>>
Home / Knowledge / News / Apparel/Garments / Chinese e-com grows at traditional retailers' expense
Chinese e-com grows at traditional retailers' expense
14
Nov '16
The e-retail websites’ revenue in China grew from 52 million yuan in 2009 to 91.2 billion yuan in 2015, affecting traditional stores in the country. Retailers like Best Buy and Tesco have already pulled out of the market and Marks & Spencer recently joined the list when it shut 10 stores in the Chinese Mainland, resulting in 400 people losing their jobs.

Chinese e-commerce industry is looking at new ways to prosper, according to Xinhua. The rise of the online retailing platforms in the country such as Vipshop, JD and Alibaba is showcased during the Singles’ Day online shopping bonanza that is carried out on November 11 every year. Alibaba usually records high half-year or full-year sales in the month of November.

During the Singles’ Day sales this year, the State Administration for Industry and Commerce met with China’s 15 leading e-commerce companies to instruct them to keep widespread fraud at bay. The administration told the companies to keep a check on price fraud, unfair competition, false advertising, scalping and selling shoddy goods.

"E-Commerce should not develop like a campaign because the economy needs steady growth. Generally speaking, e-commerce has a positive impact on the real economy and national economic development. If it brings a negative impact, the investment-driven business mode should be blamed," said Zhang Li, an e-commerce expert with the ministry of commerce.

A huge amount of capital has been invested in the e-commerce sector of China. However, the pace of consumption has remained lower than expected, leading to price wars between e-retailers and affecting traditional stores.

E-commerce websites are working on making laws for the sector. A draft law has already been submitted to China’s top legislature. The companies are also integrating online and offline marketing and reflecting on the influence of Single’s Day on their inventories. Rationality is also being adopted by the sector as the companies abandon price wars. Intelligent logistics and cloud-based infrastructure has also been promoted by e-commerce in China. (KD)

Fibre2Fashion News Desk – China


Must ReadView All

Pic: Dreamstime.com

Textiles | On 22nd May 2022

China raises support for economic growth by cutting lending rate

China recently cut the market-based benchmark lending rate to shore...

Pic Andrey Sirant | Dreamstime.com

Textiles | On 22nd May 2022

CPTPP helps boost Vietnam-Australia trade, investment cooperation

The Comprehensive and Progressive Agreement for Trans-Pacific...

Pic. Shutterstock

E-commerce | On 22nd May 2022

Strong momentum in China's cross-border e-com, rises 18.6% YoY in 2021

China's cross-border e-commerce has rapidly grown in the last few...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Andrea Pelissero,

Andrea Pelissero

Located near Milan, Italy, and with 50 years of experience in the textile...

Sanmugamagesh,

Sanmugamagesh

<font color="#303030" face="Open Sans, sans-serif">India-based The Chennai ...

Ralph Tharpe,

Ralph Tharpe

The White Oak Legacy Foundation (WOLF) is dedicated to the history of...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Francesco Vergentini, A.Celli Nonwovens

Francesco Vergentini
A.Celli Nonwovens

A.Celli Nonwovens offers a complete range of rewinders and rewinders...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Marylin Fitoussi, Netflix Show - Emily In Paris

Marylin Fitoussi
Netflix Show - Emily In Paris

Netflix’s renowned show Emily in Paris’s costume designer Marylin Fitoussi ...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

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

Leave your Comments

ESTEEMED CLIENTS

Calvin Klein
Color Service s.r.l.
CSGIA(China Screen Printing & Graphic Imaging Association)
Mesdan SPA
NITI Aayog
UBM China (Shanghai)
CGS Inc.
Aramark Uniform ;& Career Apparel, LLC
Gatsby Africa
Officina Meccanica Dora Enrico Srl
IDH – The Sustainable Trade Initiative
Comasia Limited
Abit
N9 World Technologies Private Limited
Lifestyle
Nihalani Events Management
Shanghai  Aige Exhibition Service Co., Ltd
C;&A Sourcing International Ltd
APLF Limited
Nandan Denim Limited
Gloria Jeans
Lacoste (Wanchai)
Aquarelle Clothing Limited
Taiwan Textile Federation (TTF)
Alison Hayes Romania
EPCH
Sainsbury's Argos Asia Limited
Chico’ FAS
EMBEE CORPORATION
KIABI
Shima Seiki Mfg. Ltd.
Sateri (Jiujiang) Fiber Co.,Ltd
Copenhagen Fashion Summit
Zünd Systemtechnik AG
Green Fibre
John Varvatos
Istanbul Fuarcilik A.S.
Dow Silicones Corporation
Rieter India Private Limited
BTC Textiles LLC
Infor (Hong Kong) Limited
GHCL LIMITED
Truetzschler India Private Limited
IKEA of Sweden AB
Splash
GERBER TECHNOLOGY LTD.
Helly Hansen Far East Ltd
Mayer & Cie. GmbH & Co. KG
SHAHI Exports Pvt Ltd
OVS Hong Kong Sourcing Ltd.
Eurofins BLC Leather Technology Centre Ltd
Flainox S.r.l.
Etam Group Strategy Hong Kong Limited
G.A.S. unternehmenskommunikation gmbh
ZAITEX spa
Aleph Srl
Huntsman (Singapore) Pte Ltd
Meera Dyestuff Industries
Saurer Textile Solutions Pvt. Ltd.
Gap International Sourcing Limited
Reiter India Private Limited
Permoda(Koaj/Armi/Pronto/Bkul)
Palexpo SA
Eastman Chemical Company
Asos
Decathlon
MAS Active / MAS Kreeda / MAS Bodyline
Xtema - Thomas Lebherz Textilmaschinen
Inter Expo Center Ltd.
KAS Direct Sourcing
Indofil Industries Limited - Specialty & Performance Chemicals Division
Loris Bellini S.r.l.
T.T. Limited
Desigual - ABASIC, S.A.
Colours India Inc
Kornit Digital Asia Pacific Ltd
Babyshop
Stahl Holdings B.V.,
China World International Exhibition Company Limited
VNU Exhibitions Asia
Lenzing Aktiengesellschaft
NV Michel Van de Wiele
International Sourcing Expo Australia
Haelixa AG
Groz-Beckert KG
Hirdaramani International Export Private Limited
SYNERGIES HONG KONG LIMITED
Alix Partners
Sportmaster Ltd.
USTER
TEXVALLEY MARKET LIMITED
Lottmann Communications
Zydex Industries
H. Stoll AG & Company KG
Italian Trade Commission
Thai Trade Center
K AND D ITMACH EXPOSITIONS LLP
Tchibo GmbH
Tuyap Tum Fuarcilik Yapim A.S.
Savio Macchine Tessili S.P.A.
Jiangsu Yingyang Nonwoven Machinery Company Limited
Puma
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
GIOVANNI BOZZETTO S.p.A.
Coats Digital Limited
G-Star Raw C.V.
Lululemon Athletica Inc
Under Armour Global Sourcing Ltd
Amazon China
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Varner AS Retail
Thai Acrylic Fibre Company Limited
Hela Clothing Pvt Ltd
Applied DNA Sciences Inc
Landmark Group
Tory Burch Hong Kong Ltd
Tommy Hilfiger
Boardriders Asia Sourcing Limited
Lectra Technologies India Pvt Ltd.
Pt. Peraga Nusantara Jaya Sakti
LC Waikiki
Arvind Limited
BIANCA
Gokaldas Exports Limited
Rayonese Textile Inc., Division de Culp Inc.
Messe Frankfurt Exhibition GmbH
J ;& P Coats
EUROVET ASIA LTD
Vianney Textil Hogar S.A. De C.V.
FESPA (Reigate)
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
DyStar India Pvt. Ltd
Recron Polyester from Reliance Industries Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
IIGM Private Limited
Maceton Limited
Grasim Industries Limited
Datacolor AG Europe
JES MEDIA, INC
Walmart
BTSR International S.P.A.
The Top Form Brassiere Manufacturing Company Limited
Messe Duesseldorf
PVH Corporation
COTTON COUNCIL INTERNATIONAL
Performance Days
TESCO INTERNATIONAL SOURCING LIMITED
Vardhman Textile Ltd
Kern – Liebers Textile
Midas Clothing Limited
ITMA Services Pte Ltd
Marzoli Machines Textile s.r.l.
Weitmann & Konrad GmbH & Co. KG
THE BOMBAY DYEING ;& MFG.CO. LTD
Page Industries Limited (Bangalore)
Cat Tuong Real Estate Group Joint Stock Company
Brückner Trockentechnik GmbH & Co. KG
Indo Tex
Lenzing Aktiengesellschaft - India
Bluesign Technologies Ag
BRINKMANN GMBH
IFF Media Ag - International Media Services
Seasalt Limited
Tradewind International Servicing
H;&M Hennes ;& Mauritz (Far East) Ltd
International Textile Manufacturers Federation
The LYCRA Company Singapore  Pte. Ltd
Datatex Consulting Srl
BIMBA ;& LOLA SL
Groz-Beckert East Asia LLP
FULGAR SpA
Equinox Impex India
Recron Polyester from Reliance Industries Limited
Thermore (Far East) Ltd.
Chori Company Limited
Guess Europe Sagl,
Benetton Group
Restoque S.A.
Brandix Lanka Limited
Sportswear Company Spa
Esprit Europe Services GmbH
Newtech Textile Technology Development (Shanghai) Company Limited
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Karl Mayer Textilmaschinenfabrik GmbH
Rosset ;& Cia Limited
Lisa S.P.A.
Target Corporation (MN)
TESTEX AG, Swiss Textile Testing Institute
Woolmark Services India Pvt. Ltd.
Bluestem Global Sourcing Limited
TÜYAP IHTISAS FUARLARI A.S.
Centric Software
DuPont de Nemours, Inc.,
Jindal Worldwide Limited
The LYCRA Company Singapore  Pte. Ltd
Itema Weaving (India) Private Limited
X-Rite Asia Pacific Limited (HK)
Phong Phu international JSC (PPJ)

May 2022

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


Advanced Search