The opening of brand new premises will provide sales, support and product development throughout the Fujian province. It follows the success of the company’s Shanghai operations which has resulted in Eurostop winning high-profile customers in the region including Charles and Keith, ERKE, Satchi, Macalline and Yalu. The deal with international sports brand ERKE alone saw Eurostop systems deployed in 7,000 outlets across China in just four months.
Hew Poh Yin, who heads up Eurostop’s new office in Xiamen, commented, “Our new office is strategically located in the district where some of China’s largest retailers are headquartered. Eurostop’s Xiamen operation will serve local retailers and the growing demand for luxury goods from an increasingly prosperous Chinese population.”
According to the National Bureau of Statistics of China, the growth rate of GDP in the region was 7.6% in the first half of 2013. Industry experts also claim that Chinese individuals whose personal assets exceed $2 million have yet to spend their money on luxury goods and services.
Richard Loh, Managing Director of Eurostop, concluded, “China represents a very ebullient market in an otherwise sluggish retail sector. Growth in the region has been truly explosive and is set to continue even further.
"Now more than ever, retailers need fully automated systems that facilitate their stock control processes and capture accurate, meaningful sales data to create powerful promotional campaigns that drive new revenues. Our office in Xiamen underlines our continued commitment to China by offering retailers in the region a strong, local support network backed up by the latest technology.”
Founded in 1990, with operations in London, Singapore and Shanghai, Eurostop provides complete solutions for Retail Management for the Fashion, Footwear and General Merchandise sectors encompassing both hardware and software.
Textiles | On 22nd Oct 2016
The Central government is likely to extend the recently approved Rs...
Apparel/Garments | On 22nd Oct 2016
Reebok, a pioneer in the sporting goods industry, has brought sneaker ...
Dolphin Jingwei Machines
Taxation policies need to be made simpler
‘The terms eco-friendly and organic are common but everyone perceives them ...
The biggest challenge is lack of skilled workforce and competition from...
Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...
Bombay Textile Research Association
Bombay Textile Research Association (BTRA) is a leading name in textile...
Biovation II LLC
Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...
Yash P. Kotak
Bombay Hemp Company
One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...
Sonam and Paras Modi's Sva Couture is synonymous with head-turning...
Silvia Venturini Fendi
"Yes, my confidence and positive attitude are my strengths and should be...
Information Technology | On 19th Oct 2016