France is playing a leading role in pressing the EU to act against imports of Chinese textiles, but a French clothing company is showing how it is possible to survive and prosper by exporting to China.
The family company, La Bonneterie Cevenole company, based in the Ardeche region of southern France, specializes in up-market Montagu brand shirts made from an artificial fiber known as polyamide, and exports 80 percent of its 750,000 annual production to China, explained chief executive Pierre Gros.
The very rich
"Today in Europe, people buy Chinese clothing products, because they prefer to spend their money on telecommunications or overseas holidays, while in China, there is a category of very rich people who want to buy imported products even if they are expensive," Gros said.
La Bonneterie Cevenole, established in 1929, made a key strategic move in the 1970s with an early entry into China using a clever marketing strategy even though it could not legally sell its products inside the country.
Pierre Gros, during a trip to Hong Kong in the 1970s at the age of 24, was struck by the uniformity of the clothing and the intense curiosity of the Chinese about Western culture.
Billboard beginnings
"We realized that China could become a market and we had an idea to do advertising there, even though we didn't have the right to sell in China," Gros said.
For "almost nothing," and before the opening of the Chinese market, the company bought large billboard advertising spaces in railway stations and key locations in Guangzhou and Shanghai as well as television advertisements in Hong Kong and Macau.
"A lot of people live in Hong Kong and go back every year to visit their families in [mainland] China taking back presents, jeans or cigarettes. Our strategy at the time was to make the Montagu shirt part of the presents carried back by visitors," Gros said.
The campaign proved successful and company, which then had 20 stores in Hong Kong, saw its sales multiply.
"The market opened little by little, first in Hong Kong, then after four or five years with normal merchandise trade" the rest of China, Gross said.
Quality
Gros is not pessimistic about the future of the French textile industry because "France has an image of high-quality."
He said: "The Chinese want to buy French products which stand out from what they can buy at home."
However, the successful French exporter called for a "fairer treatment" by China where the tax on European clothing products is 14 to 17 percent compared to 5 percent in Europe.
LEVERAGE: China did not ‘need to fire a shot’ to deny Taiwan airspace over Africa when it owns ‘half the continent’s debt,’ a US official said, calling it economic warfare The EU has raised concerns about overflight rights following the delay of President William Lai’s (賴清德) planned state visit to the Kingdom of Eswatini after three African nations denied overflight clearance for his charter at the last minute. Taiwanese allies Paraguay and Saint Kitts and Nevis, as well as several US lawmakers and the Inter-Parliamentary Alliance on China (IPAC) condemned China for allegedly pressuring the countries. Lai was scheduled to fly directly to Taiwan’s only African ally from yesterday to Sunday to celebrate the 40th anniversary of King Mswati III’s accession and his 58th birthday, but Seychelles, Mauritius and Madagascar suddenly revoked
The number of pet cats in Taiwan surpassed that of pet dogs for the first time last year, reaching 1,742,033, a 32.8 percent increase from 2023, the Ministry of Agriculture said yesterday, citing a survey. By contrast, the number of pet dogs declined slightly by 1.2 percent over the same period to 1,462,528, the ministry said. Despite the shift, households with dogs still slightly outnumber those with cats by 1.2 percent. However, while the number of households with multiple dogs has remained relatively stable, households keeping more than two cats have increased, contributing to the overall rise in the feline population. The trend
China on Wednesday teased in a video an aircraft carrier that could be its fourth, and the first using nuclear power, while making an allusion to Taiwan and vowing to further build up its islands, as it looks to boost maritime power, secure resources and bolster territorial claims. The video, issued on the eve of the 77th founding anniversary of the Chinese People’s Liberation Army Navy, featured fictional officers with names that are homophones of three commissioned aircraft carriers, the Liaoning (遼寧), Shandong (山東) and Fujian (福建). Titled Into the Deep, it showed a 19-year-old named “Hejian” (何劍) joining the group, sparking
Taiwan has signed six arms procurement offers from the US totaling more than NT$208 billion (US$6.59 billion) covering long-range precision strike systems, missile stockpile replenishment and joint production of large-caliber ammunition, the Ministry of National Defense said yesterday. The government’s proposed NT$1.25 trillion special defense budget has been stalled in the Legislative Yuan as opposition lawmakers question the amount and procurement items, while the Presidential Office and defense ministry say that the full amount is necessary to safeguard Taiwan. Minister of National Defense Wellington Koo (顧立雄) on Monday briefed the legislature’s Foreign Affairs and National Defense Committee on the defense budget for