“Shishi kids wear industry is subject to Guangdong, Zhejiang and other places kids clothing business impact of low-priced products.” Recently, the report learned from Shishi Kids Wear Association, the entire Shishi children’s enterprises faced challenges from domestic market share.
It is reported that Shishi kid’s wear production nearly 300 million this year, but overall profits have been shrinking. “Right now, we need to build the standardize pricing.” A company’s manager Mr. Wang said. The low-price competition drives down about 10% profit space, so they hope to set children’s wear industry information platform to enhance the added value of local enterprises.
