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Textile and garment industry: Retail sales of textile and garment increased by 8.3% year on year

Textile and garment industry: Retail sales of textile and garment increased by 8.3% year on year

(Summary description)The Shenwan Textile and apparel index fell 4.29 per cent last week, outperforming the Shanghai Composite index by 2.54 percentage points and ranking 23rd among the 28 primary sector indexes. Taiping Bird, Jujie Micro fiber, Mengjie shares rose before. Retail sales of clothing, shoes, hats and needles textiles by companies above the quota rose 8.3% year on year, up 4.1 PCT from August, according to the Statistics Bureau's Zero data for September released last week.

Textile and garment industry: Retail sales of textile and garment increased by 8.3% year on year

(Summary description)The Shenwan Textile and apparel index fell 4.29 per cent last week, outperforming the Shanghai Composite index by 2.54 percentage points and ranking 23rd among the 28 primary sector indexes. Taiping Bird, Jujie Micro fiber, Mengjie shares rose before. Retail sales of clothing, shoes, hats and needles textiles by companies above the quota rose 8.3% year on year, up 4.1 PCT from August, according to the Statistics Bureau's Zero data for September released last week.

Information

Industry core views:

The Shenwan Textile and apparel index fell 4.29 per cent last week, outperforming the Shanghai Composite index by 2.54 percentage points and ranking 23rd among the 28 primary sector indexes. Taiping Bird, Jujie Micro fiber, Mengjie shares rose before. Retail sales of clothing, shoes, hats and needles textiles by companies above the quota rose 8.3% year on year, up 4.1 PCT from August, according to the Statistics Bureau's Zero data for September released last week. From January to September, online apparel goods in China grew 3.3 percent year on year. In the short term, the epidemic situation in China is well under control, foreign orders are transferred to China, and the domestic textile and apparel industry welcomes the peak season for sales. Market demand continues to release, and the fundamental repair of individual stocks will be further improved. In the medium and long term, the epidemic has prompted more people to attach importance to physical health and physical exercise. In the future, with the increase in the number of times people go out for activities and the cultivation of physical exercise habits, the demand for sports clothing is experiencing a rebound, and we continue to look forward to the leading enterprises of high-quality sports clothing that have overfallen due to the epidemic.

Investment Points:

Market Review: Last week (October 19-October 23), The Shenwan Textile and Apparel Index fell by 4.29%, outperforming the Shanghai Composite Index by 2.54 percentage points, ranking the 23rd among the 28 primary industry indexes in Shenwan. Since the beginning of the year, The Shenwan Textile and Garment Index has risen by 2.16%, 5.31 percentage points less than the Shanghai Composite Index, ranking 20th among the 28 first-class sub-industries in Shenwan. In terms of secondary sub-plates, last week textile manufacturing -4.59%, clothing home textiles -4.11%. The PE value of the plate is 31.84 for textile manufacturing and 42.72 for clothing and home textiles. In terms of sub-sectors, in textile manufacturing last week, woollen -4.35%, cotton -5.74%, silk -3.15%, printing and dyeing -1.18%, auxiliary materials -3.13% and other textiles -4.65%; In clothing and home textiles, men's clothing -3.86%, women's clothing -3.75%, casual clothing -0.96%, shoes and hats -3.84%, home textiles -1.64%, and other clothing -7.36%.

Important events in the industry: Abroad: THE EU will fully implement the NPE ban on imported textiles; The theme of the European Social Innovation 2020 competition is "Sustainable fashion". Domestic: Wei Ya, Li Jiaqi preheating Singles' Day broadcast room accumulated 300 million views; TheNorthFace's parent company, Westphal, has reached a partnership with Aliyun. Important announcements of listed companies: Bianylefen, Taiping Bird, Fuanna, Luolai life released three quarterly reports; The acquisition and merger of Kairun Shares and the pledge buyback; Huafu fashion additional approval; Pacific birds receive government subsidies; Bielinefen related party transaction.

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HOT SUN

We produce various headwear with different material, including baseball cap, visor, Gatsby, bucket hat and winter hats. We always use high quality fabric and components supplied by qualified factories, and we also develop latest material for new styles.

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YANTAI HOT SUN GARMENT & ACCESSORIES CO.,LTD.

ADD: 93 DANYA WEST ROAD, LAIYANG, SHANDONG, CHINA
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