"Top 100 Garment Enterprises In 2020" Officially Released!

In August 2021, China Garment Association officially released the list of "top 100 garment enterprises in 2020".

According to the principle of "member participation and voluntary declaration", the top 100 enterprises in China's garment industry in 2020 rank the three indicators of "operating income", "total profit" and "profit margin of operating income". There are 127 enterprises on the list. From the distribution of provinces and cities, there are 33 enterprises in Jiangsu, 24 in Zhejiang, 16 in Shandong, 10 in Beijing, 8 in Fujian, 6 in Guangdong, Shanghai and Sichuan, 3 in Shaanxi, Hunan, Anhui and Chongqing, 2 in Liaoning, 1 in Henan and Hebei. Among them, there are 11 enterprises with operating revenue over 10 billion yuan and 65 enterprises with more than 1 billion yuan.

The top 100 enterprises are the mainstay of high-quality development of the clothing industry, and the important leaders of industrial scientific and technological innovation, brand construction and social responsibility. In 2020, the top 100 enterprises in the clothing industry will present three significant characteristics: first, they will actively change production and fight against the epidemic situation. In the face of the impact of the epidemic, a large number of top 100 clothing enterprises made every effort to produce protective clothing, isolation clothing, various masks and other anti epidemic materials, showing a high degree of home feelings and industry responsibility. Second, the characteristics of innovation and development are very obvious. In the face of the impact of the epidemic, garment enterprises carry out new retail formats, such as online live broadcast, wechat fans, community operation and cross-border e-commerce, and take various measures to promote the rapid recovery of enterprises. Third, while the industrial resources are gathering to the superior enterprises, the top 100 enterprises have maintained a sound development. In 2020, China's top 100 enterprises with "operating income" in the clothing industry will achieve a total operating revenue of 688.013 billion yuan, a year-on-year decrease of 5.47%“ The total profit of the top 100 enterprises was 49.983 billion yuan, a year-on-year decrease of 2.68%“ The average profit margin of top 100 enterprises reached 9.76%, only 0.19 percentage points lower than that in 2019. In the case of a decline in operating revenue and total profit, the profit margin only slightly decreased, which fully demonstrates the resilience of the development of the top 100 enterprises.

It should be noted that the "top 100 enterprises in the clothing industry" is exclusively released by China clothing association in the member enterprises based on the principle of objectivity and fairness, and this work has always followed the principle of voluntary participation of enterprises, which belongs to the industry work without any charges. China Garment Association has never directly organized, entrusted authorized organizations or cooperative organizations to carry out commendation, release or media publicity activities in the name of "top 100 enterprises in garment industry". We welcome supervision and valuable suggestions from industry enterprises and all walks of life.