Textile And Garment Industry: Social Zero Growth Rate Is Flat, The Growth Rate Of Clothing Shoes And Hats And Needle Textiles Is Decreasing.

According to the data released by the National Bureau of statistics, the total retail sales of consumer goods in 1-2 months amounted to 66064 billion yuan, up 8.2% from the nominal growth rate, and the growth rate was flat compared with that of December last year. If the price factor is deducted, the actual growth rate will be 7.1%, which is 0.5 percentage points faster than that in December last year.

On the other hand, the retail sales of clothing, shoes and hats and needle textiles were 233 billion 200 million yuan, an increase of 1.8% over the same period last year. The growth rate was 5.6 percentage points lower than that in December last year, and the decline was more obvious.

In the past six months, under the influence of the consumption environment, the consumption of clothing and home textiles has been under pressure. However, some of the leading industries have competitive advantages in products and channels.

In February, the consumer confidence index increased by 2.3 percentage points over January and superimposed on the adjustment of personal income tax. We believe that the clothing consumption market in the future is expected to pick up gradually. We should pay attention to the leading brands of brand clothing industry: Semir clothing, Song Li Si and an Zheng fashion.

In addition, some domestic textile manufacturing enterprises are actively promoting the pfer of production capacity to Southeast Asia.

We believe that setting up factories in Southeast Asia and other Southeast Asian countries is expected to bring advantages to tax revenue, labor force and customer import tariffs for textile enterprises, and help to reduce international logistics costs and enhance cost competitiveness.

The recommended order is more stable, and actively expand Vietnam's capacity, and its performance is expected to continue to improve: Jiansheng group and Huafu fashion.

Semir Costumes: Barbara brand occupies the first place in the children's clothing industry, and the business of casual wear has steadily increased.

We should further expand the electricity supplier sector and actively layout the shopping center channels to cater to the consumption trend of young people.

Net profit in 2018 is expected to increase by 48.74% over the same period last year.

Geus: focus on creating high fashion group, multi brand layout, brand development, marketing promotion, product planning, supply chain management and other aspects of synergy, performance continues to improve.

An Zheng fashion: the main brand nine posture steadily grows, gradually cultivates new brands.

The acquisition of 70% stake in ritual information is expected to help the company layout children's clothing and maternal and child industries, enhance the operation capacity of the electricity supplier, while thickening performance.

Kin Sheng group: abundant orders, excellent customer resources.

Vietnam is planning to build a production base for cotton socks and seamless underwear, and its performance is expected to continue to expand with the further expansion of capacity.

Net profit in 2018 is expected to increase by 50% to 90% over the same period last year.

Huafu fashion: deep ploughing Xinjiang, enjoying the advantages of resources, location, policy and so on.

Promoting the layout of Vietnam's production capacity will help enhance the competitiveness of our global customers.

Net profit in 2018 is expected to increase by 15.14% over the same period last year.

Risk warning

The change of economic environment has led to the low consumption of clothing, the fluctuation of exchange rate, the fluctuation of cotton prices, and the development of new brands is not as good as expected.