According to a RnR Market Research report, the retail market in Brazil is expected to grow at a CAGR of 8.82% from 2012-17 and Indian retail market forecast to grow at 13.23% CAGR for the same period.
New Zealand retail sales are set to grow at a CAGR of 3% during the forecast period while duty free retailers in Peru are expected to grow at a CAGR of 8% and in Poland are expected to grow at a CAGR of over 7% during the forecast period.
In 2012, Canadian retail sales grew at a CAGR of over 2% and are expected to grow at a CAGR of over 3% during the forecast period whereas duty Free retailers in Chile are expected to grow at a CAGR of over 7% during the forecast period.
Source:
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=149646
