The Clothing Retail Market in Russia

The Clothing Retail Market in Russia


November 1, 2011
18 Pages - SKU: TXI6672165
License type:
Online Download      US $520.00
Global Site License      US $3,120.00
Country Wide License      US $1,560.00
Countries covered: Russia

The clothing retail market in Russia is estimated to have been worth Rb1.05 trn (US$35 bn) in 2010—1% more than in the previous year. The increase followed a 9% fall in 2009, from Rb1.1 trn to Rb1.03 trn, which resulted from the global economic downturn. In the first half of 2011, the market stagnated but in 2011 as a whole it is expected to grow by 3-5%. Moreover, there remains a great deal of potential within the Russian market as a number of sectors are strong and are forecast to grow in the upcoming years.

Women’s clothing has the largest share with 55% of the clothing market in value terms, but men’s clothing is the most promising sector with annual growth expected to be about 10% per annum. Even in 2009—which was the most difficult year for the industry—this sector continued to grow.

One of the major features of the Russian clothing retail market is its low concentration. There are about 200 domestic and international clothing brands with a presence in the Russian clothing retail market and the shares of even the largest domestic brands remain insignificant.

In recent years, leading international clothing brands have been able to put competitive pressure on local players and gain a significant share of the Russian clothing retail market. As a result, the retail market remains very attractive for foreign investors—especially those willing to expand into the vast undeveloped regions outside the major cities. However, brands planning to expand independently into the Russian market could encounter serious problems—not least the high levels of corruption and bureaucracy in the country.

In an attempt to strengthen domestic producers and help them to compete with clothing imports, the Russian government has formed a Strategy for Development of Light Industry of Russia until 2020. However, the strategy also addresses a number of other serious issues—such as the large share of counterfeit clothing on the market.



More Apparel Retailing reports by Textiles Intelligence

Trends in World Textile andClothing Trade, January 2013 edition by Textiles Intelligence
This edition in our flagship series of reports contains statistical data, information and insight on global textile and clothing trade. The report identifies key trends ...
Performance Apparel Markets: Business update, 3rd quarter 2012 edition by Textiles Intelligence
This report provides information, analysis and valuable insight on developments relating to the performance apparel industry in the following categories: acquisitions, divestments and mergers; company ...
Global Apparel Markets: Business Update, 2nd quarter 2012 by Textiles Intelligence
This report provides an update of business news in the following categories: acquisitions, divestments and mergers; corporate social responsibility (CSR); financial results; international trade policy; ...
Global apparel markets: business update, 4th quarter 2011 by Textiles Intelligence
This report provides an update of business news in the following categories: acquisitions, divestments and mergers; corporate social responsibility (CSR); financial results; international trade policy; ...
See all reports like this >>

More Russia Apparel Retailing reports

Clothing, Footwear, Accessories and Luxury Goods Specialists in Russia: Market Snapshot to 2017 by Canadean Ltd
Clothing, Footwear, Accessories and Luxury Goods Specialists in Russia: Market Snapshot to 2017SynopsisCanadean’s, Clothing, Footwear, Accessories and Luxury Goods Specialists in Russia: Market Snapshot to ...
Clothing and Footwear Retailing in Russia: Market Snapshot to 2017 by Canadean Ltd
Clothing and Footwear Retailing in Russia: Market Snapshot to 2017SynopsisCanadean’s, Clothing and Footwear Retailing in Russia: Market Snapshot to 2017 contains detailed historic and forecast ...
Clothing And Footwear Retail Market In Russia 2013 by PMR
Clothing And Footwear Retail Market In Russia 2013 Assess growth in the Russian retail market for C&F and luxury items; Report provides profiles of ...
Apparel Specialist Retailers in Russia by Euromonitor International
Apparel Specialist Retailers in RussiaEconomy and medium price niches for apparel and footwear products were the most demanded in Russia in 2012. Due to low ...
See all reports like this >>

More Russia reports

D&B Country RiskLine Report: The Russian Federation by Dun & Bradstreet Inc.
This D&B Country RiskLine Report will help you analyze the risks, opportunities and likely payment delays when doing business in this country. It includes ...
Spirits - BRIC (Brazil, Russia, India, China) Industry Guide by MarketLine
Spirits - BRIC (Brazil, Russia, India, China) Industry Guide is an essential resource for top-level data and analysis covering the BRIC (Brazil, Russia, India, China) ...
Coal – Russia – a snapshot (2010) by Mintel - Snapshots
Coal in Russia by Mintel Global Market Navigator provides you with annual year-end market size data, most recently updated in 2010. This market covers consumption ...
Wine - BRIC (Brazil, Russia, India, China) Industry Guide by MarketLine
Datamonitor's Wine - BRIC (Brazil, Russia, India, China) Industry Guide is an essential resource for top-level data and analysis covering the BRIC (Brazil, Russia, India, ...
See all reports like this >>