"After the new product launch, prices dropped by ten percent within two weeks, and out-of-season merchandise permanently dropped by fifty percent. Have they gone mad? Such malicious competition is undoubtedly slow suicide," Wen Maixue almost exploded with anger after receiving the related news.
"They're not committing suicide; they're laying siege to us," Pello's eyes were bright and fixed on the latest information obtained from other channels, "Su Ziceng has set up new factories in several provinces across the country, intending to spread out production costs domestically. Our clothes are airlifted directly from Spain, which costs a lot more than theirs. With just the current cost competition, we are no match for them." Pello already knew they were at a significant disadvantage without waiting for the finance department to calculate the costs.
