×
300
Fashion Jobs
PERFECT PUBLISHING SOLUTIONS
Area Sales Manager-All India Openings- Immediate Joining
Permanent · Ahmedabad
GNT PAGE
Manager Production
Permanent · Faridabad
SUPRO CONSULTING
on Roll - Area Sales Manager
Permanent · Dehradun
THE INFINITY SPACE
Area Sales Manager - Team Leader
Permanent · Chennai
MARG ERP
Channel Sales Manager
Permanent · Mumbai
SUPRO CONSULTING
Area Sales Manager - on Role
Permanent · Siliguri
PEOPLEFY INFOSOLUTIONS
Opening in Area Sales Manager For Mnc
Permanent · Chennai
METROPOLIS HEALTHCARE
Territory Sales Manager
Permanent · Guwahati
2COMS
Area Sales Manager Institutional Sales
Permanent · Chennai
RNK AGRO CHEMICALS
Area Sales Manager
Permanent · Nellore
2COMS
District Manager Trichy
Permanent · Tiruchirappalli
ORRA FINE JEWELLERY
Orra Jewellery is Hiring For Area Business Manager Rest of mh & Mumbai
Permanent · Nashik
JGS MANAGEMENT CONSULTANTS
Area Sales Manager (Medical Equipment Sales)
Permanent · Hyderabad
PEOPLEFY INFOSOLUTIONS
Job Opportunity For Area Sales Manager For a Product Based Mnc
Permanent · Chennai
SHAHI
General Manager Operations - Garments Factory @ Karnataka
Permanent · Bengaluru
KUNSTOCOM INDIA
Production Manager / Head
Permanent · Noida
WILLPOWER CONSULTANTS
Area Sales Manager
Permanent · Vapi
QUOTIENT CONSULTANCY
Senior Level Branch Manager (South Mumbai)
Permanent · Mumbai
ALEMBIC PHARMACEUTICALS
Area Development Manager - Rural Marketing - Algrow Division
Permanent · Begusarai
JOBS TERRITORY
Area Sales Manager
Permanent · Indore
HYVA
Asstt. Sales Manager- (West) Retail Sales (Tipping Solutions)
Permanent · Navi Mumbai
DODLA DAIRY
Area Sales Manager - Bengaluru Products (Icecream Divn)
Permanent · Bengaluru
By
Reuters
Published
Mar 15, 2013
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

China's Bosideng says London store a success, eyes New York

By
Reuters
Published
Mar 15, 2013

LONDON - Chinese clothing giant Bosideng's first foreign store in London may not be profitable in the near term, but the company says it is already ramping up plans to open another in New York.

With China no byword for luxury fashion, the British arm of Bosideng International Holdings is striving to change perceptions and improve awareness of its high-end brand.

The London Bosideng store

The company is a mass market player at home, where it has 8,000 retail outlets. In the West, it is seeking with its wool blazers and dark suits to place itself alongside brands such as Hugo Boss and Ted Baker.

Wayne Zhu, chief executive of Bosideng's British operations, said the 35 million pound ($53 million) store in an upmarket district of London's West End had been well received since it opened last year.

"We're at the early stage, but we did see some initial success. Our designs were well received by the industry and customers and we have seen sales picking up month by month," Zhu said on the sidelines of a China-Britain business conference.

British retail sales grew at their strongest annual rate in almost two years last month, the jump bolstered partly by demand for big-ticket items, while clothing sales rose at their fastest pace in five months, industry data showed.

Experts see growing interest in niche luxury brands and even big names such as Gucci are doing well, with owner PPR last month posting forecast-beating annual profits.

Bosideng wants to enlist a brand ambassador in Britain and is looking at the fields of film, music and sport.

Zhu said the company was looking at long-term goals rather than immediate profits and that UK sales so far had been in line with expectations.

"It's a strategic move for the company. When we made a decision it's to look at the future, the next five to 10 years, not the next one or two years, in which the store may not be profitable," he said.

"The next potential is New York. The New York office is actively looking for property ... potentially Fifth Avenue," Zhu said.

© Thomson Reuters 2023 All rights reserved.