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Sponsors |
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Strategy Partner |
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Customers, which spending money on overpriced clothing is so last year, frugality is in; by choice and by necessity, and those retailers that don't recognize the changing mores are doomed to fail.
In United States, the changes are bankrupting some firms, toppling longstanding agreements on pricing and distribution, and destroying the very air of exclusivity that designers are trying to sell. Fashion and retail executives are adding new ingredients like extensive customer data and streamlined websites to their marketing mix to get consumers to buy in the recession.
In China, Chinese still choose to make their hi end purchases in Hong Kong, where the lack of sales tax and import duties means that goods can be as much as 30 percent cheaper than on the mainland. Hi end retailers with an emphasis on quality and strategies such as holding back supply. 'Good Quality, good PR and good country manager certainly can help the brands become outstanding in China' said by Jimmy Choo in his July reception at M1NT Shanghai.
In 2009, many real estate developers were talking about the V shaped recovery or U shaped
developers actually hit back on the retail real estate development. A platform to mingle with retail real estate developers and hi end brands emerged as the time require.
Imaging high end retail space in Hangzhou and Suzhou even will expand by 200+ percent in
| three years (Reported by Jones Allen & Overy, Deloitte and Lang LaSalle). Obviously, chances are still plenty ahead! We will absolutely delight to gather at Shanghai and have some mindshare by the 2010 hi end retail forum just before the Shanghai EXPO. |
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2009's Delegates |
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| With over 180 brands, retailers, shopping mall owners, ITs, 3PLs, consultants, technology experts and regulators conveying in Shanghai at the China High End Retail 2009, the conference was an excellent 2 day learning and networking experience. |
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