China to overtake US as world’s biggest fashion market

BY CHINA DAILY   China is expected to overtake the United States as the largest fashion market in 2019, according to a report by McKinsey & Company and media outlet The Business of Fashion. The wealth of China’s nearly 1.4 billion people saw rapid increase, creating new consumer groups who have capacity to spend on sports, entertainment, clothes and shoes, news website Quartz reported, adding … Continue reading China to overtake US as world’s biggest fashion market