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    In The Economic Downturn, Residents' Consumption Intention Does Not Force The Sales Of Brand Clothing To Rebound.

    2012/9/11 9:29:00 33

    Textile And ClothingRetail SalesYear-On-Year Growth

    Weekly market review and views


    This week, Shanghai Composite Index, Shenzhen stock index and Shanghai and Shenzhen 300 rose 1.69%, 1.78% and 1.95% respectively.


    Everbright

    Spin

    The clothing sector rose by 3.55%, of which the textile and clothing sectors rose by 5.82% and 1.81% respectively.


    From the perspective of stocks, Xun Xing shares and Xingye technology benefit from the Quanzhou financial reform policy dividend, which is favored by market funds.

    Because the market is worried about the brand clothing's 13 years' autumn and winter orders, the brand clothing's share capital week is the biggest.


    This week, the National Bureau of statistics data showed that in July, the retail sales of clothing, shoes and hats and textiles were above 65 billion 100 million yuan, an increase of 18.4% over the same period last year, and the growth rate was 1.8 percentage points lower than that in June.

    China business information network announced that the retail sales of 50 major retail enterprises in the country increased by 7.04% over the same period last year, a 14.72 percentage point slower than the same period last year, slowing by 5.44 percentage points over June.


    Customs General data show that July textiles

    clothing

    Exports increased by 4.37% compared to June, down 8.1% from the same period last year, of which textile exports decreased by 4.83% and 8% respectively, compared with year-on-year, while garment exports rose by 9.72%, down 8.13% from the same period last year.

    In 1-7 months, the total export volume of textile and clothing decreased by 0.21% compared with the same period last year, of which the export of textiles decreased by 10.2% compared with that of the same period last year, and clothing decreased by 0.22% compared with the same period last year.


    In July, over 50 of the retail sales of clothing, shoes and hats and textiles, and the growth of retail sales of the major retail enterprises in the above limit both fell. This is consistent with our previous judgement that the industry will rebound slowly and upward.

    At present, the economy is sluggish, and the poor consumer's willingness to consume is still the biggest negative factor that restricts the terminal sales of brand clothing.

    Exports will continue to be affected in the short term due to weak demand in Europe and America and poor cotton prices at home and abroad. Textile exports will continue to decline, and the short-term pressure on the industry will still be larger.


    Industry news: (1) global cotton supply and demand forecast in August USDA:2012; (2) Si Jie was joined by Zara director of operations; (3) cotton growing in Xinjiang, China's largest cotton growing area, is in good prospect; (4) luxury goods companies such as Chanel want to raise their prices in Europe; (5) mainland clothing enterprises such as fan and customers are quietly trying to do overseas foundry; (6) sales in the first half of the year increased by 36.5%; (7) Anta had 3 billion 930 million revenue in the first half of the year, and 7807 stores in the first half; (8) seven wolves, and Luo Lai home textiles published semi annual report.


    Summary of industry data: raw materials: grade 328 cotton spot: 18362 yuan / ton (0.14%);

    American cotton

    CotlookA:85.80 cents / pound (5.60%); viscose staple fiber: 15500 yuan / ton (0.91%); polyester staple fiber: 10900 yuan / ton (5.31%).

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