Esprit May Withdraw From The Fuzhou Market This Year And Find Another Way.

Affected by the impact of electricity providers and rental costs rise, some fast fashion brand clothing businesses in the street are hard to do, and the news that stores and stores will be cut down will be frequent.

Recently, local rumors that Fuzhou Esprit stores will be removed gradually, the brand may even withdraw from Fuzhou this year.

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(E Splltter) very likely to withdraw from the Fuzhou market this year... "

The news received many netizens' attention in the local WeChat circle.

Reporters interviewed learned that Es? Prit was the most popular brand in Fuzhou in the early years. Many "70 after" and "post-80s" spent four hundred or five hundred yuan on buying a Esprit dress.

However, in recent years, the brand clothing store has been hard to recreate the glory of its past.

According to the introduction, Esprit was formerly a garment manufacturer in San Francisco, USA, and was once an influential brand in the world.

Reporters learned that the brand landed in Fuzhou in 2001, and its peak in Fuzhou from 2005 to 2009. However, in 2013, Esprit closed quietly in the largest franchised store.

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According to the relevant data, Esprit closed hundreds of stores in China last year and last year.

Reporters learned that there are only 4 remaining Esprit shops in Fuzhou, which are located in Ledu Hui, Cangshan Wanda, East 100 building and famous shop street.

All these stores are coming out of the store, and some shops are clearing at low prices.

According to sources, at present, Esprit does have the intention to withdraw from the Fuzhou market, and the specific withdrawal time will be comprehensively considered in accordance with the contract period signed by the mall.

"In the past two years, the economy has been greatly affected by the environment.

The impact of the impact and the rising cost of commercial rents, and other fast fashion brand clothing shops on the streets are generally difficult to do, and the reduction of stores is inevitable.

Mr. Chen, a member of the Fuzhou clothing association, said that in addition to the economic downturn, the biggest impact on such clothing stores is online shopping.

For this phenomenon, clothing industry insiders say that some of the old brand fast fashion apparel also has the disadvantages of lack of fashion, lack of change, and low price performance.

Most of the former consumers were white collar workers, but now they are "student party" and parents who buy clothes for their children.

Because of the rapid rise of other fast fashion brand shops and fierce competition among peers, a group of customers have been away from traditional brands.

In fact, in addition to Esprit, a careful citizen has found that many of the fast fashion brand clothing stores that have been popular in the streets are gradually decreasing.

For example, Metersbonwe clothing store is shrinking. Its performance bulletin recently revealed that net profit fell 396% in 2015 and lost 431 million yuan, the first loss in its 7 year listing.

According to the company's top executives, the number of shops in Fujian has been reduced by nearly 30%.

Fuzhou stores have shrunk from more than 20 to 15.