Buyer’s Market

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1、Buyers Market孙佳慧ProfessionalfashionbuyersuseapassionforChinesedesigntomaketheirhobbyavocation“Thesoulofabuyershopisthetasteofitsbuyer,says31-year-oldXunBing,afashionbuyerwhonowownsboutiquesinSydneyandShanghai.Xunusedtodreamofbeingadesigner,butaftergettingherbachelorsdegreeinthesubject,shedevelopedan

2、interestinbusiness,andlookedforawaytocombineitwithhercreativity.“Itsnotonlyaboutsellingproducts,butpresentinganattitude,shetellsTWOCofhercurrentcareer,whichinvolvestrend-spottingandrecommendingpromisingbrandsanddesignerstoshopperswhovisitherstores.Inthefashionindustry,buyers买手“arethelinkconnectingbr

3、ands,saleschannels,andconsumers,HongHuang,fashioneditorandfounderofbuyerstoreBrandNewChina,toldLifeweekmagazinein2020.Untilrecentyears,though,buyersroleintheindustrywasprobablytheleastwell-understoodandnotonlybythepublic.“Throughbuyersandbuyershops,designerscanlearnmoreaboutthemarket,Hongexplained.H

4、owever,“lotsofindependentdesignersneverhaveanycontactwithcustomers,butjustopenalittleworkshopforfunandstayintheretailoringandcuttingalldayatmost,afriendoftheirsmightsay,Ilikeyourclothes,makeoneforme?Thisamateurismwasntjustbadfordesigners,ithinderedthespreadofChinesedesignstotheworld.“Ivebeencovering

5、Chinesedesignersforeightyears,butwhenreaderscalledtoask,Iminterestedinthatproductyoufeatured,whercanIbuyit?Ihadtosay,youcant,HongtoldLifeweek.“IrealizedIcoulddevotepagestoDesignedinChina,buttherewasstillarealdistancebeforeitcanbebroughttomarket.ProfessionalfashionbuyersfirstappearedinEuropehalfacent

6、uryago,andtoday,mostarestillemployedbyinternationallabelsordepartmentstores.Theirmainjobistoattendtradeshows,visitshowrooms,andflipthroughlookbookstosourcemarketablestylesanddesignerstosign.Itwasntlong,though,beforesomedecidedtostrikeoutontheirown,leadingtothecreationofmulti-brandstores,or“buyerbout

7、iques買手店inChinese.Operatinglikeaniche-marketpersonalshoppingservice,thesestorescuratesomepiecesfortheshowroom,buttheirrealtargetcustomersare“professionals,mostlywomenwhodontwanttoappearateventsinoutfitsthatclashwithanyoneelses,andrelyonbuyerstoscoutoutlittle-knownbrands,explainedHong.Mostare“second-

8、generationrichoroverseasreturnees,sheadded.HongsBrandNewChinahascooperatedwithatleast150Chinesedesigners,afarcryfromwhenChinasfirstbuyershopappearedinShanghaiin1996.ThebuyerindustryhadtakentimetodevelopinChina,withluxurymultibrandstoreGaleriesLafayettesfirstflagshipoutletclosingonlyoneyearafteritsde

9、butinBeijingin1997.LaneCrawfordsShanghaistoreopenedin2000andclosedin2020.Thatallchangedaround2020,thankstoChinasgrowingmiddleclasspickingupthetrend.Accordingtoa2004reportbyresearchfirmRETandFashionTrendDigest,fourtimesasmanybuyershopsopenedbetween2004and2004thantheprevious14yearscombined,withsomeeve

10、nappearingin“secondandthird-tiercities.By2004homegrownstoresaccountedfor55.6percentofthemainlandmarketforbuyerstores.“Middle-classconsumershavestartedtopursueindividualisticanddistinctivelabels,withtheirinterestgraduallyshiftingfrompopularmainstreamluxurybrandstothosethatexpressuniquepersonalities,o

11、pinedYeQizheng,editor-in-chiefofFashionTrendDigest,toJingDailyin2020.Thesebuyersinturncreatednewplatformsforlocaldesigners.In2020,BeijingsWudaoyingHutongsawtheopeningofDongLiang,amultibrandstorefeaturinghomegrowndesignsonly.Since2020,thestorehashostedthe“DongLiangOneDayshowatShanghaiFashionWeekevery

12、year,allowingChinesedesignerstoshowcasetheirwork.“WearelikeawindowforthefashionindustryfromabroadtolookatChinesecreativity,boastedco-founderTashaLiutoTimeOutin2020.Xunbelievesthatbuyerstoreslikehersareonthecuspofarevolution.“Customersmaybetiredofthesalesmodelindepartmentstores.onlineshopping,meanwhi

13、le,comeswithnoguaranteesofqualityorcustomerservice.ButnoteveryonesharesXunsoptimism.ChuChu,abrand-employedbuyerforStuartWeizman,withnineyearsexperienceinfashionindustry,tellsTWOCthat“successfulbuyershopsarenotascommonaspeoplethink.Theyrecently“boomedsimplybecausethereweresofewtobeginwith,and,asbuyer

14、SunYingtoldnewssiteJiemianin2020,mediahypehad“misledpeopletothinkitseasytorunabuyershop.“Mostbuyershopscanonlybeseenindevelopedregions,whichisfarfromenoughtocompetewithe-commerceplatforms,Chuadds.Taobaoandothere-marketplaces,inspiteoftheirreputationforunreliablequalityandcopying,maybebetteroratleast

15、lesscostlybridgesbetweenindependentdesignersandtheirmarket.Thismeansthatdespitetheoddsuccessfulshopthat“discoveredandprofitedbylaunchingthecareerofanunknowndesigner,moststillbowtomarketpressure.“Maybe10percentofthegoodsinthestorearetheretoshowthebuyersclassandtaste,butmakenoprofit,whiletheother90per

16、centfollowthemarketstrends,Chuestimates.Itsnotallbadnews,though.Thefactthatbuyershopsarecontinuingtoincreasemeanthat“Chinasdevelopingmarkethascultivatedmorematurecustomersanddiversifiedaesthetictastes,Chubelieves.ItonlyremainstobeseeniftheirappetitecanmatchthatofChinasbuyersorifthelatterhavebittenoffmorethantheycanchew.

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