China Apparel Retail Analysis (2007-2008)

Table of Contents

1. Analyst View

2. Research Overview

3. Industry Overview

• 3.1 Global Apparel & Textile Industry
• 3.2 China Apparel & Textile Industry
  • 3.2.1 Foreign vs Domestic Players
    • 3.2.1.1 Domestic Players
      • 3.2.1.1.1 Domestic Brands - Dominate Mass Segment
    • 3.2.1.2 Foreign Players
      • 3.2.1.2.1 Foreign Brands - Dominate High-End Market
      • 3.2.1.2.2 Entry of Mid-tier Foreign Players
  • 3.2.2 Distribution Channels
    • 3.2.2.1 Franchise
    • 3.2.2.2 Department Stores
    • 3.2.2.3 Specialty Stores
    • 3.2.2.4 Commodity Exchange Markets
    • 3.2.2.5 Hypermarkets
    • 3.2.2.6 Discount Outlets
    • 3.2.2.7 Online Shopping

4. Industry Performance

• 4.1 Apparel & Textile Production
  • 4.1.1 Yarn
  • 4.1.2 Garment
  • 4.1.3 Chemical Fiber
  • 4.1.4 Clothes
  • 4.1.5 Non-woven Textiles
  • 4.1.6 Cotton
• 4.2 Market Segmentation
  • 4.2.1 Casual Wear
  • 4.2.2 Men' s Wear
  • 4.2.3 Ladies Wear
  • 4.2.4 Children' s Wear
  • 4.2.5 Woolen Wear & Thermal Clothing
  • 4.2.6 Knitted Undergarments
  • 4.2.7 Trousers & Leather Wear
• 4.3 Apparel & Textile Clusters
  • 4.3.1 Characteristics
    • 4.3.1.1 Strong Linkages with the Outside World
    • 4.3.1.2 Extended Production Chain
    • 4.3.1.3 Presence of Wholesale/Commodity Exchange Market in/near the Clusters
    • 4.3.1.4 Concerted Marketing Efforts among Enterprises
• 4.4 Consumer Behavior
  • 4.4.1 Shopping Format Choice
  • 4.4.2 Preferred Shopping Partner
  • 4.4.3 Friends & Peers for Clothing Ideas
  • 4.4.4 Style, Quality, Color & Price
  • 4.4.5 Apparel Ownership
  • 4.4.6 Style Awareness & Reaction to Change
  • 4.4.7 Shopping for Clothing
  • 4.4.8 Income/Buying Power
• 4.5 Textile Industry Profit
• 4.6 Exports

5. Industry Analysis

• 5.1 Expansion Strategies for Companies
  • 5.1.1 Multi-Brand & Brand Extension
  • 5.1.2 Chain Operation - Franchise Stores vs Self-managed Stores
• 5.2 Drivers
  • 5.2.1 Increasing Disposable Income
  • 5.2.2 Increasing Level of Investment
  • 5.2.3 Increasing Chinese Consumers' Spending on Clothing
• 5.3 Opportunities
  • 5.3.1 Abolishment of MFA (Multi Fiber Arrangement)
  • 5.3.2 Booming Cloth Market
  • 5.3.3 Domestic Branded Products
  • 5.3.4 Global Textile Machinery Industry
  • 5.3.5 Growing Young Population
  • 5.3.6 Growing Brand-conscious Population
• 5.4 Challenges
  • 5.4.1 General Safeguard Taxes
  • 5.4.2 Higher Global Tariffs
  • 5.4.3 Reduction in Export Tax Rebate
  • 5.4.4 Increasing Inflation Pressure
  • 5.4.5 Lack of Global Brands
  • 5.4.6 Tariff Increase Proposed by US Lawmakers
  • 5.4.7 Insufficiency of Professional Managers
  • 5.4.8 Small & Fragmented Suppliers
  • 5.4.9 Quality of Chinese Suppliers Varies
  • 5.4.10 Regional Diversity & Uneven Economic Development
• 5.5 Future Outlook - 2007
  • 5.5.1 Trends
    • 5.5.1.1 Consumption Upgrade
    • 5.5.1.2 Rising Demand for Casual Wear
    • 5.5.1.3 Increasing Appetite for Fast Fashion
    • 5.5.1.4 Functional Wear grasps More Attention
    • 5.5.1.5 Technology & Fabric Innovation
    • 5.5.1.6 Comfort over Fashion
  • 5.5.2 Exports - 2007

6. Key Players

• 6.1 Domestic Players
  • 6.1.1 Youngor Group
  • 6.1.2 ROMON Group Co., Ltd.
  • 6.1.3 Giordano International Limited
  • 6.1.4 BAOXINIAO Group
  • 6.1.5 Weiqiao Textile Company Limited
• 6.2 Foreign Players
  • 6.2.1 DKNY
  • 6.2.2 Armani
  • 6.2.3 Calvin Klein, Inc
  • 6.2.4 LVMH

List of Figures:

• Figure 3-1: Global - Forecast for Apparel & Textile Industry (in Billion US$), 2007-2011
• Figure 3-2: Global - Forecast for Apparel & Textile Trade (in Billion US$), 2007-2010
• Figure 3-3: Global - Apparel & Textile Industry by Region (%), 2006
• Figure 3-4: China - Share in Global Apparel & Textile Industry (%), 2006
• Figure 3-5: China - Share in Global Apparel & Textile Trade (%), 2006
• Figure 3-6: China - Apparel & Textile Industry (in Trillion Yuan), 2005 & 2006
• Figure 3-7: China - Number of Franchise Outlets Owned by Major Players, 2006
• Figure 4-1: China - Apparel Production (in Billion Units), Jan-Feb 2006 & Jan-Feb 2007
• Figure 4-2: China - Yarn Production (in Million Metric Tons), 2001-2007F
• Figure 4-3: China - Yarn Production (in Million Metric Tons), Jan-Mar 2006 & Jan-Mar 2007
• Figure 4-4: China - Garment Production (in Billion Pieces), Jan-Mar 2006 & Jan-Mar 2007
• Figure 4-5: China - Chemical Fiber Production (in Million Tons), Jan-Mar 2006 & Jan-Mar 2007
• Figure 4-6: China - Clothes Production (in Billion Meter), Jan-Mar 2006 & Jan-Mar 2007
• Figure 4-7: China - Non-woven Textiles Production (in Million Tons), Jan-Mar 2006 & Jan-Mar 2007
• Figure 4-8: China - Cotton Planted Area & Production (2001-2007E)
• Figure 4-9: China - Cotton Fiber Production (in Billion Meter), 2005 & 2006
• Figure 4-10: China - Cotton Fabric Production (in Billion Square Meter), Mar 2006 & Mar 2007
• Figure 4-11: China - Share of Casual Wear in Apparel Sales (%), 2003-2005
• Figure 4-12: China - Casual Wear Market Segmentation by Product (%), 2005
• Figure 4-13: China - Share of Casual Wear in Apparel Sales by Product (%), 2003-2005
• Figure 4-14: China - Share of Men' s Wear in Apparel Sales (%), 2003-2005
• Figure 4-15: China - Men' s Wear Market Segmentation by Product (%), 2005*
• Figure 4-16: China - Share of Men' s Wear in Apparel Sales by Product (%), 2003-2005
• Figure 4-17: China - Share of Ladies Wear in Apparel Sales (%), 2003-2005
• Figure 4-18: China - Share of Children' s Wear in Apparel Sales (%), 2003-2005
• Figure 4-19: China - Share of Woolen Wear & Thermal Clothing in Apparel Sales (%), 2003-2005
• Figure 4-20: China - Share of Knitted Undergarments in Apparel Sales (%), 2003-2005
• Figure 4-21: China - Share of Trousers & Leather Wear in Apparel Sales (%), 2003-2005
• Figure 4-22: China - Apparel Shopping Choice by Formats (%), 2005
• Figure 4-23: China - Consumer Shopping Choice by Partner (%), 2005
• Figure 4-24: China - Source of Information for Apparel Products (%), 2005
• Figure 4-25: China & US - Consumer Apparel Ownership (in Numbers), 2005
• Figure 4-26: China - Consumer Acceptance Level to Changing Fashion Statement (%), 2005
• Figure 4-27: China - Textile Industry Profit (in Billion US$), Jan-Feb 2006 & Jan-Feb 2007
• Figure 4-28: China - Apparel & Textile Export (in Billion US$), 2005 & 2006
• Figure 4-29: China - Share of Apparel & Textile Export (%), 2006
• Figure 4-30: China - Share of Cotton Export in Total Apparel & Textile Export (%), 2006
• Figure 4-31: China - Apparel & Textile Export (in Billion US$), Jan-Mar 2006 & Jan-Mar 2007
• Figure 4-32: China - Apparel & Textile Export to Top Countries (in Billion US$), 2005 & 2006
• Figure 4-33: China - Apparel & Textile Export to US (in Billion US$), Jan 2006 to Oct 2006
• Figure 4-34: China - Apparel & Textile Export to US by Product (in Billion US$), Jan-Oct 2005 & Jan-Oct 2006
• Figure 5-1: China - Per Head Disposable Income (in US$), 2001-2006E
• Figure 5-2: China - Per Capita Income in Urban & Rural Areas (in US$), 2005 & 2006
• Figure 5-3: China - Fixed Assets Investment in Textile Industry (in Billion US$), Jan-Feb 2006 & Jan-Feb 2007
• Figure 5-4: China - Urban & Rural Consumer Spending on Clothing (in Yuan), 2000-2005
• Figure 5-5: China - Share of Urban & Rural Population (%), 2006
• Figure 5-6: China - Forecast for Clothes Sale (in Billion US$), 2007-2011
• Figure 5-7: China - Import & Export of Textile Machinery (in Billion US$), Jan-Aug 2005 & Jan-Aug 2006
• Figure 5-8: China - Forecast for Share of Young Population in Total Population (%), 2007-2011
• Figure 5-9: China - Brand-conscious Population (in Million), 2004-2010F
• Figure 5-10: China - Apparel & Textile Trade Surplus (in Billion US$), 2006
• Figure 5-11: China - Apparel & Textile Industry (in Trillion Yuan), 2006 & 2007F
• Figure 5-12: China - Apparel & Textile Export (in Billion US$), 2006 & 2007F

List of Tables:

• Table 3-1: China - Major Store Locations & Number of Stores of Selected Apparel Enterprises (Sep 2006)
• Table 3-2: China - Number of Hypermarkets by Player (2004 & 2005)
• Table 4-1: China - Yarn Production by Major Province (in Million Tons), Jan-Mar 2007
• Table 4-2: China - Garment Production by Major Province (in Billion Pieces) Jan-Mar 2007
• Table 4-3: China - Chemical Fiber Production by Major Province (in Million Tons), Jan-Mar 2007
• Table 4-4: China - Clothes Production by Major Province (in Billion Meter), Jan-Mar 2007
• Table 4-5: China - Non-woven Textiles Production by Major Province (in Million Tons), Jan-Mar 2007
• Table 4-6: China - Players in Different Segments of Undergarments Sector
• Table 4-7: China - Apparel & Textile Commodity Market by Province & Turnover (May 2006)
• Table 4-8: China - Major Textile Clusters Products by Province, 2006
• Table 6-1: Giordano International Limited - Key Financials (in Million HK$), 2006
• Table 6-2: Weiqiao Textile Company Limited - Key Financials (in Million RMB), Dec 2006
• Table 6-3: Armani - Key Financials (in Million Euro), 2005 & 2006
• Table 6-4: Calvin Klein, Inc. - Key Financials (in Million US$), 2006
• Table 6-5: LVMH Group - Key Financials (in Million Euro), 2006