Growth Trend Of Radiation Protection Clothing Industry Slowed Down In 2014

Radiation protection clothing is a special textile, and its fundamental competition lies in fabric.

In recent years, with the increasing investment in the fabric technology of front-line brand of radiation protection clothing, some new fabrics such as "silkworm silver fiber" and "high colored silver fiber" have been put into operation, increasing the competition threshold of radiation protection clothing, and making the brand of front-line radiation protection clothing widened with the two or three line brand.

Data show: 2014

The growth is mainly concentrated on the first-rate brand with higher market share, while the growth of the two or three line brand is slowing down.

According to the data, compared with the 2013, the rent,

Increase in fixed costs and modern Internet shopping.

The rise of traditional stores has greatly reduced the profits of the radiation protection clothing industry.

The development of some Internet brands is not smooth sailing. The cost of circulation channels has been greatly increased, and the homogenization of products is serious. Eventually, the overall profit of the radiation protection clothing industry has declined significantly.

The authoritative media "China Quality Daily" has recently made a comprehensive evaluation of the major brands in the domestic radiation protection clothing industry, and made a comprehensive prediction for the whole industry of the radiation protection clothing industry in 2015. The trend is stronger or weaker, and this trend will continue in 2015.

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Levi Strauss & Co. said the group has signed a strategic agreement of at least $143 million in five years with the global technology service provider Wipro Limited (NYSE:WIT) Co., Ltd., which will include outsourcing of IT, finance, human resources, customer service and consumer relations from the first quarter of 2015. This means that the relevant positions will be withdrawn from Levi Strauss & Co., involving about 500 employees.

The group will also continue to reduce management levels, eliminate duplication of jobs and change its structure.

This stage will generate $4500-5500 in restructuring and related expenses, most of which will be recorded in the fourth quarter of fiscal year 2014.

In addition, Levi Strauss & Co. will pay a minimum cost of $143 million for Wipro Limited (NYSE:WIT) vivio, and the final cost will depend on the actual demand of the group.

In the first stage of business restructuring and cost reduction plan, Levi Strauss & Co. has reduced about 800 non retail and non manufacturing jobs, accounting for nearly 20% of the total number of employees, with an estimated annual savings of 75 million -1 billion dollars.

The whole plan starts in March and is expected to last 12-18 months, aiming at reducing the operating cost of 1.75-2.00 billion annually.

In the three quarter of August 24, 2014, the plan has already cost $103 million, and the cost savings will not exceed $100 million to $125 million in the next year, higher than expected.

The three quarter profits of Levi Strauss & Co. continued to decline, from 11.3% US dollars in the same period last year to 50 million 620 thousand US dollars, or 11.3%.

It was dragged down by the weakness of North American business, with a total revenue of US $1 billion 154 million 100 thousand, a 1% increase over the same period last year of US $1 billion 141 million 300 thousand, a gross profit of US $562 million 200 thousand, a decrease of 2%, and a gross margin of 150 basis points, down from 50.2% in the same period last year to 48.7%.