Apparel Retail Sales Value + 70.0% m/m in Jan. in Shanghai

Shanghai -Jan.2012,According to Shanghai Apparel Association,apparel retail sales volume in Shanghai top 10 department stores was 1.381 million pieces(sets),increasing 28.3% m/m(down 9.2%y/y) by 304,000 pieces(sets). In Jan.2012 apparel products sales value was CNY990 million,increasing 70.0% m/m(down 3.2% y/y) by CNY410 million.Average price in Jan.was CNY719.2/piece(set),up 32.5% m/m,up 6.5% y/y. According to Shanghai Apparel Association,Jan.2012 in Shanghai