Textile And Clothing: Business Flow Increases And Consumption Increases.

Industry's core view:

Last week, in addition to the high-risk areas in Shulan, Jilin, other areas of the country's risk register has been reduced to low risk. The national resumption of work resumed and accelerated recovery, shopping malls, supermarkets and other living places were fully open, and indoor venues such as sports venues and parks were opened by means of appointment and current restriction. In the short term, the "51" consumer market has been recovering rapidly from the impact of the epidemic. With the gradual normalization of production and life, consumption promotion policies such as consumer vouchers have played a certain role in promoting the consumption of textile and clothing. The flow of people in major business circles has increased and people's outgoing activities have increased. Q2 textile and clothing consumption is expected to have a marginal improvement. In the medium to long term, this epidemic has prompted more people to pay attention to physical health and physical exercise. In the future, as people go out to do more exercises and develop their physical habits, sports clothes need to rebound strongly. It is recommended to pay attention to the top quality sports clothing leading enterprises affected by the epidemic.

Main points of investment:

Market review: last week (May 6th -5 8) Shen Wan textile and apparel index rose 1.12% Losing the Shanghai Composite Index Zero point one one A percentage point, in shwan 28 first tier industry index rose nineteenth. Since the beginning of the year, the textile and apparel index of Shen Wan has dropped. 7.64% Losing the Shanghai Composite Index Two point five six A percentage point, ranking 28 in Shen Wan's first tier sub sectors, ranked twenty-first. Last week, textile production was made in every subdivision plate. 1.60% Clothing home textiles 0.87% Textile manufacturing since the beginning of the year. 8.60% Loading home textiles. 7.13% 。 The PE value of the plate is textile manufacturing. Twenty-three point nine six Clothing home textiles Thirty-four point five seven 。

Important events in the industry: (1) foreign countries: J.Crew To apply for bankruptcy protection; H&M will permanently shut down eight stores in Italy; Nike official website in March ranked first in the global fashion business; the fast fashion giant H&M and UNIQLO issued the financial briefing on epidemic situation; Gap in China quickly regained its momentum of development (2): the domestic wolf lost 42 million 50 thousand in the first quarter of this year; YOUNGOR's "51" four provinces nationwide opened six stores. Jordan sports bought UMBRO, a big sport. In the first quarter, the net profit of 48 clothing listed companies plummeted to 76 million.

Important announcements of listed companies: Lu Tai A, blonde Rabbi, Huamao shares issued annual report results; Sanfo outdoor shareholders reduction; the progress of the reduction of shareholders by bvlvin; the industry technology, fuanna and Jiaxin silk repurchase shares; the progress of share repurchase issued by La Natsu Bell, Hong Kong shares; Jiaxing silk distribution profits; and the broadcast fashion gained government subsidies.