Half Year Report: Men'S Wear Shoes Grow Rapidly

Recently, China's popular clothing footwear brand listed companies are about to release the "pcript" operated in the first half of the year. We can see that the popular brand clothing sector performs well, especially in home textiles, men's wear and women's shoes industry, which confirms our theme report.

Semi annual performance Preview: home textiles, men's wear, women's shoes grow rapidly

The textile and garment industry maintained a relatively high growth rate in 2010.

In the company that we focus on tracking, we expect business performance in the first half of 2010:

Over 30% of the companies grew up: Meng Jie home textiles (54%), fuanna (46%), Luo Lai home textile (40%), China Lee (48%), wedding bird (38%), seven wolf (35%), BELLE International (38%).

Among them, the data of Lee Lang and BELLE exceeded market expectations.

The growth of 20~30% includes Lining (22%), Anta (22%), and Rutai A (22%).

10~20% growth companies include: China trend (15%), Baozi (15%), Shenzhou International (11%).

The trend data are slightly lower than market expectations.

Single digit growth is: YOUNGOR (clothing and textile profits increased by more than 50%, reaching 400 million yuan; but in the first half of the year, real estate delivery profits were lower than the same period last year, about 200 million yuan); Saturday (pre tax profit growth of about 20%, but the effective tax rate increased from 12.5% last year to 25%).