SOUTH KOREA: Domestic Fashion Apparel Industry Seen To Grow
South Korea's domestic apparel industry is expected to grow 15.1 per cent this year, maintaining the upward trend that started in the fourth quarter of last year, an analyst said Monday. Hyundai Securities' Im Jeong-hoon said the number of high-income earners who favour high-end fashion apparel has grown, while domestic apparel firms have sharpened competitiveness in terms of product quality and their distribution networks.
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