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Vietnamese fashion brands scaled down their operation finding difficult to compete with foreign brands

Related Keywords: high-end fashion brands

In Vietnam, presently about 200 foreign fashion brands exist holding major 60 percent of the domestic market share. The bestsellers are mid-tier ones such as Giordano and Bossini and high-end ones bearing CK, Mango and D&G brands. Many Vietnamese brands have scaled down their operation in recent years because of an unsatisfactory business performance.

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