International Fast Fashion Brands Dominate The Market And Local Clothing Brands Are In Crisis.

Take sportswear as an example.

In 2014, it recorded a US $2 billion 600 million revenue in China.

Adidas went far behind and ranked second in sales of $1 billion 700 million.

By contrast, domestic manufacturers are hard to recover from fierce competition.

Lining (Li Ning), a former market favorite, lost 586 million yuan in the first half of 2014, 3 times the net loss of 184 million yuan in the same period last year.

In this year, Lining, 31st degree, PEAK sports,

The three or four line regional market hegemony such as Xi Dalong and Hongxing Erke, del Hui and Jordan entered the stage of market shrinkage or business pause.

In 2014, local clothing brands such as Giordano,

Semir, Baleno and other brands have heard frequent news.

According to the financial report, as of the first half of 2014, Baleno's parent company closed 388 stores in the mainland, and its sales staff also decreased by 3782.

In the first half of 2014, the number of stores in Bosideng dropped from 8216 to 3436, which meant that Bosteng had to shut down 19 stores a day.

The development of these garment factories is mainly due to the failure of clothing sales and wholesale, too much inventory and exhaustion of funds.

As the sales of traditional clothing industry become sluggish and inventories accumulate, the market continues to tell the news of the boss running away, so that "where the boss has gone" has become the new pronoun of the clothing industry.

In July 2014, Ding Hui, chairman of Fujian's Limited by Share Ltd, lost contact with the company.

A number of enterprises in Fujian have been exposed to operational problems again and again. HOPERISE, the fast fashion brand, and the alligator of the listed companies in Singapore, have all heard the news of the loss of their employer's wages.

Shanghai's Cheap Road clothing wholesale market is originally an old-fashioned market with bustling and bustling business.

Later, it was converted into a modern large-scale clothing wholesale market, and the monthly rent of a shop was as high as twenty thousand yuan.

However, business is like Wang Xiao er's new year, which is not as good as a year, but a shop in Cheap Road. It can sell 20 thousand yuan a day in 2012, 8000 yuan in 2013, and less than 2000 yuan in early 2014.

And a famous clothing market in Zhabei District, Shanghai, each store has a monthly rent of more than 10 thousand yuan, and no business has been completely closed.

Through the disintegration of Shanghai's clothing wholesale market and the retail market, the Chinese garment factory is still in the great recession after going from the foundry to its own brand.

In 2014, the international brand ZARA, H&M, C&A, and China's clothing brand were in sharp contrast.

Cheap clothing has already opened to the three line market, and is also selling online and offline.

Statistics show that by the end of last year,

There are nearly 1000 stores in China.

Among them, UNIQLO opened 82 new stores, H&M opened 62 stores, and GAP opened 28 new stores.