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Profiles of Two Chinese Clothing Companies: Jiangsu Sunshine Group and Youngor Group
published in Issue 115, January-February 2005
Jiangsu Sunshine Group, established in 1986, has grown rapidly to become a leading international wool textile company producing yarn, fabric and finished garments. It employs 6,500 people in 34 factories located in Jiangsu Province. The company has the capacity to make 22 mn metres a year of high quality wool fabrics, 15,000 tons a year of spun tops, 1.2 mn suits and separates, and 100 mn metres a year of denim fabric. Exports are an important part of its business. Half of all production goes to 20 countries around the world. Much investment has also been made in research: the company has developed China’s only post-doctorate wool industry research station.
Publicly-listed Youngor Group is a textile and garment manufacturing company which has diversified into other businesses, including real estate. In 2003 clothing accounted for half of its Rmb10.1 bn (US$1.22 bn) turnover, and production amounted to 10 mn shirts, 2 mn suits and 30 mn items of other clothing. Its leading product, the Youngor shirt, has been the best selling shirt in China since 1994. Exports account for just under half of all sales. However, the company has started to export its own Youngor brand, which is already sold in India, Israel, Japan and the USA. Half of the company’s fabric production is used for in-house clothing production while the other half is exported.
Six times a year, Textile Outlook International provides up to 200 pages of expert comment and analysis. A subscription provides an overview of the global fibre, textile and apparel industries. It is essential reading for senior executives in the fibre, textile and apparel industries – and for anyone who is not involved in the industry, but needs to quickly gain an understanding of the key issues.
Reports in Textile Outlook International include:
country profiles – providing a comprehensive guide to the textile and clothing industries in a range of countries and regions. The reports include an economic and political profile together with a comprehensive overview of the main issues, plus an outlook for the future.
company profiles – giving you the opportunity to learn from strategies employed by others. Companies profiled recently include retailers, manufacturers, innovators and sourcing companies involved in textiles and apparel as well as smaller companies which illustrate the opportunities for firms which are interested in selected sourcing locations.
trends in world textile and apparel trade and production – taking into account current issues facing the industry – such as global fibre prices; competition from China and other low cost countries; the elimination of quotas and imposition of selective new ones; relocation of production operations; the impact of economic factors affecting trade; international trade agreements; trade promotion agreements (TPAs); and much more.
trends in EU and US imports of textiles and clothing – providing comprehensive statistical data and analysis of the top ten supplying countries to the EU and US markets. These reports are updated each year and contain value and volume data as well as average prices and analyses of trends for up to 15 product categories.
innovations, technological developments, business development opportunities, individual sector analysis and political implications which affect players in the global fibre, textile and apparel industries. Some of the topics which have been covered in recent reports include: new innovations in the textile and clothing industry, such as environmentally friendly textiles, plant based fibres, and developments in textile colorants; innovations in textile machinery; and overviews of the European swimwear, hosiery and lingerie markets.
So whether you are involved in fibres, textiles or clothing – in manufacturing, spinning, weaving, knitting, sewing, import/export, retailing – or if you are in education or consultancy or investment or finance, a subscription to Textile Outlook International will tell you what you need to know about the key trends in the industry.
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