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Seven spring enterprises are listed among China’s Top 100 Apparel Companies



Seven spring enterprises are on the list of China’s Top 100 Clothing Companies Recently, the China National Garment Association released the list of “Top 100 Garment In…

Seven spring enterprises are on the list of China’s Top 100 Clothing Companies

Recently, the China National Garment Association released the list of “Top 100 Garment Industry Companies in 2020”. Many clothing companies in Quanzhou were on the list, including Septwolves, Jiumu Wang, 361, Dadi, Xtep, Qipai, Jinba, etc. .

It is reported that the top 100 enterprises in China’s garment industry in 2020 will be ranked according to the three indicators of “operating income”, “total profit” and “operating income profit margin” based on the principle of “member participation and voluntary declaration”. A total of 127 companies are on the list across the country. Judging from the distribution of provinces and cities, they include 33 companies in Jiangsu, 24 companies in Zhejiang, 16 companies in Shandong, 10 companies in Beijing, 8 companies in Fujian, 6 companies each in Guangdong, Shanghai, and Sichuan, Shaanxi, Hunan, There are three companies each in Anhui and Chongqing, two companies each in Liaoning and Shanxi, and one company each in Henan and Hebei. Among them, 11 companies have operating income exceeding 10 billion yuan, and 65 companies have operating income exceeding 1 billion yuan. The reporter’s investigation found that among the top 100 companies in terms of operating income, Quanzhou Enterprises Septwolves, Jiumuwang, 361, Dadi, Xtep, Qipai, and Jinba ranked 26th, 34th, 45th, 48th, 52nd, 63rd, and 74th respectively; in terms of profit, Among the top 100 companies in total, Quanzhou companies Jiumuwang, Septwolves, 361, Xtep, Rimba, Qipai, and Dadi ranked 22nd, 30th, 32nd, 44th, 50th, 53rd, and 85th respectively; in the top 100 operating income profit margin list Among them, Jiumuwang, 361, Jinba, Xtep, Qipai, and Seven Wolves ranked 12th, 20th, 27th, 44th, 51st, and 62nd respectively.

It is understood that the top 100 enterprises are the mainstay of high quality development in the apparel industry, and are the key to industrial technological innovation and brand An important leader in construction and social responsibility. In 2020, the top 100 apparel companies showed three distinctive features: they actively switched production to fight the epidemic. Facing the impact of the epidemic, a large number of the top 100 apparel companies made every effort to switch to production of protective clothing, isolation gowns, and various types of masks and other anti-epidemic materials, showing a high degree of family and country sentiment and industry responsibility. Quanzhou enterprises Qipai, Septwolves, Jiumu Wang, etc. have all switched production as soon as possible; innovative development features are obvious, and clothing companies have carried out online live broadcasts in the face of the impact of the epidemic. , WeChat fans, community operations, cross-border e-commerce and other new retail and new formats, multiple measures have been taken to promote the rapid recovery of enterprises; while industrial resources are accelerating the gathering of advantageous enterprises, The top 100 companies have maintained healthy development.

According to statistics, in 2020, the top 100 enterprises in China’s garment industry achieved a total operating income of 688.013 billion yuan, a year-on-year decrease of 5.47%; a total “total profit” of 49.983 billion yuan, a year-on-year decrease of 2.68%; the average profit margin reached 9.76%, only A decrease of 0.19 percentage points from 2019. While operating income and total profits have declined, profit margins have only declined slightly, which fully illustrates the resilience of the top 100 companies.

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