According to Customs statistics, high-grade clothing imports by Wenzhou City reached US $9.1969 million in first half of this year, an increase of 79 percent over the same time last year.
These high-grade clothing imports mainly include European fashion brands, such as Armani, BOSS, Crocodile and so on.
According to analysis, high-end garment import of Wenzhou is rising quickly, mainly due to the rapid economic development and the improved living standards in the recent times.
The per capita disposable income of urban residents in Wenham City last year was more than 20,000 yuan. Social expenditure has now shifted towards entertainment and development, creating an healthy market environment for niche clothing.
Industry insiders estimate that with the continuing development of steady economic growth and strong yuan, high-end clothing will soon enter golden period in domestic market.
Fibre2fashion, News Desk - China
marketing@alchempro.com
