Textile And Garment Industry Has Been Terminated And Examined Severely.

< p > performance fluctuations, product quality defects, high inventory, overcapacity, high production costs, and continuous export slump, resulting in the lack of strength in the operation of textile and garment enterprises, which directly affected the main reason for the capital market's judgment of the value of investment in textile and garment industry.

Although many enterprises have tried to pform through O2O channel development, advanced customization, fans economy and so on, it is still not enough to enhance the confidence in the traditional industry of < a href= "//www.sjfzxm.com/news/index_c.asp" > capital market < /a >.

< /p >

25 enterprises, < p > strong > piglets, etc., terminated < a href= "//www.sjfzxm.com/news/index_c.asp" > IPO < /a > /strong > /p >

< p > the securities and Futures Commission recently disclosed that the IPO applications of Zhejiang silver textile, piglet, WEEMAN, border town sports, Delhi, Taihua new material, AB group and Eagle Xiang Chemical fiber 25 textile < a href= "//www.sjfzxm.com/news/index_c.asp" > clothing enterprise < /a > have been terminated and examined, accounting for 36.2% of the 69 enterprises that did not catch the last bus.

It also includes 17 textile and garment enterprises, such as Shenzhen, Vigna S, and Guangzhou Tian Chong fashion shoes, which have resulted in IPO censorship suspended due to incomplete application documents.

These IPO enterprises are mainly classified as children's wear, women's wear, sports functional clothing, underwear, sports shoes and clothing, garments and related products.

< /p >

< p > and the reporter understands that IPO as a famous brand of children's clothing has attracted much attention.

During the preparation of A shares IPO, pig pig frequently exposed quality problems.

In May 2011, a sampling survey conducted by the Xi'an Quality Supervision Bureau showed that nearly 20% of the local children's clothing had quality problems.

In the two quarter of the same year, in the sampling inspection of the Wuhan industry and Commerce Bureau, a small round neck short sleeved sweater was found unqualified.

Coincidentally, in June 30th, the last review of vieman, though it was the second time to launch the IPO, was also exposed by the large number of exits from the franchisees, the failure of product quality and so on.

< /p >

< p > < strong > high inventory or difficult financing reasons < /strong > < /p >

< p > "whether it is the Shanghai Shanghai Stock Exchange or other overseas markets, the financing of textile and garment enterprises is becoming more and more difficult, and the valuation is also getting lower and lower."

Guang Fa securities (000776, stock bar) analyst, Eurasian Philippine, said that in the past two years, the clothing industry has been in a state of high inventory for a long time due to the economic downturn. Unstable performance, lack of growth potential and lack of innovation power (310328, fund bar) are the main reasons for this piece to suffer from cold market.

< /p >

In June of this year, Baleno, which was once popular with the Post-80's fashion brand, announced that it closed 388 stores in mainland China as of March this year, accounting for 10% of the total number of stores.

At the same time, Baleno's parent company, Germany Yongjia, reported a year-on-year decrease of 12.4% in the first quarter of this year.

Similarly, this year, Baleno has been trapped in the dilemma. It has closed more than 200 stores, Semir closed more than 700 stores, and Giordano listed in Hongkong has closed 75 stores.

Huang Wenjie, executive director of Guangdong provincial circulation industry, said that the demand for garment market continued to slump this year, and the performance of listed apparel companies was generally low. Many large clothing brands were trapped in cash flow problems due to high storage and other problems.

Under this background, the urgency of the financing of garment enterprises is particularly obvious.

Baleno and a series of clothing brands' closing trend also adds some concerns to the prospect of future clothing enterprises' investment projects.

< /p >