行业研究报告题录
制造业--纺织服装、服饰业(2020年第4期)
(报告加工时间:2020-04-06 -- 2020-04-26)

行业资讯

境外分析报告

  • 全球压缩袜市场报告(2019-2026年)
    The global compression stockings market is analyzed on the basis of its prospect and future growth rate. The report highlights numerous factors that influence the growth of the global compression stockings market. These include market forecast, drivers, restraints, opportunities, and role of different key players operating in the market. . The study estimates the revenue generated from the sales of various compression stockings, which include knee high and thigh high. Moreover, it focuses on the demography segment, which includes men and women. Furthermore, it includes the revenue generated from the sales of compression stockings across North America, Europe, Asia-Pacific, and LAMEA.
  • 全球服装护理市场报告(2020-2025年)
    In various developed regions across the world, the economic growth acceleration, coupled with fixed investments is expected to favorably influence the demand for the garment care industry. This can be attributed to the fact that the garment care vendors are increasing their output by using technologically advanced and sophisticated appliances as well as reducing the operating costs of the same. Most of the households in the developed economies (the US and Europe) are likely to witness higher spending in the garment care sector owing to the increased disposable incomes. The higher sales of these appliances are expected to be driven by the ongoing mechanization of various application segments in different developing regions of the world. Factors such as an increasing number of single homes, coupled with the capability of making discretionary purchases for consumer- based appliances in developed regions of Europe and North America, are expected to favorably impact the global garment steamer market.
  • 全球防护服市场报告(2019-2026年)
    All fabrics are protective to some extent but protective clothing are not only concerned to protect just from daily needs but also from situations where hazards or risks are present and that have the potential to be life threatening or pose considerable potential for injury or damage to the person working in and around the hazard. The report exclusively focuses on current market trends and future growth opportunities in the protective clothing market. The report also focuses on various material, application and various end-user industries of protective clothing, which includes oil & gas, construction & manufacturing, pharmaceuticals, law enforcement & military, firefighting and others. Moreover, the report analyzes the current market trends of protective clothing in different geographies and suggests the future growth opportunities by analyzing government regulations & policies, thereby further increasing the consumer acceptance of protective clothing. The report covers profiles of the key industry participants in the protective clothing such as E. I. du Pont de Nemours and Company, Lakeland Industries, Inc., Ballyclare Limited, 3M Company, Koninklijke Ten Cate NV, Teijin Limited, Workrite Uniform Company, Inc., Cetriko S.L., W.L. Gore & Associates, Inc., and Glen Raven Inc.

投资分析报告

  • 纺织服装行业:2020Q1业绩前瞻
    零售:国内疫情控制良好,消费逐步恢复。2020 年1-2 月社会消费品零售总额累计同比降20.5%,其中服装鞋帽、针、纺织品类同比降30.9%,服装类同比降33.2%,我们认为主要由于新冠肺炎疫情对线下零售造成冲击,而服装企业亦积极通过建立微信小程序店铺、布局电商直播转战加码线上销售。
  • 纺织服装行业:服装销售持续改善,有望带动板块估值恢复-淘数据3月刊
    三月份国内疫情得到有效控制,生产生活秩序逐步恢复正常,服装线下、线上销售都有恢复性的增长。3 月社会消费品零售总额同比下降15.8%,降幅比1-2月份收窄4.7pct,其中服装鞋帽针纺织品类零售额同比下降34.8%,下滑幅度较单二月份有所收窄。阿里平台数据亦显示三月份服装销售明显较二月份好转,电商销售占比高和积极向新零售转型的企业表现较好。预计二季度服装行业将呈现逐月度改善趋势,板块的估值也有望实现一定程度恢复。
  • 纺织服装行业:深度剖析运动鞋服行业库存现状
    本次行业专题我们主要回答当下运动鞋服库存积压问题是否会重现 2012年的行业大规模清库存的情况。我们认为本次外界冲击下造成的库存问题不会达到 2012 年的严重程度,后续处理库存并恢复所用的时间会相对较短。
  • 纺织服装行业:全年营收符合预期,并表及双主品牌助力增长
    女装占据服装市场半壁江山,中高端女装市场分散,近年来女装市场延续个位数增长。赢家时尚是国内中高端女装市场中具有较强竞争力的公司,双主品牌珂莱蒂尔、娜尔思的销售规模均跻身行业前十。疫情影响下,赢家时尚有望凭借直营模式执行力取得较行业更好的表现,我们预计公司2020 年有望在KEEN REACH 全年并表推动下实现约33%的营收增长,以及约27%的净利润增长。目前公司PE(2020E)约为10 倍,建议积极关注。
  • 纺服及时尚消费品行业:疫情压力逐步缓解,化妆品板块率先复苏
    3 月国内疫情逐步缓解,前期物流等制约因素也逐步解除,各龙头企业线上增速环比普遍改善,其中化妆品板块表现最为亮眼。在本次新冠肺炎疫情发展的过程中,我们也看到多数品牌公司反应迅速,通过新零售模式(微信营销、直播等)减轻疫情带来的影响。考虑到疫情结束后大众对健康和美好生活的更大关注,部分可选消费品的复苏反弹值得期待,我们重点看好运动服饰、化妆品行业和黄金珠宝行业,继续推荐分布在优质赛道并在电商领域占比高、增速表现优异的个股:安踏体育(02020,买入)、李宁(02331,买入)、 波司登(03998,买入)、珀莱雅(603605,买入),建议关注丸美股份(603983,未评级)和周大生(002867,增持)等。

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