Werd
Great research mate. What I find interesting is that about a year ago they had very little prescence in Tier 2 and 3 Cities but commented that competition was considerably less in these locations. So they have really ramped up their prescence in these cities and their visibility is now ubiquitous throughout China. This will ultimately reinforce their ecommerce sales as well. I wonder how many other foreign brands have this kind of penetration.
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