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    Textile Is Concerned About Differentiation &Nbsp; Garment Home Textile Channel Is King.

    2010/12/7 10:07:00 40

    Textile And Apparel Home Textiles

      

    The plate was excellent in 2010.

    As of November 24, 2010,

    Textile and clothing

    The total volume of the plate rose by 19.23%, while the Shanghai Composite Index and Shenzhen composite index were -11.3% and -7.06% respectively.

    Among them, the clothing sector rose 30.16%, better than textile.

    As basic

    consumer goods

    The policy of stimulating domestic demand and the rapid progress of urbanization have formed strong support for the textile and garment sector, and the textile and garment sector has a higher margin of investment safety.

    We firmly believe in the prospects of textile and clothing development.


      

    In 2010, the textile and garment industry was affected by many unfavorable factors, but still achieved good results.

    In the first ten months of this year, China's textile and clothing exports grew by 21.5% over the same period last year.

    Clothing and shoes

    Textile retail sales grew by 32.6%, higher than that of the same period.

    consumer goods

    Total retail sales growth of 18.6%.

    These unfavorable factors will also exist in 2011.


    Production enterprises take a differentiated route.

    The trend of rising costs and appreciation of the renminbi has been determined. The profits of homogeneous Road products will continue to be compressed, and the low profit processing textile enterprises will be the most affected.

    Production enterprises can get higher value-added products by creating differentiation, and watch the colored spinning industry in yarn. We should pay attention to Huafu color spinning (002042).


    Brand clothing, home textiles and other enterprises will continue to maintain a rapid growth trend. The focus of competition is still the channel. We should focus on both ends of consumption capability, and one end is the consumption growth of low-end consumer goods, especially the consumption of township and rural residents. We are optimistic about the strong brand appeal, laying a certain scale in the second tier cities and sinking in further channels. We should pay close attention to the US bond and the home textile (002293), and the other end is high-end products and luxury goods consumption. The main consumer groups are the middle class and the rich class. We recommend that we focus on the products with luxury attributes (002494).

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