2016 In The First Three Quarters, Garment Retail Industry Slowed Down And Exports Dropped 12.56%

According to the statistics of the China National Business Information Center, 50 major retail enterprises in the country in 1-9 2016

Retail sales decreased by 1.4%, and the growth rate was 2.3 percentage points lower than the same period last year.

According to the latest statistics of the General Administration of Customs of China, in September 2016, China

Exports amounted to 227.64 billion US dollars, down 18.50%, down 15.41% from the same period last year.

Among them, textile exports amounted to US $7 billion 720 million, down 20.46% compared to the same period last year, and clothing exports amounted to 150.45 billion US dollars, down 12.56% from the same period last year.

according to

In 2017, cotton import tariff quotas amounted to 89.4 tons.

The spot price of cotton has continued to strengthen since October, and experts have analyzed the reasons for the short term rise in cotton prices as follows: 1) weather factors have delayed the picking of Xinjiang cotton and the price of new cotton sporadic listing has been strong; 2) the quality of new cotton has increased this year, which has strong support for cotton prices; 3) as domestic and foreign cotton prices narrowed, cotton and cotton yarn imports were still subject to quota restrictions, the market consumed domestic cotton, while the current supply of new cotton was limited, resulting in a relatively enlarged consumption gap and further pushing up cotton prices.

Late cotton price callbacks may be larger, it is recommended to continue to pay attention to the new cotton market volume and price movements.

News dynamics of industry companies

Levis parent company resumed growth in the three quarter.

The annual performance of the parent company plummet and will increase in the future.

Accounting for LVMH; sales in the three quarter exceed expected growth; perfume becomes a new profit point; P & G sells beauty business to Coty group, trading profit exceeds US $5 billion; Ulta Beauty plans to increase the electricity supplier's investment performance to 10% of the total performance.

We will buy the basketball equipment brand AND1 for more than 26 million US dollars for the exclusive trademark operation rights in the Greater China region as of June 2047, 30 days, and 65 million shares of the controlling shareholders, representing 10.59% of the total share capital; search for 1000 yuan to set up a wholly-owned subsidiary to search for special creative design Co., Ltd.

16 years 1 - September results:

Revenue was reduced by 3.70%, net profit increased by 13.01%, and much more like the revised net profit of 967.69 - 1407.56 million yuan; the total net profit of the shares is revised to be 5000 - 60 million yuan; the net profit of Changshan shares is expected to be -6000 - -5700 million yuan; the San Mao faction expects net profit to be -6000 - -5700 million yuan;