Eight Shoes And Clothing Brands From Fujian Have Entered The Top 50 Of National Revenue

Revenue ranking list of Retail Listed Enterprises in 2020

Recently, lianshang.com, a domestic authoritative retail platform organization, released the list of revenue of China's Retail Listed Enterprises in 2020. Among them, eight Quanzhou enterprises, including Anta, Tebu, 361 degree, seven wolves, LiLang, jiumuwang, Kabin, guirenniao, etc., were listed in the list.

The stable development of the industry is still under pressure

It is understood that in the first half of 2020, the clothing industry has been seriously impacted. The clothing industry as a whole is facing the situation of low sell out rate, high inventory and tight cash flow. At the same time, under the sudden attack of the epidemic, the whole upstream and downstream industrial chain of the clothing industry is in a downturn. However, the biggest change brought by the epidemic situation to the clothing industry is the change of sales mode. Most of the clothing enterprises have changed the live delivery with goods into the standard mode of enterprise sales.

According to the data, in 2020, the total garment output of Enterprises above Designated Size in China's clothing industry will be 22.373 billion, a year-on-year decrease of 7.65%, and the actual investment of the national garment industry will drop by 31.9%. The relevant person in charge of China Garment Association said that since last year, the whole industry has basically maintained a stable recovery development trend, and the business operation and profitability of enterprises have gradually improved. However, affected by the continuous spread of the global epidemic, as well as the emergence of multiple sporadic cases and even local clustering epidemic in China, the stable development of China's clothing industry is still facing great pressure.

Sports and women's wear growth has demonstration effect

According to the published performance data, the top 50 listed clothing and footwear enterprises will achieve a total revenue of 217.795 billion yuan in 2020, a year-on-year decrease of 13.85%, and a net profit of 15.474 billion yuan, a year-on-year decrease of 12.03%. It is the first time that the revenue and net profit decrease simultaneously. However, the ranking of Li Ning, Taiping bird, winner fashion (Clarette), baoxiniao, Zhengan fashion, Jiangnan cloth clothing of Jinhong group (Vigna), langzi Co., Ltd., and Desu fashion have increased significantly.

The reporter found that in 2020, eight Fujian clothing and footwear enterprises have entered the top 50 revenue of China in 2020. Among them, Anta Sports revenue 35.512 billion yuan, the net profit of 5.162 billion yuan, ranked first; Tebu International's revenue was 8.172 billion yuan, with a net profit of 513 million yuan, ranking ninth; 361du's revenue was 5.127 billion yuan, with a net profit of 415 million yuan, ranking 12th; The revenue of seven wolves was 3.33 billion yuan, with a net profit of 209 million yuan, ranking 17th; China LiLang has a revenue of 2.681 billion yuan and a net profit of 557 million yuan, ranking 22nd; Jiumuwang's revenue was 2.672 billion yuan and net profit was 369 million yuan, ranking 23rd; The revenue of carbine clothing was 1.288 billion yuan, and the net profit was 194 million yuan, ranking 36th; The noble bird's revenue was 1.188 billion yuan, and its net profit was - 382 million yuan, ranking 37th.

Industry insiders pointed out that, looking at the clothing brand sector, although the overall decline is more than the growth, the growth of sports and women's wear plate has given the clothing industry a very good demonstration effect. No matter Anta, Li Ning, taipingniao and Clarette, these brand enterprises have maintained enough continuous enterprise reform and focus and obtained new breakthroughs. At the same time, from the proportion of net profit to revenue of minpai clothing and shoes brands, it can be seen that the operation efficiency and cost control of various enterprises are still uneven, and there is still a lot of room for the improvement of management efficiency of minpai clothing and shoes brands

(source: Quanzhou Evening News)

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