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How can clothing brands buck the trend and be born to the sun?
28 Dec,2022
In October this year, the Chinese version of "ZARA" La Chapelle's Q3 financial report showed revenue of 5.757 billion yuan, down 7.16% from the same period last year, from last year's Q3 profit of more than 200 million, to this year's Q3 direct loss of more than 8 billion. Earlier data disclosure showed that the equity pledge ratio of Xing Jiaxing, the actual controller of La Chapelle, was close to 100%. Behind the liquidation of the actual controller's pledge, there is only 1/6 of La Chapelle's stock price, and 2,400 stores will be closed in the first half of 2019.
Growing demand Bangladesh's textile and garment industry is developing rapidly
In one corner of South Asia, there is a country known as China's "strange but familiar neighbor" - Bangladesh. With a territory of nearly 150,000 kilometers and a population of 161 million, this small South Asian country connects China, India and the world's three largest economies of ASEAN, and is the second largest garment exporter after China. It is one of the most economically dynamic countries in South Asia and even in the world, with an average GDP growth rate of more than 6% in the past ten years, and an economic growth rate of 7.86% in 2018, with the garment processing industry as its pillar industry. At the end of the 2017/18 fiscal year, Bangladesh's foreign exchange reserves amounted to US$32.943 billion, second only to India among South Asian countries.
How will our garment factories survive in 2020?
"2019 is about to become a thing of the past, and it is an unforgettable year for all garment people, the international situation is changing, domestic new policies are frequent, workers are difficult to recruit, orders are deserted, and garment people are overwhelmed." The end of the era of horse racing also means the end of the era of "grabbing heads" and "grabbing turf".
In this decade, streetwear brands and luxury fashion have "exchanged lives"
28 Jul,2022
In the 2010s, we witnessed an "identity" crisis that rewrote the rules of the game. Streetwear doesn't want to do streetwear anymore, and fashion doesn't want to do fashion: they decided to be each other.
Why is cost-effective a nightmare for new brands?
10 Jan,2022
In 2019, the new consumption wave once swiped the screen, and high cost performance has become the "king" of the new consumption industry. A lot of new brands are excited. However, this year's Double 11 e-commerce data shows that the top 10 sales in each category are almost still traditional big brands. (It remains to be seen how new brands will break through individually) The so-called cost-effective and de-branding seems to be good, but at least so far, it has generally not shown the desired effect. Whether cost-effective is the "king" of the new brand is still up for debate. But what is certain is that most new brands will die in the dream of high cost performance.
Is China's women's clothing market bottlenecked? Sales growth may slow to 2.7% this year
12 Nov,2021
In the highly digital retail environment, live streaming, social media and KOC are regarded as one of the breakthrough points for women's clothing brands. According to the report, from the perspective of the Youzan platform, the steady growth of China's women's clothing began in the second half of 2016 and ushered in an explosive period in the second half of last year, mainly due to the entry of traditional brands and Tao brands into social e-commerce, which provided the foundation for the emergence of grass-planting transactions in 2019.