David Zhao, founder and CEO of Shangpin, reveals how he fended off China’s three online giants — Baidu, Alibaba and Tencent, collectively known as B.A.T. — to become one of the country’s most successful pure-play fashion e-tailers.
Almost every major fashion country has one city that shines brighter than the rest. But China’s vast, diverse market defies the norm. In Part 1 of a two-part investigation, we examine the fashion capitals of Shanghai and Beijing. Next month, in Part 2, we explore Hong Kong and Guangzhou.
Five years since Konzepp helped transform the sleepy Sheung Wan district into a hipster zone, owner Geoff Tsui is crossing the harbour to the buzzing quarter of Tsim Sha Tsui with his fourth niche boutique, located in Hong Kong’s K11 ‘art mall.’
As growth in China slows, tapping post-recovery America is rising to the top of the fashion industry’s agenda.
The wholesale business is finally getting more organised in China, encouraging the growth of a more robust domestic distribution network.