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ralphlauren

  • [#PromiseConsulting] [#luxurylab] Despite Trade War, Ralph Lauren Gains Momentum in China

    Via Jingdaily, Avery Booker, September 13, 2019

    With only an eight-year official presence in mainland China — opening its first stores there in 2011 — Ralph Lauren is both a relative newcomer and a well-established brand among Chinese consumers. Having developed strong name recognition initially via trips to Hong Kong taken by mainland businesspeople and tourists in the 1980s and ‘90s, for the past two decades the brand has been hit hard by the counterfeit trade, with the Chinese market flooded with fake Polo shirts and knockoff brands.

    But a stronger on-the-ground presence, centered around its hundreds of stockists throughout Greater China along with its Ralph’s Coffee location in Hong Kong, and massive investment in digital marketing and e-commerce is showing signs of paying off. This week, it was reported that Asia remains the fastest-growing division for Ralph Lauren, with China accounting for the majority of the region’s growth.

    [Read more] 

    #RalphLauren #luxury #china #business #fashion #HauteCouture #brand #MarketingTrends