained "fairly strong growth momentum", but the sales efficiency and the sales per square meter of the existing stores are declining. Expanding sales space is the main driving force for sales growth.

    Compared with 2011, the growth rate of Russian clothing market slowed down in 2012, but still maintained at a relatively high level.

    According to statistics, the growth rate of clothing market in various regions in Russia ranges from 3% to 6%.

    < /p >


    < p > < strong > Vietnam clothing has great potential for Russian exports < /strong > /p >


    < p > Vietnam country < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > clothing group (Vinatex company) on its website, Vietnam clothing has great potential for export to Russia.

    < /p >


    P Vinatex said Russia is the world's fifth largest economy with nearly 143 million people. Russia is a huge opportunity for Vietnam's clothing exports.

    < /p >


    In 2012, Russia's GDP reached 20150 billion US dollars and its per capita income was US $12000 / year, making Russia the most promising market for Vietnamese textiles in the Nordic region.

    < /p >


    < p > -8 months in January 2013, Vietnam's textile and clothing exports to Russia increased by 5.48% over the same period last year.

    The products mainly include jackets, children's wear, shirts, T-Shirts, trousers, shorts, skirts and so on.

    < /p >


    < p > Vietnamese children's clothing exports to Russia are accelerating, accounting for 11.8% of Vietnam's total textile and clothing exports to Russia in 1-8 months.

    < /p >


    In order to further develop the Russian market, Vietnam's export enterprises must make thorough market research and determine the possibility of long-term cooperation with Russian buyers in order to further develop the P market.

    < /p >


    Vietnamese textile and garment enterprises entering the Russian market will inevitably face more intense competition in quality and price than P.

    < /p >


    In recent years, young people in Russia have become accustomed to spending more money to buy things for themselves. < p >

    Therefore, high quality clothing and beautiful design are usually preferred. Russia no longer likes products that consume more quickly, lower quality and lower prices.

    < /p >


    < p > therefore, enterprises must ensure that the products are of good quality, novel designs, and registered trademarks, which compete with the well-known products already existing in the Russian market, Vinatex said.

    < /p >


    < p > > strong > clothing enterprises in the border area of Mexico must pay 16% VAT < /strong > /p >


    < p > clothing manufacturers in the border area of Mexico must pay 16% of the value-added tax (VAT) from January 1, 2014, compared with 11% of the current value-added tax.

    < /p >


    < p > this is because the Mexico Congress passed the tax reform proposal of President Enrique Pena Nieto (Enrique Pena Nieto), which will reform customs practices and raise the value added tax in the export assembly plants near the United States (known as border processing plants) to 16%.

    < /p >


    P, a processing plant along the US Mexico border, has been enjoying low tax rates for many years, with the aim of increasing the competitiveness of these regions and the US cities, thereby attracting enterprises to Mexico.

    < /p >


    The "P" new regulations mean that the border retail sales tax has also been raised from January 1, 2014 to 16% from the current 11%.

    < /p >


    < p > the new reform will cause trouble to Chinese American clothing manufacturers, who produce garments in the border areas of the United States and Mexico.

    < /p >


    P analysts believe that the US companies operating in the border area may reduce business, but it is impossible to move the factory back to the United States, although President Obama suggested that the US manufacturing industry should be revive and job opportunities brought back to the United States.

    < /p >


    < p > according to the data of CANAIVE or the National Chamber of Commerce < a href= > http://www.91se91.com/news/index_c.asp > clothing industry < /a >, in 2012, there were 8750 garment companies in Mexico.

    < /p >

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