The Clothing Industry Is Overdressed In Three Years.

< p > > a href= "http://www.91se91.com/news/index_c.asp" > China Capital Securities < /a > take the 36 A share listed companies in the apparel and textile industry of Shenyin world classification as the criterion. The total inventory in the third quarter is nearly 45 billion yuan.

Due to the top five YOUNGOR, Hong Kong Group, China group, < a href= "http://www.91se91.com/news/index_f.asp" > Mei Bang dress "/a" and "a href=" http://www.91se91.com/news/index_f.asp "Semir dress" /a, the total inventory in the three quarter is as high as 35 billion yuan.

Therefore, China's capital securities network specifically aimed at the inventory situation of these five companies, and made some understanding from the survey results. These shocking figures are not too strict or exaggerated.

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< p > < strong > < a > href= > http://www.91se91.com/news/index_f.asp > > YOUNGOR < /a >: nearly 24 billion of the garments in stock are only 1 billion 700 million < /strong > /p >.

< p > apparel listed companies ranked first in inventory in the third quarter, reaching an astonishing nearly 24 billion, accounting for more than a half of the total inventory of 22 of the 22 listed companies.

But the actual situation is, the vast majority of YOUNGOR's inventory is real estate, YOUNGOR director Liu Xinyu told China's capital securities network that only 1 billion 700 million of the clothing in stock.

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< p > Liu Xinyu said that 92% of YOUNGOR's clothing was self operated through the form of a special store. The goods sold in the hands of consumers can be counted as stock, so the stock amount is normal. After all, YOUNGOR has more than 2600 stores and needs a certain amount of stock.

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< p > Liu Xinyu said that the growth rate of the clothing industry is indeed slowing down from 20% in the previous years to more than ten percent now, but it is not so far exaggerated. At least, YOUNGOR's current development has not been greatly affected, and the number of stores has also increased by 220 in the first three quarters of this year.

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< p > YOUNGOR has not yet launched online business. When asked whether the company's performance has been affected by the online business, Liu Xinyu said that the feeling was not obvious. In the first half of this year, the brand clothing business revenue increased by nearly 15%.

But at the same time, she said that the company is also exploring and planning to launch online business, which may supplement the offline business in the future, but there is no specific plan yet.

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"P" and ranked second in the red beans shares, like YOUNGOR, also involved in the real estate industry, so 3 billion 978 million yuan of inventory also has a large part of the cost of real estate development, so the clothing industry total inventory may be even lower.

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"P" ranked third in the group, up to 3 billion 481 million of inventory, but Deng Chunrong, chief accountant, said in an interview with reporters, "in inventory, inventory goods and the demand for munitions are relatively large, which is related to the operation mode of our company.

First, most of the munitions money has been collected in advance, and there is basically no settlement risk.

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< p > < strong > Semir: there is a certain stock but in controllable range < /strong > < /p >.

"P" ranked the fourth and fifth place in the American Apparel and Semir apparel, and the inventory at the end of the three quarter was 2 billion 199 million and 1 billion 439 million respectively.

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< p > Semir's clothing certificate Zong Huichun has repeatedly said to China's capital stock network that the industry inventory problem that everyone now thinks generally exists, but it is not so serious. It should not be arbitrarily exaggerated. The company does have a certain inventory, but it is in a normal and controllable scope. It can not constitute any industry crisis, nor can it be said that it will not be finished in three years.

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< p > Zong Huichun explained that 1 billion 400 million of the inventory includes goods waiting for storage, goods on the shelves, and goods in pit. The media or investors may be more concerned about the products belonging to the over season products in the inventory, or those which are not sold, encountered difficulties and need to be discounted and promoted. However, the proportion of the over season products in Semir's stock is not high, and 1 billion 400 million does not reflect the real stock status.

Zong Huichun said that in the company's view, the inventory figures are very normal, the company is also relatively relaxed.

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At the same time, Zong Huichun said that they did clean up inventories, and now they are actively digesting inventory through online promotional activities, such as "double eleven". At the same time, Semir also has some discount stores and some normal promotional activities. P

But Zong Huichun stressed that these are normal operations in the operation process, not because of the high inventory today.

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< p > > as for online impact and closing shop tide, Zong Huichun said that the products sold by Semir online and offline are different. The main source of online digestion is inventory, almost all of which are sold quarterly products. From the view of stores, both business area and store number are showing growth trend, but the speed and amplitude of growth are decreasing.

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