The global economic crisis

In 2008, the global economic crisis, Russia's costume jewelry market growth slowed down nearly half. In 2009, sales in dollar terms decreased, but due to exchange rate difference, does not reduce the computing market with rubles, and that the clothing accessories market in Russia is very important because, according to various estimates, imported products in the Russian market accounted for 65-90% on. 2010 sales were down to stop the momentum, sales in dollars increased by 15%.
The global financial crisis not only affected the sale of clothing accessories, but also affect the competitive situation on the market. Many retailers' stores revenue. Czech Jablonex companies and Pur-Pur two large retail network business out of the market.
Clothing accessories one of the latest trends in the market's recent market share will be reallocated. The clothing accessories market will fully recover in 2012, when consumption will grow to almost pre-crisis rate.
Recently, the Italian Fondazione Altagamma the global luxury goods industry were investigated. Analysis shows that in 2011, the world's personal luxury goods (including clothing, accessories, jewelry, watches and cosmetics) will create a turnover of 191 billion euros, up 10%, making the industry prospects for 2012, largely due to the "Golden BRIC "contribution to the industry. 2011, the luxury goods industry in China will achieve only 9.6 billion euros in revenue, an increase will reach 35%.
Globally, the United States after two years of downturn, the strong growth in 2011 will be 15%, to 48.1 billion euros of turnover accounted for the top spot in the world luxury goods market, Japan will total 18.1 billion euros home second place. Italy will be the total value of € 17.5 billion ranked third.
From the tax for the whole of Europe Group GlobleBlue data show that in 2011, the European luxury goods sales will achieve 24 billion euros of the total, up to reach 26%. The group responsible person, "BRIC" (BRIC) economic growth in the luxury goods industry has a huge contribution, of which Brazil is the fifth largest tax market, consumption is mainly concentrated in the clothing, accessories and jewelry, the growth of 53%.
From the four Swedish company representatives plan to visit Ethiopia's textile factories. The delegation will visit factories in Addis Ababa and Tigre, from November 2 to begin three-day visit.
The Swedish delegation will visit factories in Ethiopia, to find textile suppliers, purchasing cotton, is responsible for the Swedish travel trade organization Responsify main Ximadelin. Rosberg said.
Part of the Swedish company has been involved in all stages of the textile industry, from cotton to clothing apparel, from fabric to make the final purchase of clothing, Madeleine said.