Guangzhou Pedestrian Street Is Now 3 Yuan Clothing Small And Medium-Sized Garment Factory Shut Down Inventory.

"At the expense of cleaning up, 3 yuan sale", such signs recently

For those who are familiar with the nine pedestrian streets, this is always staged.

Walking into a "3 yuan sale" shop, it is found that most of these promotional clothing are imitation goods or "brand name" clothes, most of which are unheard of, and fabrics and workmanship are very common.

According to the first textile net report, for some reasons of "vigorously promoting sales", some shop assistants said that because the facade had to be sublet, some of them cleared the store, while others pointed directly to the shop sign hanging in the center.

Some people admitted to reporters that as some garment factories ceased production, they had to clean up their stocks and withdraw funds.

One industry insider said that most of the clothes sold on the top nine walking streets were from the garment factories in Shahe, Guangzhou. They used less fabric, so the factory price was very low.

As long time storage and style are eliminated, it is not surprising that sales are being cut down.

According to the first textile net, recently, the industrial zone near the Yangtze River textile city in Haizhuqu District, Guangzhou, has gathered a large number of raw material supply, excipient processing and garment processing enterprises.

Reporters found that many factories were almost idle, and workers in twos and threes did not have the busy scene.

A staff member of the Textile City, who does not want to be named, said that the clothing industry has not been very good this year.

According to past rules, the peak season should come in May, but in the current situation, it may drag on until June.

Luo Xing factory of a garment factory in Xintang, Guangzhou, grew up to vomit bitter water.

Luo said he used to enter the off-season every year in late May, but this year it was two months ahead of schedule.

Since March, the garment factories in Xintang haven't climbed up from the mire so far, and half of the factories are unable to open up.

In addition, raw material prices and workers' wages are also rising. Some factories are overburdened by their bosses, or even simply stop production.

According to Wind statistics, according to the shwan industry classification, the gross profit margin of Chinese clothing sales last year was only 5.9%, and the net interest rate was only 1.16%.

Industry experts Hu Baogang said that under various pressures, some SMEs will be eliminated and a new round of industry reshuffle will be inevitable.