A few years ago, most of the 2,000 or so villagers in Donggaozhuang, northern China, were struggling to put food on the table by growing wheat and corn. Now, dozens of them are millionaires and more on well on their way of making six-figure fortunes after switching to selling yarn online.
Donggaozhuang’s success story started with the idea of one villager, who set up an e-shop on Taobao, China’s largest online commerce platform, to sell yarn. Things went way better than he had anticipated, and in just three months, he had made a small fortune.
Word of his booming business spread like wildfire around Donggaozhuang, and the village elders soon approached the man, asking him to teach other members of the community how to set up their own online businesses. Since yarn had worked so well for Donggaozhuang’s first online entrepreneur, everyone followed in his footsteps and they all started making money. They started buying wool, turning it into yarn and selling that on Taobao.
But Donggaozhuang isn’t the only rural success story to come out of China. Nanliu, a small village in Shaanxi province, has become known as China’s stock trading village after many local farmers switched to trading stocks online.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Turning the supply chain upside down, on-demand production reshapes apparel
The global fashion industry, long celebrated for its creativity and scale, is facing a structural reckoning. For decades, retailers and... Read more
Intertex Milano 2026 - A global nexus for textile innovation
Intertex Milano is set to return this summer, confirming its status as a premier international destination for the textile and... Read more
Primark at crossroads as AB Foods weighs spin-off amid digital and Lefties press…
The long-standing supremacy of Europe’s budget fashion champion, Primark, is facing a test. As of February 2026, Associated British Foods... Read more
Vietnam, Bangladesh, Cambodia drive US apparel imports in 2025
The 2025 year-end data for the US apparel sector reveals an industry in structural flux. Despite aggressive tariff measures and... Read more
The New Dress Code: Sportswear’s takeover of modern wardrobes
For much of the last decade, fashion retail has been defined by volatility. Trends have shortened, discount cycles have intensified... Read more
Hemp finds its moment in India’s $500 billion American trade calculus
In the grand arithmetic of India’s expanding trade engagement with the US, the headlines usually gravitate toward oil cargoes, aircraft... Read more
EU PET spunbond imports under scrutiny, misclassification sparks regulatory and …
The European nonwovens and technical textiles sector is facing an unprecedented compliance crisis as a rise of customs misclassification threatens... Read more
From atelier to algorithm, Gucci is redefining premium marketing
As Milan welcomes the Primavera 2026 fashion calendar, the spotlight is fixed not just on the runway but on Gucci,... Read more
America’s Store Split: Why discount retailers are winning as department stores s…
By early 2026, the American retail industry no longer resembles a single marketplace moving in one direction. It feels more... Read more
Europe’s Textile Crisis: The sovereign fibre trap and the race against China
By early 2026, the European textile and apparel sector finds itself at a crossroads that challenges traditional market logic. Unlike... Read more












