New Market Report Now Available: Apparel and Footwear Specialist Retailers in New Zealand
Conditions remained difficult for apparel specialist retailers in New Zealand during 2013. Both outlet and selling space growth was negative, however value sales grew by a 2% to reach NZ$3 billion. Apparel specialist retailers was negatively impacted by internet retailing, which surged by 17% to reach NZ$1.1 billion in 2013. Consumers continued to visit stores to try on garments but increasingly turned to the online channel to find the cheapest deal.
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