Fashion eCommerce is growing increasingly influential, particularly in markets with a young population, such as Vietnam, where demand for fashion and lifestyle is diversified.

Recognising this, several fashion brands have begun developing their own eCommerce websites to join this lucrative business swiftly.

1. Coolmate 

Coolmate is a men’s fashion business started in 2019. With a D2C eCommerce strategy as the centre for business development, after only 2 years of implementation, Coolmate had a successful capital call on Sharktank with Nguyen Hoa Binh for 500,000 USD. By 2021, Coolmate’s sales may reach VND 139 billion, an increase of 3.5 times compared to 2020, setting the 2022 revenue expectation at 440 billion.

• Fashion field: Menswear
• Website: https://www.coolmate.me/ 
• eCommerce platform: Laravel
• Traffic: 1.5M/month
• Rating: 854 (Vietnam), 55,047 (Global)
• Estimated value: $16,781

2. Hải Triều

Hai Trieu, which was founded in 1991, has over 30 years of expertise in the watch industry. To adapt to the changing industry and consumers, Hai Trieu has incorporated an eCommerce strategy into its business model with the objective of becoming a dominant watch retailer in Vietnam. Hai Trieu’s eCommerce website has received over 1 million monthly visits and is ranked among the top sites in the fashion eCommerce industry in Vietnam. (according to iPrice).

• Fashion field: Watches
• Website: https://donghohaitrieu.com/ 
• eCommerce platform: WooCommerce
• Traffic: 1.1M/month
• Rating: 807 (Vietnam), 51,641 (Global)
• Estimated value: $19.016

3. PNJ

The official name of PNJ is Phu Nhuan Jewelry Joint Stock Company, which was founded in 1988. PNJ has spent a long time developing a fashion eCommerce website to apply the omnichannel sales strategy. Because of the early adoption of eCommerce, PNJ has surmounted the tumultuous year of 2021 with net sales of over VND 19,547 billion, an increase of 12% over 2020.

• Fashion field: Jewelry
• Website: https://www.pnj.com.vn/ 
• eCommerce platform: CS Cart
• Traffic: 926.9K/month
• Rating: 791 (Vietnam), 49,842 (Global)
• Estimated value: $21,007

4. Juno 

Founded in 2005, Juno is a brand known for its line of women’s fashion shoes and bags. Juno saw the enormous potential of the e-commerce sector and invested early in technologies to make the online company more efficient. As a result, the eCommerce website of Juno is currently the highest-visited website in the fashion line of shoes and bags in Vietnam.

Juno has usually cultivated the clothes and accessories area to suit its clients’ increasingly broad consumer demands.

• Fashion field: Womenswear
• Website: https://juno.vn/ 
• eCommerce platform: Haravan
• Traffic: 899.3K/month
• Rating: 1,242 (Vietnam), 80,279 (Global)
• Estimated value: $20,688

5. Canifa

Canifa is a family fashion brand established in 1997, under Hoang Duong Service and Trading Joint Stock Company – a large fashion retailer in Vietnam. Canifa has built an eCommerce business with a reputation achieved in traditional fashion since 2012. Because of its long-term and sustainable eCommerce business strategy, this company opted to invest in establishing its own eCommerce website on the open-source platform – Magento and regularly upgrading this system to provide clients with the better eCommerce experience possible.

• Fashion field: Familyswear
• Website: https://canifa.com/ 
• eCommerce platform: Magento
• Traffic: 286.2K/month
• Rating: 2,537 (Vietnam), 155,488 (Global)
• Estimated value: $8,383

6. Hoang Phuc International

Hoang Phuc International (Hoang Phuc) was established in 1989 as a luxury fashion retailer of Kappa, Ecko Unltd, Superga, Replay, and Staple. This brand has decided to enter the eCommerce industry after three decades of using traditional strategy.  Hoang Phuc has utilised and changed numerous platforms to create the successful eCommerce website that it is now. This business is currently employing the Magento platform – an open-source platform specialised in eCommerce.

This firm utilizes KOL and Livestream strategies to boost market penetration, besides constantly improving its own eCommerce website for selling apparel online.

• Fashion field: Retail of luxury products
• Website: https://hoang-phuc.com/ 
• eCommerce platform: Magento
• Traffic: 258.0K/month
• Rating: 2,338 (Vietnam), 144,530 (Global)
• Estimated value: $19,895

7. Biti’s

Bitis began as a small factory in 1982 and has grown to become the market’s top shoe and footwear brand. However, when user behaviour changes and new “players” enter the market, this business appears to fall behind. After a long period of lagging, Biti’s new CEO, Vuu Le Quyen – the eldest daughter of Mr. Vu Khai Thanh – chose to change strategy, focusing on investing in eCommerce business model to accelerate and catching up with the market.

Bitis’s has made a dramatic recovery due to this new strategy, vying directly with worldwide brands such as Nike, and Adidas in the Vietnamese market after a number of years of losing market share.

• Fashion field: Footwear
• Website: https://bitis.com.vn/ 
• eCommerce platform: Haravan
• Traffic: 206.6K/month
• Rating: 2,549 (Vietnam), 149,642 (Global)
• Estimated value: $8,966

8. Orchard

Orchard, which was founded in 2004, is a supplier of more than 200 luxury perfume brands from across the world. Orchard has implemented eCommerce promptly to tap the “gold mine” of this industry and become the No. 1 perfume retail brand in Vietnam. Orchard’s eCommerce website is now the favorite destination for customers who want to buy perfume online.

• Fashion field: Perfume
• Website: https://orchard.vn/ 
• eCommerce platform: WooCoomerce
• Traffic: 134.8K/month
• Rating: 6,800 (Vietnam), 372,708 (Global)
• Estimated value: $4,437

9. ONOFF

ONOFF was established in 2005 with the goal of providing daily comfort to everyone. ONOFF has advocated for adopting an eCommerce strategy by investing in building Magento websites like Canifa in 2016. As a result, the brand is gradually synchronizing on online and offline channels, with a customer loyalty rate of 80% maintained at all times, allowing ONOFF to more firmly believe in its goal of becoming the leading lingerie brand in Vietnam and a chance to conquering the ASEAN market in the next three years.

• Fashion field: Lingerie
• Website: https://onoff.vn/ 
• eCommerce platform: Magento
• Traffic: 79.5K/month
• Rating: 10,061 (Vietnam), 518,911 (Global)
• Estimated value: $9,289

10. Rabity

Rabity is a children’s fashion brand that was launched in 2000. Currently, Rabity is the sole Disney and Marvel partner with image rights for children’s fashion lines ranging from 0 to 14 years old. Rabity is pleased to have been the pioneer in deploying the first eCommerce for children’s fashion in Vietnam. Rabity is now present on all eCommerce channels and has its own eCommerce website.

• Fashion field: Childrenswear
• Website: https://rabity.vn/ 
• eCommerce platform: Haravan
• Traffic: 12.3K/month
• Rating: 43,904 (Vietnam), 1,972,408 (Global)
• Estimated value: $15,335

Overall, fashion businesses are achieving several successes after developing their own eCommerce websites. However, the fashion eCommerce industry needs careful consideration of tactics to take the most successful actions in the short term and in the long run. Of course, to do that challenging task, fashion companies must find a well-known or build skilled IT team.

Fashion eCommerce has shown excellent development potential in recent years, with a worldwide market worth USD 759.5 billion in 2021 and predicted to reach USD 1 trillion by 2025. Clothing (+12.7%), Footwear (+11.6%), and Bags and accessories (+8.5%) are expected to increase the fastest in 2023.

Furthermore, fashion is one of the “four pillars” of Vietnam’s e-commerce economy, accounting for 43% of all online purchases, trailing only the eGrocery industry. According to the e-Conomy SEA Report 2021, 47% of Vietnamese respondents think that fashion eCommerce has become a consumer purchasing habit.

Despite the numerous prospects, this industry has multiple problems, including numerous rivals, continually changing consumer preferences, pushing firms to diversify models, Omnichannel sales to create more customer touchpoints, and so on.

As a result, to properly deploy fashion eCommerce, company managers must examine various elements, including the fundamental factor of developing a website. Among eCommerce platforms such as Shopify, BigCommerce, and WooCommerce, Magento is renowned as a platform used by many famous brands to establish eCommerce, including Canifa, Hoang Phuc International, OnOff, and others. So, why have these companies selected Magento?

Fashion eCommerce requirements

Website interface

The demanding consumer base with excellent aesthetic sensibility is a common element of the fashion sector. This necessitates that fashion firms concentrate on the design of the eCommerce website interface, particularly the homepage, which must be professional and eye-catching.

The disadvantage of online fashion purchasing is that you cannot “See it with your own eyes, touch it with your own hands.” Therefore, the more detailed and colourful the image/video, the more authentic and trustworthy it will appear to buyers.

In terms of the UI (User Interface), visualisation affects the capacity of customers to engage with the website, helping to answer the question: “Has the user being able to navigate clearly from one page to another in a convenient way? “

Another website interface design is user experience (UX), from consistency in call to action button (CTA) or illustration locations, everything should be more convenient to create the most consistent experience for all website users.

Functional system

Many functionalities are required for an online fashion business website to satisfy industry requirements.

The fashion sector is distinguished by multichannel sales and numerous client touchpoints. For instance, on e-commerce platforms (Shopee, Lazada, Tiki, Sendo), social networking channels (Facebook, Tiktok, Zalo, Instagram), and e-commerce websites and applications. When implementing eCommerce for fashion companies, administrators must employ an Omnichannel approach.

Usually, the fashion industry will have a lot of product categories and collections, from clothes, and shoes, to bags and accessories, so consumers’ need to search for products on the website and e-commerce app is very high. From there, businesses should build multi-layer menus and advanced product search functions by keywords or filters to serve the needs of searching and navigating customers.

Furthermore, because fashion is a highly competitive market, the more influential the communication strategies, the more orders the brand will obtain. Loyalty Programs, Livestream, Shoppertainment, Affiliate Marketing, and other fashion-related communication strategies on websites and mobile apps.

Clothing, bags, shoes, and fashion accessories are frequently low-involvement goods, thus creating a rapid shopping cart function would assist consumers to speed up the purchase process, increasing online sales for businesses.

Businesses should construct a feature to help categorise consumers to take care of and tailor the experience for each type of client in the fashion sector, which frequently has several customer groups, such as new, old, and VIP. From there, organisations will gradually use the understanding of each sort of consumer to develop better business solutions in the future.

After all, fashion eCommerce systems must frequently manage high traffic levels during peak seasons.

Integration

Businesses require a highly integrated website construction platform to properly execute fashion eCommerce, including Omni-channel, management system, payment, shipping, analytics, and reporting.

Because the fashion industry is distinct, it needs considerable coverage across all sales channels to reach many potential customers. Therefore, while implementing eCommerce, businesses have to use an Omnichannel strategy. However, to synchronise all data from front-end to back-end when deploying Omnichannel, companies require a highly linked system across all sales channels.

Simultaneously, fashion firms frequently utilise several third-party management systems such as POS, CRM, ERP, and BI, so businesses must find an eCommerce platform that can combine and manage all data information on” a single screen”

Furthermore, companies must vary payment and delivery methods so that clients have more options when buying fashion goods.

Finally, organisations must integrate analytics and reporting tools to provide real-time measurements with the most user-friendly reporting table. From there, firms could provide more practical guidance in the future.

Scalability

Fashion businesses will have many different sizes, from startups, SMEs (small and medium enterprises), and new entrants to large corporations. Moreover, each business will have a different operating model, such as B2C, B2B2C, and so on.

All sizes and operating models will have unique requirements for each stage of brand development, so businesses need a platform to accompany them throughout the journey, preventing the circumstance of switching platforms consumes time and money when firms install eCommerce.

In summary, companies require a comprehensive platform to efficiently implement fashion eCommerce for the long run, including website interface, functional system, integration, and scalability.

How does Magento solve the eCommerce problem for the fashion industry?

Website interface

When designing a fashionable eCommerce website interface on the Magento platform, businesses have many choices, including using existing themes, customising themes, and designing their own interface.

For using existing themes, companies may find these in the marketplace, developer community, or partner for Magento-specific themes in the fashion industry. This helps businesses reduce the expense of interface design, but it limits firms’ brand positioning because the interface is easily imitated by other websites.

For customising themes, businesses can save money and add brand identification aspects like colours, fonts, layout and so on. However, to efficiently set up and customise the website interface, businesses require a team with significant knowledge and experience.

For designing their own interface, businesses will have a “tailored” website for their fashion brand. However, this will necessitate a more significant investment in development expenditures and a more competent workforce.

When using Magento to develop an eCommerce website, most fashion businesses often choose a customised theme or design their own interface to support a centralised eCommerce business.

Functional system

The Magento platform has all the capabilities needed to create a comprehensive eCommerce website, from essential to complex. At the same time, this platform permits the development of custom functions to tackle unique difficulties in the fashion business.

Basic features that assist businesses in running an efficient and seamless fashion eCommerce website, such as:

• Catalog Management: Manage all data, processes, categories, attributes, prices, inventory quantities, and images/videos to operate and optimise the efficiency
• Store Management: Manage product inventory and each branch’s business activities and personnel
• Cart and Checkout: Manage the shopping cart and customers’ information when they check out
• Customer Management: Manage customer information to increase marketing efficiency, purchase experience, and customer satisfaction
• Marketing Management: Optimize SEO and implement marketing strategies with tools to increase business sales
• Sales Management: Create and manage sales, order, payment, and shipping processes
• Content Management: Create and optimise all content elements for CMS pages, image storage, customise themes, and design websites
• System Management: Delegate administrators to review the best methods for website security and maintenance
• Analysis and Report: Support tracking and measuring eCommerce system performance and developing future strategies

Advanced functionality that enhances the online shopping experience for consumers, such as:

• Advanced features that improve the online buying experience for customers, such as:
• Advanced search (Elasticsearch, live-search) to improve the website’s ability to locate items.
• PWA (Progressive Web Apps) allows the website to have the same mobile functionalities and interactions as a native app.
• Advanced SEO to examine indexed web pages, assess the SEO quality of each page and make recommendations to improve website ranks.
• MSI (Multi Source Inventory) aids in the administration of items across several stores, significantly increasing inventory management.

Specific functions are those that assist businesses in dealing with fashion industry issues, such as:

• The multi-layer menu aids in displaying the range of fashion products
• Advanced search to help consumers find the product they’re looking for
• View 360 to see fashion product details
• AR/VR to replace the real shopping experience

In general, Magento can create any sophisticated functional system, with infrastructural development before and after depending on the demands of each organisation.

Integration

Magento is well-known as an e-commerce platform with significant connectivity with a wide range of third-party services, including Omnichannel, administration software, analytical and reporting tools, payment and shipping.

• Payment: Easily link the Magento system with current popular payment methods such as card payment (VISA, Mastercard), e-wallet (MOMO, Zalopay), payment gateway (OnePay, VNPay, PayPal) or COD to help diversify payment methods
• Shipping: Easily integrate shipping providers like Giao Hang Nhanh, Giao Hang Tiet Kiem, Ninja Van, Viettel Post and shipping tracking applications to optimise delivery processes
• Administration software: Integrating with back-office management and operation software (ERP, CRM, POS) like SAP, Salesforce, Ocracle to help operate all processes and resources in the organisation
• Business Intelligence tools: Link with business analysis tools like Power BI, Tableau, and Looker to offer database-driven analysis and reporting
• Omnichannel: Combine all sales channels on the same system to control data and operations from offline to online business

Scalability

Magento allows organisations to extend from one website to many distinct websites on the same system to satisfy the requirements of company-scale development. This implies that organisations can access and manage data from a single central Magento system.

With Magento’s language-switching functionality, businesses can create an attractive eCommerce website with customer-friendly content and languages. Furthermore, the Magento system enables businesses to effortlessly exchange currencies, allowing them to grow into new markets in a variety of nations.

From then, Magento can help businesses scale and function effectively without switching to another eCommerce platform from the beginning of business through the period of expansion.

In a nutshell, Magento is an e-commerce platform that caters for the demands of all types and sizes of fashion businesses, from website interface design and functional system development to integration and scalability. However, there are numerous challenges that firms must overcome when implementing fashion eCommerce with Magento, such as high installation costs, long construction times, and the requirement for highly skilled employees.

Recognising the aforementioned business difficulties, SECOMM provides free consultation services on technology and resource solutions for each company. 

Contact SECOMM now for more details!