The Recession Is Very Clear That Domestic Clothing Industry Is Calling Cold.

RMB appreciation and labor force

Textile and clothing are labor-intensive industries. E-commerce helps to reduce labor costs and other comprehensive costs.

In recent years, Xiamen garment enterprises have been upgrading their website, and many enterprises have opened online shops on Taobao online and other online trading websites.

Guangzhou: large reductions in orders

Recently, due to rising costs and shrinking market, the major garment factories in Guangzhou are in a semi shutdown state. Some small and medium-sized enterprises have closed down, and a few enterprises have begun to close down.

Since March, orders for some garment factories have been reduced by more than half. Due to poor sales, 1 yuan clothing stores in Guangzhou have been sold for sale.

The recession in the clothing industry is already very obvious.

Many businesses sell clothes at 3 yuan and one piece, and strive to return money quickly, and a large number of factories stop production.

Shanghai: entering low season ahead of schedule

The end of the Dragon Boat Festival is supposed to be the peak season for the clothing industry. However, due to the rising cost of raw materials and labor, the clothing industry in Shanghai and other places has entered the off-season ahead of schedule. Many small garment factories have been forced to shut down after heavy losses. Some big garment factories are also struggling to maintain.

It is reported that the average daily salary of the workers in Shanghai garment factories is nearly 15 dollars, while those in Vietnam, Kampuchea, Bangladesh and other countries earn 4-5 dollars. Now, Zara, H&M, GAP and other international garment enterprises have taken some low-end clothing to Southeast Asia to produce.

Therefore, the pfer of orders to lower labor costs is irresistible.