Inventory Is Difficult To Clean And High Inventory Is Difficult For Textile And Garment Industry.

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Three quarterly announces, in addition to men's brand performance is relatively robust, home textiles and casual wear and other segments of the performance are mostly lower than market expectations.

And the inventory problem that plagued enterprises for many years is still a big problem that the industry can hardly alleviate in the short term.

In order to survive in the fierce market competition, many textile and garment enterprises have been pformed, and began to counter the trend of "breaking through".

Men's steady home textiles and casual wear performance report

For profit growth,

Most of them benefit from the company's revenue growth.

Seven wolves said the main reason is the company's sales growth, cost effective control.

And the news birds said, mainly because the company's operating income increased, economies of scale showed that the emergence of multi brand business turning point.

Card slave road says, profit from company income increases, total profit increases.

Shi Hongmei, an analyst with Orient Securities and textile and garment industry, believes that the brand men's risk pfer ability is strong. At present, the management and cultural precipitation of Fujian menswear enterprises have entered a stable period, and their advantages have been gradually highlighted. While the local men's wear brands have been significantly improved in terms of commodity structure, design and quality and popularity, so the overall performance has grown against the trend in the downturn of the clothing industry.

Different from men's wear, the casual wear performance report has a red light.

The three quarterly report shows that the net profit attributable to shareholders of Listed Companies in the first three quarters of the company was 474 million yuan, down 41% from the same period last year. The net profit of the first three quarters of the United States was 752 million yuan, a slight increase of 0.85% over the same period, but the net profit of the single quarter in the three quarter decreased by 13.4%.

At the same time, the home textile industry also felt the obvious cold meaning.

The three quarterly report released by "the three giants of home textile industry" shows that net profit has increased by only 1.47% from Roley's home textiles except for 23.96% growth of fuanna.

Industry analysts believe that the macroeconomic slowdown is one of the important reasons for the cold of casual wear and home textiles industry. In addition, the sinking of international brand channels and the impact of online shopping have also created pressure on the industry.

Inventory difficult to clean high inventory into the industry pain

Inventory problems have already begun to affect business operations.

In the announcement, Semir said that the company's stock increased, and the corresponding increase in stock price declines increased, resulting in a decline in performance. The US state said it had to improve the quality of new store development, speed up the turnover of inventory, and maintain a good level of cash flow, and strive to improve its performance gradually.

In fact, the inventory problem of textile and apparel industry has existed for a long time, especially in the field of sports and leisure wear.

In the past few years, domestic garment enterprises have made explosive growth, and the strong demand power from scratch has led some enterprises to blindly produce, resulting in overcapacity and overstock.

At the same time, "along with the continuous increase of domestic production and labor costs, the industry as a whole is lack of innovation, and the homogenization of products is serious, which has become the main reason for increasing inventory in the apparel industry."

Wu Ziheng, a veteran retail observer, said that many brands in foreign countries are designed and produced in the weekly cycle.

In China, orders will be held only once a quarter, and the number of orders will inevitably increase.

In addition, the weakness of terminal demand also makes inventory difficult.

According to the survey of the China National Business Information Center, during the Mid Autumn Festival and the National Day golden week in 2012, the retail sales volume of 100 large retail enterprises increased by 8.49% over the same period last year, the first time that the sales volume of 11 large golden week sales was below 10% in recent years.