About this document
Norway Apparel Retail Market Overview by Aashu Maheshwari is a document available to read on EtoBox.
Norway has a population of 4.5 million people with a GDP per capita of around $30,100. The economy has grown due to North Sea oil wealth. Consumers spend on average 7.3% of disposable income on clothing and related products, totaling around $2.2 billion annually. Large retail chains account for 70% of the apparel market, having grown in the last decade, while independent retailers dominate higher-end sales. Over 11% of the apparel market is sold through Swedish retailers like H&M and mail order companies. B
- Author
- Aashu Maheshwari
- Language
- EN