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    "Ningbo Outfit" Flexibly Dismantle And Recruit To Deal With Crisis

    2009/3/3 0:00:00 34

    "This coat is mainly made of wool and chemical fiber, and the price is only half of the cashmere coat. It is very popular with European consumers."

    In March 1st, Yin Heming, manager of Ai Mei import and Export Co., said at the China Fair.

    Not long ago, Martha, a British businessman, ordered more than 50 thousand pieces of this coat to the "Ai Yi Mei", with a total value of more than 150 million dollars.

    The European Union, the United States and Japan are the major markets for textiles and clothing exports in Ningbo.

    After the outbreak of the global financial crisis, import demand in traditional markets such as Europe, America and Japan declined, especially for the purchase of high-end clothing.

    At the nineteenth China Fair, reporters found that Ningbo garment enterprises were looking for changes in the international market demand, rapidly adjusting product and market structure, actively innovating marketing mode, and trying to catch up with the new business opportunities in the financial crisis.

    First of all, the "Ningbo pack" increased the proportion of exports of mid-range products, and fill the gap of some high-end market shrinkage.

    Since the second half of last year, "Ai Mei" has voluntarily lowered its noble value by changing the composition of the coat.

    "We export European cashmere coats. The fabric of cashmere in the past is between 60% and 90%, and the price is relatively high.

    After the outbreak of the financial crisis, we took the initiative to communicate with European customers to reduce cashmere ingredients to less than 30%. This alone will reduce the cost of coats for about $20.

    Yin Heming told reporters that coats and suits are luxury items in clothing. There is no rigid demand for consumers. Therefore, enterprises should take the initiative to adapt to market changes.

    Faced with the impact of the financial crisis, some garment enterprises in Ningbo also "rebound Pipa".

    The leading knitted enterprises such as giant eagle and Yongnan have reduced the export of low-grade knitwear, turning to high-end products with competitive advantages such as women's wear, casual wear, sportswear, and so on.

    Both internal and external marketing is another important strategy for Ningbo to tackle the financial crisis.

    In the past, 90% of AI's products relied on exports. Now the proportion of foreign trade exports to the entire company has shrunk to 50%.

    According to a survey conducted by the Ningbo Municipal Foreign Trade and Economic Cooperation Bureau, about half of the garment enterprises are ready to open up the domestic market this year.

    The advanced marketing mode is also a magic weapon for "Ningbo suit" to successfully control the international market.

    Ningbo Yi Sheng Garment Co., Ltd. set up sales department and product research and design department in Japan, so as to firmly grasp the pulse of the international market.

    "Yi Sheng clothing" uses Japanese design talents to quickly design all kinds of teenage fashions that will be popular in the near future.

    Now, 6 of the ten famous Japanese business partners have maintained long-term cooperation with Yi Sheng clothing.

    Facing many difficulties such as rising production costs and shrinking export markets, many garment enterprises in Ningbo will aim at marketing innovation.

    In November last year, the group of fig and Italy SDS group cooperated with apparel buying and buying, making it the general agent of its own brand "FIOCCO" senior women's clothing in the 27 EU countries.

    According to statistics, the export growth of fig group will be 10% to 15% this year, and the profit will increase by 20% over the same period.

    In addition, Hengda, giant eagle, Fu Hong and other knitting leading enterprises, respectively, in the United States, South Africa, France and other places to set up sales companies, trying to lay a sales network in the world.

    Ningbo Municipal Development Research Center experts commented that "Ningbo loading" is a business card of Ningbo city. At present, there are more than 2000 garment enterprises in the city, with an annual export volume of more than 9 billion US dollars. In the face of the financial crisis, Ningbo garment enterprises actively respond to the "market change and I change" attitude, which is the confidence of the international market.

    Editor in chief: Xu Qiyun

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