clothing

China consumer spending outlook 2024; return to pre-covid19 level in 2021

November 17, 2020 By CIW Team

Six out of ten Chinese urban consumers (56%) want to live a happy family life; 46% of Chinese pursue a healthy lifestyle. According to the survey of Mintel, 39 percent of Chinese urban consumers want to travel.

Rising consumption power of China’s small town youth, part 2

February 18, 2020 By CIW Team

Down-to-earth new small-town youths are also pursuing progress. They are down-to-earth in pursuit of stability and happiness; at the same time, they are constantly demanding self-improvement. They achieve self-improvement in many ways in order to win greater social recognition. Read Part 1 here. You can download CIW eBook: Small Town Youth, New Growth Engine in […]

Rising consumption power of China’s small town youth, part 1

February 12, 2020 By CIW Team

The average monthly disposable income of new small-town youths is 3,730 yuan, compared with 5,401 yuan of young people in China’s first and second-tier cities (“top tier cities”) according to a research report by Tencent. You can download CIW eBook: Small Town Youth, New Growth Engine in China Although there is a gap in income […]

70% of Uniqlo overseas revenues generated from China and set to open 1,000 stores by 2021

August 7, 2018 By CIW Team

The Fast Retailing Group generated rises in both revenue and profit in the first nine months of fiscal 2018 from 1 September 2017 to 31 May 2018. Consolidated revenue totaled ¥1.7041 trillion Japanese yen (US$15.66 billion), up by 15.3% year-on-year and operating profit reached ¥238.8 billion, increased by 32.3% year-on-year. The profit attributable to owners […]

[REPORT] Chinese consumer upgrades in strong demand

September 5, 2017 By CIW Team

The young generation is taking on-demand consumption, asset-light lifestyle. Recently, the market research and consulting firm Mintel released the ‘2017 China consumer’ report. Research shows that Chinese consumers are in the lifestyle upgrade, healthier, more eager to experience a sense of leisure life, but more rational consumption. The young generation is taking on-demand consumption, asset-light […]

China online retail grew by 31.9% to exceed US$124 bn in Jan & Feb 2017

March 17, 2017 By CIW Team

In the first two months of 2017, the total retail sales of consumer goods in China reached RMB 5,796.0 billion (US$840.3 bn), up by 9.5% year-on-year (nominal growth rate. The real growth rate was 8.1%) according to National Bureau of Statistics of China.

China retail consumer goods market overview Nov 2016

December 15, 2016 By CIW Team

The total retail sales of consumer goods in China reached 3,095.9 billion yuan (US$448.36 billion) in November 2016, up by 10.8% YoY according to National Bureau of Statistics of China.

China Apparel Online Shopping Market Overview in H1 2015

November 26, 2015 By CIW Team

Transactions of China’s apparel online shopping market reached 413.05 billion yuan (US$65.08 billion) in H1 2015, including women and men’s clothes and excluding bags, shoes and children’s clothes.

22% Online Shopping Spend Are Newly Created Demand

November 10, 2015 By CIW Team

78% online shopping consumption in China are alternatives to the traditional consumption, and 22% are new demands stimulated by online shopping market in 2014 according to China National Bureau of Statistics. Over 80% online shoppers got satisfied shopping experience.

China’s Top 10 B2C Websites on Weibo in 2014

February 26, 2015 By CIW Team

According to Weibo’s daily influence index, Tmall, OKHQB, and Dangdang performed best on Weibo among 1,613 active Weibo accounts in B2C e-commerce category in 2014. 92% of those active e-commerce Weibo accounts are vertical websites, the most of which is clothing and accessory category. Ranked by daily influence index by Weibo, OKHQB.com is an e-commerce website […]