China's online clothing sales to reach 615b yuan

SHANGHAI - The online garment transactions are expected to reach 615.3 billion yuan (about $98.5 billion) in 2014, said China E-Commerce Research Center (CECRC) on Tuesday.

The figure is increase of 41.5 percent and expected to cover about 22 percent of total online transactions in 2014, said the CECRC forecast, with online platfroms and physical stores supplementing each other.

In 2013, China's online clothing sales were estimated to reach 434.9 billion yuan, a 43 percent year-on-year increase. Garment purchases covered more than 76.3 percent of total online shopping.

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