日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Fast fashion labels ride e-commerce boom

By MATT HODGES (China Daily) Updated: 2015-07-06 09:35

Although it does not disclose country-specific figures in Asia, media reports said its China revenue hit $300 million in 2013, a number the group was expecting to see triple by 2016-17.

In China, total online retail sales surged 53.6 percent in 2014 to 2.8 trillion yuan ($450 billion), according to a March 31 report by Knight Frank. This accounted for 10.6 percent of all retail sales in the country, up from 7.6 percent in 2013.

Both Gap and M&S now have online stores on Tmall.com and JD.com, the country's leading online marketplaces. M&S saw clothing sales on the former spike 200 percent in the last quarter of 2014. In January, it launched a new dedicated kidswear store on Tmall offering more than 300 lines.

"Continuing our 'bricks & clicks' strategy, we are leveraging e-commerce to strengthen brand awareness and reach across the country," said a spokeswoman for M&S China.

H&M, based in Sweden, launched an online store in China in September and Zara, based in Spain, followed suit on Tmall, the largest B2C website in China, in October.

Old Navy has also jumped on the Tmall bandwagon as it finds non-traditional marketing methods to be the new normal in this country of 1.4 billion, half of whom now live in cities. "Our commercial plan is integrated, whether it's social, digital, omni-channel," Barnes said. "All the pieces should tie together."

Gap reported that its first-quarter global net sales contracted 3 percent year-on-year to $3.66 billion-it did not explain why-but there is no doubt that Old Navy's global success led the conglomerate's fortunes in 2014

Gap posted net sales of $16.44 billion in 2014, up 2 percent from 2013. Gap's sales were down 5 percent during the period. Old Navy's rose by the same margin.

In fact, one of the largest apparel brands in the US-Old Navy is bigger than Levi's, Adidas and Gap-will remember 2014 as one of its most successful years to date in its home market, where it has over 1,000 stores.

Now it must see if it can gain enough traction in China to carry Gap if the same happens here-after first enjoying a nice little piggy-back ride into the market.

"Brand awareness of international fast fashion brands has rapidly improved in China in recent years," said Regina Yang, director and head of research and consultancy at Knight Frank Shanghai.

"They have been successful because their small inventories and quick turnover allow them to adapt to changing consumer demands."

Fast fashion sells because the brands offer lower prices, fashionable designs, immediately available trends, high product variety and a strong global image.

Even though media reports claim it takes H&M and Zara three months to get new product ideas into their stores-or 10 months in Gap's case-clothes can go from the catwalk to the shelf in as little as four weeks.

This clearly appeals to Chinese consumers, who are known to be more fashion-forward and bigger risk-takers than their American counterparts. Often, the younger generation leads the way.

"Though both Gap and Old Navy are considered lower-grade and inexpensive among American consumers, their product lines and price points are attractive to Chinese youth," said Chiang Jeongwen, a professor of marketing at China Europe International Business School, China's top-ranked business school.

Old Navy's China business appears to be flourishing despite it willfully trampling over some of the golden rules for success here-it refuses to localize its products, for example-and at least some credit is due to Gap.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 免费久久久 | 国产精品久久久精品四季影院 | 三级av在线 | 性一交一乱一精一晶 | 99欧美 | 五月婷在线视频 | 一级特黄视频 | 日韩一级一区 | 大地资源在线资源 | 美国一级大黄一片免费中文 | 99精品久久久久久 | 麻豆网站在线观看 | 男人天堂资源 | 欧美国产日韩视频 | 香蕉在线播放 | 黄色在线网站 | 色呦呦中文字幕 | 久久国产麻豆 | 久久久久久免费视频 | 午夜在线精品 | 婷婷综合久久 | 中文字幕亚洲高清 | 超碰碰97 | 国产视频自拍一区 | 一区二区三区久久 | 久久久在线免费观看 | 欧美 日韩 国产 一区二区三区 | 超碰97色| 久久天天躁狠狠躁夜夜av | 国产女主播喷水视频在线观看 | 日韩网站免费观看 | 天堂av免费 | 欧美亚洲高清 | 日本黄页网站免费大全 | 日韩欧美91 | 丁香六月激情 | 中文字幕精品在线播放 | 久久久精品少妇 | 日韩九九九| 久久久夜色精品亚洲 | 精品人伦一区二区 |