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    Blind Expansion Of Shoe Machine Industry In Foshan Leads To Unsalable Products

    2009/2/7 0:00:00 77

    A few years ago, a large number of domestic companies were small.

    A shoe factory

    The temptation to expand the production line of some old factories has been launched in Foshan.

    shoe machinery

    Enterprises seize the opportunity to raise the production of shoe machines greatly.

    shoe machinery

    The imbalance of enterprises leads to the surplus of middle and low grade products in the market.

    The fundamental reason for this is: quite a few.

    shoe machinery

    At the beginning, the factory did not carry out detailed market research, ideally overestimated its market share, blindly expanded, plus sales.

    Market downturn

    It has led to a succession of shoe making enterprises in Foshan.

    Bankruptcy

    And thus greatly affected.

    shoe machinery

    Normal sales.

    Editor: vivi

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