Bosideng spent 55 million U.S. dollars to open its first flagship store in London

According to the Financial Times, Chinese down jacket maker Bosideng will open a flagship store in London this month, marking the first time that apparel retailers in mainland China will open their stores in London. Previously, China, as the world's largest exporter of apparel, was mostly foundry, with only a handful of brands being sold in department stores in Europe and North America. Bosideng's flagship store reportedly chose SouthMolton Street, London's most prominent (and most expensive) shopping street, and said that Bosideng clearly intends to gamble. The report quoted Wayne Zhu, chief executive of Bosideng UK, as saying London's flagship store is the first of several stores the brand plans to open in Europe. He said the company hopes to open stores in New York for some time now, "but has not found a suitable Manhattan store." Bosideng hopes that overseas stores will contribute about 5% of the group's total revenue after five years. But opening a shop in London is neither quick nor easy. Planning and development took two years to transform the original three-story building (where the 'HoginthePound' bar was located) into a six-storey building with shops, offices and apartments. Flagship store development costs a total of 35 million pounds (55 million US dollars). If the closing work is completed successfully, the flagship store will be opened on July 26. Data show that Bosideng currently has over 10,000 retail outlets, mainly in mainland China. In the year to March 2012, its net profit rose 17.2% to 225 million U.S. dollars, while revenue rose 19% to 1.3 billion U.S. dollars. In other retail sectors, sportswear manufacturer Li Ning opened a flagship store in the United States in January 2010, in Portland, Oregon, where rival Nike was headquartered but closed in February this year. The first Chinese fashion brand retailer to enter overseas markets was ShanghaiTang, a luxury fashion company created by David Tang, which went overseas 15 years ago. However, "Shanghai Beach" was founded in Hong Kong, and Bosideng is a brand from Shanghai, Mainland China.

Stainless Steel Opener

It`s one of our Metal Opener-Stainless Steel Opener. As far as we all know that, stainless steel is much strong, it will not broken when be used. Sometimes, it`s without plating color, because the metal base color is much beautiful now.

But you could laser or debossed your logo on it if you like.

 

Description of Stainless Steel Opener:

Item: Stainless Steel Opener

Process: Die casting

Design: Customized (2D/3D)

Material: Stainless steel

Size: Standard size or custom size

Thickness: Standard size or customized

Plating: Imitation gold/real gold/antique gold/misty gold/silver/misty silver/antique silver/brass/misty brass/antique brass/copper/misty copper/antique copper/nickel/misty nickel/antique nickel/chrome

Color: Custom (any Pantone color in our stock)

Attachment: Metal chain/Magnet

MOQ: 1000pcs 

Usage: Bottle Opener

Packing: 1pc/polybag/box

QC Control: 100% inspection before packing, spot inspection before shipment

After-sale service: Free replacement if find out any short or defective goods within 90 days after shipment

Sample time: 7-12 days

Production time: 18-20 days

Shipment: TNT/UPS/DHL/FEDEX/BOAT

Payment: 100% in advance for small orders; 30% deposit, 70% before shipment for big orders.

 

Stainless Steel Opener

Stainless Steel Opener,Metal Bottle Opener,Custom Bottle Openers,Custom Wine Openers

Artilanyard Co., Ltd. , http://www.grmgifts.com

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