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This Year, The Total Online Retail Sales Of Shoes And Clothing Can Reach US $360 Billion.

2014/11/10 10:52:00 27

FootwearInternetRetail

According to the latest global market survey data released by Euromonitor, the retail industry in Europe has increased steadily in 2014, benefiting from the economic rebound in Western Europe, with a 5.3% increase, of which the total retail sales of shoes and clothing can reach US $360 billion.

   although Retail sales in Western Europe have recorded the highest growth rate since 2008, but the Eastern European retail market has lost 6% of its economy due to Russia and Ukraine.

Research data show that from 2014 to 2019, retail sales of global 1/3 will come from China.

With the growth of Nigeria's middle class and increased disposable income, its domestic retail sales are expected to grow at a compound growth rate of 10.9% in 2019.

Last year, Latin America The Middle East and Africa have become the most active retail market in the world, with retail sales exceeding 12%. Shoes and clothing are considered to be the hottest products of online retailing, and this year's total volume is expected to reach US $360 billion.

WAL-MART, Carrefour and Seven & I continue to be the top three retailers in the world, because Tesco's market share slipped, and the fourth place gave Schwarz Beteiligungs..

Among the top 15 retailers in the world, Amazon and Alibaba's Taobao are the only online retailers.

Emerging market Driven by strong growth in developed markets, online retail will account for 1/3 of global retail sales. Mobile terminal retail will account for 32% of online retail sales in 2019, up from the current 18%. Euromonitor international forecasts that by 2019, Internet retail will grow at a compound growth rate of 15% to reach US $1 trillion and 700 billion. Multi-channel operation will become the focus of retailers' growth.

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