Decrease in temperature and increase in prices of fabrics, sweaters, coats,attracts public to Landa Bazar
Monitoring Report
Monitoring Report
GILGIT :Decrease in temperature and a reciprocal increase in prices of fabrics, sweaters, coats and socks attracting even those belonging to affluent families. The tendency is the result of multifaceted factors: low quality in first hand wear items due to increase in production costs, higher prices than lowering income brackets, dual brand items with the same label and least appeal to mountainous zest. While, public interest in second hand items, mostly imported from China can be traced in their durability, low prices and suitably designed for mountain communities.
Chines products with lesser prices have dominated most of the markets from fabrics to general items, leaving products of foreign countries, and even Pakistan in hot waters.
On the other hand, influx of customers in such Landa markets have serve to made the venders increse in prices of such second hand products, slightly.
Chines products with lesser prices have dominated most of the markets from fabrics to general items, leaving products of foreign countries, and even Pakistan in hot waters.Source:VoH
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