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    Exports Continue To Slump, Sales Boost Retail Sales.

    2012/10/17 14:19:00 14

    Textile And Garment IndustryPromotionIndustry Export

     

    This year, the textile and garment industry is facing severe challenges both inside and outside. The weakening of external demand and the weakening of cost advantages have led to a sustained slowdown in export growth.

    However, with the slow growth of retail sales, textile companies' performance in the three quarter is expected to be better than the first half of the year, but the industry as a whole is still in a difficult position, and losses and losses will continue to expand.


    China Merchants Securities analysts pointed out that the third quarter of the domestic market, although many interference factors, but in the summer large-scale discount promotions and September autumn sales promotion, is expected to be expected

    Textile and garment industry

    The cumulative performance of listed companies is slightly better than that of the first half.

    The three quarterly report of China Merchants Securities monitoring key companies also basically gained the growth trend similar to that of the first half of the year.


    Promoting retail sales volume recovery


    Analysts pointed out that since the beginning of this year, prices of raw materials and inflation have slowed down significantly, and clothing terminal retail prices have also slowed down, and sales of discount promotions have increased.


    According to the statistics of China Merchants Securities, the number of retail sales of 1-6 major retail enterprises increased by 1% over the same period last month, the growth rate was 3.9 percentage points higher than that in 1-3 months, 1.2% in 1-7 months, 0.2 percentage points higher than that in 1-6 months, 1.8% in 1-8 months, and an increase of 1.8% percentage points over the 1-7 months.


    In spite of the extreme weather and sluggish demand, the three quarter retail terminal performance is still weak, but in the summer of large-scale discount sales activities and September autumn sales promotion, some companies basically continued the growth trend.

    Because of more interference factors in the three quarter, the monthly growth rate of clothing has fluctuated greatly.


    The Pathfinder of outdoor clothing enterprises is expected to achieve 50% growth in the third quarter.

    China Merchants Securities analysis report pointed out that the two quarter of the company's operating bias is a temporary result of the alternation of the old and new systems, and the sales of the company's summer wear has basically been completed in the three quarter of September, and the turnover rate of spring and summer sales increased to 70%, higher than the average level of 65% in previous years.

    In addition, the company's autumn sales in September also provided a good support for maintaining high growth in the three quarter.


    It will also achieve nearly 50% growth in the three quarter.

    Analysts pointed out that, due to the three or four line of urban consumption in general, the economic impact is relatively small, and in the new store and a substantial change.

    Promotion

    Under the pull of the company, the company's spring and summer wear is basically sold out. It is estimated that three quarterly earnings will grow by about 48%.


    Exports remain sluggish


    In the three quarter since the international market demand continues to slump, and domestic cost advantages gradually weaken.

    Industry export

    The situation continued to deteriorate, and the cumulative growth rate of textile and clothing exports slowed further than in the first half of the year.

    According to the latest statistics of the General Administration of customs, China's textile and apparel exports totaled 162 billion US dollars in 1-8 months in 2012, down 0.7% from the same period last year, and the growth rate was 2.3 percentage points lower than that in 1-6 months.


    But from the data of total retail sales of consumer goods, data in 1-8 months were slightly better than those in the first half of the year. The total retail sales of clothing, shoes and hat and needle textiles increased by 17.5% over the first 1-8 months of the year, which was 0.6 percentage points higher than that in 1-6 months.


    Sun Huaibin, a spokesman for the Federation of textile industry, said that the pressure factors affecting the development of the textile industry still exist.

    He further pointed out that "labor costs and capital costs increase year by year, energy prices continue to rise, and the pressure of small and medium enterprises in textile industry is also increasing."


    It is reported that the overall efficiency of the textile industry has declined in the first half of this year compared with the same period last year due to the concentration of external unfavorable factors and the pressure of enterprise development.

    The total profit of textile enterprises above designated size decreased by 1.9% compared with the same period last year, and the loss of enterprises reached 18.4%, and the deficit of loss making enterprises increased by 124.1% over the same period last year.


    Analysts say that textile enterprises will continue to be in a difficult position in the second half of this year. The overall efficiency of the industry will decline sharply compared with that of last year. The losses and losses will be widened. More small, medium and micro enterprises will face the risk of being eliminated.

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