The road to rise: how fast fashion swept the world
In 2004, ZARA entered the Chinese market and attracted a large number of young consumers who pursue fashion with its fast speed of new products and trendy designs. In fiscal year 2017, Zara's number of stores in the Chinese mainland market reached a peak of 183. H&M joined the battle in 2007, expanding at an average rate of 80-90 stores per year in mainland China from 2012 to 2016. In fiscal year 2017, it had a total of 438 stores in 139 cities in mainland China. The rapid expansion of these fast fashion brands has made the scale of China's fast fashion market exceed 200 billion yuan in 2017. https://newsheet.net/hot
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