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Domestic Economic Growth Slipped And Textile And Garment Industry Went Into A Low Ebb.

2013/3/15 10:34:00 27

Clothing Industry High Inventory Garment Export Data Textile And Garment Industry

recently, some a href= "//www.sjfzxm.com/news/index_cj.asp" > clothing > /a > brands frequently exposed the news of dismantling stores. There were even reports that the clothing industry "stock is enough to sell for three years", and the current situation of high inventory in clothing industry has become the focus of attention in the capital market. Regarding this, Rong Zilong, a researcher at the information center of the Yi Trade products, said that the apparel industry's inventory cycle is coming to an end, but the overall situation is still not optimistic. 
 2012, A shares less than a href= "//www.sjfzxm.com/news/index_c.asp" > textile < /a > the overall annual decline of clothing sector was more than 25%. In the sub sectors, except for printing and dyeing, < a href= "//www.sjfzxm.com/news/index_p.asp" > silk "/a" and other sub sectors, the rest dropped sharply. Rong Zilong believes that the performance of the textile and garment industry in the stock market is closely related to the industry. In 2012, the total loss in the garment industry increased substantially compared with the previous two years, and the absolute and relative growth rate of the losses were worse than in 2008. 
 from the three quarter of 2012, the inventory of domestic apparel industry reached 257 billion yuan. According to market participants, if such a large amount of inventory is sold domestically, it will take three years to digest. 
 for this reason, Rong Zilong thinks that this statement is not proper. It is only 2.2 months to digest the inventory above by the 1 trillion and 400 billion yuan of clothing sales in 2011. In addition, some garment enterprises are involved in other fields of investment. When carrying out inventory calculation, it is not reasonable to combine the inventory of garments with other products. Take YOUNGOR (600177, stock bar) (600177) as an example, YOUNGOR's clothing business accounts for 31.98%. In the first three quarters of 2012, the inventory amounted to 24 billion yuan, and the clothing in the inventory accounted for only 1 billion 700 million yuan. 
 "overall, the clothing industry inventory increased significantly in 2012 than in the previous two years, but from the recent survey, the apparel industry's inventory cycle is coming to an end." Rong Zilong said that since the end of 2012, domestic garment enterprises including Lining have begun to accelerate their inventory and achieved some results. "Accounts receivable should be improved." 
 "however, the export situation is still not optimistic." Rong Zilong believes that clothing exports in the first half of 2013 are still hard to improve. "The Canton Fair is the best weathervane. The number of participants and spanaction data declined last autumn, indicating that the situation will not be very good in the first half of this year, and the situation in the second half of this year will depend on the situation of this spring fair." 
 data show that the year-on-year growth rate of domestic clothing exports to major markets in 2012 declined to varying degrees, with the European Union falling by 12.08% compared with the same period last year. 
 "however, in the long run, urbanization promotes the release and spanfer of clothing demand." Rong Zilong is optimistic about the opportunities brought by the urbanization to the garment industry. Data show that the proportion of clothing production in the Midwest increased year by year, with a 17.4% share in 2012. In 2012, the western production increased by 18.29%, while in the east it was only 2.75%, and in the eastern part of 2011 the output was 13.81%.