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    Textile And Garment Industry: Summary Of Industry Market In 2012

    2012/9/9 9:37:00 5

    Clothing IndustryClothing BrandTextile And Clothing

     

    Main points of report

    Textile and garment industry

    The semi annual report of Listed Companies in 2012 has been disclosed.

    We divided the 12 listed companies with the industry focus in the industry into 5 sub sectors: home textiles, men's wear, casual wear, women's clothing and outdoor.


    In the first half of the general situation of the industry, the growth rate of each sub sector's revenue has been affected to varying degrees by the slowdown of the economy and the weakening of the consumer market.

    Among them, the outdoor industry and the high-end brand clothing industry still maintained a relatively fast growth rate; the market demand of the home textile industry was restrained, and the revenue growth rate dropped more; the competition in the middle end brand clothing industry intensified, and the gross margin growth space was limited, and now the pition from the epitaxial growth to the endogenous growth of fine management has gradually shifted; the casual clothing industry has been attacked by the international fast fashion brand upwards, and is under the impact of the electricity supplier, and now it is in the inventory stage, and the growth rate has obviously declined.


    Sub industry analysis outdoor industry: the impact of adverse weather and first quarter shipment in advance, the two quarter revenue growth slowed.

    At the same time, the gross profit margin and net interest rate of the company both declined year-on-year, while the period cost rate increased.


      

    Men's wear

    Industry: the two quarter revenue growth has remained basically stable. The listed companies have strong pressure resistance, gross profit margin and net interest rate as a whole, while the period cost rate is overall downward.

    In the medium to long term, influenced by the increasing number of Chinese business activities, Menswear listed companies have a stronger revenue growth and are defensive investment targets.


    Home textile industry: overall revenue growth slowed down in the two quarter.

    In different regions, the advantages of Listed Companies in their respective advantages are obvious. There are still many blank areas to be developed.

    At present, the home textile industry is still in the stage of horse race enclosure, with the extension of the extension type as the main factor and the endogenous growth as the supplement. In the next few years, the strategy of "circle people enclosure" is still continuing.


    Women's clothing industry: in the two quarter, revenue growth slowed down, but extension continued.

    company

    Gross profit margin

    And net interest rates were on the upward trend compared with the same period. The cost rate of the period increased by 8.17 percentage points over the same period, while the turnover of inventory and accounts receivable showed a slowdown.


    Leisure apparel industry: after experiencing a relatively rapid growth in the early stage, the leisure wear industry is in the channel to inventory stage, and the gross margin will remain at a certain level in the short run, or a slight decrease.

    Facing the impact of foreign brand channel sinking, domestic casual wear should strengthen meticulous management and intensify efforts in brand publicity, shop display and sales personnel training.

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