China's textile and garment industry to explore the transition to 2015 performance expectations.Restructuring of the industry surging, mergers and acquisitions endless: This year cross / number of mergers and acquisitions in the industry were up 17/11 onwards, the number of mergers and acquisitions cases gradually rising. This report reviews the cross-industry mergers and acquisitions, cross industry restructuring, transformation logic with the acquisition of four industry horizontal and vertical directions, and industry restructuring is expected to save the company quantified finishing.
With the international market downturn, the Chinese textile and garment industry be more active in its exploration of the domestic market. From the clothing consumer's point of view, although recently China's per capita fiber consumption rate has risen from 7.5kg to 15kg, in comparison with 30kg to 40kg per capita in developed countries,there is still a large gap.
We believe that after nearly three years of adjustment, brand clothing sector has already priced in most of the downside risks, the sub-industry has moved into the performance of the recovery and valuation of fixed cycle. 2015 more to be concerned about promoting corporate restructuring strategy and project execution schedule, leading companies will be expected to develop a clearer path out after this round of adjustment.
