China: analysts warn of slowest growth in shoe sales in years

24/05/2016
Footwear and clothing sales for the month of March 2016 in the domestic market in China grew by 4% year on year. Analysts said this was lowest growth rate for shoe and apparel sales in recent years; the rate in January and February this year was 8%.

However, online sales in this category achieved an annual growth rate of 30% in March.