In the fashion world, taste is no longer a collective concept. It is
characterized by the desires of every individual.
After dressing to look beautiful and elegant for decades, Chinese people
today have an increasingly strong desire for individuality.
Seeing market potential in this, Tianjin-based joint venture Jin Tak Garments
Co Ltd plans to launch its tailor-made brand Pirouni in China in the middle of
this year, a move to further upgrade its product portfolio.
Named after Jin Tak's President and Chief Executive Officer Stavros Pirounis,
the brand Pirouni is targeted at providing comfort, quality and unique garments
to contemporary men. It is a combination of European flair, Italian chic and an
eye for detail, the firm claims.
Pirounis, half Greek and half Italian, has worked in the
fashion industry for 30 years. He is also a
Jin Tak shareholder.
He calls the move "bringing Italian-Napoli tailoring to China." The firm has
introduced special technology from Italy, and recently established a hand-made
Italian tailors workshop, headed by a designer and 28 top craftsmen chosen from
the existing 700 plus workers in the company.
All the suits under the brand Pirouni are 100 percent hand-made, with each
hand-made jacket taking 20 hours of work, compared with machine-made times of
five hours for a jacket and matching trousers.
So far, the workshop only produces 12 pieces a day, but Pirounis says the
firm plans to increase production to 10,000 pieces annually by 2008, tripling
the number of workers.
"We see a trend in China of people preferring high quality products, and many
of them go for handmade suits," Pirounis says.
Currently, Pirouni hand-made suits are already sold in prestigious shops in
London and Milan, and the company has carried out a trial business in Beijing,
receiving very positive feedback, Pirounis tells China Business Weekly.
"We carried out joint activities with private clubs, targeting high-ranking
government and corporate officials. Those niche customers all believe there is
no right or wrong way in how someone dresses. There is only suitable or
unsuitable," he explains.
A man's clothes should marry practicality with style, the utilitarian and the
artistic, Pirounis says.
The Pirouni image combines classic elegance with contemporary style,
including oriental touches. It will be launched first in cities like Beijing and
Shanghai, before moving to other Chinese cities. The final goal is to build up
the brand across Asia, according to the president.
To produce the finest clothes only the finest materials should be used, the
firm believes. In order to uphold its reputation for quality, the company only
sources quality materials from the most exclusive suppliers, including Cerruti,
Ermenegildo Zegna, Loro Piana and some of the best fabric suppliers in China.
Loro Piana is one of the world's major suppliers, with employees scouring the
earth from Mongolia to Tasmania to obtain the right fibres.
Pirounis notes that the Pirouni suits are all made in the typical Italian
way. For example, instead of gluing canvas to the main cloth, Pirouni first
soaks the canvas in water for six hours, dries it, then hand stitches it to the
cloth.
This process makes the whole jacket lighter, flatter and more comfortable,
the president claims.
In addition, the company has strict quality controls for all its products,
and believes its quality standards are the highest in the Chinese textile
industry.
The president says both the cost and profit of a handmade product is high
compared with normal machine-made clothes.
"Production costs are at least five times higher and the profit is about 20
to 30 percent higher," he says.
Upgrading the product portfolio is a crucial strategy for Jin Tak in the
coming few years. In addition to the Pirouni brand, it will introduce two
foreign brands to the market, one from Europe and one from the United States, by
the end of next year, the president said, declining to reveal which ones.
As for the license business of Pierre Cardin, the company will continue to
put more effort on design and technology innovation. A made-to-measure service
will be offered with the Pierre Cardin "Sartoriale" line.
With an exclusive license for Pierre Cardin suits and overcoats in China, Jin
Tak manages the brand from design, fabric selection, cutting, stitching and
pressing, to distribution and retailing.
Today it has 298 sales outlets and annual revenue of $30 million, accounting
for half of Jin Tak's retailing turnover.
Jin Tak is also a vendor for international brands, such as AX Armani
Exchange, CK and Joan & David.
The president says Jin Tak does not plan to compete with the large number of
local apparel manufacturers, but rather focus on the top-end market. "Our
strategy is on small volume but high value business," Pirounis says. Jin Tak is
a very small company, with only 700 employees, while many other small-scale
garment manufacturers easily have 3,000 to 4,000 employees, he adds.
(China Daily 01/06/2007 page7)