On the morning of April 6, the second phase of Prince Group’s R&D center, with an investment of RMB 250 million, laid foundation in Qishuyan District.
The Prince R&D Center is currently the only suit research center in China, involving China Garment Association, the National Fashion Design and Processing Research Center, Shanghai Fashion Institute, Tianjin Institute of Clothing Technology, Donghua University and other research institutions. Over the past two years, Prince has used 5%-8% of its annual sales as research funding, while some research results have been shared in the industry, which has promoted the technological progress of domestic suit industry. The newly started phase II project will focus on the development of the world's latest technology and new materials, further improve the standards of China's suit template and production process, and continuously seek for new modes of fashion marketing.
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