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China Textile and Apparel Production and Sales Statistics, 2013-2014(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/gc6gbt/china_textile_and) has announced the addition of the "China Textile and Apparel Production and Sales Statistics, 2013-2014" report to their offering. Cotton purchasing and storage policy termination causes price decline. In January 2014, the State Council issued the Several Opinions Comprehensively on Deepening Rural Reform and Accelerating Agricultural Modernization, whereby the temporary policy for purchasing and stockpiling cotton was cancelled. For textile & apparel companies, in the short term, the gross margin will be reduced as a result of cotton price decline, raw material inventory depreciation and falling product prices. However, in the long run, the lower production cost is helpful to improve gross margin. Output Growth Continues to Slow. Over the past three years (2011-2013), the output growth of Chinese clothing enterprises above designated size fell from 17.68% in early 2010 to 1.27% in December 2013, with that in 2013 retreating by 4.93 percentage points against 2012, 6.87 percentage points from 2011, and 17.33 percentage points over 2010, showing an apparent slowdown. Online business burgeons. Compared with the sluggish growth of traditional channel consumption, the online channel of textile & apparel companies has seen rapid development, with proportion of sales in total revenue rising year by year. In the first quarter of 2014, China's online retail sales exceeded RMB557 billion, a jump of nearly 46%, accounting for 9% of total volume of retail sales, thus becoming a new growth engine for domestic demand. Key Topics Covered: Preface 1. Output of China's Textile and Apparel Industry 1.1 Apparel Output 1.2 Textile Output 1.3 Leather Footwear and Headwear Output 2. Sales of China's Textile and Apparel Industry 2.1 Overall Sales of China's Key Department Stores 2.2 Sales Volume by Apparel Type For more information visit http://www.researchandmarkets.com/research/gc6gbt/china_textile_and CONTACT: Research and Markets, Laura Wood, Senior Manager. [email protected] Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Process and Materials (http://www.researchandmarkets.com/categories.asp?cat_id=14&campaign_id=gc6gbt), Clothing (http://www.researchandmarkets.com/categories.asp?cat_id=36&campaign_id=gc6gbt) . (c) 2014 M2 COMMUNICATIONS |