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Financial Crisis Prompted Men'S Clothing Industry Chain Integration Triggered A Change

2011/11/1 15:27:00 15

Financial Crisis Men'S Clothing Industry Chain

The surging tide of global financial crisis has caused heavy losses to all trades and professions. A series of authoritative figures seem to be telling the difficulties that all walks of life are facing.


The economic crisis seems to be a pessimistic situation, but is it true? In the past, every change will bring about new changes. Crises and opportunities have always been common progress.

We are always complaining about the market saturation and the fewer opportunities, but most of us fail to see the mystery of the market and miss the opportunity when the opportunity comes.

In the face of this new turmoil, what will happen to the men's clothing industry? For men's clothing industry, the arrival of the economic crisis is just the beginning.

As long as we can understand the context of the market and seize opportunities, the growth of sales will be the result of success.


In the domestic market, men's main customers are mostly men who work steadily and have a mature economic foundation. This group is much more tolerant to the financial crisis than consumers in overseas overdraft economies, so this financial crisis has not hit the domestic men's clothing industry very much.

Men's clothing not only did not drain the market, but also brought new changes on the original consumption base: the financial crisis freed the busy men in the past from the intense and high-intensity life, and had more leisure time. They began to turn their attention to work time, and their life also differentiated from a single work scenario such as holiday, entertainment Party, home relaxation and other diverse occasions.

According to the change of occasions, men's clothing is changed from single business formal dress to all kinds of clothes suitable for different occasions. Men's consumption is also pformed from passive consumption of original wife or others to active consumption.


In the face of the growing demand for men's clothing, what reason do we have to say that there is no opportunity for the market to be saturated?

The expansion of consumer demand is a great driving force for the market. What the crisis brings to us is a bigger men's wear market. How to seize this opportunity will be the key to the next development of the men's clothing industry.


The demand of consumers is being refined, and men's clothing will also usher in a new situation of comprehensive industrial segmentation.

Men's clothing has not been able to catch up with the development standards of women's clothing. Nowadays, women's clothing is not only changeable in style, but also functional. They can get enough choices in rich products, while domestic men are relatively conservative and have no leisure to take care of their lives. Therefore, market demand has been relatively simple, and products are limited to several simple categories of formal dress and business casual wear.

The opportunity created by the financial crisis will break the stalemate and create new clothing demand. Besides formal dress, it will refine men's casual wear, dress, household clothing, and even create various clothing categories that are subdivided according to men's life scenes, such as riding clothes, cocktail clothes, golf suits and so on. Once these industrial chain subdivisions cater to the market demand, the men's clothing market will really usher in the golden age.


  


 

 

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