Hubei Garment Exporters Are Turning To The Domestic Market.

At present, more and more clothing exporters in Hubei begin to compete for the domestic market.

Wuhan garment exporter Ai Di dress plan has opened 1000 stores in the whole country in 3 years, and now it has opened five hundred or six hundred.

Most of the resources of AI used in foreign trade business, and now focus on the domestic market.

Another foreign trade giant in Hubei, Meyer, has also begun to play a big role in the domestic market.

Since the beginning of this year, while stabilizing export trade, the center of Meyer's work has tilted to the domestic market, and plans to double domestic sales in the next three years.

According to the insiders, there are two main reasons for Hubei's garment export enterprises to turn to the domestic market. First, the multiple factors such as RMB appreciation and labor price rise have made the profits of garment export lower and lower, and the overwhelming majority of garment export in China is mainly based on low profit OEM export. Two, the pursuit of garment enterprises is not willing to do only processing export business, but enterprises like AI and Meyer have already had a certain brand awareness. They often regard export as a way and means to accumulate funds and resources and make big clothing brands.