According to industry insiders in South Korea's fashion industry, global spa brands such as Uniqlo, Zara, and H&M have recently lowered their prices, and have taken an increasingly large share in the sluggish Korean apparel market through price offensives. These brands use price advantage to attract consumers, occupy major commercial circles such as Myeong-dong and Gangnam, and also enter major department stores and shopping centers, and continue to expand the market. In this context, South Korea's domestic SPA brand and major apparel companies are not to be outdone. They have made counterattacks and are fiercely competing with overseas brands.
The first type of clothing to join the price war is outdoor clothing, casual wear and men's wear and other types of clothing. In the South Korean apparel market, the dividing line between outdoor apparel and casual wear and other types of clothing is increasingly blurred, and the apparel industry is undergoing changes. In the first half of this year alone, more than 50 apparel brands plan to go public.
Sae a has extensive experience in exporting goods. Recently, the groupâ€™s casual wear brand Maypoleâ€™s merchandise price cuts reached a maximum of 50%; LG Fashionâ€™s menâ€™s brand Towngent and New World Internationalâ€™s acquired brand Tomboy also started to lower commodity prices from this spring. .
The brand Maypole has developed a price strategy called â€œSmart Priceâ€. In February, the prices of newly listed sweaters, zipper sweaters, polo shirts, round neck T-shirts, jackets, windbreakers, and denim shorts were reduced by 30 to 50. %. LG Fashionâ€™s brand Towngent started implementing the â€œHappy Priceâ€ strategy this spring, and the price reductions for items such as suits and jackets were around 30%.
Women's casual brand Tomboy started implementing the "Clean smart price" strategy this spring. The price cuts for coats, sweaters, blouses and other goods are 15 to 20%. Men's clothing brand Comodo Square and children's wear brand Tomkids have also entered the price war one after another.
First woolen recently launched 8 Seconds, a Korean SPA brand. The group adjusted the prices of men's and women's jackets, dresses, men's pullovers, and T-shirts, and sought to maintain a similar level with global spa brands such as Zara, H&M, and others. Shinwonâ€™s menâ€™s brand Siegfahrenheit also plans to adjust the prices of commodities this spring. Specific adjustment plans are still under discussion.
Despite the major apparel companies have joined the price war, the development of the Korean apparel market is still sluggish. The rise in international crude oil prices has caused the cost of fabrics to increase; labor costs in sewing factories in overseas countries such as China have increased, and these factors have affected the development of the Korean apparel industry. Although the price war among brands can attract consumers and stimulate consumption to a certain extent, in the long run, it will surely bring heavy losses to enterprises.
rhinetone holiday Christmas ,can custom crowns(like christmas pageant crown,snowflake pageant crown) with Santa Claus ,snow men ,snowflake ,bell ,Christmas tree ,cupcake ,any image suit for Christmas
Material :alloy ,rhinestone ,crystal
Plated :Silver or gold
Moq :2 dozen
size : can be customized
T/T, Western union ,Paypal, L/C and Moneygram are available.
By express delivery(UPS, DHL,FedEx-) ,by air, sea ,or as your request.
1. sample cost : 50-200USD per pc, sample fee return when make an order
2. sample postage: on your account
|Inner packing||1 pcs/pack|
|Carton quantity||200 pcs/carton|
|Carton size||60*40*40 cm|
|Your packaging requirements is available|
WHY CHOOSE OUR FACTORY
1. Professional: We produce all kinds of jewelry products since 2002.
2. Products: charming in look and good in quality
3. Best price: real and direct factory and manufacturer without third par
4. OEM, Trial order and sample order are acceptable.
5. on-time delivery and anytime service
1.Any complaints or problems will be responsed within 1 working day
2.Please feel free to contact us for further infornamtion,hope to serve you at anytime.
Candy Pageant Crowns, Christmas Crowns, Christmas Party Hats, Snowflake Round Crowns
Yiwu Tanghuaise Accessories Factory , http://www.tissanyjewelry.com