Home / Knowledge / News / Textiles / Customers' voice important: Hyosung chairman

Customers' voice important: Hyosung chairman

19
Oct '18
Courtesy: Businesswire
Courtesy: Businesswire
Customers’ voice is important to analyse the rapidly changing market trends, according to Hyosung chairman Hyun Joon Cho who participating in the Intertextile Shanghai 2018, said the company will focus on technological development, quality innovation and customised marketing activities. Intertextile Shanghai is the largest exhibition of apparel and fabrics.

Cho checked the latest trends in the textile market by meeting with customers who visited the exhibition. Cho also met with the top management of Maniform, Anta and Yishion, which are top two brands in the markets for inner wear, sportswear and casual clothes in China, emphasising that win-win growth with customers is the most important value.

Hyosung focused on three themes, reflecting the market trend with the concept of ‘A Better Life Ahead’ and avoiding the conventional format of product introductions.

Cho said, “We need to listen to the voice of the customers in the field in order to analyse the rapidly changing market trends and to grasp exactly what customers want. We will concentrate all our capabilities - including technological development, quality innovation and customised marketing activities – on consolidating our status as the global number one company.” The Chinese clothes market was worth about 1 trillion 797 billion yuan as of the end of 2016 and continues to grow at an annual average rate in excess of 5 per cent.

Hyosung is expanding its business through more than 100 global production and sales networks in 30 countries. In a drive to enhance its manufacturing competitiveness, in September the company completed the introduction of a smart factory system to its Spandex factories in Quzhou, Jiaxing, and Guangdong in China, as well as those in Vietnam, by executing data collection and analysis and control management in all sectors of manufacturing. (SV)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 24th Jun 2021

Canada, Indonesia discuss Comprehensive Economic Partnership Agreement

Canada and Indonesia recently began negotiations over a Comprehensive ...

Pic: Shutterstock

Textiles | On 24th Jun 2021

US-PRC trade war jolts cost global value chains 3-5 yrs of growth: UN

Trade shocks induced by the tariff battle between the United States...

Pic: Shutterstock

Textiles | On 24th Jun 2021

Prime Content| South Korean textiles & clothing exports to China may rise: TexPro

South Korean textiles and clothing exports to China are expected to...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchains will be in heavy use by early adopters by 2025

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Susanna Koelblin,

Susanna Koelblin

Founded in 1920, Eastman is a global specialty materials company that...

Noemi Sanchez,

Noemi Sanchez

Established since 1846, Evlox is a specialised denim manufacturer with its ...

Rajat Kapoor,

Rajat Kapoor

Seraphine is a British maternity brand providing affordable luxury fashion ...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

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


June 2021

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


Advanced Search