Temu’s rapid growth: Can its low-cost approach sustain and overcome regulatory risks?
Temu is a Chinese online shopping platform owned by PDD Holdings, the multinational conglomerate that owns discount shopping app Pinduoduo. Known for its bargain prices, this international version of Pinduoduo was launched in the United States in September 2022. It soon became available in some European countries, including the United Kingdom, Italy, and Germany, in 2023. Since then, Temu […]
GU: Uniqlo’s emerging sibling, crafting style with social media
GU (极优) is a Japanese brand founded in 2006 specializing in affordable and casual clothing. It is a subsidiary of Fast Retailing, the parent company of the retail giant Uniqlo. The brand’s name, “GU”, is a pun on the Japanese word “jiyū” (自由), “freedom” in English, signifying an escape from high-priced clothing. As of August […]
E-commerce and social media: driving forces behind China’s fast fashion market success
China’s fast fashion industry is experiencing significant growth, driven by the country’s position as the world’s largest fashion market. Despite temporary setbacks caused by the COVID-19 lockdown and the Xinjiang cotton scandal, the industry is expected to continue expanding with an annual growth rate of 5.2% from 2023 to 2027. The market value reached 1 […]
Daxue Talks transcript #88: The best platforms for fashion marketing in China
The best platforms for fashion marketing in China Find here Daxue Talks 88. Click here to listen to Olivier Verot, founder of Gentleman Marketing Agency (GMA), share his knowledge on how to attract and convert online traffic and which are the best platforms for fashion marketing in China. Full transcript below Welcome to Daxue Talks, a […]
The complete guide to Clothes Distribution in China
Clothes distribution in China is shifting from offline to online. Online platforms are increasingly sophisticated, and brands must evaluate which platforms have the highest return on investment. Luxury, fast fashion, foreign and domestic brands all have unique needs which can be met by different distribution channels. Despite consumers turning more to online channels, offline channels […]
China’s winter apparel market is taking off with winter sports and winter tourism
With a middle class that is growing by the tens of millions, China is home to many size-able and burgeoning markets. Some of these markets are powerhouses in themselves when measured in comparison to those of other nations. Over the years, China’s various markets have doubled, tripled and even quintupled in size. Some have however […]
Increasing Spending in Affordable Luxury in China
The demands for luxury brand products are always high in China in comparison to most western countries. It is not uncommon for Chinese white-collars to save up to buy high-end, luxury goods. In recent years, a market for more affordable luxury goods (平价奢侈品) emerges in China and is gaining popularity among the Chinese consumers. A […]
Ethical Brands VS Fast Fashion Brands in China
The new trendy word in China is sustainable, given the arrival of new products and green initiatives in the Chinese market. Many Chinese fashion brands have joined this new green trend and are becoming more Eco-conscious. At the current time, it is considered as a good commercial investment to go green in China, and this […]
Market research: The boom of Fast-fashion brands in China | Daxue Consulting
Over the past few years, fast-fashion is growing in popularity in China and attracting more and more foreign brands-such as H&M and Zara, which offer Chinese fashionistas low-price stylish clothes. As a result, the average product cycle of fast-fashion brands in China is only 15 days. Moreover, increasing complaints about the quality have been coming […]