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  • What's News? July 30, 2013 | 0 Comments

    H&M: quality for kids?

    H&M and other international apparel makers are in hot water with local government for the quality of their children's clothing. Both the Beijing City and Zhejiang Provincial Administrations for Industry and Commerce have found international brands like H&M, Armani, Uniqlo and Zara to be lacking when it comes to fiber content and fastness. Certain H&M children's products also failed quality tests in Guangzhou earlier this year.

    Source: Tencent

  • What's News? February 28, 2013 | 0 Comments

    Vancl CEO: “China’s Uniqlo+Zara”

    Two years ago, Vancl CEO Chen Nian said he wanted to purchase Louis Vuitton; now Vancl has both Zara and Uniqlo in their sites. Earlier this week Chen Nian said Vancl wanted to become "China’s Uniqlo+Zara.” The plan is build two new supply chains in 2013 to provide higher quantities of basic fashions and small batches of fast-moving styles. Vancl has already improved its inventory turnover from three months to a record low of 16 days in Q4 2012.

    Source: iFeng

  • What's News? February 7, 2013 | 0 Comments

    Zara inventory sold cheap

    Inditex has authorized Mario Company, apparel dealer of Italian fashion brands, to operate Chinese discount centers in an effort to move excess inventory. According to the agreement, Zara will sell inventory to Mario at discount and Mario discount centers will be located at least 70 km away from Zara direct-sales stores. In addition, Mario cannot use e-commerce to peddle Zara products. As a result of the distance clause, most centers will be located in tier-two and three cities, with Mario starting first in Guangxi, Zhejiang and Shandong provinces.

    Source: eBrun

  • What's News? January 30, 2013 | 0 Comments

    Vancl fashion: fast, “simple and sweet”

    Vancl has rolled out a new line of women’s fashion. Taking “sweet and simple” as its motto, the new line employs suppliers that produce for brands like H&M and Zara alongside a rapid development process. According to Vancl, apparel concepts can move from development to finished product in only 10-15 days. The “sweet and simple” fashions are targeted at women aged 18-28 in tier-one and two cities. Source: QQ Finance

  • Apparel, Branding
    July 19, 2012 | 0 Comments

    Asobio: The brand that came to China, from China

    Asobio. China's genuine Italian brand.

    The world's leading fast fashion brands pin their hopes on China. Many of their products are made, and sometimes even designed, on the mainland, but are perceived as superior thanks to the aura of foreign heritage. China's textile manufactures, for their part, are eager to create valuable brands and take foreign retailers head on. CoBest, a local manufacturer, decided the best way is to follow in the footsteps of Europe's leading brands, literally: CoBest set up a subsidiary in Italy, complete with offices, admin staff, and a small international design team. Asobio, the company's new brand, was then launched in China like a genuine foreign contender, using a penetration strategy similar to that of Zara, H&M, and Gap.  ...Read More

  • What's News? June 12, 2012 | 0 Comments

    Inditex speeds up expansion in China

    Inditex is speeding up its expansion in the Chinese market. In 2011, Inditex opened 132 new stores in China, out of which 30 are ZARA stores. It also introduced Oysho and Zara Home into China. Now the company has 275 stores in 42 cities in China in total. In 2012, the group plans to open 150 new stores, including ZARA and other brands. Till May 31, 2012, ZARA has opened 131 stores in China, with 11 stores newly added. It also launched online store in China to try the market in tier-three and tier-four markets. The current focus of ZARA is still tier-one cities and more developed tier-two cities. Source (中文): SJFXM

  • Entertainment, M&A
    May 22, 2012 | 0 Comments

    Wanda: American dreams and Chinese realities

    Wanda malls, open and under construction, across China.

    America gave the world mainstream cinema and integrated shopping malls. Both industries originated in Europe and grew to their current size in American hands. Now a Chinese company is aiming to out-size Americans at both. Dalian Wanda is building the world's largest retail and entertainment operation, but its expansion depends on China's now-slowing housing market. ...Read More

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