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One of the tip categories is apparel, which includes both clothing and footwear. The top trend dealers in China are mostly domestic agencies, with only 12 % of these agencies having a market capitalization over $1 billion. These agents come with famous home brands like Adrian Cheng's Chow Tai Fook and Lao Feng Xiang. Other top retailers come with Fosun, Li-Ning, and Saturday Shoes. The recent economic recuperation in China has re-opened the door to new alternatives for international brands. However, most have did not capitalize on the alternatives because they chose the wrong strategy or didn't keep in mind the nuances of the Chinese market. While top-tier global labels are still dominant in prime destinations, local competition are more and more appealing to Chinese patrons with better value propositions and more cutting edge enterprise models. Chinese online customers shop in a whole lot of categories. The most excellent category is attire, followed by bags and accessories, and footwear. Fashion is China's fastest starting to be eCommerce market section, accounting for 45% of total online sales in China. By volume, it's the largest trend segment by earnings.
30.03.2023
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