"Basic no profit." Zhang Xiang said frankly that, in order to find a better source that he regularly participates in underwear show, and each attended the exhibition, information on the purchase of exhibitors do know. "Go discount bags all out to give them bulk mail, all in search of opportunity to find a foreign trade enterprises to help make the entrance of O EM."
In 2003, with efforts to take the line as well as good product quality, Zhang's Phil discount bags costumes embarked on the road foundry, and its client list is littered with H & M, ZA RA, Victoria's Secret and other foreign big names on the market and fashion , foundry continued until 2007. "All that time My life was in fact good, our annual net profit reached more than 20%, while the amount of each order is 10 million pieces."
However, and other foundries, like Wall Street a "sneeze" so that the domestic foreign-based foundry enterprises are all "cold." From late 2007, Phil continued to decline in net profit on the "profit suddenly cut off."
In fact, Phil was first established, Zhang Xiang on the preparation of its own discount bags underwear in considering the design team, this proactive move is better for the later songs riel benefit. "It has its own factory to do labor-intensive enterprises that each owner's dream, foundry exports went to the profit bottlenecks, I had transformed." In early 2008, Zhang put most of the money invested to buy land and build factories on the , ready to do their own brand --- song riel.
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