Developed markets anemic growth developing markets is where growth is Many retailers slowing down expansions like in china

In Latin America many retailers targeting smaller countries to understand the region Top 30 developing countries based on macroeconomic variables and retail specific variables BRIC Magnificent monster - Diverging paths South America Blossoming Venezuela argentina and Bolivia Room for improvement Africa Build momentum Gems- Small population unique characteristics of wealth and customer focus Uruguay , Mongolia Georgia and Armenia Brazil No 1, China No 4,India No 14 India has gone down by 9 ranks Latin America Top Growing middle class, sustained and continued economic growth and political stability BRICS Brazil booming now but what future after 2017 ? Russia- Resource price falling , Current account and budget deficit, Minimal population growth India Potential opportunities for next 40 years. Will it bite the bullet ? China- No pull market Mexico Renewed optimism Panama Big spenders India Economic growth slow down but still Strong 100% FDI in single brand retail 51% in multi brand retail Srilanka Thriving after civil war

Middle Features some most attractive markets Some countries still untapped Africa High growth opportunities Top 10 retail apparel index China at No 1, India not in top 10 Methodology 200 Countries Scale : 0-100 Points GRDI scores based on Country and Business risk (25%) Market attractiveness (25%) Market saturation (25%) Time Pressure (25%)