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Sunday, July 24, 2011

Illegal Cheap Chinese Imports Threaten South African Retail

from fin24.........

"The South African clothing industry is seriously concerned about the growth in illegal Chinese imports

Research by the Apparel Manufacturers of South Africa (Amsa) indicates that there are an estimated 6000 informal Chinese shops in the country.

Amsa executive director Johann Baard said that  South African clothing retailers have between 200 and 1000 shops around the country selling around 50% local and 50% imported products.

But this compares with 6000 Chinese shops which are selling 99% Chinese products, he said.

According to Pep group commercial director Louis Brand, Pep, with more than 1300 shops in South Africa, is well represented in rural areas.

Over the past seven years the group has however seen an increasing number of little Chinese shops mushrooming around its branches".............READ MORE

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