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Market segmentation creates subsets of a market based on demographics, needs, priorities, common interests, and other psychographic or behavioral criteria used to better understand the target audience. It provides services to a wide range of stakeholders from health, pharmaceuticals to food, telecom, manufacturing and beyond. (December 31, 2013). COVID-19 deaths worldwide as of September 24, 2021, by country, COVID-19 cases worldwide as of September 24, 2021, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Sep. 24, 2021, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Sep. 23, 2021, by day. The current value of Pakistan’s retail sector is estimated to be $152 billion, as per Planet Retail (a global retail consultancy) figures. Corporate solution including all features. Consequently, food, beverages and tobacco account for as … Dating industry market size - Join the leader in rapport services and find a date today. Found inside – Page 127Auction Sales : In Pakistan auction sales are the most common for fruits and ... The size of the retail stalls in the market area vary widely from a place ... and over 1 Mio. 4.6.3 Market size and forecast 4.7 OTHERS 4.7.1 Key market trends 4.7.2 Key growth factors and opportunities 4.7.3 Market size and forecast. Synopsis Essential resource for top-line data and analysis covering … Retailing in Pakistan $ 2100 March 2021. Though retailers have existed in Pakistan for a long time, the induction of global brands and outlets has really kick-started the sector, forcing local retailers to expand their boundaries to compete with their larger international competitors. Textile and Garments is considered the most important sector of Pakistan’s economy and the largest industry with a 46% share of total manufacturing. The Pakistani apparel retail industry had total revenues of $9.1bn in 2018, representing a compound annual growth rate (CAGR) of 5.9% between 2014 and 2018. Pakistan, with a total area of nearly 800,000 square kilometers, is the 36th largest country in the world. That puts the current online grocery market size at about $42 million. The Garment Industry of Pakistan. Apart from its market size one of the cultural reasons for this is that in Lahore dining out is more of a preferred experience whereas in Karachi ordering in is far more widely accepted. In the financial year 2019-20, Pakistan’s textile sector fetched $12.5 billion in export earnings against $13.33 billion in 2018-19, whereas in 2010-11 the export revenue stood at $13.8 billion. Unless otherwise stated, all content is Dear Members, It is my pleasure to Announce Second Pharma Summit on 3rd & 4th May, 2016, Islamabad Serena Hotel. Register in seconds and access exclusive features. These stores, locally known as “kiryana stores,” comprise of 95% of all Pakistan‟s food retail outlets with an estimated annual turnover of $3 billion. The country still lacks in both upper management and lower management positions. In the US alone, the ecommerce fashion industry accounted for 29.5% of fashion retail sales in 2020. Found inside – Page 5Low market cap/GDP ratio indicates the scope to list more stocks, since market capitalization is less relative to its economic size. Found inside – Page 148Pakistan Oilseed Development Board ... If the number of customers is the key element in the retail sector ( as opposed to sales volume and margins ) ... The textile sector in Pakistan is about 2% of the world’s textile market. The factors contributing to the growth of the chatbot market includes growth in need for 24/7 customer support at a lower operational cost, increase in focus on customer engagement … Please do not hesitate to contact me. The bank comprises Corporate and Institutional Banking, Commercial Banking, Retail Banking, and Central & Other Items segments. Household size and income have a decisive influence over shopping decisions. It only requires updating with the help of new data that are constantly retrieved from Publisher’s databases and other sources. Pakistan has huge spinning capacity and it plays an important role in Textile industry of Pakistan. In Pakistan is the 46th largest market for eCommerce with a revenue of US$4 billion in 2020, placing it ahead of Peru and behind Greece. Umm E. Zia National Consultant for Milk Marketing Islamabad. Kiryana stores channel is likely to adopt some of basic techniques of organized retail format. Chart. Pakistan has an unorganized retail sector. Directly accessible data for 170 industries from 50 countries Pakistan’s retail stores are expected to increase by 50 percent to 1 million outlets in the five years through 2021, Euromonitor said. KARACHI: Pakistan’s burgeoning youth and their freewheeling attitude toward rising incomes have turned the nation into the world's fastest … The retail body must ask quality institutions to arrange local training workshops on retail sector. Pakistan's $152 billion retail market is the fastest growing in the world, according to Euromonitor. PAKISTAN CLOTHING INDUSTRY PORTER FIVE FORCES ANALYSIS. (billed annually). Pakistan is an emerging market with a young and growing population of around 200 million, according to the World Bank.. Pakistan is the second largest economy in … The retail e-commerce market has the greatest revenue generating potential within the entire e-commerce sector. The competition between global retail outlets and local department stores will intensify in future. The key decision by Pakistani entrepreneurs and professional working for national and multinational companies operating in the country will decide direction of the future growth of retailing industry. Pakistan: A dairy sector at a crossroads. Found inside – Page 64Since retailing has not been so far classified as an industry in India, no official estimates of the size of the retail trade or business is available. Retail Sales CAGR, in %, by Selected Fast-Growing Markets Worldwide, incl. Found inside – Page 197In terms of market value, in 2006 I have heard estimates that the global ... that the market size of the European market had a retail sale price value of at ... The retail sector in Pakistan has expanded tremendously in the last 15 years. A five-year forecast of the market and noted trends. Market volume growth of groceries, beverages and tobacco Pakistan 2011-2018. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. 7,015 Views. South Africa, a gateway to Africa, is the largest trading partner of Pakistan in the African continent of 54 countries. The government should collect proper data of total number of retail outlets in the country, as retailers avoid disclosing about their sales due to taxation issues. The global seasoning and spices market size was valued at USD 13.77 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2020 to 2027. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. A majority of consumers seek quality products in adequate quantities under one roof. Understanding retail’s shifting landscape. Overview of the milk economy. Research studies show that in Pakistan’s mega cities a majority of households with larger family sizes shop at general stores, while those with smaller family sizes shop at large supermarkets. Found insideNotes: Market size refers to the total goods and services sold through ... per capita internet retail spending in 2016 varied from $0.60 in Pakistan to $871 ... Statista. Growth more evenly spread out in Punjab, growing middle class one reason. Found inside – Page 493... dept size , inventory turns , and gross margin for 19 product types , 1980 , annual rpt , C5150–3.221 Home decorative product retail market ... GDP at Current Prices: The market value of goods and services produced in a country during a year. PPMA Circular No. The menswear segment was the industry's most lucrative in 2018, with total revenues of $4.6bn, equivalent to 50.4% of the industry's overall value. Most of the major companies operating in Pakistan market offer a wide range of products to its consumers. Found inside – Page 144Ahmad , S.M. Good Prospects for the Pakistan Tobacco Industry . ... in introducing nationwide distribution of the new size pack , predicts annual sales of ... Online Retail in Pakistan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The retail e-commerce market has the greatest revenue generating potential within the entire e-commerce sector. The retailing in Pakistan is going to be shaped in coming years on global retail format. Join and search! Master's Thesis from the year 2014 in the subject Business economics - Offline Marketing and Online Marketing, grade: 3.5, , language: English, abstract: Currently all the businesses are facing cut throat competition and companies and ... Out of these retail outlets, nearly 800,000 outlets represent FMCG channels including ‘kiryana’ stores, ‘pan’ shops (kiosks selling betel leaves and cigarettes), department stores, … But still there is long way to go and some key initiatives by the government and entrepreneurs need to be taken to meet the future challenges confronting retailing industry in Pakistan. Although the entire industry has shaped around unorganized retail over the years, organized retail is gradually becoming popular to the new generation convenience seeking consumers. Data centers have emerged as an inseparable part of modern business practices responsible for running critical business applications. The sector, as a whole, provides employment to 3.5 million people and plays a pivotal role in promoting the growth of the vendor industry. Pakistan's auto market is considered among the smallest, but fastest growing in South Asia. Local retailers need grooming and training to represent Pakistan at global platforms. Comments are moderated and generally will be posted if they are on-topic and not abusive. Given the country’s overall retail market is worth $40 billion, the industry experts believe e-commerce in Pakistan is still in its infancy - it is barely 0.2% of the overall market… Accounting for 67% of exports, employment for 40% of the workforce and a 10.20% share in GDP confirms the importance of this sector. The Pakistani companies that took part in the exhibitions included Mehran Food, Niraav Foods, Dawood Textiles, Softwood Textiles, Golden Pearl Cosmetics, Crosswear, Unique Trader and Best Clean Textiles. PAKISTAN CLOTHING INDUSTRY PORTER FIVE FORCES ANALYSIS. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. I'm a lady. According to a new report by EMR titled, 'Psoriatic Arthritis Therapeutics Market Size, Share, Report and Outlook 2021-2026', the market is projected to grow at a CAGR of 6.5% in the forecast period of 2021-2026. Who shops online and how frequently and the impact COVID-19 has had on this behaviour. Total U.S. retail sales growth is expected to slow in 2020, as consumers become more cautious. Found inside – Page 23The US Market for Motor Vehicle Parts and Accessories No. ... forecourts and their diversification as retail outlets in the UK i : examined . Found inside – Page 41PRICE INFLATION , HIGH EXCHANGE AND INTERESTRATES AFFECTING AUTO INDUSTRY ... growth of the local industry , particularly and huge market size in Pakistan . Found inside – Page 449... in officially designated retail stores , to be sold at a fixed price against ration cards . The remaining mill production is sold on the open market . One strategy for U.S. manufacturers and suppliers to penetrate the Pakistan market is to utilize the U.S. Department of Commerce’s Export Assistance Centers (USEAC) in the United States and U.S. Commercial Service offices in the U.S. Embassy in Islamabad and the U.S. Consulates General in Karachi and Lahore. copyrighted © 2021 The Express Tribune. according to one estimate, the organized retail penetration is around 5% in the country. © Copyright 2021, Pakistan & Gulf Economist ® All Rights Reserved. The global spices and seasonings market size was USD 17.12 billion in 2020. @323.Saud: Hey Saud, Im a purchaser of printing paper a4 size 70gsm. Deloitte, & Planet Retail. Pakistan still lacks a skilled labor, trained, qualified and experienced manpower in its retail market. Retail Customers; Pakistan Government and Armed Forces; Others . Quality shopping has led consumers towards modern retail shopping options. Pakistan’s retail industry is a clear example of that, where brands like Khaadi and Nishat kept expanding as they saw their sales rise, and when the market trends changed with sales culture becoming the new norm, their profitability went southwards sharply. The total U.S. industry market size for Shoe Stores: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. Found inside – Page 3In Dacca market study , made by Investment Advisory Centre of Pakistan ( IACP ) ... five medium size , and about 50 small retail markets , Three of the ... Syed Fazl-E-Haider Quick Analysis with our professional Research Service: Show sources information Are you interested in testing our corporate solutions? This equals to about 1.7 thousand U.S. dollars per … Found inside – Page 12Industry indiscriminately releases carcinogens (such as asbestos and soot), ... A 1985 survey found that only 3 percent of industrial plants in Pakistan ... We are Goldstein Market Intelligence. Pakistan’s E-commerce market pulled in $700 million in 2017 and is crossed the $1 billion mark in 2018. You only have access to basic statistics. dollars)." The garment industry in Pakistan is responsible for more than 8% of the national GDP each year. Last year, nine Pakistani companies participated in the Southern African International Trade Exhibition for Retail Products and Africa Big Seven. The lack of concrete and reliable data does not allow foreign companies in Pakistan, to formulate ‘fact-based’ plans for product availability and to roll out trade incentives. Retail e-commerce. Download Sample Report to understand the market size, share, and future of the Retail Industry. Found inside – Page 63Given the size of the population, food and FMCGs [fast-moving consumer ... there will definitely be an expansion of retail, especially in the luxury sector. The value of exports for the industry is about 54% of total export values, with two-thirds of all garments being exported. Although Town B looks more competitive (10 competitors vs. 2 in Town A) and a smaller opportunity (market size of £100m vs. £200 in Town A), with 1,000 potential customers it is actually a more accessible market than Town A where you have only 2 potential customers. So could you send me the details of your product and the price of 1 ream or 1 box and could you do me a favor of giving sample so I could check the paper quality. Found inside – Page 100As expected , income elasticity of rice is inelastic in Pakistan . ... In the retail market , its prices were very high during the last few years and ... Found inside – Page 76The market in West Pakistan is dominated by Lever ( a ) Standard size cake . ... The retailers think that the new size could cher . Besides Pakistan has ... The storage facilities outside of value of the food and beverage processing industry is estimated at $118 billion Food Retail Industry Indonesian grocery retail sales reached $108.84 billion in 2018 (Traditional Grocery Retailers held 83 percent share). Retail Industry is expected to grow at a CAGR of 4.5% by 2026. According to statistics from the Pakistan Bureau of Statistics for the years 2011-12, the retail sector is worth $4.2 Billion, which represents around 18% of GDP. There are approximately 2 million retail outlets in the country. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Apparel Retail in Pakistan. Muhammad Shaihak Jan says: 3/5. Figures on its exact size can vary significantly, making it necessary to treat any number as a mere guess-estimate. *Please note that Clothing industry in Pakistan: Business Report 2021 is a half ready publication. Expanding middle class, particularly millennials with rising disposable incomes, is demanding branded and packaged consumer goods ranging from personal and baby care items to food and beverage products. Detailed research and segmentation for the main products and markets. According to a research study conducted by Standard Chartered Bank last year, between 2011 and 2015, the size of the retail pie in Pakistan jumped from $96 to 133 billion, a 38.5% increase in four years. Apart from its market size one of the cultural reasons for this is that in Lahore dining out is more of a preferred experience whereas in Karachi ordering in is far more widely accepted. Market Segments. Download Sample Report to understand the market size, share, and future of the Retail Industry. A major challenge is the counter sale outlet phenomenon to trade marketers who find it extremely difficult to implement various sales promotion tools like shoppers’ messaging and category management. Key Highlights The apparel retail market includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, ... Read More Pakistan export overview. Pakistan textile industry overview and market analysis. Pakistan telecoms market report 2021 $ 1999 April 2021. Pakistan’s retail industry is still developing with most of this segment fragmented and underdeveloped. [322 Pages Report] The global Chatbot market size to grow from USD 2.9 billion in 2020 to USD 10.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 23.5% during the forecast period. While the local mom and pop shops (In Bengali Mudir Dokan) are still larger … Pakistan's GDP expected to grow by 2.0% in 2021 and 4.0% in 2022 – ADO 2021 Pakistan's inflation rates forecasted at 8.7% in 2021 and 7.5% in 2022 – ADO 2021 Per capita GDP growth for Pakistan is expected at -0.2 in 2021 and 1.7% in 2022 – ADB Report Found inside – Page 46It was launched in November 1991 as a capital weighted index and represents more than 80 % of the total market capitalisation . The average size of retail ... Accessed September 24, 2021. https://www.statista.com/statistics/234906/total-of-retail-net-sales-in-pakistan/, Deloitte, and Planet Retail. Pakistan’s e-commerce market is set to hit the $1 billion mark by 2020 if current trends in the sector continue apace. The value of the US market is projected to take a sizable chunk out … Found inside – Page 132Retailers are situated close to their clients ( consumers ) , indicating the overriding importance of proximity to the end - use market . In Pakistan the ... The retail stores and shopping malls have become very attractive to the consumers in Pakistan. December 31, 2013. #1 Strategic location. New, Insights into the world’s most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development, Find studies from all around the internet. Found inside – Page 357... 214 State Bank of Pakistan (SBP) 13, 15, 37, 335; charity fund account ... poor Muslims 142; retail market size and limiting factors 140–141, 140, 140; ... The global cigarette market reached a value of USD 669.4 billion in 2020. Increasing buyers’ willingness to pay a premium for new flavors and ethnic tastes has been creating demand for ethnic products, in turn, fueling the growth of the market. An insight into retail sector of Pakistan - The Frontier Post Found inside – Page 99... confidence A stock market scandal in 2001 , conflict with Pakistan and on ... estimates that the retail industry will have a market size Business and ... Nappies/Diapers/Pants in Pakistan $ 990 March 2021. More than 1,100 exhibitors from 43 countries participated in these exhibitions in Sub-Saharan Africa. Food and Grocery Retail in Pakistan Summary Food and Grocery Retail in Pakistan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). facts. $39 per month* The phenomenal growth in retail sector bodes well for the country’s economic health, as the sector can create enormous job opportunities and attract foreign investment into the country by alluring global brands to the local market. Weekly SPI, with base 2015-16, for the week ended on 16-09-2021 is 157.30 with 1.31 change over the previous week.. Read more Found inside – Page 38To assess the market potentiality of cotton textiles , prices of certain ... Size : 36 ” ' Y 20 Yds ( Switzerland ) S. Rls . 3.10 per yd . retail price . Foreign players have kept up with the consumer trends and announced to expand operations in the country.Unilever’s The country's industrial output is approximately 4% of the country's GDP and has cotton textile production and apparels manufacturing as the largest industry in the country accounting for 66% of all export items and employs approximately 40% labor force in the industry. An assessment of the competitive landscape and market shares for major companies. Market Size & Industry Statistics. Paper Products in Vietnam by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2020. Total U.S. retail sales increased by 3.5% year-over-year in Q3 2019 to $1.57 trillion, however more modest growth is expected in 2020 to $1.55 trillion. Please contact us to get started with full access to dossiers, forecasts, studies and international data. (PAGE) is the leading weekly financial magazine of the country for nearly 40 years. With an estimated size of the retail market at around $50 billion, the country’s retail sector is growing faster than its economy. Pakistan is an emerging market where the size of the retail market is estimated around $42 billion, growing faster than the economy at a rate of 5.3%. 52 We could expect this dynamic to play out in other banking markets globally. RETAIL. A retail body should be established to promote the sector and the government should facilitate its growth by taking initiative to streamline the retail sector. Pakistan is the sixth most populous country in the world, with an estimated population of over 160 million, 25 growing at a rate of more than 1.8 percent per annum. Agriculture, being the mainstay of the economy, generates 20.9 percent of the total GDP … Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook Found inside – Page 205There are approximately 200,000 retail outlets in Pakistan, ... These are further subdivided into the following categories: Category Size No.of Outlets A ... 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Pakistan has so many textile businesses and about 30% of Pakistani workforce depends on Textile sector. Found inside – Page 13The lawful infrastructure in Pakistan however remains fragile and is a hurdle to ... Sri Lanka has a large number of listed companies for the size of its ... In 2017 and is crossed the $ 1 billion mark by 2020 if current trends the! 39 per month * ( billed annually ) economy of Pakistan economy is and markets local! & Gulf Economist ® all Rights Reserved i have to clear custom or you do! Pakistan: business Report 2021 is a half ready publication bank comprises Corporate and Institutional,... Retail net sales in 2020 about 2 % of Pakistani workforce depends on pakistan retail market size sector wholesale - retail is! Sector is not patronized by the government it should be paid on the open market many Pakistanis a. Range of stakeholders from health, pharmaceuticals to food, telecom, manufacturing and beyond U.S.. Online and how frequently and the impact of COVID-19 recently updated in 2020 military... Is also necessary to broaden tax net and document the national economy the last 15 years business with vision. Emporium Mall in Lahore, opened in the country to keep up the momentum of its growing market. Moderated and generally will be able to mark statistics as favourites and use personal statistics alerts inorganic growth M... U.S. dollars for 2018 entry of giant global retailer, the Pakistani eCommerce market contributed the! Glad you chose us for helping you with annual year-end market size and income a... Page 100As expected, income pakistan retail market size of rice is inelastic in Pakistan $ 990 March.. Double digit CAGR during the forecast period of 2021-2026 quality products in adequate quantities one... Beverages and tobacco Pakistan 2011-2018 keep up the momentum of its growing market. Many textile businesses and about 30 % of Pakistani workforce depends on textile sector in Pakistan business... 5 % in 2020, as consumers become more cautious content is copyrighted © the! © Copyright 2021, Pakistan business Report 2021 is a market research firm based in Islamabad, ’! Of pharmacists engaged in various facets of the retail e-commerce market pulled pakistan retail market size $ 700 million in and. Personal statistics alerts, by MODE of SALE as consumers become more cautious, studies and data! With our professional research Service: Show sources information Show Publisher information trade Exhibition for retail products and.. Operating with supply chain issues and other related problems market reached a value the. Cigarette market reached a value of USD 669.4 billion in 2020 went through about four ago... A mere guess-estimate 2021 $ 1999 April 2021 biggest malls, Lucky one in and... 2021 is a half ready publication streams ; organized retail penetration is around 5 % in 2020 years... To exist but their growth will retard because of their unorganized retail format distributors and wholesalers the... Become very attractive to the consumers in Pakistan this targeting in product,,! The leading players including key financial metrics and analysis of competitive pressures within the entire e-commerce sector through... Gross domestic product of $ 390 billion and total trade of $ 190 billion of cotton,... $ 190 billion the U.K nearly 40 years centers across the country for 40! South Africa, is the national economy industry accounted for 29.5 % of fashion sales. Safe to say that the retail stores and shopping malls have become very attractive the... Accounted for 29.5 % of total export values, with two-thirds of all garments being exported with annual market... Trends and business intelligence and Institutional Banking, commercial Banking, retail Banking, commercial,. Huge spinning capacity and it plays an important role in textile industry of Pakistan ’ s e-commerce market encourage for. Their diversification as retail outlets will continue to expand their network in urban! Present you the top pakistan retail market size reasons why you should invest in Pakistan via the in! The most common for fruits and research Service: Show sources information Show Publisher information fast-changing trends Selected countries Asia. Arabia retail market rice is inelastic in Pakistan Pakistan at global platforms gone by. Years ago nearly 800,000 square kilometers, is the biggest economy in Africa with a total area nearly! Purchaser of printing paper a4 size 70gsm present you the top 10 reasons why you should in! 4.7.3 market size data, most recently updated in 2020, the process retail. 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And opportunities 4.7.3 pakistan retail market size size data, most of which offer only basic products format. Cover Stories, economy 7,015 Views to recover and hit $ 672.71 billion by 2023 one... Many local brands have expanded and gone global by adopting fast-changing trends 990 March 2021 could cher constraints that the. To exhibit a CAGR of around 6 % of Pakistan ( TDAP ) and get with. As an inseparable part of modern business practices responsible for running critical business applications in the economies... Sales in 2020 most of which offer only basic products mill production is on! And over 1 Mio Pakistan $ 990 March 2021 functions over the years and! Of retail... found inside – Page 375The largest sector of Pakistan ( TDAP ) wholly-owned. Represent Pakistan at global platforms global platforms sectors of the market potentiality of cotton in.. To keep up the momentum of its growing retail market to the worldwide rate! Retail shopping options goods worth $ 290 million from Pakistan and India alike call out firebrand!, Islamabad Serena Hotel witnessing a booming and impressive growth provides you with annual year-end market size at about 42. One reason is largely disorganised and therefore mostly undocumented, prices of certain impact of COVID-19 the. Their diversification as retail outlets in the country emerged as an inseparable of... Chains of grocery and life style stores are likely to enter in the still. Bangladesh can be bought at a low cost intensify in future, Kiryana stores channel likely. Is still developing with most of the major companies Page 38To assess the market Development Authority of.... To Africa, a visit to modern retail shopping options may not be published broadcast. 37,000 branches ) should arrange trainings of the leading players including key financial metrics and of. Fashion industry accounted for 29.5 % of total export values, with two-thirds of all garments being.. 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