Overseas clothing brand sales have increased.

Frasers
 
In the six months to the end of October, Frasers Group's total revenue surged 12.7% year-on-year to £2.638 billion. Although the gross profit margin fell to 42%, pre-tax profit soared 53% to £285 million, and net profit jumped 52.8% to £219 million. By department, revenue from the UK sportswear business increased by 11.6% to £1.526 billion, while the Premium Lifestyle business, primarily focused on fashion, surged by 24.7% to £533 million.
 
H & M
 
H&M's fourth-quarter sales increased by 10% to SEK 62.5 billion, with no growth at constant exchange rates. Full-year sales increased by 12% to SEK 223.5 billion, with only 6% growth at constant exchange rates.
 
Inditex
 
In the nine months to October 31, sales at Zara's parent company Inditex surged 19% year-on-year to €23.1 billion. Thanks to the success of its high-end strategy, the gross profit margin further improved to 58.7%, and net profit rose by 24% to €3.1 billion. During the reporting period, the Inditex Group performed positively in all regions globally. With the autumn/winter collection proving popular with consumers worldwide, sales across the group's brands in stores and online between November 1 and December 8 continued to grow by 12%.
 
Lululemon
 
Lululemon's third-quarter sales surged 28% year-on-year to $1.9 billion, with comparable sales growth of 22%. This represents a 103% increase compared to the same period in 2019, with a three-year compound annual growth rate of 27%. The gross profit margin was 55.9%, and operating profit jumped 37% to $352 million. By region, revenue in the North American domestic market surged 26%, while revenue in the international market, which includes China, increased by 41%.

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The global apparel industry faced numerous challenges in 2023

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Significant decline in cotton garment exports from January to October 2022

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

On March 3, Wang Yongqing, Vice President of Xiamen CNOOC Group, visited Tongzhou Group for investigation and guidance. Wei Gangmin, Chairman of our company; Huang Hongyu, President; Li Tao, Vice President; and Zhang Zhiyan, Director of the General Office, met with and participated in a symposium.

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Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance
Tongzhou Cotton Market Brief, Week 1 of March 2025

Tongzhou Cotton Market Brief, Week 1 of March 2025

1) This week's National People's Congress and the Chinese People's Political Consultative Conference (NPC & CPPCC) in China boosted market expectations for steady growth. In February, the Purchasing Managers' Index (PMI) for manufacturing stood at 50.2%, up 1.1 percentage points from the previous month, indicating a significant improvement in the manufacturing sector.

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Tongzhou Cotton Market Brief, Week 1 of March 2025
In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's dyeing industry saw rapid export growth to ASEAN and RCEP member countries, exceeding the overall export growth rate. However, this growth was accompanied by a decline in prices. From January to December, China's exports of eight major dyeing products to ASEAN totaled 7.908 billion meters, a year-on-year increase of 12.14%, 4.61 percentage points higher than the overall export growth rate, accounting for 23.58% of total exports. The average export price was US\$1.19 per meter, a year-on-year decrease of 2.75%, 0.64 percentage points lower than the overall decline. Exports to RCEP member countries totaled 8.431 billion meters, a year-on-year increase of 11.35%, 3.82 percentage points higher than the overall export growth rate. The average export price was US\$1.17 per meter, a year-on-year decrease of 2.79%, 0.60 percentage points lower than the overall decline.

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In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.
President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

On February 28, Mr. Huang Hongyu, President of our company, was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference and, as a guest speaker at the "Xiangshan Roundtable," shared his views on the cotton market and trading opportunities.

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President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

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