Eight Fujian footwear and clothing brands enter the top 50 in terms of revenue in the country
The organization releases the 2020 revenue rankings of listed retail companies
A few days ago, the authoritative domestic retail platform organization Lianshang.com released the 2020 revenue ranking of China’s retail listed companies. Among the top 50 revenue rankings of listed apparel and footwear companies, a total of eight Quanzhou companies were on the list, including Anta, Xtep, 361 Degrees, Septwolves, Lilang, Jiumuwang, Cabin, Guirenniao, etc.
The stable development of the industry is still under pressure
It is understood that in the first half of 2020, the apparel industry was severely impacted. The apparel industry as a whole is facing a situation of low sell-out rate, high inventory, and extremely tight cash flow. At the same time, under the sudden attack of the epidemic, the upstream and downstream industrial chains of the apparel industry have been in an overall downturn. However, the biggest change that the epidemic has brought to the apparel industry is the change in sales model. Most apparel companies have turned live streaming into a standard model for corporate sales.
Data show that in 2020, enterprises above designated size in the national clothing industry completed a total of 22.373 billion pieces of clothing output, a year-on-year decrease of 7.65%, and the actual completed investment in the national clothing industry decreased by 31.9% year-on-year. The relevant person in charge of the China Garment Association said that since last year, the entire industry has basically maintained a stable recovery development trend, and corporate operations and profitability have gradually improved. However, due to the continued spread of the global epidemic, as well as the occurrence of multiple sporadic cases and even local clusters of epidemics in the country, the stable development of my country’s garment industry still faces tremendous pressure.
The growth of sports and women’s clothing has a demonstration effect
Judging from public performance data, the top 50 listed apparel and footwear companies in terms of revenue achieved a total revenue of 217.795 billion yuan in 2020, a year-on-year decrease of 13.85%, and a net profit of 15.474 billion yuan, a year-on-year decrease of 12.03%. %, for the first time revenue and net profit fell simultaneously. However, the rankings of companies such as Li Ning, Peacebird, Winner Fashion (Klaidier), Baoxiniao, Zheng’an Fashion, Jinhong Group (Vignas) Jiangnan Buyi, Langzi Co., Ltd., and Disu Fashion have increased significantly.
The reporter found that in 2020, a total of eight Fujian clothing and footwear companies entered the top 50 national revenue companies in 2020. Among them, Anta Sports has revenue of 35.512 billion yuan and net profit of 5.162 billion yuan, ranking first; Xtep International has revenue of 8.172 billion yuan and net profit of 513 million yuan, ranking 9th; 361 Degree has revenue of 5.127 billion yuan and net profit of 415 million yuan. billion, ranking 12th; Septwolves’ revenue was 3.33 billion yuan, with a net profit of 209 million yuan, ranking 17th; China Lilang’s revenue was 2.681 billion yuan, with a net profit of 557 million yuan, ranking 22nd; Jiumuwang’s revenue was 26.72 billion, with a net profit of 369 million yuan, ranking 23rd; Cabin Clothing’s revenue was 1.288 billion yuan, with a net profit of 194 million yuan, ranking 36th; Guirenniao’s revenue was 1.188 billion yuan, with a net profit of -382 million yuan, ranking 37th Bit.
Industry insiders pointed out that throughout the clothing brand sector, although overall there is more decline than growth, the growth of the sports and women’s clothing sectors has given the clothing industry a very good demonstration effect, whether Anta, Li Ning, or Peacebird, Kelai Thiel, these brand companies have maintained enough continuous corporate changes and focus to achieve new breakthroughs. At the same time, it can be seen from the ratio of net profit to revenue among the Minpai clothing and footwear brands that various companies are still uneven in terms of operational efficiency and cost control. The Minpai clothing and footwear brands have improved management efficiency. There is still quite a bit of space.
AAA
Disclaimer:
Disclaimer: Some of the texts, pictures, audios, and videos of some articles published on this site are from the Internet and do not represent the views of this site. The copyrights belong to the original authors. If you find that the information reproduced on this website infringes upon your rights and interests, please contact us and we will change or delete it as soon as possible.
AA
