Article: E-COMMERCE: NEW TRICKS FOR OLD RETAILERS


AsiaInfo Services
04-09-2009
E-commerce: New Tricks for Old Retailers

SHENZHEN, Apr 09, 2009 (SinoCast Daily Business Beat via COMTEX) -- This year will be crucial for the Fujian Septwolves Industry Company Limited (SZSE: 002029) to get its e-commerce off the ground, says Zhou Shaoxiong, chairman of the company.

As some online garment retailers such as PPG and VANCL have got a head on traditional retailers, Septwolves, Youngor Group Company Limited (SHSE: 600177), and Li Ning (China) Sports Goods Co., Ltd. (SEHK: 2331) are highly pressured.

Septwolves has been selling its products by way of dealership. However, some dealers and resellers have crashed the pricing system by putting their goods ...

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