Textile and Apparel Industry Weekly: The textile and apparel sector continues to pick up, and the quarterly report of home textiles is expected to fully exceed expectations
Date: 2021-04-19 Views:
The main review and outlook of the week: According to the statistics of the National Bureau of Statistics, the total retail sales of consumer goods from January to March 2021 was 10.52 trillion yuan, a year-on-year increase of 33.9%, and the retail sales of clothing, footwear and hats increased by 54.2%. The total retail sales of consumer goods in March was 3.5 trillion yuan, a year-on-year increase of 34.2%. From January to March 2021, the online retail sales of physical goods reached approximately 2.3 trillion yuan, a year-on-year increase of 24.4%, accounting for 21.9% of the total retail sales of consumer goods.
The textile and apparel sector outperformed the market last week. From April 9, 2021 to April 16, 2021, the Shenwan Textile and Apparel Index increased by 0.81%, which was stronger than the Shenwan A Index by 1.48 percentage points. Among them, the apparel and home textile index fell by 0.06%, which was 0.61 percentage point stronger than the Shenwan A index; the textile manufacturing index rose by 1.09% last week, which was stronger than the Shenwan A index by 1.76 percentage points.