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Popular Clothing Shoes Brand Excellent "Report Card"

2010/7/21 22:52:00 38

Footwear

We have launched the consumer industry theme report in the early days, and we are optimistic about the brand of China's popular clothing shoes. Recently, the listed companies are about to release their pcripts in the first half of the year. We can see that the popular brand clothing sector has performed well, especially in home textiles, men's wear and women's shoes industry, which has proved our theme report.


Semi annual performance Preview: home textiles, men's wear,

Women's Shoes

Rapid growth


The textile and garment industry maintained a relatively high growth rate in 2010.

In the company that we focus on tracking, we expect business performance in the first half of 2010:


More than 30% of the companies grew up: Meng Jie home textiles (54%).

Fuanna

(46%) Luo Lai home textiles (40%), China's Li Lang (48%), wedding bird (38%), seven wolves (35%), BELLE International (38%).

Among them, the data of Lee Lang and BELLE exceeded market expectations.


Companies that increase 20~30% have:

Lining

(22%) Anta (22%), Lu Tai A (22%).


10~20% growth companies include: China trend (15%), Baozi (15%), Shenzhou International (11%).

The trend data are slightly lower than market expectations.


Single digit growth is: YOUNGOR (clothing and textile profits increased by more than 50%, reaching 400 million yuan; but in the first half of the year, real estate delivery profits were lower than the same period last year, about 200 million yuan); Saturday (pre tax profit growth of about 20%, but the effective tax rate increased from 12.5% last year to 25%).

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