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Customers are paying as much for the products as for the meticulous, personal servic
es and the exclusive, well-decorated spaces where such services are provided. W 上海千花网女神会所
e have removed all the unnecessary parts and are targeting office workers and fresh graduates,” said Wei.
上海千花网Together with four co-founders, the Shanghai Jiao Tong University graduate mad
e several entrepreneurial forays before settling on “accessible menswear tailoring”. 上海千花网
“We have spotted a gap between the supply and demand. On one hand, manufacturers and bran
上海千花网女神会所ds are struggling to keep consumers in an increasingly competitive market. On the other hand, the
young consumers are always looking to find the next perfect shirt or dress,” said Wei.
Today, the company is in partnership with a dozen apparel factories across the country, which help produ
ce not only shirts, but also jeans and jackets for the company’s 1.5 million members. 上海千花网
Sales this year are expected to reach 800 million yuan, four times that of 2018.
上海千花网”I don’t think we are in competition with any particular brand. Instead, we are creating a new category,” said Wei.
But she admitted that the pricing of their offerings has put them in the same field as fast fas 上海千花网女神会所
hion brands like Uniqlo and China’s homegrown menswear giant Heilan Home. 上海千花网
he market for menswear in China has been underestimated for a long time. It’s not like men don’t need to lo
上海千花网女神会所ok smart or have the financial capability to spend, but it’s in our traditional mindset that there is
not a market for them. If there is any difference, it is that they are less willing to spe
nd time on selecting styles and brands, which means higher brand loyalty,” said Wei. 上海千花网
Consultancy firm Euromonitor International estimated that China’s menswear market was worth over 572 billio
n yuan in 2018, up 7 percent year-on-year. While it still accounts for about one-third of the total apparel market, it is proj 上海千花网女神会所
cted to enjoy a higher-than-average growth rate and surpass 612 billion yuan by 2023.
Everbright Securities estimated that China’s tailoring market would be worth 200 billion yuan by 2020, almost twice t
hat of 2016, and about 80 percent of the business would come from the mid-price sector.
Well, we were showing in Paris, London and New York, but three years
ago we went into the mainland. We luckily found a showroom that could help us. The mainla上海千花网女神会所
nd’s market is hard, because stores are very new; brands might not have a website, just WeChat. But sales have
上海千花网grown from our first season to now and it has been significant. The mainland has overtaken my orders from Europe. And of cour
se, the scale is different. We have around 25 points of sale there now. So yes, we’re focusing more and more on the mainland.上海千花网女神会所
Do you design especially for the mainland market?
We do tailor some of our designs, yes. I sometimes follow trends, but we c上海千花网
are more about ourselves and our feedback from the buyers, who will tell us what sol
d well last season. We take that and move forward. But if the buyer says a particular fit works, or a certain color, we上海千花网
will expand on those things. So we take about 50% of outside advice and add 50% of our own ideas.
The media seems to portray the brand as being for fashionistas, yet Cynthia & Xiao doesn’t feel entirely that way. Would you agree?
上海千花网女神会所Yes. It’s for fun kinds of girls who feel comfortable with themselves. We
do get some cool fashionistas who might wear our stuff and some Hong Kong KOLs [key opin
ion leaders]. But I don’t see our brand as a KOL thing. I’d rather have more people wearing and touching the prod上海千花网
uct than a KOL endorsement. I also don’t have a massive inventory of stuff, so I don’t need some super high-profile K
上海千花网OL. It’s about the right balance.Hongkongers don’t really seem to support their local designers – or their artist
s for that matter, either. But isn’t the current digital age meant to be all about disruption, inclusion and youth?
The mainland is also such a different kind of vibe from Hong Kong. They like that “girl-next-door” look, which is very relatable. These上海千花网
influencers are really successful, but you don’t know who they are. It’s a different type of visibility.
We find color just works. When we started out, the palette was more muted, with navy and grey – the idea being that pieces
上海千花网女神会所could be mixed and matched. But as we’ve grown, we’ve incorporated more color – lots of it! [laughs] – like yellow, r
ed, orange, neon green… stuff that’s really in-your-face. And they sell really well for us. The consumers seem to love it.
What’s your best-selling piece?上海千花网女神会所
Our favorite shape is something we call “oversize”. For some girls, it could literally be a dress,
but you would have to wear something underneath. Let’s just say it covers the bottoms and is our best-sel
ling shape no matter what we do. Then again, they also don’t want something too long. They like above the knee. If you co上海千花网
ver the knee, you look short. And of course, the aim is to look both short and thin. In Sha上海千花网女神会所
nghai, we always go shorter – a more fitted shape. Sometimes we make longer pieces, too.
ers on one charge would earn 5 credits for its maker according to previous equations, and in the draft proposal the credits will be redu
ced to 2.5, according to Cui Dongshu, secretary-general of the China Passenger Car Association.上海千花网
He added that the proposed policy encourages better technology as more efficient power consumption will earn more credits.
上海千花网女神会所Analysts said the plan’s release will help carmakers to coordinate their production plans, es
pecially international ones, which have been slower than Chinese ones to respond to policy changes.
Herbert Diess, CEO of Volkswagen AG, called for a stable policy envi上海千花网
ronment at the World New Energy Vehicle Congress held in early July in Hainan province.
The German carmaker said almost half of its new energy vehicles produced in 2028 will
上海千花网女神会所be made in China. China has been the largest market for new energy vehicles since it overtook the United States in 2015.
So far there are around 3.5 million such vehicles on its roads.
The country’s new energy vehicle sales surged 65.9 percent year-on-year to 577,000 units上海千花网
during the January-June period, data from the China Passenger Car Association showed.
上海千花网女神会所The draft proposal is expected to help boost hybrids as well, to which Japanese carmakers have devoted much time and money.
They would still be considered fossil-fueled but re-classified as “low fuel consu
mption passenger vehicles” and thus will incur less negative points than traditional vehicles.
Under the current system, automakers in China are obliged to make up for a portion of the negative points they incur whe上海千花网女神会所
n they produce internal combustion engine vehicles with points won for producing new energy vehicles.
Analysts said the revision could see more traditional vehicles replaced with hybrids, because when automakers prod
uce hybrids. The proposed change came as a surprise, some experts and industry officials said, because the gove上海千花网女神会所
rnment has never before given any preferential treatment for hybrid technology.
“The new proposed policy is a roundabout way to promote hybrid cars,” said Cui in a social media post.
China will maintain a prudent monetary policy in the year’s second half, with potential policy adjustments depending mainly on
the domestic economic situation and price levels, a senior central bank official said on Friday.上海千花网女神会所
Having noticed the recent monetary easing in some foreign central banks and the United States Fe
上海千花网女神会所deral Reserve’s strong message that it will make a cut later in the policy rate, the Chinese centra
l bank has decided not to change its monetary policy stance, while continually reducing the actual financing costs o
f enterprises, said Sun Guofeng, head of the monetary policy department of the People’s Bank of China, the central bank.上海千花网
“In the second half, we will maintain the liquidity at a reasonably ample level through leveraging
diversified tools and strengthening macroeconomic policy coordination,” said Sun, adding that mo
derate money supply growth can support the country’s high-quality economic growth.上海千花网
Sun made the remark after the central bank released major financial da
ta on Friday. The broad money supply, or M2, increased by 8.5 percent by the end of June
上海千花网女神会所from a year earlier. The growth rate had remained unchanged for three consecutive months starting in April.
Chinese banks issued yuan-denominated loans of 9.67 trillion yuan ($1.41 trillion) in the first six month
s, and 1.66 trillion yuan was newly extended in June, up from 1.18 trillion yuan in May, the PBOC said.上海千花网
Total social financing, a broad measure of credit and liquidity in the economy, increased by 13.23 trillion yuan in the firs
上海千花网女神会所t half, compared with an increase of 10.05 trillion yuan in the same period last year, officials said.
“Rapid growth of total social financing proved that the financial se
ctor is enhancing support for the real economy,” said Ruan Jianhong, head of the central ba上海千花网
nk’s Statistics and Analysis Department, at a Friday news conference.
上海千花网女神会所The RMB, compared with some other major currencies, has performe
d well in the first half, and its current exchange rate is basically in line with the economic fou
ndation, as the International Monetary Fund determined recently, according to Sun.上海千花网女神会所
“In the future, the market will play a decisive role in determining the RMB exchange rate, and we will take macro-pruden
t measures when it is necessary to maintain the exchange rate at a stable and reasonable equilibrium,” Sun added.
against the central government shows they could not care less about the
overall interest of Hong Kong society and are merely exploiting the controversy over t上海千花网品茶微信
he extradition law amendment to advance their own agenda, as they have don
上海千花网e with other social issues before. They should be shunned by those who have Hong Kong’s best interests at heart.
Now that the SAR government has called time on the amendment bill, it can turn its attention to the most important mat
ters at hand — economic development and improving people’s livelihoods. Those who really want the bes上海千花网品茶微信
t for Hong Kong should be willing to work with the SAR government to tackle the deep-seated problems the SAR faces.
上海千花网Taiwan leader Tsai Ing-wen and other secessionists on the island ma
y feel exhilarated about the US State Department on Monday approving the pot
ential sale to Taiwan of $2.2 billion in arms, considering the move to be a sign that they will be able to count on the U上海千花网品茶微信
nited States for help should there be a military confrontation with the Chinese mainland.
And for those in the US who consider Taiwan as a pawn the US can use上海千花网
in its competition with China, the sale of arms represents not only a profitable deal, but also
a hedge to maintain the status quo in which they can regard Taiwan as an independent entity.上海千花网品茶微信
Tsai and her followers should know that their exhilaration is nothing but whistling past the
graveyard. The more arms the island buys from the US, the less safe the island becomes as efforts to bu上海千花网
ild up the island’s military capabilities only serve to send a clear message of secessionism to the mainland.
Tsai and her followers should not underestimate the mainland’s resolve to defend the nation’s sovereignty and territ
orial integrity. The farther the island moves away from the possible peaceful reunion w
ith its motherland, the more resolute the mainland will become to take the island back by force.
By building up its military defense, Tsai is playing a game of brinkmanship.
signed and engi上海千花网neered in California and includes components from several countries in
cluding the United States”, and “final assembly is only one part of the manufacturing process”.上海千花网
Apple has been expanding its R&D push in China, one of the world’s largest consumer
上海千花网electronics markets. Since 2017, it has established four R&D centers in the country – one each in Beijing, Sh
enzhen, Shanghai, and Suzhou – entailing a combined investment of 3.5 billion yuan ($509 million) and em
ployment for over 1,000 people dedicated to innovation in hardware, software and services.上海千花网
More efforts are needed from Chinese companies to explore the potential of massive data as mounting firms globally own “d
上海千花网女神会所ark data” and very few know how to use it, an industry insider said during the three-day Annual Meeting of the New Ch
ampions 2019, also known as Summer Davos, which ended Wednesday in Dalian, Liaoning province.
“Many companies or organizations didn’t fully realize the potential of “da
rk data”, which refers to all the unknown and untapped data generated by an org上海千花网女神会所
anization’s systems, devices and interactions”, said Song Haiyan, senior vice-president and general manager of se
上海千花网curity markets of Splunk, a US company leveraging software to search and analyze data.
“The chaos of being unable to deal with such data creates tremendous opportu
nities for motivated companies to learn, as well as for Splunk to empower them to use it,” she said.上海千花网女神会所
Another challenge for companies using data is that they tend to simply collect d
ata but do not use it to predict something that they don’t even know, she added.
上海千花网女神会所In the wake of such problems, Song said Splunk has integrated some premium solutions, including artificial int
elligence, across the platform to help companies better use “dark data”, as well as predict future outcomes.
Splunk, founded in 2003, is a Nasdaq-listed company. Its total revenues hit $425 mil上海千花网女神会所
lion for its fiscal first quarter ending April 30 this year, which was a 36 percent increase year-on-year.
“I am glad to see that here in China, companies are putting the use of AI into a higher-than-ever role in their b
usinesses,” she said, adding that she was confident about business growth in the country.
First, China has undisputable sovereignty over islands and their surrounding waters in the South China Sea, backed by a wealth of historical and legal basis,” Shao said.
For a long period of time, various nations’ normal passage and flight in the region have never been obstructed. “There i
s no issue over the freedom of navigation and overflight in the South China Sea,” he said.
However, the US has frequently sent vessels and aircraft to trespass into Chinese mar
itime territory and airspace, and has conducted intense intelligence gathering and special drills in the region.
“These actions damage the peace and security of the region,” Shao said. “As a result, the PLA
has installed necessary defense equipment on the islands in accordance with security needs. This is within
the natural rights of a sovereign state, and a necessary measure to counter those provocative actions.”