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    China'S Textile And Garment Industry Has Begun To Increase Its Stock Status.

    2014/7/7 18:53:00 22

    TextileGarment IndustryInventory

    < p > May 2014, the number of retail sales of hundreds of key large retail enterprises decreased by 0.1% compared with the same period last year, and the retail sales of clothing increased by 5.4% over the same period last year. The growth rate of the retail sales increased significantly from last month, but the retail sales of all kinds of clothing showed a 2% decrease compared with the same period last year. Domestic consumption data remained weak and exports rebounded steadily. < /p >
    < p > < strong > supply side: clothing output continued < a href= "http://sjfzxm.com/news/index_f.asp" > recovery > /a > /strong > /p >
    The production of textile yarn in the upper reaches of the industrial chain is relatively fast. The output of the middle reaches of cloth began to descend. In the recovery process of the downstream garments, the clothing output increased by 8.67% in May compared with the same period in the same period last year, but the suit suits and shirts of men's suit decreased significantly. < /p >
    < p > comparison of financial indicators of textile and apparel industry: the overall storage status is < /p >.
    < p > textile industry: income growth rate continues to decline, total industry profit growth is higher than income growth, but finished goods inventory increases faster. < /p >
    < p > clothing manufacturing industry: garment manufacturing industry revenue growth continued to recover. After nearly 2 years of inventory process, the apparel manufacturing industry began to grow faster in 2014. < /p >
    < p > bedding manufacturing industry: the income of bedding manufacturing industry decreased, an increase of 6.65% compared with the same period last year, the profit increased by 9.35% compared with the same period last year, and the finished goods inventory increased by 14.56% compared with the same period last year. < /p >
    < p > < strong > > a href= "http://sjfzxm.com/news/index_z.asp" > investment recommendation < /a > /strong > /p >
    < p > maintain the "neutral" rating of textile and garment industry < /p > in the next twelve months.
    < p > from the industry data, the textile and garment industry began to increase its stock status, especially the clothing manufacturing industry performed well, the output increased, the income growth resumed, and the situation was weak recovery. < /p >
    Under such circumstances, we believe that for the brand clothing enterprises, those companies that are able to adjust early, execute effectively, and actively explore and innovate in the mode, will be able to stand out to cope with changes in the consumption environment and consumption patterns of P companies. We give the whole industry a "neutral" rating. < /p >
    < p > < strong > related links: < /strong > < /p >
    P, who has the initiative in the supply chain, has the pricing power. This initiative position is not necessarily the terminal brand in the downstream of the supply chain. For example, several major dye oligarchs in China this year have been able to raise product prices and make the downstream industry chain helpless. In addition, some well-known international fiber brands, because of superior product performance, make downstream enterprises rush to buy, which shows the importance of innovation in the active position of enterprises in the supply chain. < /p >
    < p > textile and garment enterprises, the more realistic way is to improve the added value of products and the level of enterprise profitability through product innovation. However, in terms of innovation itself, each subdivision industry will be different: upgrading the technological content of products, reducing the cost of scale, and reducing costs are the needs of the upstream industry chain; the textile enterprises in the intermediate links of the industrial chain should pay attention to design as well as technological upgrading; in the downstream industry chain, clothing, home textile enterprises, design, channel and business mode are the key to innovation. < /p >
    < p > "fair competition is a problem that can not be ignored in supply chain management. China's supply chain management starts later than that of western countries. Suppliers also have some irregular behaviors such as piracy, false propaganda, dumping or price reduction, commercial bribery and so on. Although some domestic brands have been exploring how to establish a perfect supply chain operation mechanism, there is still a long way to go, or to learn from western enterprises. Sun Ruizhe said. < /p >
    The coordination of textile and apparel supply chain in China is more complete than P, but it is still not perfect. Western enterprises will have normative verification and assessment requirements in supplier products, social responsibility and factory inspection standards, so as to ensure the rationality of supply chain through mechanism and eliminate some human factors. Therefore, the supply chain management of Chinese enterprises should learn from western enterprises and gradually change from "rule by man" to "rule of law". < /p >
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