Home / Knowledge / News / Apparel/Garments / China's apparel industry inventory at 'alarming' level
China's apparel industry inventory at 'alarming' level
May '13
The inventory lying with the Chinese domestic apparel industries has reached an ‘alarming’ level, requiring the companies to deal with excessive goods. However, in the first quarter of 2013, de-stocking of Chinese apparel industry was at a stalemate.
Baoxiniao earned 553 million yuan in the first quarter of 2013, but its inventory was as high as 815 million yuan, an increase of 273 million yuan year-on-year.
Similarly, the inventory of outdoor sports brand Pathfinder rose from 164 million yuan at the end of 2012 to 254 million yuan at the end of March 2013. The company’s turnover ratio changed from 3.18 times to 0.65 times.
During January-March 2013 period, the inventory of mass fashion brand Souyute increased to a record high of 463 million yuan.
Younger, termed as the “inventory king” of apparel industry, saw its stocks at the end of first quarter touching 23.2 billion yuan, slightly lower from the inventory at the end of last year.
According to the Annual Statistics Reports 2012, released by listed textile and garment enterprises, total inventories of the Chinese apparel industry at the end of last year were more than 67 billion yuan.
If the inventories of other companies like Li Ning and Olympic that are listed in overseas markets as well as that of non-public companies are added, the total inventory of the Chinese clothing industry would cross 400 billion yuan, according to conservative estimates.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search