Things In Textile And Clothing Industry

In the field of textile and clothing, export volume has been declining due to the rising cost of manufacturing in recent years and the appreciation of the RMB exchange rate.

As Asia's largest apparel retailer, fast retailing has spared no effort to expand its stores in recent years.

Liu Jing, chief executive of fast marketing group, has issued a bold statement that it will surpass Zara parent InditexSA in 2020 to become the world's largest apparel retailer.

Setting up stores needs financial support. In this context, the issue of fast forward group's debt is particularly noticeable.

In a reply to the reporter's mail, Xun marketing group said that the media coverage was not accurate enough for the issue of bonds. "The group plans to announce and carry out relevant details of the issuance of corporate bonds in this month. The current amount is scheduled to be 250 billion yen quota, with a fixed life period of 3 years, 5 years, 7 years and 10 years."

An industry analyst said that it was mainly due to a series of overseas expansion plans previously announced. For the major brands that have always insisted on direct sales, it is necessary to continue to open stores.

At the moment, it is not just UNIQLO, but also for GU, other brands are expanding overseas.

YOUNGOR is a well-known menswear brand for most consumers, and for the two tier market investors, the company is already not only a brand clothing manufacturer, but also a business entity which is more interesting than the traditional clothing and brand agents. YOUNGOR is always a big draw in the market.

The latest record of success is that the company has invested 16 billion 467 million yuan in its strategic stake in CITIC, holding a total of 1 billion 425 million shares, accounting for 4.9% of the total share capital of CITIC.

This investment is different from the previous one-time investment methods such as fixed increase and two level market buying. The company spent a whole year. From the beginning of 2015, it chose to buy four times through the two tier market and participate in the subscription of new shares, and finally completed the big deal. To this end, the investment has accounted for 86.83% of the company's net assets (2015 reported net assets data in the report.

Of the shares held by the company, 2.9% are subscribed for issuing new shares, with two years of lock in period and 2% of the other two markets are circulating shares.

According to the data disclosed by the company in 2015, in the 8 billion 713 million yuan of revenue and 2 billion 906 million yuan net profit, the investment business realized 1 billion 877 million yuan of investment income and net profit 1 billion 950 million yuan, accounting for 67.1%.

While the other two driving companies in the three carriages of the company have contributed all the revenue, the net profit is less than 1/3.

In the Chinese newspaper, the management level clearly stated that the company's investment business will follow the strategic plan of "pition from financial investment to industrial investment", "focus on large financial, big health, comprehensive group and other areas".

The China Daily also significantly separates the strategic investment from the financial investment target to show the investment attitude.

With the determination of development, Ming Sheng Textile is aiming at military products.

For productive enterprises, "Military" is a gold lettered signboard, representing the strength and quality of enterprises. At the same time, "Military" high standards and high standards also push the operation and management of enterprises to a new height.

With new goals, Ming Sheng Textile has gradually been declared a supplier of military materials in accordance with the relevant procedures of the state.

After nearly a year's efforts, in August this year, the relevant departments of the PLA General Logistics Department began to conduct research, investigation and demonstration for more than two months.

In November of this year, Ming Sheng Textile became the supplier of military materials purchasing and warehousing in 2015.

"The selection of suppliers by the armed forces will take a comprehensive look at the scale of enterprises, production equipment, product quality and financial status, especially in two aspects of management and reputation."

Shang Shengyou told the public network reporter that the high standard and strict management concept of production and management that the enterprise has been adhering to for many years has now been recognized by the army.

Years of persistence have been rewarded and become a supplier of military materials to enable Ming Sheng Textile to seek a new starting point.

However, this is just passing the threshold, and the follow-up development still needs excellent products and diversified services to support.

"This is the opportunity for the new era of Ming Sheng Textile, and we will seize it." for the cooperation with the army, Shang Sheng said that Ming Sheng Textile not only provides good spinning for downstream enterprises in the industry chain, but also produces terminal products such as weaving, clothing and clothing, so as to promote the diversification of products and enhance the added value of products.