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    American Apparel 10% Purchase Order Pfer Overseas

    2011/8/29 13:48:00 42

    Smith Barney Apparel Purchase Order Pfer Overseas

    002269.SZ no longer lays eggs.

    China

    Garment processing enterprises in the "basket".

    Zhou Chengjian, chairman of Smith Baron apparel, said in Shanghai 26, that the number of products in spring and summer in 2012 will be around 10% from overseas markets outside China, so as to improve the level of supply chain management and control inventory quantity more effectively.


    Zhou Chengjian told reporters that, at present, the stock of American bond clothing is about 3 billion yuan, and the stock amount is about 2 billion yuan, which is more appropriate. According to the scale of the company's current annual income of about 10 billion yuan, the number of Yuan Cunhuo is about 1 billion.

    Estimate

    When the semi annual report is released in 2012, it will basically be digested and restored to a healthy level.


    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.


    Zhou Chengjian said that Smith Barney will not manage and solve inventories through self built factories, and will continue to adhere to the light asset model. However, the clothing global procurement mode will be used to improve the management of supply chain. He said that in 2012 spring and summer clothing had about 10% from garment factories outside China. He said that as long as the global procurement is properly managed, the clothing from factory to consumer's hands is the shortest, as long as 5~10 days, inventory can also be maintained at a relatively benign level.


    What's more, what's more, the world's high-end apparel is mainly high-end.

    clothing

    Products.

    On the one hand, under the background of RMB appreciation, global purchasing will have better performance to price ratio and better product quality protection; on the other hand, the more powerful manufacturers in China are basically already lined up with external orders, which can only be set in advance, and the response time to the temporary addition and purchase is longer, which can not meet the requirements of fast fashion.


    In addition, influenced by the rising labor costs in China, more and more enterprises are starting to pfer their orders overseas.

    Our reporter recently made a survey of garment manufacturers in Zhejiang, Pinghu and other places under the orders of Smith Barney, and found that wages in recent years have increased by about 30% annually. At present, the annual salary of a garment worker in Pinghu is around 30 thousand yuan.

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