Sales trends of international clothing brands

Adidas
Preliminary third-quarter results show that sales fell 6% year-on-year to €5.99 billion, while operating profit plummeted 27.5% to €409 million. Full-year revenue is expected to decline by a low single-digit percentage.
H&M
In the three months to the end of August, H&M's sales increased by 6% year-on-year to SEK 60.9 billion. The gross margin rose from 49% to 50.9%, operating profit soared by 426% to SEK 4.74 billion, and net profit jumped 65% to SEK 3.3 billion. In the first nine months, the group's sales increased by 8% year-on-year to SEK 173.4 billion, operating profit surged by 62% to SEK 10.2 billion, and net profit also increased by 61% to SEK 7.15 billion.
Puma
Third-quarter revenue increased by 6%, exceeding expectations due to strong demand for sportswear and the recovery of the Chinese market. Puma's third-quarter sales increased by 6% year-on-year to approximately €2.3 billion, while operating profit reached €236 million, exceeding analysts' expectations of €228 million. During this period, the brand's footwear business revenue surged by 11.3% to €1.215 billion, apparel business declined by 0.5% to €795 million, and equipment business grew by 4.2% to €300 million.
Fast Retailing
In the 12 months to the end of August, Fast Retailing's sales surged by 20.2% year-on-year to ¥2.76 trillion (approximately RMB 135.4 billion), setting a new record high. Operating profit soared by 28.2% to ¥381 billion (approximately RMB 18.6 billion), and net profit increased by 8.4% to ¥296.2 billion (approximately RMB 14.5 billion). During this period, Uniqlo Japan's revenue increased by 9.9% to ¥890.4 billion (approximately RMB 43.4 billion), while Uniqlo's international sales surged by 28.5% year-on-year to ¥1.44 trillion (approximately RMB 70.3 billion), accounting for over 50% for the first time. Revenue in the Chinese market increased by 15% to ¥620.2 billion (approximately RMB 30.4 billion).

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China's home textile exports increased month-on-month in September 2023

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In September 2023, both China's yarn imports and exports saw growth.

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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