China Insight: The Rise of the Taobao Brands
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The Rise of Chinese Womenswear: Fabric as the Foundation
The Fabric Factor
In China's competitive womenswear market, brands such as ChicJoc, Keigan, and Marius have emerged as leaders by adopting a shared secret: premium fabrics. By sourcing from the same suppliers as international giants, they have attracted discerning consumers seeking both affordability and quality.
"The emphasis on high-quality fabrics has been a game-changer in the Chinese womenswear industry." - Expert in the field
The Teddy Bear Phenomenon
This winter, Max Mara's iconic Teddy Bear coat has become a highly coveted item in China. However, keen-eyed consumers have noticed that similar coats from ChicJoc, Keigan, and Marius share almost identical fabrics - a detail eagerly highlighted in their marketing materials.
The Rise of Premium Fabric Brands
As brands like ChicJoc and Keigan have prioritized fabric quality, they have also emphasized craftsmanship and silhouette. These elements have resonated with consumers, sparking a shift in industry perceptions and raising expectations for fabric and construction in the next phase of competition.
Right Time, Right Place for Womenswear Boom
While some Taobao brands have struggled, a new generation led by ChicJoc has flourished. These brands have exhibited a more traditional approach to brand management, coupled with a focus on fabric excellence. This strategic shift has positioned them for growth in the evolving market.
The Supply Chain Advantage
Amidst a downturn in the luxury goods industry, Chinese brands with strong supply chains are seizing an unprecedented opportunity. ChicJoc, for example, has expanded both domestically and internationally, opening stores in high-end shopping centers and catering to a global customer base.
The Fabric Effect on Customer Loyalty
ChicJoc has cultivated a loyal customer base thanks to its commitment to fabric quality. The brand boasts a repurchase rate of over 65%, and its recent livestream achieved record sales, with several products exceeding the million-yuan threshold.
Design and Collaboration: The Future of Fabrics
While fabric is a crucial foundation, it is not the sole determinant of a great product. Mature brands require continuous innovation and sharp design capabilities. Brands like Icicle have integrated international design expertise and high-quality Italian materials into their collections.
International Collaborations
The vibrancy of international exhibitions and institutions is fostering collaborations between Chinese brands and world-class designers and workshops. This cross-pollination of ideas and craftsmanship is poised to elevate the quality of Chinese products across the board.
Editor's Note: China Insight is a monthly column from WWD's sister publication WWD China looking at trends in that key global market.