Review And View Of Textile And Clothing Industry Market In The Week

Here in the world clothing shoes The small knitting of hat net introduces spin And the clothing industry: In April, the clothing retail sales of 100 retail enterprises increased by 1.1%, and the events in Vietnam affected the transfer of textile production capacity.

　 Weekly market review and views

Last week, the Shanghai Composite Index, the Shenzhen Composite Index and the Shanghai Shenzhen 300 rose 0.76%, 1.11% and 0.56% respectively. The textile and clothing sector rose 0.27%, of which the textile and clothing sectors rose 0.29% and 0.25% respectively. In terms of individual stocks, Huafang Textile, Kaikai Industry, Pathfinder, etc. were among the biggest decliners; Blue Ding Holdings, Meisheng Culture, etc. were among the top gainers.

According to China business According to the statistics of the Information Center, in April, affected by the sharp decline in sales of gold, silver and jewelry, the retail sales of the country's 100 key large-scale retail enterprises fell 7.8% year on year (- 24.6 PCT compared with the same period last year). Excluding gold, silver and jewelry, the number of key large-scale retail enterprises increased by 2.6% year on year (- 5.6 PCT compared with the same period last year).

In April, the clothing retail sales of 100 key large-scale retail enterprises increased by 1.1% year on year (- 0.5 PCT compared with the same period last year), of which men's clothing decreased by 1.4% year on year, while women's clothing and children's clothing were growing year on year. The year-on-year growth of all kinds of clothing sales continued to show a recovery trend. The retail sales of clothing increased by 4.4% year on year (+8.4 PCT compared with the same period last year), better than the monthly growth level in the first quarter.

Affected by protests and violence against Chinese in Vietnam, many Hong Kong listed companies with factories in Vietnam temporarily suspended their factory business in Vietnam. According to Hong Kong media reports, there are more than 700 Hong Kong funded companies in Vietnam, many of which have been damaged by mobs and suffered heavy losses. Among A-share companies with production capacity in Vietnam are Blum Orient and Lugang Technology. Huafu Color Textile has set up a Vietnamese subsidiary to expand its production capacity. We analyze that if the Vietnam incident continues, it will benefit the domestic leading textile manufacturing enterprises that have not set up factories in Vietnam. It is suggested to pay attention to the overseas production expansion of Rutai A in Cambodia.

From the perspective of physical channels, after 2-3 years of de stocking, the de stocking of some sub industries is nearing the end. We believe that the first is fashion leisure, the second is home textile, and the terminal inventory will first become reasonable. It is suggested to pay attention to the fashionable and leisure Meibang and Sima, and the home textile Luolai and Fuanna. The recovery degree of the industry after the inventory tends to be healthy will depend on the recovery degree of terminal demand. In addition, we recommend paying attention to Pathfinder, Hailan Home and Lutai A.

News of industry companies

Tods' revenue increased slightly in the first quarter, while RogerVivier's growth slowed down; Uniqlo's same store sales in Japan increased by 3.7% in April, with a net increase of 9 stores; The online brand A21 is mainly sold this year, with more than 600 summer clothes; Bosideng hired Daphne with an annual salary of 5 million yuan, and Gao Dekang (microblog) resigned as CEO; Vipshop's net profit in the first quarter increased by 355%, and the acquisition of Lefeng achieved initial results; Anta's sales in the first quarter and orders in the fourth quarter will achieve double growth; Peak net increased 4 retail outlets in the first quarter, reaching 6016; Kanudi Road's wholly-owned subsidiary set up a WeChat public platform, Lutai invested in Lutai Youxian, Shanghai Jiahua changed its personnel, Landsee stopped planning major events and resumed trading, Aokang, Baiyuan, and Burson continued to suspend trading.

Industry data summary

Grade 328 cotton Spot 17427 yuan/ton (- 0.26%); American Cotton Cotbook A92.55 cents/pound (-1.86%); Viscose staple fiber 12030 yuan/ton (-0.99%); Polyester staple fiber: 8652 yuan/ton (-0.41%); Long staple cotton 31450 yuan/ton (0.16%); The difference between internal and external cotton prices is 1445 yuan/ton (9.97%).