Following the findings of a a research on emerging markets, China leads the pack, followed by UAE and Kuwait, where there is a boom of sophisticated consumer base with high levels of disposable income and fashion awareness. A.T. Kearney’s 2011 Retail Apparel Index finds China is most attractive emerging market, followed by U.A.E. and Kuwait. Key factors driving retail growth in Kuwait are a favourable long-term economic outlook, a sophisticated consumer base with high levels of disposable income and fashion awareness , more women entering the 
workforce, and a significant expansion in retail real estate. China ranks as the most attractive emerging market for apparel retailers according to a study by management consulting firm A.T. Kearney. Its first place ranking was driven by the country’s large population and the growing disposable income of the middle class. With its compound annual growth rate of more than 20 per cent in recent years, apparel retail in China has grown at a rapid pace, and this trend is expected to continue for the next five years. “Retail formats in China are diversifying beyond traditional department stores. Chinese consumers are beginning to shop at venues such as hyper markets, specialty stores, outlets, and discount stores and online,” said to CPI Financial Hana Ben-Shabat, a partner with A.T. Kearney and co-leader of the study. Foreign companies, including luxury brands, are aggressively entering the market. American clothing retailer Gap, Inc., opened stores in Beijing and Shanghai in late 2010. PVH Apparel Group also entered China with its IZOD brand and plans to open 3,000 stores over the next five years. Italian retailer RDM announced an investment of $910 million to set up five Italian-style luxury outlet centers in China. Read Full: China, UAE & Kuwait the most attractive for retailers - Fashion - news - Fashion News India, jobs, network, apparel, business
