Russian clothing and footwear market much room for foreign retailers - February 2008

The Russian clothing, footwear and accessories market (CFA) has significantly advanced in terms of value, but most of all in terms of quality and variety of sales points. As a result of changes in the distribution structure as well as the increase in people’s incomes, the share of medium and higher-priced merchandise in total sales is on the rise. This creates a unique opportunity for quality-merchandise brands to develop. However, it is interesting that while development on the mass market has speeded up only recently, the luxury segment in the country is already quite well established.

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Clothing and footwear retail market in Russia 2008, profiling the lead holdings in the Russian clothing and footwear market. With the consumer spending in Russia looking up, high end fashion retail is receiving increased attention.

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