Down Industry Dynamics
1
Down jacket OEM manufacturers are seeking to expand outside Vietnam
Global epidemic is slowing down, brand clothing factories resume order momentum, down jacket factory Guangyue (4438) pointed out that in response to brand customers expanding the duty-free area for ordering, Jordan in the Middle East has acquired new factories and continues to expand production lines. Next year, the production lines of Jordan's production base will increase from the existing 20 to 60.
Guangyue pointed out that expanding Jordanian production base can disperse product categories and strive for orders for new brand customers. Past operations are affected by seasonal conditions, and the huge gap between off-peak and off-peak seasons is expected to fade.
Guangyue general manager Wu Chaobi said that the order visibility has reached October, and the main customers in hand cover sports brands Adidas, Nike, UA, NB, outdoor brands The North Face, Patagonia, Aritzia, etc., and the price of OEM products is mainly medium and high.
Global clothing consumption market is heating up, and down factory Guanglong (8916) actively invests diversifiedly to win ready-to-wear orders.
Guanglong pointed out that as countries gradually unblock, the market is optimistic about the future revenue growth of outdoor sports brands. The group will continue to increase the proportion of revenue of the ready-to-wear business in the next five years.
Kinglong Chairman Zhan Hebo said that Kwanglong has successfully transformed into an outdoor functional clothing OEM factory; in order to increase the production capacity of ready-to-wear, it will increase Vietnam's existing production capacity, expand cooperation with Vietnam's cooperative factory, increase outsourcing capacity, and find appropriate opportunities to layout Indonesia's production lines.
Source | Zhongshi News Network
2
down clothing product quality implementation rules (2022 edition) released
June 29, the website of the State Administration for Market Regulation issued an announcement stating that in accordance with the "Interim Measures for the Management of Product Quality Supervision and Spot Checks" (State Administration of Market Regulation Order No. 18), the State Administration for Market Regulation organized the compilation of the implementation rules for the national supervision and random checks of 76 products including down jackets, and is now released.
All localities can refer to the implementation when carrying out supervision and random inspection work. The implementation details of the national supervision and random inspection of the quality of the old version of the same product will be abolished at the same time.
based on the standards are: GB 18401—2010 National Basic Safety Technical Specifications for Textile Products, GB/T 29862—2013 Textile Fiber Content Identification, GB/T 14272—2011 Down Clothing, GB/T 14272—2021 Down Clothing, FZ/T 73053—2015 Knitted Down Clothing, as well as the current effective enterprise standards, group standards, local standards and product express quality requirements.
can be downloaded from this webpage: https://www.cn-down.com/news/detail-5601.html
Source | State Administration for Market Regulation
3
Walmart and Gap closely cooperate in the field of home textiles
Walmart and Gap have launched new Gap Home Kids on the first anniversary of their cooperation in launching the Gap Home home textile brand. A series of children's home textile products, including 200 products including children's bedding, pillows, cushions, carpets and curtains.
Gap Home Kids The entire series is sold between $20 and $79, and the design elements include Gap's signature plaid pattern, stripes and wash denim, and are specially designed for children's color matching and pattern.
This series has been sold online on Walmart and has entered physical stores for sale this month. At present, the cooperation between Walmart and Gap in the United States has achieved a win-win result.
The executive vice president of Walmart’s home furnishings department said: “The Gap Home launched last summer has received positive reactions from customers and will also launch Gap Home Furniture this fall, and will also expand to new categories. The two parties will cooperate at a strategic level.”
Source | Today's home textile
4
Sichuan Foreign Trade Innovation Office went to Qu County, Dazhou to explore down jacket foreign trade increment
On June 17, the Foreign Trade Innovation Department of the Sichuan Provincial Department of Commerce, together with the Chengdu Jinniu Market Procurement and Trade Service Center (hereinafter referred to as the Municipal Procurement Center) and 5 market procurement pilot enterprises, went to Qu County, Dazhou City to conduct research and explore new foreign trade increments.
Qu County has a national foreign trade transformation and upgrading base (textile and clothing), and gathered a group of down clothing production enterprises. Among them, Sichuan Henghui Garment Co., Ltd. Brands include Moncler, Oakley, Salewa and domestic high-end trendy down jackets; Quxian Shuntian Garment Co., Ltd. has obtained BSCI (Commercial Social Standard Certification), WRAP (Responsible Global Clothing Manufacturing) and Walmart certifications, with an annual production capacity of 5 million pieces.
But at the same time, Quxian foreign trade enterprises face some difficulties and constraints in international logistics, supply chain, talent team and other places, and some local banks have insufficient experience in foreign trade payment and settlement business.
Next research team will communicate closely with Dazhou City and Quxian Commerce Bureau, combine the RCEP trade opportunity list, and implement a number of measures in depth to serve the development of local foreign trade, help market procurement and other new business forms break the ice, and give full play to the role of advantageous industries such as textiles and clothing in Quxian.
Source | Sichuan and Chongqing local news
5
Poultry meat industry supply and demand scale continues to expand The proportion of duck meat market has declined
Poultry farming occupies an important position in my country's breeding production, and the output from 2017 to 2021 showed a stable growth trend. Data shows that in 2021, my country's poultry inventory reached 6.79 billion, basically the same as the same period last year; the output was 15.74 billion, a year-on-year increase of 1.1%.
Poultry is the second largest meat consumer product in my country, and the per capita poultry consumption of residents has gradually increased in recent years. According to data, chicken production in 2021 accounts for 66% of poultry meat; followed by duck meat, with production accounting for about 27%.
my country is a major duck meat producer. Affected by the African swine fever epidemic from 2018 to 2019, some pork consumption demand shifted to poultry meat, causing its consumption to increase significantly.
However, in the past two years, as the substitution effect gradually weakens, the industry has shifted from prosperity to sluggish, and the market share has declined. Data shows that the national commercial meat duck slaughtered in 2021 was about 3.501 billion, a year-on-year decline of 11.81%, and its share in the poultry meat market fell from 29% in 2014 to 27%.
Source | Guanyan Report Network
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