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World Apparel Indastry WORLD APPAREL INDUSTRY The global apparel retail industry, which in 2011 was valued at $1.175 trillion and is forecast to reach an estimated value of $1.348 trillion in 2016, according to the report “Apparel Retail: Global Industry Almanac, MarketLine,” published by Reportlinker.com. When it comes to retail sales, gloom in the West.