American Apparel: The Next 10% Products Will Be Purchased From Overseas.
American Apparel
In a media interview in Shanghai in August 26th, Zhou Chengjian, chairman of the board, said that in spring and summer of 2012, about 10% of the products will be purchased from overseas markets outside China, and no longer rely solely on them.
Chinese clothing
To improve the level of supply chain management, and to control inventory more effectively.
Zhou Chengjian told the author that the outside world was too worried about the American Apparel.
Stock
At the same time, there is not much pressure on the current number of stores and inventory digestion.
At present, the stock of Smith Barney's clothing is about 3 billion yuan, Zhou Chengjian said that according to the company's current operating income, the stock amount is about 2 billion yuan, which is more suitable. More inventory is expected to be basically digested when the semi annual report is released in 2012.
By the end of 2010, the annual sales volume of Smith Barney clothing stores had increased by nearly 100%. The American Apparel management team predicted that clothing sales in 2011 will also maintain the same growth and increase the order of clothing. In addition, clothing processing factories had more orders, limited manpower, and many factories did not have factories.
Therefore, the United States clothing will be some.
Order
Early processing of the processing plant, resulting in more U.S. stocks this year, Zhou Chengjian said that the future global clothing procurement will to a certain extent to avoid these problems.
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