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HAITONG SEC Textile Outfits Industry 2025 Annual Strategy Report: Steady Progress and Long-term Vision, Seizing Structural Opportunities.
Since 2024, the willingness to replenish inventory downstream has been good, coupled with a lower base from the same period last year, resulting in significant improvements in revenue. Along with an increase in orders and a continuous rise in capacity utilization, the profit elasticity continues to be released.
Outfit brands return to offline to attract customers, still viewing outdoor sports as the key to traffic | Year-end review.
① This year, outfit brands are focusing on the establishment of offline channels, with some accelerating the opening of offline stores; ② Online is facing a traffic bottleneck, with low stock price competition, high return rates, and declining quality leading to a poor online ecosystem; ③ Outdoor sports are still regarded as a high-traffic area, with professionals believing that competition will intensify.
China National Commercial Information Center: In September, the retail sales of sportswear in key large retail enterprises nationwide decreased by 10.56% year-on-year.
On November 28, the China National Commercial Information Center released the sales analysis for sportswear brands in September 2024.
In September, the textile and clothing export volume was 24.78 billion US dollars, a year-on-year decrease of 3.8%.
According to the latest data released by the General Administration of Customs on October 14, textile and clothing exports in September decreased by 3.8% year-on-year and 11.3% month-on-month in US dollars. Among them, textile exports decreased by 2.1%, and clothing exports decreased by 5.1%.
Bonny hldg (01906.HK): Release of pledged shares by the controlling shareholder.
Grainews on September 30th, bonny hldg (01906.HK) announced that the board of directors has been informed that on September 24, 2024, Maximax Holding Corporation ("Maximax") has fulfilled its obligations secured by pledge, therefore the pledge has been released. Maximax is a limited company registered in the British Virgin Islands, with 100% of the shares held by the company's controlling shareholder and board chairman, Jin Guojun. As of the date of this announcement, the total equity owned by Maximax in the issued share capital of the company of approximately 1.471 billion shares is approximately 53.
BONNY HLDG: INTERIM REPORT 2024
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