8Seconds Korea Fashion Brand Entered China'S Beauty In Two Years. Are You Ready?
Korea fast fashion brand 8Seconds
It has been established for 3 years, and its sales performance is brilliant. Next step is to open up the international market.
At the end of December, 8Seconds expects sales in 2014 to grow by 20% over the previous year, to 156 billion won, or about 143 million 500 thousand US dollars.
During this period, the brand opened two new stores, and the total number of stores has reached 28.
At the same time, brand sales in 2017 reached 380 billion won, about 349 million 490 thousand US dollars, and the number of stores reached 58.
"8 Seconds" positioned the target from the stage of commodity planning.
Global brand
The first door to globalization is to prepare to enter the Chinese market.
In recent redesigned logo, the Chinese name of the brand has been added.
Jeong-Kim, President of 8Seconds, said 8Sceonds will open the store in China in 2 years.
"Chinese tourists are 8Second's largest international consumer group.
After stabilizing the Korean market, we will open up the international market.
Kim also mentioned that Korea's fast fashion market is currently growing at a rate of 7%. "The whole Korean fast fashion market will exceed 3 trillion won this year, equivalent to about 2 billion 760 million of the US dollar."
8 Seconds belongs to
Korea's first wool weaving
It is a direct enterprise of Korea Samsung Corp. Founded in 1954, it was mainly engaged in the production and operation of textile and garment products, and later expanded to the production and sale of high-tech materials.
Samsung has high hopes for "8 Seconds".
As the largest enterprise in Korea, Samsung has been involved in textile, finance, insurance, machinery, chemical industry and other fields besides electronic products.
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