Profiles of Four Leading Chinese Clothing Companies
Released on = April 19, 2007, 2:50 am
Press Release Author = Namrata
Industry = Small Business
Press Release Summary = Baoxiniao, a Chinese company which pioneered the use of franchising in men's wear, has seen steady 80-90% growth since it was started in 1996
Press Release Body = Profiles of Four Leading Chinese Clothing Companies
Baoxiniao, a Chinese company which pioneered the use of franchising in men's wear, has seen steady 80-90% growth since it was started in 1996. It has 3,500 employees, produces 800,000 suits a year and has an annual turnover of US$120 mn. 90% of its production is for the domestic market but it sees its future growth in selling its own brands abroad.
Bosideng is the largest manufacturer of down clothing in China and its two leading brands have captured 25% of the domestic market. It has 10,000 employees and turns out 5 mn pieces a year. Although it primarily produces for the domestic market, the company's exports reached US$40 mn in 2003 and it is hoping to expand them further.
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