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June 15, 2025
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Research

China’s apparel market to shrink by $60B this year

May 28, 2020

The apparel market in China will decrease 15% this year, per Oliver Wyman. Image credit: Oliver Wyman The apparel market in China will decrease 15 percent this year, per Oliver Wyman. Image credit: Oliver Wyman

 

By Dianna Dilworth

China’s apparel market is expected to contract by $60 billion, or 15 percent, in 2020 as the store shutdowns during the COVID-19 coronavirus outbreak hampered sales in the category.

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  1. LVMH, Dior sign Paralympic champion Pauline Déroulède to ambassador deal
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  4. L'Oréal to launch #JoinTheRefillMovement campaign
  5. Luxury Unfiltered: When bronzes go bust, and why the art market is collapsing
  6. Valentino Garavani unveils Vain handbag campaign
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