Why Textile And Clothing Became The IPO End Of The Review Disaster Area

< p > > the world's < a target= "_blank" href= "//www.sjfzxm.com/" > clothing < /a > a target= "_blank" href= "_blank" > shoes "< hat > net" Xiaobian introduced to everyone is "< 20", "textile", "clothing" and "clothing" to terminate the examination of the hardest hit areas, more than a hundred enterprises in July.

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< p > up to the end of July, IPO has been terminated by 8 textile and garment enterprises such as pig, banner and Wiseman. The IPO of 17 enterprises is facing a suspension. In the past few years, textile and clothing have even become the hardest hit areas for IPO.

Insiders pointed out that fluctuations in performance, product quality defects, high inventory, overcapacity, high production costs, and continued export slump, resulting in weak management of textile and garment enterprises, which directly affected the capital market's main reason for the judgment of the value of investment in the textile and garment industry.

Although many enterprises have tried to pform through O2O channel development, advanced customization, fans economy and other forms of pformation, it is still not enough to enhance the confidence of capital market in this traditional industry.

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The 25 enterprises of < p > < strong > piglet banner stop IPO < /strong > /p >

< p > the securities and Futures Commission disclosed recently that the IPO applications of 25 textile and garment enterprises such as Zhejiang Yin Yu textile, small pig banner, Weis man, border town sports, Delhi, Taihua new material, AB group and Eagle Xiang Chemical fiber have been terminated and examined, accounting for 36.2% of the 69 Enterprises that did not catch the last bus.

It also includes 17 textile and garment enterprises, such as Shenzhen's a target= "_blank" href= "//www.sjfzxm.com/", "dress less than /a", Vigna S fashion, Guangzhou Tian Chong fashion shoes, and so on.

These IPO enterprises are mainly classified as children's wear, women's wear, sports functional clothing, underwear, sports shoes and clothing, garments and related products.

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< p > and the reporter understands that IPO as a famous brand of children's clothing has attracted much attention.

During the preparation of A shares IPO, pig pig frequently exposed quality problems.

In May 2011, a test result from the Xi'an Quality Supervision Bureau showed that nearly 20% of the local children's clothing had a quality problem, and the piglet was on the list of blacklists.

In the two quarter of the same year, in the sampling inspection of the Wuhan industry and Commerce Bureau, a small round neck short sleeved sweater was found unqualified.

Coincidentally, in June 30th, the last review of vieman, though it was the second time to launch the IPO, was also exposed by the large number of exits from the franchisees, the failure of product quality and so on.

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< p > < strong > high inventory or difficult financing reasons < /strong > < /p >

< p > "whether it is the Shanghai Shenzhen Stock Exchange or other overseas markets, the financing of textile < a href=" //www.sjfzxm.com/news/index_c.asp "> clothing enterprises < /a > is becoming more and more difficult, and the valuation is also getting lower and lower.

Guang Fa securities (000776) analyst Eurasian Philippines said that in the past two years, affected by the economic downturn, the clothing enterprises have been in a high storage state for a long time. Their unstable performance, lack of growth potential and lack of innovation power (310328) are the main reasons for this piece to suffer from the cold market.

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In June of this year, Baleno, which was once popular with the Post-80's fashion brand, announced that it closed 388 stores in mainland China as of March this year, accounting for 10% of the total number of stores.

At the same time, Baleno's parent company, Germany Yongjia, reported a year-on-year decrease of 12.4% in the first quarter of this year.

Also this year, Baleno has been trapped in the dilemma, Metersbonwe has closed more than 200 stores, Semir has closed more than 700 stores, and Giordano listed in Hongkong has closed 75 stores.

Huang Wenjie, executive director of Guangdong provincial circulation industry, said that the demand for garment market continued to slump this year, and the performance of listed apparel companies was generally low. Many large clothing brands were trapped in cash flow problems due to high storage and other problems.

Under this background, the urgency of the financing of garment enterprises is particularly obvious.

Baleno and a series of clothing brands' closing trend also adds some concerns to the prospect of future clothing enterprises' investment projects.

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