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According to Quanzhou Customs, from January to April this year, Quanzhou city saw a total textile and apparel exports of 13.431 billion yuan, an increase of 20.38% year on year, accounting for 30.78% of Fujian Province’s textile and garment export value over the same period. Among them, the total exports in April was 3.617 billion yuan, an increase of 39.1%. Quanzhou textile and garments were mainly exported to the markets in ASEAN, the Middle East and the EU, while the exports to the above markets respectively were 3.353 billion yuan, 2.851 billion yuan and 2.589 billion yuan, an increase of 47.26%, 30.63% and 7.96% respectively.
ANTA: Single-digit revenue growth in Q1 this year
Recently, ANTA Sports announced that its meeting for the placement of orders in the fourth quarter of 2016 have been completed.According to the wholesale prices, the amount of orders in the fourth quarter increased by double digits; according to the retail value,the first quarter of 2016 saw a single-digit revenue growth over the same period in 2015.
It is reported that ANTA saw a turnover of 11.126 billion yuan in 2015, an increase of 24.7% year on year, while the net profit attributable to parent company was 2.041 billion yuan.
It is estimated that by the end of 2016, the total number of domestic stores of ANTA and ANTA KIDS sportswear will have ranged from 7,000 to 7,100, while ANTA FILA and ANTA FILA KIDS stores will have been respectively 1,700 - 1,800 and 650 - 700, which also means that, till the end of the year, the total number of all ANTA offline stores will have been about 9,350- 9,600.
First mandatory national standards on textile products for infants and children was officially implemented
First mandatory national standards on textile products (children’s wear) for infants and children, Safety Technical Code for Infants and Children Textile Products: GB 31701-2015, jointly released by the Chinese General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) and the Standardization Administration of the People’s Republic of China(SAC) on May 26th, 2015, has taken into effect since June 1st, 2016 in China. To ensure a smooth transition of the market, the standard sets a twoyear implementation transition period -from June 1st, 2016 to May 31st, 2018. During the transition period, products produced before June 1st, 2016 and meet the relevant standards are allowed to be sold in the market.