Textile and apparel retail clothing retail sales continue to slump slowdown

Summary: National Bureau of Statistics data show that in May 2016, garments, textiles total retail sales increased by 5.9% compared with the same period last year fell by 6.6 percent, online sales "wear" commodities up 16.2% over last year down 14.1 percentage points over the same period.

Textile and apparel retail continues to slump. Since May, the clothing retail sales slowdown, weak downstream consumption. National Bureau of Statistics data show that in May 2016, garments, textiles total retail sales increased by 5.9% compared with the same period last year fell by 6.6 percent, online sales "wear" commodities increase of 16.2% over the same period last year dropped 14.1 percentage points.

According to China National Commercial Information Center, in May 2016, the national hundred key large-scale retail sales fell 6.1 percent, a deceleration of 8.0 percentage points last month, compared to the same period last year slowed down by 9.2 percentage points. Clothing sales fell 7.2 percent, the growth rate dropped by 7.8 percentage points last month, down 13.3 percentage points from the same period last year. Where men's, women's, children's growth are negative growth, down 8.7% men, women fell by 6.7%, children's clothing fell 4.4%. Gauze steady sales. Nearly a month, yarn textile enterprises surveyed sales rate decreased slightly, a slight increase in inventory; fabric sales rate, inventory reduction. As of June 8, the yarn sample survey of enterprise sales rate of 99.96%, 4.8 percentage points lower than the ring, down 0.1 percentage points; stock sales to 14.1 days, an increase of 0.1 days, down 5.4 days. Cloth sales rate of 100.45 percent, the chain increased 3.5 percentage points, an increase of 10.2 percent; 34.6 days for the stock sales, a decrease of 6.2 days, down 20.8 days. Cotton textile enterprises procurement initiative. The current inventory of raw materials textile enterprises are still relatively low, in order to maintain production, need to continue to replenish stocks, but the lack of resources in the spot market cotton, textile enterprises more cotton reserves to the library to replenish stocks, the auction business actively. Purchasing Intentions Survey shows that in 2016 the beginning of June, ready to purchase raw materials business accounted for 76%, the chain increased by 1 percentage point, down one percentage point; sidelines enterprises accounted for 24%, a decrease of 1 percentage point, an increase of 1 percentage points; no we do not intend to purchase the cotton companies, unchanged, flat year on year. Related Links: National Cotton Market Monitoring System sample survey, as of June 8, used a sample survey of enterprises cotton average days of inventory of approximately 29.1 days (including Port number of imported cotton), an increase of 0.5 days, down 0.6 days. According to the data projections, the country's cotton industry inventory of about 572,000 tons, an increase of 1.6%, down 6.7%.