Total retail sales of consumer goods has increased in May

Total retail sales of consumer goods has increased in May

Domestic market operation in January to May has been released recently. According to statistics， accumulated total retail sales of consumer goods from January to May has an increase of 12.6% year-on-year， 1.9 percentage points lower as compared with that of the same period of previous year. And， retail sales of consumer goods in May has an increase of 12.9% year-on-year， 0.1 percentage points higher as compared with that in April. Consumer market continued a little rebound. Retail sale of clothing saw a steady rise in May. Clothing retail sale of 3，000 key retailers monitored by MOFCOM was up by 6.6% year-on-year， 5.5 percentage points higher as compared with that in April.

According to Customs statistics， total value of our import and export from January to May were of 10.51 trillion Yuan， down by 14% yearon-year， exchange rate fluctuation excluded. The main features of foreign trade are as follows： First， Trade with U.S. and ASEAN was steadily up， and with EU and Japan declined. Second， Rapid growth of export in the central and western China； export of eastern China ups and downs. Three， Both General trade and processing trade grew steady. Four， private enterprises remained a main engine of growth of foreign trade， foreign invested enterprises had a low growth， state-owned enterprises had an negative growth. Five，Exports of laborintensive products grew significantly. The value of imports of most energy and resource products was up. In January to May， clothing， textiles， shoes， furniture， luggage， toys and plastic products， such as 7 categories of traditional labor-intensive products exported 171.2 billion dollars， an increase of 15.4% year-on-year， accounting for 19.5% of the total exports.

Top 100 enterprises of China apparel industry in 2012 released

Recently， China National Garment Association（CNGA） has issued the list of top 100 enterprises of China apparel industry in 2012 formally. Top 100 enterprises of China apparel industry in 2012 based on sales revenue， total profits and rate of profit on sales. A total of 143 companies on the list， the distribution as below： Zhejiang 38， Jiangsu 21， Shandong 18， Guangdong 15， Fujian 12， Henan 5， Beijing 5， Hunan 4， Hubei 3， Hebei 3， Shanghai 3， Jiangxi 3， Shanxi 3， Sichuan 3， Liaoning 2， Yunnan 1， Jilin 1， Anhui 1， Chongqing 1， Shanxi 1.

Semir will acquire GXG at about CNY 2 billion

It is announced in June 19th that Semir will acquire 71% equity of GXG at the price between 1.98 billion and 2.26 billion. This will be the largest M A case in China apparel industry as so far. It is foreseeable， similar cases will be staged one after another in China apparel industry.

GXG is a middle and high end men’s leisure clothing company， which has its own brand. Although the company began to operate since 2007， in a short span of 5 years， its terminal sales reached CNY 3 billion and it has opened about 1200 shops in the main stores and shopping centers across the country.

According to the agreement， GXG’s net profit should not less than CNY 265 million in 2013. Its net profit should have a year-on-year growth rate of not less than 20% in 2014 and 2015. After the transaction， GXG will become a subsidiary of Semir holdings. It is reported， Semir may continue to buy the remaining 29% equity.

According to industry insiders， leisure clothing market in China has a size of CNY 600 billion. Some enterprises has went out of the pressure of inventory， in the future， they will make the MA as one of their main operations. Only execute the multi brand strategy， they can seize more market share.

Nantong textile exportation had a growth in recession

Nantong textile exportation had a growth in the situations slow economic recovery， the debt crisis continues to spread and other international complicated problems. According to the Nantong inspection and Quarantine Bureau， in the first 5 months， 148000000 meters of textiles had been exported， a value of USD 277 million， a year-on-year growth of 9.45%. The goods are mainly exported to Asia， Africa， Europe， the United States， Australia， Canada and other 83 countries and regions. Among them， exports to South Asia， Southeast Asia， East Asia and West Asia accounts for about 73% of the whole textile trade. Export varieties were cotton， polyestercotton， cotton yarn-dyed and dyeing fabrics. Among them， cotton yarn-dyed fabric is accounting for about 72% of the whole trade.

Clothing imports had a rapid growth in Shanghai

According to Shanghai customs， in the first 5 months， the imports of clothing and accessories exceeded USD 1000 million， an increase of 13.2%. Due to the Spring Festival， every months had growths at two digits except February.

Imports of clothing from ASEAN countries increased most rapidly. In the first 5 months， imports of clothing from ASEAN at USD 230 million， a big growth of 41%， and the average price of most major products declined. It is reported， this closely related to UNIQLO， HM， ZARA and other multinational “fast fashion”brands transferring to Southeast Asia. At the same time， the international high-end clothing brands have high confidence to China market. In the first 5 months of this year， imports of clothing from the EU at USD 380 million， a growth of 9.9%.

Toyota textile auto parts project will settle down in Shenyang

In June 18th， the Toyota textile auto parts project invested 330 million yuan by Japan Toyota Textile Corporation will settle down in the Shenyang economic and technological development zone.

The project covers an area of 60000 square meters. The project will be launched in July 1st and put into production in October of 2014.It will mainly provide products for the BMW Brilliance Automotive company， such as car roof， doors， seats and other auto parts.