a list of major OEM factories and the brands they cooperate with:
I. OEM Factories for Luggage and Leather Goods
1. Xiangxing (Fuqing, Fujian)
Brands it manufactures for: Samsonite, WENGER, SWISSGEAR, FILA, PUMA, TARGUS, Adidas.
Core capabilities: It produces over 100 million pieces of luggage annually, has a complete industrial chain, and occupies about 20% of the global luggage market.
2. Longfeng Group (Mengzhou, Henan)
Brands it manufactures for: UGG, Ferragamo, Prada, LV.
Technological barriers: It has mastered the core technology of sheep – skin tanning and monopolizes 70% of the Merino sheep – skin procurement in Australia.
II. OEM Factories for Clothing
1. Lian Thai Group (Dongguan, Guangdong)
Brands it manufactures for: Ralph Lauren, Calvin Klein, Victoria’s Secret.
Scale: It has 80,000 employees and an annual output value of over 5 billion yuan.
2. Lianye Group (Hong Kong/Dongguan)
Brands it manufactures for: Burberry, Givenchy, DOCKERS, Brooks Brothers.
High – end craftsmanship: It is good at processing fine – spun fabrics for suits and overcoats.
3. Xia Meng Yijie Group (Wenzhou, Zhejiang)
Brands it manufactures for: Zegna.
Cooperation model: It established a joint – venture company with Zegna to supply high – end men’s suits exclusively.
4. Cheung Kong Garments (Hong Kong/Wuxi)
Brands it manufactures for: Yves Saint Laurent (YSL), Marc Jacobs, Diesel.
Industrial chain extension: It acquired the French brand Guy Laroche, realizing a parallel operation of OEM and self – owned brands.
III. OEM Factories for Footwear and Accessories
1. Times Group (Dongguan)
Brands it manufactures for: PRADA, COACH.
Cost comparison: A handbag with a factory price of 200 – 230 yuan can be sold at the brand’s terminal for up to $25,000.
2. Venus Group (Shenzhen, Guangdong)
Brands it manufactures for: Lululemon, Victoria’s Secret, Uniqlo.
Transformation case: It reverse – acquired 49% of the equity of Victoria’s Secret’s China business to layout brand operation.
IV. OEM Factories for Special Processes
1. Babei Group (Shengzhou, Zhejiang)
Brands it manufactures for: Zegna, HUGO BOSS.
Technological innovation: It has the world’s first industrialized mass – production project of silkworm – rearing with all – age artificial feed, controlling the upstream of the silk industry.
2. Dongao (Jiudi Manufacturing, Changzhou)
Brands it manufactures for: Levi’s, GAP, UNIQLO.
Production capacity: It has 25 factories globally and produces over 100 million pairs of jeans annually.
V. Industry Status and Trends
1. Profit – margin differences
The net profit margin of OEM factories is less than 5%, while the gross profit margin of luxury brands is generally over 60%. For example, the cost of an LV canvas bag is less than 200 euros, but the terminal selling price can reach over 2,000 euros.
2. Risk of industrial transfer
Some luxury brands are shifting their orders to Vietnam and Indonesia, and domestic OEM factories are facing competitive pressure.
3. Rise of white – label direct sales
Some factories directly sell logo – free similar products through platforms like TikTok, and the price is only 1/10 of the branded products.
Summary
Chinese OEM factories play a key role in the luxury – goods industrial chain, but they generally face problems of low profits and brand dependence. For specific OEM agreements or the latest industry trends, you can further query the official websites of the above – mentioned enterprises or industry reports.
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