On October 16, textile and apparel concept stocks were active. As of the close of trading, leading shares rose by the daily limit, and Hasen shares and Cool intelligence rose by more than 5%. According to the statistics of the General Administration of Customs, in September, China's textile and apparel exports were 26.20 billion US dollars, down 4.8% (0.8% year-on-year growth in RMB), and the decline further narrowed by 3.6 percentage points, and the market was significantly warmer than in previous months. Industry bodies said that as overseas destocking comes to an end and the fourth quarter sales season is superimposed, the performance of textile and garment enterprises is expected to improve.
Clothing market sentiment index increased
On October 16, Xstep International announced that the company's retail (including online and offline channels) recorded double-digit year-on-year growth in the third quarter, and the channel inventory turnover was four and a half months to five months. On October 12, Anta Sports announced that in the third quarter, the retail amount of the company's Anta brand products achieved positive growth compared with the same period in 2022; The retail value of FILA branded products recorded a positive growth of 10% to 20% over the same period in 2022, and the retail value of other branded products recorded a positive growth of 45% to 50% over the same period in 2022. China Textile Industry Federation circulation branch boom monitoring results show that in September, the textile and apparel professional market boom index rose. The national textile and garment professional market managers' climate index was 53.87, up 2.31 percentage points from August; The business climate index of the professional market was 52.67, up 2.37 percentage points from August.
Fabric production is still cautious
However, for many fabric companies, this year's "gold nine silver ten" came quietly. The traditional sales season has reached its halfway point. The relevant person in charge of a number of enterprises said in an interview with reporters that this year's "gold nine" is less than expected, although October has just begun, but the industry is generally not optimistic about the sales trend of the month.
"Now the concept of 'nine gold and ten silver' is fading, and the market has no clear timeline." Shanghai Zhengjia milk silk Technology Co., Ltd. relevant person in charge said, "In previous years from August, the factory is running at full capacity, the workers basically have to 'three shifts', but in recent years the market is somewhat abnormal, the concept of off-season and peak season is gradually blurred." This year in particular, the gold sales period is clearly not complete."
"Since September, although the factory opening probability has rebounded compared with August, the overall order volume is small, and the profit is also very general." The overall business opening rate has not changed much." The person in charge of a fabric enterprise in Wujiang, Jiangsu, admitted that there is a certain gap between the market this year and previous years.
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