珠宝首饰是使用贵金属材料、天然玉石珠宝以及人工玉石珠宝加工而成的，有一定价值并以装饰为主要目的的首饰和工艺品。我国是珠宝首饰生产和消费大国。 

The global online clothing rental market is anticipated to expand at a CAGR of 10.76% during the 2018-2023 period, and will reach a value of USD 1.96 Bn by 2023, from USD 1.18 Bn in 2018  The online clothing rental market comprises parties and wedding wear, formal wear, ethnic wear, and casual wear. Service providers enable customers to rent different types of clothes for a predefined period The apparel are rented through online channels by both men and women, who are mostly in the age group of 18-40 years

Indonesia is among the top 10 textile producing nations in the world. The country is also the twelfth-largest textile and apparel exporter, with major exporting destinations, including the United States, European Union, and the Middle East. The United States still maintained its position as top market destination for Indonesian textiles. With around 33% of the country’s textile shipments. This was followed by the Middle East (23%) and the European Union (13%).

7月护肤类阿里系GMV达93.58亿元，同增43.73%；本月阿里系GMV前十中，国产品牌有七个，在数量上占主导，传统、新锐国产品牌持续登榜。 

本周大盘调整上行，全周沪深 300 指数上涨 2.12%，创业板指数上涨 4.00%，纺织服装行业全周上涨 0.84%，表现弱于沪深 300 和创业板指数，其中纺织制造板块和品牌服饰板块分别上涨 0.60%和 1.08%。个股方面，板块中中小市值个股表现相对更活跃，我们覆盖的安正时尚、珀莱雅、上海家化和富安娜等取得了正收益。

优势白酒公司龙头估值进入新常态，我们判断茅台一批价中秋旺季仍能维持2000 元水平，同时也给其他高端白酒更多的价格空间和需求外漏，建议加仓高端白酒。青啤、华润中报超预期，产品结构升级显著改善公司的盈利能力。我们认为产品结构升级将主导行业发展，平抑销量对行业的季节性影响，行业主导逻辑将由营收端转向利润端。

至今 A 股上市家数共 83 家，其中纺织制造子板块有 30 家，服装家纺子版块有 53 家。中国纺织服装企业比例近年来有所提升，但总体较低， 2018 年约 0.2%。国内纺服类上市公司与美国、日本情况基本一致，公司数量较少、市值规模较低。