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FORDOO
China Hudu Holdings Co., Ltd. (“Hudu”) (stock code: 2399) is one of China's leading men's clothing companies, focusing on designing, purchasing, producing and selling private brand men's clothing products.
Hudu enjoys strong brand recognition and leading and expanding market share in the fastest growing mid-to-high-end men's clothing market in the men's clothing industry. According to Frost & Sullivan, based on retail sales in 2013, Tigers ranked sixth in the mid-to-high-end men's clothing market, enjoying a market share of 2.9%, and the mid-to-high-end men's clothing market accounted for 30.4% of China's overall men's clothing market; Both ranked fifth in the mid-to-high-end business casual men's clothing division and the mid-to-high-end business formal men's clothing division. The company's main product, men's pants, occupies a market leader, accounting for 3.0% of the market share in 2013, ranking second.
As of December 31, 2015, our design and product development team consists of 130 members, including designers, production technicians and other support staff. The main members responsible for the planning, implementation, supervision and management of design and product development have an average of 10 years of experience in the fashion industry. Hudu’s strong and experienced internal team conceives the seasonal product series through interactive processes, regularly attends domestic and foreign clothing exhibitions and travels to fashion cutting-edge countries such as France, Italy, Japan and South Korea, closely following fashion trends. Hudu has obtained several important patents for top installation, model devices and (especially) pants, confirming its strong design and product development capabilities.
The "Hudu" brand has a wide distribution network across the country. As of December 31, 2015, Hudu has entered more than 1,531 retail stores across the country through 61 distributors and 197 secondary distributors, covering more than 240 cities and 31 provinces, autonomous regions and municipalities directly under the central government. At the same time, Hudu has two self-operated retail stores in Quanzhou City, Fujian Province, showing store environmental standards to distributors and secondary distributors. Hudu holds a twice-year product exhibition every year to showcase the upcoming spring, summer and autumn and winter product ranges to existing and potential distributors and their secondary distributors.
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