That is about as much as H&M and Zara, the West’s two biggest fast-fashion brands, combined. Temu, an overseas offshoot of Pinduoduo, a Chinese e-commerce company, has had similar success.
Between 2018 and 2022, Uniqlo has consistently claimed its spot among the top five retailers in the women’s clothing category in mainland China. According to Bloomberg, it stands out as the sole ...
The growing demand for sportswear has driven the success of premium brands. Lululemon reported a 34 percent year-on-year increase in net revenue on the Chinese mainland in the second quarter of this ...