Chinese clothing retailers are starting to compete with UK clothing companies in the UK wholesale clothing market.
One major Chinese clothing retailer, Bozzolo, has already acquired some British brands including H&M and Uniqlo.
The chain of retail stores in Hong Kong is owned by a Chinese firm, Jindong.
The UK market for luxury clothing is growing fast.
The British retailer has increased sales by 40 per cent over the last five years and it’s expected to be the largest clothing retailer in the world by the end of 2020.
The market is dominated by big retailers, but smaller brands such as Bozzero, Uniqla and the online clothing retailer Uniqra are taking a bigger slice of the market.
Uniqba is also expanding into new markets such as China, where the Chinese brand has expanded into fashion and accessories.
UniQba is already the largest Chinese online clothing online retailer, and is now targeting the UK as well as the US, with plans to open a major store in the city of Bristol.
“We are very excited to be joining the UK apparel market and want to offer our customers the best service and great value,” said Jindang Group CEO, Yu Mingjie.
We have already signed up to build a second UK store, and we will soon be opening a store in Liverpool.” “
As we grow and become bigger, we will expand into the UK retail space as well.
We have already signed up to build a second UK store, and we will soon be opening a store in Liverpool.”
Uniqlondon The UniqLo stores are being established in cities across the UK, with more planned for the UK by the year 2020.
They are set to offer luxury and everyday items, as well fashion and outdoor accessories.
“Uniqlo has been a leading brand in the clothing and accessories market for over a decade, but this is a huge opportunity for the future, particularly in the high-end fashion market,” said Uniqliondon Group CEO James O’Brien.
“With a range of innovative products and great customer service, we have been looking to expand our UK presence.
We are confident we will be successful.”
He said Univolondon was looking to be a leading player in the British market, particularly for high-street retailers.
“Our vision is to be one of the leading retailers of luxury fashion and luxury footwear, which is something that we are doing well and we are also committed to growing our global footprint,” he said.
Univlondon was founded in 2000, and has more than 4,000 stores across the world.
It has more stores in the US than any other retailer, with about 2,000 outlets across the country.