Home / Knowledge / News / Apparel/Garments / Chinese menswear firm Xiniya opens two new flagship stores
Chinese menswear firm Xiniya opens two new flagship stores
09
Nov '12
China Xiniya Fashion Limited, a leading provider of men's business casual apparel in China, announced the opening of its sixth and seventh flagship stores in Urumqi City, Xinjiang Province and Shenyang City, Liaoning Province. Both stores were opened and are operated by Xiniya's distributors.

The flagship store located in Urumqi City, Xinjiang Province is 320 square meters, or 3,444 square feet, and complements 70 other Xiniya stores in Xinjiang Province as of September 30, 2012. The flagship store located in Shenyang City, Liaoning Province is 300 square meters, or 3,229 square feet, and complements 82 other Xiniya stores in Liaoning Province as of September 30, 2012. 

With a population of approximately 2.7 million inhabitants, Urumqi City is a second-tier city in China's western province of Xinjiang with year-over-year GDP growth of 17.1% in 2011 and 12.2% in 2010. Disposable income growth was 12.1% in 2011. Retail sales of consumer goods grew at 23.0% year-over-year in 2011.

Shenyang City has a population of approximately 8.1 million inhabitants and is a second-tier city in China's northeast province of Liaoning with year-over-year GDP growth of 12.3% in 2011 and 14.1% in 2010. Disposable income growth was 13.6% in 2011. Retail sales of consumer goods grew at 17.5% year-over-year in 2011.

The GDP growth of Urumqi City and Shenyang City exceeds China's national GDP growth of 9.3% in 2011 and 10.4% in 2010.

"We are extremely pleased with the opening of two new flagship stores in these rapidly growing cities that are experiencing higher GDP growth than the national average," stated Mr. Qiming Xu, Chairman and Chief Executive Officer. "The new stores are among our most impressive, featuring Xiniya's complete line of menswear, shoes and accessories as well as a multi-level layout. These features will aid in attracting Shenyang and Urumqi's growing middle class with disposable income. With our new and improved store image and product displays, we are confident that Xiniya will be able to attract more authorized retailers and consumers. These stores fit directly into our expansion strategy and will aid in increasing our brand recognition over the long term.''

Other flagships include Xiniya's company-owned store in Jinjiang and Quanzhou Cities, Fujian Province, and three others opened by Xiniya distributors in Zun Yi City, Guizhou Province, Harbin City, Heilongjiang Province and Chengdu City, Sichuan Province. These flagship stores are also located in second-tier cities.

China Xiniya Fashion Limited

Must ReadView All

Courtesy: World Bank/ Harshad Marathe

Apparel/Garments | On 23rd Jul 2016

Rising wages in China to create 1.5 million jobs in S Asia

As wages in China continue to rise, global apparel production and...

Courtesy: 3ders.org

Apparel/Garments | On 23rd Jul 2016

Disney research creates 3D compiler for machine knitting

Introducing 3D technology to machine knitting, Disney Researchers...

Textiles | On 23rd Jul 2016

Telangana to frame new policy for textile industry

The Telangana state government will frame a new policy aimed at...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
june 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search