Welcome to Fibre2fashion.com    
Amicor - Most Trusted Anti Microbial Fibre
Textile | Apparel |  Fashion | Technology | Technical Textiles  | Corporate | Associations
Home >> News

2012 was not a good year for Chinese clothing industry

January 10, 2013 (China)

The year 2012 was not good for China’s garment industry and doubts arose over survival of several enterprises.
The sales of over 14,328 large-scale apparel enterprises increased by only 10 percent year-on-year in January to September, which was 3 percent lower than the growth in sales observed at the beginning of the year.
From January to November 2012, China’s overall textile and apparel exports earned US$ 230.827 billion, achieving a growth of 2.08 percent year-on-year, which was 0.08 percent more than the 2 percent growth in January to October period.
China’s textile and apparel industry as a whole stabilized in the third quarter, and some indicators improved in the fourth quarter. However, sales conditions throughout the entire textile and clothing manufacturing chain are yet to recover.
In the present scenario, operating pressure will persist and China’s garment exports are likely to maintain slow growth rate.

Fibre2fashion News Desk - China
More Apparel/Garments News - China...

Email this
Print this
Letter to
Sign Up for
News Letter