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Integration of textile and garment industry chain re-stimulating the textile and garment industry by e55he swrzsnb





Article Author Biography
Integration of textile and garment industry chain re-stimulating the textile and garment industry by
Article Posted: 03/12/2011
Article Views: 80
Articles Written: 2033
Word Count: 896
Article Votes: 0
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Integration of textile and garment industry chain re-stimulating the textile and garment industry


 
Business,Business News,Business Opportunities
Global textile and garment industry has experienced in 2009's "darkness" of the years after 2010, the steady rise of the textile industry there's a good trend. Data show that from January to February this year, the textile sector grew by 13.4% line. Meanwhile, exports have been 3 consecutive months of positive growth over the previous year, an increase of 89.34 percent, substantially more than market expectations. Significant improvement in the domestic industry against the background of the situation, Shandong Ruyi Group, represented by the domestic textile and garment enterprises have acquired a number of foreign famous brand clothing business. However, it is noteworthy that, in foreign enterprises, "acquired" the same time, domestic textile and garment enterprises frequency is "transferred." Recently, Qinghe Woolen Textile Lixian new limited liability company, limited liability company in Sichuan Jiuxing clothing and many other textile and garment enterprises of the shares being held to advance the exchange of property rights. For the domestic textile and garment enterprises in the transfer-intensive acquisitions, industry experts said the financial crisis of the textile and garment industry mergers and acquisitions, and industry chain integration to industry-based structure has only just begun. When M & transfers Ruyi Group in addition to extensive international search for acquisition targets for big bargain-hunting, domestic mergers and acquisitions performed simultaneously. March 20, Jiangsu Sunshine Co., Ltd. and Hong Kong signed Dongsheng "Equity Transfer Agreement", the sun shares its own funds to 33.1309 million yuan transferee held in Hong Kong Shiwei Te Dongsheng 25% equity share transfer is completed , the sun shares the company will hold 100% equity Shiwei Te. Meanwhile, the reporter learned from the China Beijing Equity Exchange, listed near Beijing Guanghua Textile Group Co., Ltd. held by the Beijing Guanghua Textile Co., Ltd. China 37.04% service options and Beijing in Beijing Textile Group Co., Ltd. Kaifeng Yulong Textile Co., Ltd. held 50 % stake have been successful selling. And in consultation with the transferee's share transfer textile and garment enterprises there are also many. Reporter learned from the southwest United Assets and Equity Exchange, Sichuan Jiuxing Textile Co., Ltd. state-owned equity transfer means to transfer their holdings limited liability company in Sichuan Jiuxing apparel 90% stake, listed price is only 19,000 yuan. Sichuan textile industry as the oldest first made textiles import and export qualification with one of the enterprises in the competitive market, the Jiuxing clothing empire, "is transferred" destiny. Jiuxing clothing with "same boat" were Weinan Knitting Factory, Wuxi New Pacific Garment Co., Ltd.. Weinan City, State-owned Assets Regulatory Commission on March 31 in the western transfer of property rights exchange listing Weinan Knitters of property rights, the transfer price is 32,376,700 yuan. Taiping was the new Asset Management Co., Ltd. Wuxi Jinde and sweater factory in Wuxi City, while two equity holders, "Bargain." Notice shows that the former holds 78% stake in the new peace, sweater factory holds 22% stake in the overall reserve price is 9.4528 million yuan property listing. To mergers and acquisitions to achieve integration of industrial chain "In such an era, China's textile and clothing should be to integrate international resources, to make up for many of our gaps." Ruyi Group chairman Qiuya Fu in the "ideal? 2010 China Fashion Forum" interview with this reporter said that at present, Ideal Group is working on proposals to purchase a Japanese clothing brands. The Ideal Group had completed just carried on an Italian and a German acquisition of clothing brands. Qiuya Fu said the textile and apparel industry to study the integration of industrial chain, industrial chain integration by enhancing the cohesion and competitiveness of the industry. No doubt, M & A is a shortcut to an integrated industrial chain. And it is through mergers and acquisitions, Ideal Group completed a textile company from the textile and garment enterprises to perfect the transition. "Ideal Group's core competence is through large-scale and large-scale acquisitions, mergers and acquisitions and rapid growth of their own." Qiuya Fu said that China's textile brand weak, the marketing idea worse, then go buy some mature brand operation of enterprises, standing on the shoulders of each other fast-growing giant. "China's textile and garment enterprises have been taking vertical and horizontal expansion of the two paths, vertical expansion is an extension of the upstream and downstream industry chain." First Textile Network CEO Wang told reporters ahead, crisis relatively low acquisition cost and other factors propelled the expansion of large enterprises, the industry trend has become even more apparent polarization. "Textile and Apparel in the chain interaction has never ceased, in the upstream and downstream industry chain mix, give full play to the advantages of each link, the optimal combination of them in a dynamic access to the effect of 1 +1> 2 in order to grasp the innovation and value, to seize new markets initiative. "vice president of China Textile Industry Association, said Wang Tiankai, speed up integration of industrial chain, industrial chain advantage play, will be the industry one of the main directions for future development. "In the future, the domestic textile and apparel industry would appear a few relatively complete industrial chain, a relatively high degree of control of leading companies." Forward Wang says.

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