Malaysian attire retail gross sales strong

The Malaysian attire retail business has posted compound annual progress price of 9.9 per cent between 2010 and 2014.

In accordance with a brand new report the sector achieved complete revenues of US$1.eight billion in 2014.

However one of the best is but to return. The efficiency of the business is forecast to speed up, with an anticipated CAGR of 10.three per cent for the 5 years from 2014 to 2019, which is predicted to drive the business to a worth of $2.9 billion by the top of 2019.

Not surprisingly, the womenswear phase led the best way with complete 2014 revenues of $800 million, equal to 47.5 per cent of the business’s general worth, based on the report.

 

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