Michael Kors launched the Made in China
Michael Kors these days in China is very busy.It not only opened stores in many parts of the mainland China.Own stocks listed on the Hong Kong stock exchange on Friday.But also more and more high-end fashion products to get the Chinese to produce. Michael Kors production of a variety of products from handbags, shoes, men's and women's clothing.The company is currently about 20% of the products produced in China.Based in Milan, Italy, the company said in its IPO prospectus.It is also Vietnam, Turkey and Romania, and other countries with lower labor costs to produce the product.In addition to the Michael Kors brand.The company also owns the Miu Miu, Church's and Car Shoe brands. The designer Miuccia Michael Kors, Michael Kors, said in an interview.The other fashion brands will sooner or later come to China production products.Because the level of production in China is so good.She added.Chinese people, especially good shoe. European luxury fashion brand, Michael Kors, Gucci and Louis Vuitton, to establish the reputation of its products are manufactured in France and Italy.These brand products can sell at high prices to some extent, because France and Italy, superb production technology. European luxury brands.The temptation of some manufacturing operations to overseas is increasing.The financial crisis caused by the industry's operating margin pressure.British fashion brand Burberry.The company closed a factory in the United Kingdom and the transfer of manufacturing operations to Asia and attacked. European production capacity is limited.Hermes is continuously recruited in France received two years of training new workers.Louis Vuitton's 12 production facilities in France, this month will begin operations.But last year it was forced early shut down some stores.Because the inventory of these shops are dwindling. The luxury companies choose to produce ground they can not only consider the gains and losses.Michael Kors's home country of Italy. 'Italy has become a political issue.As fashion goods company Versace boss Italian Senator last year lobbying carried out through a Made in Italy law.The law will require the establishment of a brand certification system.To improve the transparency of the clothing in origin.The law is currently awaiting approval from the European Commission. Products in order to be labeled Made in Italy.Most of its production costs in Italy must Caixing.Luxury brands such as Michael Kors products in China.They are hard to please Asian consumers may also dissatisfied.Says luxury counselor Bulanqini.Chinese consumers are prepared to pay higher prices for the luxury brand products.But they do not want the product is manufactured in China. Michael Kors products manufactured in China and its products in Italy there is no difference in pricing.One pair to the brand slope with woven shoes priced at $ 455.Sandals with price and production in Italy.
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Of course it's made in China and still charging $1500 to the public while it's only costing pennys to the dollar to make. All for promoting some guys name. What has this world come to.
ReplyDeleteI agree, when you think though... What are we promoting by buying this product?
DeleteI agree. That's why when I sell something on Poshmark or ebay and it has a famous name I tell them if it's authentic or not and who gives a damn because it's nice anyways. Most of the people I know who owns real items usually use it for awhile and end of getting rid of it and loosing so much money. How stupid is that?
ReplyDelete