1. In 2021, the R&D investment intensity of the mainland manufacturing industry will be 1.54%, and the textile industry still needs to be improved
2. The north side is sold, Vans can not be sold, and The Waifu Group has started to lay off employees
3. Lululemon's latest quarterly report disclosed: the three-year compound annual growth rate of the Chinese mainland market is nearly 70%, and the growth rate in the last quarter is more than 30%.
4. Sales of PVH Group, the parent company of Calvin Klein and Tommy Hilfiger, fell 8% in the second quarter, lowering full-year forecasts
5. Help Nantong transform from a textile city to a textile city
6. Shuyang actively promotes textile enterprises to achieve intelligent manufacturing transformation and upgrading
7. Service Trade Fair Dynamics: Winter sports clothing material "black technology" has attracted much attention
1. In 2021, the R&D investment intensity of the mainland manufacturing industry will be 1.54%, and the textile industry still needs to be improved
On August 31, the National Bureau of Statistics, the Ministry of Science and Technology, and the Ministry of Finance jointly issued the "2021 National Science and Technology Funding Statistical Communiqué".
In 2021, enterprises above designated size in the textile industry (including textiles, textiles and garments (apparel), and chemical fiber manufacturing) invested 51.54 billion yuan in research and experimental development (R&D), an increase of 4.58 billion yuan over the previous year, an increase of 9.75%, and the intensity of R&D investment was 0.99%. From the perspective of the industry classification of the National Bureau of Statistics, the R&D funding of the textile industry is 23.17 billion yuan, and the R&D funding intensity is 0.87%. The R&D funding of the textile and garment and apparel industry is 11.44 billion yuan, and the R&D investment intensity is 0.75%. The R&D investment of chemical fiber manufacturing industry is 16.93 billion yuan, and the R&D investment intensity is 1.64%.
The "Guiding Opinions on the Development of Science and Technology in the Textile Industry in the 14th Five-Year Plan" clearly states that during the "14th Five-Year Plan" period, the research and experimental development expenditure of enterprises above the scale of textiles in the mainland accounts for 1.3% of the main business income.
At present, the scale of China's textile industry has become the world's first, and the ability of technological innovation is constantly increasing, but there are still few subversive and original achievements. (Source: Textile and Apparel Weekly)
2. The north side is sold, Vans can not be sold, and The Waifu Group has started to lay off employees
On September 1, 2022, according to the US financial media Denver Business Journal, VF Corporation, the parent company of fashion sports brand Vans and outdoor sports brand The North Face (North Face), announced that the company was about to lay off employees.
The layoffs are aimed at "aligning the number and ability of our staff with our highest strategic priorities," the report said. Subsequently, Weifu Group confirmed that this round of layoffs involved 600 positions in the group. According to publicly available data, as of the end of fiscal year 2022, The Waifu Group had about 35,000 employees worldwide. The layoffs account for about 2% of the company's existing employees.
According to the first quarter of fiscal 2023 released by Viagra Group at the end of July this year, THE GROUP's revenue in the first quarter was US$2.262 billion (about 15.25 billion yuan), an increase of 3% year-on-year. However, the Group's net loss in the first quarter was US$56 million due to a weak consumer environment and inflationary pressures. (Source: Interface News)
3. Lululemon's latest quarterly report disclosed: the three-year compound annual growth rate of the Chinese mainland market is nearly 70%, and the growth rate in the last quarter is more than 30%.
On September 1, Canadian yoga sportswear retailer Lululemon announced its financial results for the second quarter of fiscal 2022 (as of July 31): net sales increased by 29% year-on-year to $1.9 billion, exceeding previous analysts' expectations of $1.77 billion; the company continued to maintain strong growth momentum globally, with net sales in North America up 28%, net sales in international business up 35%, Chinese mainland market developing steadily, Net sales increased by more than 30% year-over-year and grew at a three-year CAGR of nearly 70%.
Calvin McDonald, CEO of Lululemon, said: "Our business continued to grow in the second quarter thanks to positive feedback from customers on product innovations, community events and multi-channel experiences. I would like to express my sincere gratitude to Lululemon's global team for your long-term dedication and enthusiasm to achieve the performance we have achieved today. We believe that in the future, we can realize the 'Power of Three x2' growth strategy and continue to create value for all parties." (Source: Gorgeous Zhi)
4. Sales of PVH Group, the parent company of Calvin Klein and Tommy Hilfiger, fell 8% in the second quarter, lowering full-year forecasts
On August 30, Phillips-Van Heusen Corp ("PVH"), the parent company of two Major American fashion brands, Calvin Klein and Tommy Hilfiger, announced its results for the second quarter of fiscal 2022 (as of July 31, 2022): Due to supply chain disruptions worldwide and the impact of covid-19 in China, Group sales declined 8% year-over-year (unchanged currency versus the same period last year) to US$2,132 million. The Group expects sales to decrease by 3% to 4% in fiscal 2022.
Stefan Larsson, Group Chief Executive Officer, said: "Despite the increasingly challenging macroeconomic environment during the quarter, our Calvin Klein and Tommy Hilfiger businesses continued to demonstrate potential strength in the second quarter. We continue to perform well in European and Asian markets, and currently the unaffected regions are significantly higher than pre-pandemic levels, while in North America we continue to be under the ongoing impact of supply chain pressures. (Source: Gorgeous Zhi)
5. Help Nantong transform from a textile city to a textile city
Recently, Nantong Radio and Television Station reported that Nantong Sanrong Trading Co., Ltd., which has been deeply engaged in the field of garment trade for 23 years, promoted the "intelligent transformation of digital rotation", and transformed into a production and trade enterprise, while also witnessing the process of Nantong textile industry moving towards high-end.
In 2016, in the "3+3+N" modern industrial system planned by Nantong, high-end textiles were listed as the first of the three key pillar industries. In recent years, Nantong Sanrong has accelerated the promotion of "intelligent reform and digital rotation", purchased a number of intelligent and digital equipment, and used new technologies such as big data and artificial intelligence to improve enterprise production efficiency. In 2021, the company's sales reached $130 million, an increase of approximately 15% year-over-year.
Next, Nantong Sanrong adheres to the two legs of foreign trade and domestic sales, focuses on national development strategies such as energy conservation and emission reduction, increases product research and development efforts, enhances the core competitiveness of enterprises, and helps Nantong become a leader in the high-end of the global textile industry value chain. (Source: Nantong Radio and Television Station)
6. Shuyang actively promotes textile enterprises to achieve intelligent manufacturing transformation and upgrading
Recently, in the workshop of a textile enterprise in shuyang Economic and Technological Development Zone, workers worked in an orderly manner on the production line. In recent years, Shuyang has actively promoted textile enterprises to achieve intelligent manufacturing transformation and upgrading. At present, Shuyang has nearly 600 textile-related enterprises, and will achieve invoice sales of nearly 17.5 billion yuan in 2021. (Source: China Jiangsu Net)
7. Service Trade Fair Dynamics: Winter sports clothing material "black technology" has attracted much attention
In this year's service trade fair Hall 13 innovative service achievements exhibition, there is an exhibition area to display a thermal insulation material, the audience can directly touch the workbench up to 125 degrees Celsius across this layer of material, the audience touches the same time the staff will drop water to the workbench, the water droplets will quickly boil and evaporate.
This "black technology" is a new nano-closed-cell insulation material called superposition. The superimposed material has the properties of heat insulation, warmth, antibacterial, moisture absorption, quick drying, light and thin, etc., with a thickness of about 0.75 mm and a weight of about 48 grams per square meter. Superimposed materials can be applied in clothing, food, housing, transportation and other aspects. The material can also be used in tent insulation, outdoor equipment warmth, cabin warmth, curtain insulation and other fields.
In the sports service feature of Hall 14, there is also a sportswear brand that attracts attention. The sportswear brand, UYN, is a supplier of underwear for the Chinese National Alpine Ski Team and the Chinese National Ski Jumping Team. UYN's products use pure natural fiber design, so that clothing can reduce the weight of 25%, and improve the quick drying by 50%, the product is environmentally friendly, skin-friendly is very good. (Source: China News Network)