XTEP Rio Tinto Children'S Clothing Products &Nbsp; Leisure Oriented Fashion For Non Restricted Growth
Domestic consumption is strong.
retail
Stocks have been sought after, and the total retail sales of consumer goods increased by about 17% in July, according to a market survey.
Children's clothing consumption
A double digit growth rate has become a new growth point for the development of the clothing industry? Domestic brands occupy 50% of the market share, about 30% have their own brands, which are promoted in one to three lines of cities, while most foreign brands are concentrated in the first tier market. XTEP sporting goods company in Mainland China also sees this business opportunity, will expand the children's footwear and clothing business, and increase the income source of the group.
Extension of high-end children's shoes and
clothing
Expansion of tourist resources
XTEP plans to develop children's shoes and clothing series? Xtep+1? It is expected to open about 100 retail outlets in the two to three cities by the end of next year. He Ruibo, chief financial officer, said in an exclusive interview with the newsletter that the Group expects to expand the product category and cover the customers to men, women, old and young.
Young Versace
They still focus on the high-end luxury fashion products, because they believe that their acceptability is greater and their price is lower than that of adult clothing.
Online sales grew fast, and expected revenue accounted for 5% to 10%.
XTEP
International positioning is different from other brands, mainly targeting young market. So its products are still dominated by leisure fashion and do not expect too much emphasis on Sports functional goods. Therefore, I believe that the group is not limited to the growth space of sporting goods. Ho Di believes that online consumption has become a trend for young people, and business growth is much faster than that of overseas exports. So in the future, it is expected to increase the income of the business to 5% to 10%.
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