The Business Times
SUBSCRIBERS

Bosideng's misfire in London reveals Chinese fashion's image problem

The maker of down jackets puts international expansion on hold after closing its unprofitable London store

Published Thu, Jul 27, 2017 · 09:50 PM
Share this article.

Shanghai

SELLING upscale apparel in London and New York shouldn't have been so hard - at least that's what Chinese clothing maker Bosideng International Holdings Ltd predicted when it tried to go global in 2012.

Bosideng, which makes down jackets for giants including Adidas AG, was the most successful outerwear supplier in China when chairman Gao Dekang opened a £35 million (S$62.5 million) store in London's Mayfair.

The expansion plan flopped as the label failed to gain sufficient traction. Now, Bosideng is focusing on its domestic market, and counting on foreign brands to help revive profit.

The misfire highlights the challenges for Chinese compa…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here