Russian clothing market to keep growing - sportstextiles: Lea SportsTextiles

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Russian clothing market to keep growing

19/12/2018
Sports brand adidas is the leading clothing brand in the Russian market, according to a new market intelligence report published by Spanish export promotions agency ICEX.

The ICEX report found that clothing sales in Russia increased by 7.3% in 2017 and will keep growing over the next three years at least. However, it also said that the market is dominated by unbranded or anonymously branded clothing from manufacturers in Asia and that the top 20 recognised brands command only a 17.1% share of the total Russian market at the moment.

ICEX said 80% of garments on sale in Russia are imported but said the government wants this to reduce by at least 5% by 2025.

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