In The First Three Quarters, Sales Of Shoes And Clothing And Other Retail Sectors Achieved Small Growth.

In the past three quarter sales data, the domestic market demand for clothing.

However, shoes and clothing brands are not easy to live online.

At present, the apparel retail industry in China is howling, and the whole industry is in deep trouble. But the latest statistics show that retail sales of clothing are still rising year by year.

In the first three quarters of 2016,

The retail sales of needle and textile commodities were 1 trillion and 2 billion 50 million yuan, up 7.2% over the same period last year.

Among them, clothing retail sales value was 705 billion 560 million yuan, an increase of 6.9% over the same period.

The following is the statistics of the clothing value of retail sales in 1-9 months of 2016.

Often "a series of several styles sell for the first quarter", coupled with the common problems of Chinese manufacturing enterprises "do not pay attention to."

"All sorts of reasons make domestic

It is difficult to harvest loyal customers, and it is very difficult for people to stay in shops.

National brands such as Smith Barney and Baleno are facing a closed shop stop loss. The market analysis report of apparel retail industry released by the prospective industry research institute points out that the lack of overall innovation capability of the industry is the core problem hidden in the tide of the great environment. Because of insufficient innovation, the homogenization of products is extremely serious, and the upgrading of foreign brands can not catch up with foreign brands.

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In the past few years, Italy's luxury brand SaLVatore Ferragamo, like other luxury brands, is also facing complex environmental performance in the Chinese market and has begun to slide into a downturn.

CEO Michele Norsa believes that the growth of luxury goods industry will continue to slow down. It is not clear where the bottom is, and the growth of sales revenue is also hard to predict.

SaLVatore Ferragamo has more than doubled its share price since its listing five years ago, but its share price has fallen by nearly 10% this year.

In May, SaLVatore Ferragamo's first quarter report showed a 5% rise in core profits, higher than expected, but revenues fell 2% to 321 million euros.

According to Reuters, Michele Norsa, the outgoing CEO, points out that SaLVatore Ferragamo will focus on expanding profits this year to cope with the overall low growth of the luxury goods industry.

Michele Norsa has been in charge of the group for ten years, and successfully led the SaLVatore Ferragamo to the stock market in 2011. At the end of this year, he will leave the company. The handbag manufacturer Furla CEO Eraldo Poletto will take over his position.

Some analysts said that as China's economic growth slowed down, the sharp decline in oil prices, exchange rate fluctuations and terrorist threats caused a slowdown in the growth of tourist flows, but also restricted the high-end luxury handbags, shoes and other accessories sales growth.