About the study
The Retail Apparel Index is calculated by analysing the clothing market attractiveness, levels of retail development and country risk weighted 60 percent, 20 percent, and 20 percent respectively. Clothing market indicators include clothing sales and clothing sales growth, youth and urban population and level of international presence. The retail development indicator includes share of modern retailing and sales area growth. Country risk indicators include political and financial risk, business readiness and business cost of crime, terrorism and corruption. Within each metric, a country's value is indexed from 0 to 100 to allow for relative comparison to be made across metrics
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