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Changes in attitudes and life of Chinese fogeys are largely responsible for the expansion of this market. Clothing & shoesWhile style and wonder items aren't typically regarded to be high-growth markets, there are a few classes which are universal with Chinese consumers. These come with maternity attire, baby accessories, and sports clothing. For instance, maternity wear can entice the health aware client while baby clothing can appeal to households. One of the top categories is apparel, which comprises both apparel and sneakers. The top vogue marketers in China are mostly home businesses, with only 12 % of those businesses having a market capitalization over $1 billion. These sellers come with famous domestic brands like Adrian Cheng's Chow Tai Fook and Lao Feng Xiang. Other top agents include Fosun, Li-Ning, and Saturday Shoes. The recent financial recuperation in China has re-opened the door to new alternatives for foreign brands. However, most have did not capitalize on the opportunities as a result of they selected the inaccurate strategy or didn't have in mind the nuances of the Chinese market. While top-tier international labels are still dominant in prime destinations, local competitors are increasingly attractive to Chinese buyers with better value propositions and more creative company models.
22.02.2023
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