Who Is The Biggest Winner? Latest Ranking Of Apparel Brands In China

Consumer preferences are changing rapidly. In a short span of a year, the domestic apparel retail market has undergone another round of reshuffle.

According to the latest statistics released by the National Bureau of statistics, the total retail sales of consumer goods in the first half of 2019 amounted to 195210 billion yuan, up by 8.4% compared with the nominal growth rate. Clothing became the only item with a drop in expenditure. The per capita clothing expenditure in the first half of the year dropped by 2% to 1156 yuan.

Under such a big environment, how to stabilize or even improve performance under the condition of weak clothing consumption expenditure has become a major challenge for the domestic apparel group. For a while, the group's strategy changed from shop opening and channel sinking to closing stores, mergers and acquisitions, and product lines.

According to the fashion business express, the highest value Apparel Group in China is still Shenzhou International. Since this year, the stock price has risen 22% and its market value is HK $159 billion 600 million, followed by Anta sports, which has been hit by short selling agencies recently. Its market value is HK $157 billion 600 million.

This year's biggest winner is Lining, whose stock price has increased by 131.65% since the beginning of this year, and its market value has increased by nearly three times to HK $44 billion 300 million over the same period last year, mainly due to the improvement of its fashion consciousness. In June 22nd this year, Lining released the 2020 spring and summer men's wear series in menswear week in Paris, France. This is not only a brand two degree show in Paris, but also the first appearance after Lining formally established the fashion line.

Hai Lan's home is still the most expensive men's clothing group in China, but the cumulative growth of stock prices this year is only low single digit. In the first quarter, business income slowed down to 5.2% to 6 billion 88 million yuan over the same period last year. According to the fashion business express, in order to make better international expansion, Hai Lan's home has set up a special overseas team to expand its own stores overseas, recruit and manage overseas employees and carry out localization operations.

This year, GXG, a domestic menswear producer who has successfully listed in Hong Kong, has a positive development trend. Since its listing, the stock price has increased by 23% and its market value is HK $5 billion 100 million. According to the prospectus, the annual sales of Mu Shang Group in 2016 and 2017 were 3 billion 17 million and HK $3 billion 510 million respectively, and the income in the 2018 fiscal year increased 7.8% to 3 billion 787 million yuan, of which GXG brand accounted for 66.1% of total revenue, up 6.2% to 2 billion 500 million yuan compared with the same period last year.

The best performance in women's wear is Jiangnan cloth, which has gained 29% since the beginning of this year and its market value is HK $6 billion 900 million. According to the earlier research report issued by the Ministry of foreign exchange, Jiangnan Buyi is the original designer fashion brand in mainland China. It is estimated that the annual compound growth rate of Jiangnan cloth clothing in the next three fiscal years will reach 17%, which will benefit from 4 to 5% growth in the same store sales, and the increase in new shops and online sales.

In June last year, Dazzle's parent company was the most expensive women's clothing group in China with a market value of 8 billion 500 million yuan. Ma Ruimin, chairman of Di Su fashion, said in an interview recently that there will be M & A action in the future group, but we must keep a clear mind, and the target of M & A will be complementary to the existing business of the company.

At the same time, young consumers are becoming more and more fond of the old. The 20 year old clothing retailer Mu Shi international is facing a difficult challenge. According to the fashion business bulletin, the turnover of Mu Shi international listed in the fiscal year ended March has dropped by 13.6% to 251 million yuan, a net loss of 19 million 717 thousand yuan, and a net profit of 2 million 7 thousand yuan in the same period last year. At present, the market value is only HK $130 million, which is the smallest listed female clothing group in China.

The underwear industry, which was originally favored by investors, showed a downward trend. Both the Chinese version of "Wei Mei" urban beauty or Fang Li Fang's stock price accumulated double-digit decline. Urban beauty recently released the first profit warning in recent years. It is expected that net profit will exceed 80% in the first half of 2019, and gross profit margin will also decline due to the rising cost of raw materials. Last year, the performance of urban beauty was strong, and its revenue rose 12.2% to 5 billion 96 million yuan last year.

The business performance of shoe shoe plates is still in the doldrums. Apart from the market value of nine Hing Holdings, which is dominated by manufacturing companies, has exceeded 10 billion Hong Kong dollars. The market value of Daphne and Lies Dan's two shoe giants has already been less than 500 million Hong Kong dollars.

The following is the first edition of the market ranking of major domestic apparel group in the first half of 2019, which covers the main men's wear, women's wear, children's wear, sports and Footwear Group in the first half of the fashion business express.

First place: Shenzhou International (2313.HK)

The stock price has risen 22% since the beginning of this year, and its market value is about HK $159 billion 600 million.

In 2018, Shenzhou International revenue reached 20 billion 950 million yuan, an increase of 15.8% over the same period last year. Net profit rose 20.7% to 4 billion 540 million yuan, and gross margin reached 31.6%, up 0.2 percentage points from last year. This is the double-digit growth of the group's revenue and net profit for Sixth consecutive years. During the period, sales of group sports products increased by 18.5% to 14 billion 276 million yuan, sales of leisure products increased 12.3% to 5 billion 167 million yuan, and sales of lingerie products increased 2% to 1 billion 328 million yuan. (UNIQLO behalf of the factory Shenzhou International income broke 20 billion, stock prices in recent 10 years 65 times).

Second place: Anta sports (2020.HK)

The stock price has risen 57% since the beginning of this year, and its market value is about HK $157 billion 600 million.

The recent second quarter performance report of Anta sports, which is frequently pursued by short selling agencies, has increased Anta brand retail sales by 10% to 20%, including 55% sales to other brands including Fila. In the first quarter of this year, the retail sales of Anta brand products increased by 10% to 20% compared to the same period last year, including retail sales of Fila and other brand products, showing an increase of 65% to 70%. (Zheng Jie, President of Anta group: China's sports industry should not blindly follow the example of Europe and America)

Third place: Lining (2331.HK)

The stock price has risen 131% since the beginning of this year, and its market value is about HK $44 billion 300 million.

In June 24th, Lining estimated that the net profit of the company in the first half of 2019 was about 709 million yuan, an increase of about 440 million yuan over the same period in 2018, an increase of about 164% over the same period last year, and a continuous profit of 509 million yuan, an increase of about 240 million yuan compared with the same period in 2018, an increase of about 90% over the same period last year. In May of this year, after Lining became the home of Hai Lan, second domestic fashion groups were included in the MSCI index system. (deep billion billion Lining's next step)

Fourth place: Hai Lan home (600398.SH)

The stock price has risen 4.5% since this year, and its market value is about 38 billion 400 million yuan.

Hai Lan's first quarter net profit rose 6% to 1 billion 207 million yuan, and business income rose 5.2% to 6 billion 88 million yuan compared with the same period last year, an increase of 12% over the same period last year. Zhou Jianping, chairman of Hai Lan's home, was questioned when he was questioned about the high inventory level at the previous shareholders' meeting. (the richest domestic clothing retailer: the scale of revenue does not exceed that of Hai Lan's home, so it does not deserve to be questioned).

Fifth place: YOUNGOR (600177.SH)

The stock price has risen 21% since this year, and its market value is about 31 billion 600 million yuan.

YOUNGOR's first quarter revenue rose 53.31% to 2 billion 578 million yuan, and net profit rose 48% to 750 million yuan. YOUNGOR's main business includes brand clothing, real estate development and investment business, after YOUNGOR invested 20 billion yuan to buy 243 brands of its own brand 1000 square meters or more stores, plans to use VR/AR and 3D technology to create intelligent stores.

Sixth place: Semir apparel (002563.SZ)

The stock price has risen 19% since this year, and its market value is about 28 billion 500 million yuan.

In the first quarter of 2019, Semir's clothing business revenue rose 63.9% to 4 billion 118 million yuan, and net profit increased 11.06% to 347 million yuan. By the end of 2018, the total number of Semir clothing shops was 9905, of which 782 were newly acquired by KIDILIZ group. The company's original business has a net increase of 700 stores, and children's clothing business has increased by 498.

Seventh place: Bosideng (3998.HK)

The stock price has risen 91% since the beginning of this year, and its market value is about HK $27 billion 800 million.

In the fiscal year ending March 31st, the domestic sales of Boston, a down jacket giant, rose 16.9% to 10 billion 383 million yuan, gross profit margin rose to 53.1% compared to the same period last year, and net profit rose 59.4% to 980 million yuan. During the period, the income from the core down garment business rose 35.5% to 7 billion 657 million yuan, accounting for 73.7% of the total revenue, while the business income of women's clothing increased by 4.2% to 1 billion 368 million yuan, accounting for 11.6% of the total revenue.

Eighth place: XTEP International (1368.HK)

The stock price has risen 18% since the beginning of this year, and its market value is about HK $13 billion 200 million.

In the first quarter, XTEP recorded a double-digit increase in its same store sales, including retail sales growth over 20% under online and offline channels. The group said growth was mainly affected by promotional activities during the lunar new year, and the turnover period of retail inventory was about 4 months. In August 1st, XTEP completed the acquisition of K-Swiss and other 3 international brand leisure sports apparel business. (depth of domestic sports giant three "secret warfare")

Ninth place: Nine Hing Holdings (1836.HK)

The stock price has risen 33% since the beginning of this year, and its market value is about HK $10 billion.

The nine quarter's unaudited consolidated income in the first quarter was about $312 million 600 thousand, an increase of about 6.1% over the same period. Manufacturing business revenue of 307 million US dollars, an increase of 6.9% over the same period, sales grew 2.4% to 12 million 700 thousand pairs. Brand promotion business revenue of $2 million 900 thousand, down 44.2% from a year ago, and same store sales plunged 28.6% to 500 thousand dollars. The Group expects that the volume of shipments of fashion footwear products will continue to grow steadily, and the demand for casual and fashionable footwear products will continue to grow steadily.

Tenth place: Hong Kong stock (600400.SH)

The stock price has fallen by 4% since the beginning of this year, and its market value is about 8 billion 900 million yuan.

Red bean men's clothing sales increased 9.14% to 761 million yuan in the first quarter of 2019, and net profit increased 6.6% year-on-year. The group said that men's business is strong in foundation and accounts for nearly 90% of revenue in the main business, and will focus on two or three line cities in the future. As of the end of 3 2019, there will be 1340 outlets and franchised stores.

Eleventh place: 603587.SH

The stock price has fallen by 4% since the beginning of this year, and its market value is about 8 billion 500 million yuan.

At the end of the first quarter of March, the domestic fashion group's fashion sales rose 13.5% to 583 million yuan and the gross profit margin was 73.84%. During the period, the sales of core brand Dazzle increased 12.83% to 335 million yuan, Diamond Dazzle sales rose 14.77% to 48 million 600 thousand yuan, d'zzit sales rose 15.09% to 193 million yuan, and Razzle sales were almost 4 million 590 thousand yuan compared with the same period last year. By the end of 2018, there were 1062 stores in the Department of fashion. (VIP number broke 100 thousand, women's clothing DAZZLE parent company's first half net profit rose 23%)

Twelfth place: Nakakoku Toshiro (01234.HK)

The stock price has risen 10% since the beginning of this year, and its market value is about HK $8 billion 300 million.

The total volume of orders for China's 2019 winter orders increased 10% to 13% year-on-year, and orders grew slower than expected. The main reason is that the average unit price of products in the winter has dropped slightly compared with last year due to the decline in raw material costs, as well as the escalation of Sino US trade war in May. The retail sales growth has slowed down and the confidence of distributors has been affected. The order volume of the winter order society recorded a healthy growth of 15% to 20%.

Thirteenth place: 2503.SZ

The stock price has fallen by 1% since the beginning of this year, and its market value is about 7 billion 100 million yuan.

Search in the first quarter revenue fell 38.73% to 3 billion 192 million yuan, net profit fell 32.36% to 100 million yuan. Up to the end of the reporting period, the net assets of the shareholders belonging to the listed companies were 5 billion 371 million yuan, an increase of 1.58% over the same period last year, and the net cash flow generated by operating activities was 10 million 430 thousand yuan.

Fourteenth place: 603877.SH

The stock price has fallen by 23% since the beginning of this year, and its market value is about 6 billion 700 million yuan.

In the first quarter of March, Taiping bird clothing sales fell 4.46% to 1 billion 660 million yuan, and net profit dropped 34.9% to 86 million 590 thousand yuan. During the period, the group's online performance declined, online revenue dropped 0.26% to 455 million 400 thousand yuan, and offline revenue fell 5.9% to 1 billion 187 million 100 thousand yuan. For the decline in performance, Taiping bird said it was related to its closed shop strategy. During the period, the group closed 86 stores and the total number of stores was 4508. (deep Taiping's Pacific age)

Fifteenth place: 3306.HK

The stock price has risen 29% since the beginning of this year, and its market value is about HK $6 billion 900 million.

In the first half of December 31, 2018, sales of domestic clothing group Jiangnan cloth sales rose 22.6% to 2 billion 30 million yuan, up to 2 billion clubs for the first time, and net profit rose 22.1% to 380 million yuan. The group said in its earnings report that the increase in revenue was mainly due to the expansion of the group's retail network and e-commerce business, as well as the launch of the new brand. At present, the group has 1994 independent retail stores and 161 overseas outlets in 17 countries. Fans scale and loyalty lead the industry! Jiangnan Buyi stepped into the 2 billion club in the first half of the financial year.

Sixteenth place: winner's fashion (03709.HK)

The stock price has risen 1.4% since the beginning of this year, and its market value is about HK $6 billion 600 million.

Ke Eli Till bought all the shares of Keen Reach in March this year at HK $2 billion 390 million, including the change of the company name, that is, "Ke Eli Till Holdings Limited" changed to "winner fashion Holdings Limited". Keen Reach holds Shenzhen's Nals Fashion Co., Ltd. through its leading and domestic Affiliated Companies. The latter owns 3 private brands, including Nals, naikou and erling. The net profit for women aged 30 to 45 is 56% to 162 million yuan last year.

Seventeenth place: 002269.SH

The stock price has fallen by 5% since the beginning of this year, and its market value is about 5 billion 500 million yuan.

Metersbonwe expects net loss in the first half of the year to be 100 million to 150 million, down 388% to 382% from the previous year, mainly due to the new product listing postponed in the spring and summer 2019, which failed to meet the market demand in time, resulting in a decline in business revenue exceeding the expected impact. However, American Apparel emphasizes that at present, the company has attached great importance to the delivery management of goods, and the relevant issues have been properly resolved to ensure the smooth progress of the company's listing of goods in the autumn and winter.

Eighteenth place: 603839.SH

The stock price has risen 17% since this year, and its market value is about 4 billion 800 million yuan.

In the first half of this year, the business income of an Zheng fashion was 752 million yuan, an increase of 20.33% over the same period last year, and its net profit rose 25.56% to 163 million yuan. By the end of the reporting period, the total number of 5 major brand entity stores was 952, with a total of 35 stores in the first half of this year. The group set up two children's subsidiary companies in May.

Nineteenth place: 603808.SH

The stock price has fallen by 10% since the beginning of this year, and its market value is about 4 billion 700 million yuan.

In the first quarter of 2019, the company's revenue increased 8.32% to 623 million yuan, and its net profit rose 11% to 89 million 163 thousand and 200 yuan. It has maintained double-digit growth for ten consecutive quarters. As of the end of March, the French fashion brand IRO, which was purchased by the company, opened 15 stores in China and its business revenue rose 270% to 16 million 808 thousand and 100 yuan over the same period. Behind the French fashion brand IRO, the buyer emerges from Shenzhen's 370 million IRO.

Twentieth place: seven wolves (002029.SZ)

The stock price has fallen by 2.3% since the beginning of this year, and its market value is about 4 billion 500 million yuan.

The first quarter revenue rose by 3.13% to 948 million yuan, gross profit margin was 36.7%, net profit rose 9.45% to 91 million 646 thousand yuan. Seven wolves said that in 2019, the company will continue to optimize the layout of its stores, upgrade the channel structure, promote the upgrading of store efficiency, and vigorously develop the business of e-commerce, and launch a multi brand strategy in the light of the macro environment, industry trends and the actual situation.

Twenty-first place: Mu Shang International (01817.HK)

The stock price has risen 23% since the beginning of this year, and its market value is about HK $5 billion 100 million.

In the prospectus published by the HKEx, the annual sales volume of mousse group in 2016 and 2017 was 3 billion 17 million and HK $3 billion 510 million respectively, and the income in fiscal 2018 increased 7.8% to 3 billion 787 million yuan over the same period, of which GXG brand accounted for 66.1% of total revenue, up 6.2% to 2 billion 500 million yuan compared with the same period last year. Why does this domestic menswear brand conquer LVMH and Alibaba at the same time?

Twenty-second place: Giordano International (0709.HK)

The stock price has fallen by 29% since the beginning of this year, and its market value is about HK $4 billion.

In the first half of June 30th, Giordano's international sales plunged 11.12% to 2 billion 542 million yuan, and net profit plunged 36.61% to 161 million yuan. During the period, the group's same store sales and same store gross profit decreased by 8.6% and 8.9% respectively. Last year, Giordano said that the mainland will have about 40 to 50 new outlets, mainly in three or four tier cities.

Twenty-third place: 002612.SZ

The stock price has fallen by 7% since the beginning of this year, and its market value is about 3 billion 200 million yuan.

The first quarter revenue increased 11.78% to 721 million 800 thousand yuan, while net profit plunged 12.54% to 52 million 770 thousand yuan. As a women's clothing R & D and production enterprise, Langer has its brands such as Langer, Moz, Rhine, Marie, JIGOTT, liaalancy, FABIANA FILIPPI, DeWL, Agabang and so on.

Twenty-fourth place: Pathfinder (300005.SZ)

The stock price has risen 10% since this year, and its market value is about 3 billion 100 million yuan.

Pathfinder expects net profit of 79 million 600 thousand yuan to 84 million 500 thousand yuan in the first half, up 230% to 250% over the same period last year. During the reporting period, the company stepped up its brand building promotion, quantified the indicators of the sales terminals, and promptly planned the sale of the goods sold over the quarter. The main business income of outdoor products was expected to increase slightly compared with the same period last year.

Twenty-fifth place: Saturday (002291.SZ)

The stock price has risen 5% since this year, and its market value is about 3 billion 100 million yuan.

Domestic women's clothing business income in the first quarter of was 427 million yuan, an increase of 18.29% over the same period last year, and net profit rose 11.15% to 21 million 380 thousand yuan. On Saturday, July, women's shoes started to announce their strategic cooperation announcement. The Group signed a strategic cooperation framework agreement with Sinai group. The two sides intend to carry out deep integration in brand, channel and customer resources.

Twenty-sixth: urban beauty (02298.HK)

The stock price has fallen by 49% since the beginning of this year, and its market value is about HK $3 billion 100 million.

Urban beauty expects net profit in the first half of 2019 to exceed 80% over the same period, mainly due to the weakening of the retail environment. Gross margin will also decline due to the rising cost of raw materials. To improve this situation and resume performance as soon as possible, city beauty plans to appoint a new CEO in the apparel industry within a few months to increase product research and development, launch more new quality products in the market, and launch more new advertising and promotional activities around the new spokesperson Guan Xiaotong. (China Version is also in a performance dilemma and will change to CEO in the next few months).

Twenty-seventh place: 603555.SH

The stock price has fallen by 25% since the beginning of this year, and its market value is about 2 billion 700 million yuan.

In the first quarter of 2019, your business income plummeted 37.4% to 520 million yuan, and net profit dropped 83.66% to 13 million 900 thousand yuan. In 2014, Shanghai listed on the stock exchange of Shanghai. Its market value once exceeded 40 billion yuan, becoming the only domestic sports brand after the Anta.

Twenty-eighth place: Ruyi group (002193.SZ)

The stock price has fallen by 1.4% since the beginning of this year, and its market value is about 2 billion 200 million yuan.

Ruyi Group expects net profit of about 43 million 341 thousand and 800 yuan to 54 million 899 thousand and 600 yuan in the first half of this year, an increase of 50% to 90% over the same period last year. During the reporting period, the company implemented the policy of "high-end positioning and quality strategy", adhering to the strategy of big customers, optimizing the layout of the business, adjusting the product structure, improving the business status and profitability. To create the first luxury stock in China. Shandong is willing to buy some clothing brands around 4 billion.

Twenty-ninth place: 002875.SZ

The stock price has risen 20% since this year, and its market value is about 2 billion 200 million yuan.

In the first half of this year, business income rose 15.22% to 655 million yuan, and net profit increased 5.91% to 58 million 674 thousand and 900 yuan. During the reporting period, he continued to push forward the transformation of offline business channels, increased the strength of offline stores, and maintained a relatively high growth rate of online business, resulting in higher operating income. In addition, the company increased the intensity of inventory clearance and reduced sales discounts, resulting in a decline in gross margins.

Thirtieth place: La Natsu Bell (6116.HK)

The stock price has fallen by 52% since the beginning of this year, and its market value is about HK $2 billion 400 million.

After the first loss in 2018, La Natsu Bell expected a huge loss of 500 million in the first half of this year. At the same time, the company indicated in its semi annual performance forecast that it would take the initiative to adopt a shrinkage adjustment strategy and focus on high value business. As at the end of June 2019, the number of outlets under the domestic line decreased by more than 2400 compared with the end of 2018. In the first half of this year, the number of stores in 2018 was over 13.

Thirty-first place: Vigna S (603518.SH)

The stock price has fallen by 24% since the beginning of this year, and its market value is about 1 billion 900 million yuan.

Vigna S completed the registration of industrial and commercial changes in June this year, and obtained the business license issued by the Nanjing Municipal Administration of market supervision. The company's name was officially changed to "Jin Hong fashion group Limited by Share Ltd". The company's securities referred to as "jinnunsi" changed to "Jin Hong group", and the securities code "603518" remained unchanged. In the first quarter of this year, the group's sales fell 8.71% to 688 million yuan compared with the same period last year, and net profit dropped 79.59% to 13 million 290 thousand yuan.

Thirty-second place: 603196.SH

The stock price has fallen by 30% since the beginning of this year, and its market value is about 1 billion 800 million yuan.

In the first quarter of this year, the number of day sales increased by 5.46% to 291 million yuan, while net profit dropped 72% to 4 million 665 thousand and 100 yuan. The main reason for the sharp decline in net profit is that the group has increased investment in channels, R & D and new brand development. Last year, there were 117 new stores and two new brands.

Thirty-third place: 1388.HK

The stock price has fallen by 19% since the beginning of this year, and its market value is about HK $700 million.

The company's net profit in the six months ended June 30, 2019 will be reduced compared with the same period last year. It is reported that the main reason for the decline of the group's net profit is the continued weakness of the retail business and the uncertainty of the global macroeconomic environment.

Thirty-fourth place: Daphne (0210.HK)

The stock price has risen 15% since the beginning of this year, and its market value is about HK $470 million.

Daphne international recently announced its 2018 results, with a turnover of about HK $4 billion 127 million, down 20.8% from a year ago. Shareholders accounted for a loss of HK $994 million, an increase of 35.4% over the same period last year. The traditional women's shoes giant, whose market value has been huge, has dropped from 17 billion to 500 million at its peak. At present, the company is facing a sharp decline in store performance, such as closing shop tide. (why hasn't Daphne turned over yet?)

Thirty-fifth place: Lies Dan (00738.HK)

The stock price has risen 18% since the beginning of this year, and its market value is about HK $400 million.

In the three months ended May 31st, the retail sales of domestic footwear group Lies Dan fell by 25.2% compared to the same period last year, while the same store sales recorded a 6.6% decline, of which electricity supplier sales fell 16.1% year on year. As of the end of the reporting period, the group had 486 stores in mainland China, Hongkong, China and Macao, China, representing a 178 decrease over the same period last year.

Thirty-sixth place: Mu Shi international (00130.HK)

The stock price has fallen by 29% since the beginning of this year, and its market value is about HK $130 million.

In the fiscal year ended March, volume fell by 13.6% to 251 million yuan, and net loss amounted to 19 million 717 thousand yuan, and net profit of 2 million 7 thousand yuan in the same period last year. As of press release, the international stock price of the curtain fell to HK $0.46 and its market value was about HK $130 million.