Global Sales Of Clothing Market Deteriorated In 2008
At present, the international clothing exhibition in Dusseldorf, Germany, has been warned by industry experts: the situation of clothing sales in Europe and the whole world tends to deteriorate under the influence of the peripheral economic environment.
In this context, the relationship between apparel retailers and suppliers will be tested, and it is estimated that this will have a negative impact on China's garment export enterprises.
According to the data released by the German Textile Industry Federation (BTE), the sales of German apparel industry in the first half of this year is not ideal, and this year is close to zero growth in 3 and April.
Some small and medium-sized retail stores continue to place large orders due to failure to foresee the difficulties in sales.
Sales of many single clothing retail outlets are particularly poor.
In the face of sluggish sales, many German retail stores began selling discounts in the summer from mid May, with larger discounts and earlier than in previous years.
According to data from research institutions, the pretax profit rate of German small and medium-sized garment retail enterprises is only 0.9%.
The German Textile Industry Federation said that the deterioration of clothing sales was mainly affected by the slowdown in economic growth and high prices.
Oil prices, electricity prices and food prices have risen sharply this year. They have pushed German inflation to over 3% for several months. This has a direct impact on Residents' consumption intention, thereby saving money and increasing savings.
Data show that from 1 to March this year, Germany's per capita savings rate reached 14.8% of its total income, the highest level since 1993.
The situation of "tight pockets" of German people reflects to some extent the general phenomenon of the global consumption of residents.
Industry experts pointed out that the "unexpected" sales downturn in the first half of this year could exacerbate the tension between clothing retailers and manufacturers.
Clothing manufacturers have been complaining about the stringent price policy of retail enterprises, and retailers will have to lower clothing purchasing prices even if they have to sell at a discount, and fabric prices will also be affected.
At present, global apparel retailers and manufacturers are in the 2009 spring and summer clothing ordering negotiations.
Experts warned that in such a difficult period, clothing dealers could be expected to be more cautious in placing orders: they may now pay more attention to flexible mobility than previously seeking stable supply; the number of advance orders may be reduced, and the minimum order volume may also need to be renegotiated.
- Related reading
In June 08, The Retail Sales Of Clothing Products In The Euro Area Decreased By 2.2% Over The Same Period Last Year.
|India Men'S Wear Industry Is Developing Rapidly And Market Demand Is Booming.
|- Bullshit | Denham X MEDICOM TOY 2019 Brand New BE@RBRICK Doll Is On The Way.
- Glimpse of exhibition | Shanghai International Fashion Accessories Exhibition
- Dress culture | The 70 Year Anniversary Of The Birth Of New China
- Daily headlines | Erdos Market Supervision And Administration Bureau: 7 Batches Of Cashmere Products Failed
- Fashion brand | Legendary Designer Wakubo Rei'S Fashion Empire Appeared In Fashion Week.
- Fashion shoes | All Star 100 Ox Shoes New Snake Color Matching Is Coming Soon.
- Shoe Express | From Denmark To The Global Brand, To Create The Largest Vertical Integration Shoe Business.
- Mall Express | The Era Of Data: Yintai Takes 10 Million Digital Members, Which Is The New Retail Speed.
- Market trend | Traditional Enterprises Are Not As Old As Net Red.
- Regional investment promotion | Late Arrival: The Transformation Of Clothing Wholesale Market "Red Net" City To Fill The Vacancy In The Clothing Market.
- Wages For Textile Workers In Bangladesh Will Increase By 20% In September.
- Italy ARMANI Group Will Actively Explore The Chinese Market
- In June 08, The Retail Sales Of Clothing Products In The Euro Area Decreased By 2.2% Over The Same Period Last Year.
- India Men'S Wear Industry Is Developing Rapidly And Market Demand Is Booming.
- In July, Vietnam'S Clothing Exports Amounted To $930 Million.
- Olympic Games Let China Go To The World, Luxury Is Permeated With Chinese Elements.
- Quanzhou Plans To Set Up 13 National Professional Standards Technical Committees
- Quanzhou Plans To Set Up 13 National Professional Standards Technical Committees
- Market Downturn: How Can Textile Machinery Enterprises Survive?
- Leisure Pants Industry To Carry Out Summer Safety Education