中文摘要：

祥泰布号以小本经营起家,依据土布市场的变化,适时调整棉布收购、加工和销售等经营策略,逐步发展成为清末民初上海地区土布经营行业规模最大的商号。在进口洋布和国产机制布的冲击下,经营了70多年的祥泰布号最终歇业。祥泰布号兴盛、衰落的过程,较为典型地反映了近代土布市场的变迁。

英文摘要：

Xiangtai Cloth Shop, running with a small capital, gradually grew into the largest firm in Shanghai area of the late Qing Dynasty and the early Republic of China by timely adjusting business strategies in terms of handmade cloth purchasing, processing and selling according to the changes in handmade cloth market. Under the impact of imported cloth and domestic machine-made cloth, Xiangtai Cloth Shop with a history of over 70 years finally shut down. The history of Xiangtai firm is a typical reflection of changes in modern handmade market.