China is poised to replace Japan as the world's second-largest retail market by 2012, even as inflation slows some momentum from the consumer giant, a new report by TNS Retail Forward said.
Fashion is set to be a cornerstone of that growth, with homegrown and international names looking to tap into the market. By 2012, apparel and footwear sales are expected to reach $214 billion, a 71.2 percent rise from $125 billion last year, according to the study "Strategic Focus — China's Retail Landscape."
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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