The Garment Industry Is Facing Unprecedented Challenges. The Number Of Garment Loss Enterprises Has Increased Sharply In The First Quarter Of 2020.

China intelligence network news: the outbreak of new crown pneumonia in early 2020 was a very difficult year for many industries. Judging from the clothing industry: during the epidemic period, many clothing lines closed down, and the sales performance was zero. The production and operation of garment enterprises were blocked, and faced with many difficulties such as market demand reduction, brand order shrinking, capital turnover and so on, it was difficult for enterprises to maintain normal operation. What is the situation of garment enterprises under the epidemic situation?

The number of garment loss enterprises has increased significantly.

According to the statistics of National Bureau of statistics, by the end of 2019, the number of enterprises in China's textile and clothing industry was 13876, of which 2225 were the number of loss making enterprises. In 2020, under the influence of the new crown pneumonia epidemic, the garment industry faced unprecedented challenges, and the number of loss making enterprises increased significantly. Data show: as of the first quarter of 2020, the number of textile and clothing enterprises in China was 13113. Among them, the number of loss making enterprises was 4587, compared with 2948 in the same period last year, an increase of 55.6% over the same period last year.

Source: National Bureau of statistics, China Industrial Research Institute

Clothing business revenue decline

In 2019, the garment industry was under pressure. In 2019, the apparel industry above designated size enterprises achieved a total operating income of 1 trillion and 601 billion 33 million yuan, down 3.45% compared to the same period last year, and the total profit was 87 billion 283 million yuan, down 9.75% compared with the same period last year. According to the latest data, in the first quarter of 2020, the apparel industry above designated size enterprises achieved a total operating income of 256 billion 810 million yuan, down 23.5% compared to the same period last year, with a total profit of 8 billion 90 million yuan, down 43.5% compared with the same period last year.

Source: National Bureau of statistics, China Industrial Research Institute

For more information, please refer to the "2020 China clothing industry market prospects and investment opportunities Research Report" wk.askci.com/details/3d94d2acb57441318f0aafa96c5fc1ab/ released by the China Industrial and Commercial Research Institute. At the same time, the China Industrial and commercial research institute also provides industrial big data, industrial planning and planning, industrial park planning and planning, industrial investment and other solutions.