Paul】 【Xu Xin: First, we combine beans this brand very well with home textiles as red beans over the years, advertising is a cultural love, love, family, friendship, a little poem of Wang Wei Acacia: Health and southern bean , spring hair Ji Zhi, like multi-Jun pick, this material most Acacia. I think this poem touched most female consumers, is not the truth? And home textiles is a warm, homeiwc
of a feeling, so I say that we have in this area red beans textile of natural together, noting that red beans textile, female consumers will naturally have a good sense of intimacy. So we are actually so many years by means of red bean brand brand of cultural accumulation that well, which get extended to the textile. Of course, some other measures, such as stores, operational context, we also targeted services oris watches
and practices. But first of all is the brand I think a better fit.
By Reporter】: red bean textile How in the increasingly fierce market competition to create their own brands, to seek further development?
Paul】 【Xu Xin: textile industry, competition has entered the second stage, while the apparel industry has entered the third stage, to more intense competition than the textile. Textile industry is still in a stage of development we can not yet to my big market share, your market share to smaller proportions. The current total market in this industry, the curtains, fabric count up all, 700 billion of sales volume, if the curtain aside, there are 500 billion cloth market of the market, so that the market is high. As the industry’s present market share, before some of the brand throughout the market share is not high, the industry concentration is not high, so that later the company has a huge market space. Red beans in the process to determine our multi-brand, international strategy, our strategy is innovation, excellence, innovation first. Because with the development of the industry, with the changing needs of consumers, the industry’s product functionality from the original demand has become a kind of spiritual and cultural needs, bed sheets, quilts no longer just a thermal demand such functionality, so according to different market segments, according to the different needs of customers, brand competition must be a brand positioning is more accurate, more and more segments of this market, a development stage. Early, there is no breakdown of home textiles, we all do sheets, blankets, not any subdivision, but now there is a kind of stage into sub-brand competition, there is a positioning, brand positioning first. So we now own three brands: red beans, Xiang Sidou, red bean situation, we have carried out its different positioning and segmentation, we focus on red beans as the main body to Monopoly, to high-grade as our popular promotion, red beans brand To form a multi-brand, create a brand family of a concept involved in the whole market. Of course, we now lack, or high-end brand, and we hope that through this two years we have contacts with some foreign brands and negotiations, hopes the acquisition through cooperation even The attraction of international brands in this way to do high-end market. We have high-end brands and the main body of the red bean popular brand, to create a brand architecture, the formation of our multi-brand, brand competition pattern.