国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Make me your Homepage
left corner left corner
China Daily Website

Down garment makers facing another lean year

Updated: 2013-12-24 09:24
By Wu Yiyao in Shanghai ( China Daily)

Down garment makers facing another lean year

A woman walks past a Bosideng International Holdings Ltd store in Yichang, in central China's Hubei province. Liu Junfeng / for China Daily

The increasing cost of down and declining retail sales have brought a hard winter to down jacket producers in 2013, market insiders said.

Apparel industry experts said expanding sales channels, especially at online platforms and designs that better cater for consumers' needs, are solutions to regain profitability.

Bosideng International Holdings Ltd, one of the world's largest producers of down jackets, said it eked out a 3.1 percent rise in net profit in the six months to Sept 30.

Net profit rose to 326.1 million yuan ($54 million) on a decline in tax rates at a subsidiary and "effective cash management", the interim report said.

Revenue fell 8.8 percent year-on-year due to poor domestic and global economic conditions and the industry downturn, the apparel producer said.

Sales of down apparel products, which accounted for 63 percent of its business at the time of the report, fell 4.7 percent year-on-year.The company's Hong Kong-traded shares have lost nearly one-third of their value in the past 12 months.

According to Bosideng's report, overall apparel sales in China rose by 6.1 percent in the first nine months of the year, but that was still better than in 2012, which saw the lowest annual gains for the entire apparel industry in the past 10 years.

"Reducing inventory has become a buzzword for apparel makers in recent years, and one solution is to build up effective sales channels," said Huang Xiaojian, Shanghai-based retail researcher with Fulun Consultancy.

Qi Xiaozhai, dean of the Shanghai Commercial Economic Research Center, said that e-commerce platforms have been having an increasing impact on sales at brick-and-mortar channels, but enterprises can also take advantage of building up their own e-commerce platforms.

"For brick-and-mortar shops, service and a nice shopping experience may lure consumers back," said Qi.

Bosideng closed 344 retail stores between March 31 and Sept 30, reducing its total to 12,665. Its e-commerce platform set a record of 110 million yuan in sales revenue on Nov 11, a major Internet shopping day in China.

Analysts said that the price of down climbed fast after many ducks and geese were killed during the avian flu outbreak in May 2013, and the cost of materials for down jacket producers may rocket in 2014.

 

 

 
 
...
桦甸市| 静乐县| 巢湖市| 武夷山市| 汉寿县| 昌邑市| 亳州市| 馆陶县| 安西县| 崇州市| 黄山市| 房山区| 江安县| 洪泽县| 石柱| 威远县| 仙游县| 宁武县| 宜宾市| 磐石市| 旺苍县| 丹东市| 武胜县| 石家庄市| 安龙县| 安平县| 清新县| 故城县| 佛冈县| 博湖县| 武平县| 文昌市| 宽城| 湖州市| 长寿区| 夏河县| 巴彦淖尔市| 武清区| 青浦区| 崇阳县| 绥阳县|