Clothing Exports Are Threatened By Europe And America.

The "Domino" effect triggered by the financial crisis has deeply affected the retail industry in Europe and the United States.

The industry has reminded that many garment enterprises in Quanzhou are mainly exported to the European and American markets. The current "collapse tide" in the retail trade in Europe and the United States should attract enough attention from enterprises.

The "collapse tide" is frequently seen in Europe and America. The boss of a foreign trade company in Quanzhou told reporters that Christmas and new year's day were the traditional holiday shopping season in Europe and the United States. But influenced by the global financial crisis, the retail industry in Western Europe and the United States and other countries suffered a miserable ending in the shopping season in 2008.

This directly led to a "collapse tide" in the local retail industry.

"Before Christmas, some old clothes chain stores in Britain, France, the United States and other countries collapsed."

The boss said.

According to the introduction, AdamsChildrenswear, a British clothing giant for children, has applied for a trusteeship last week, which is a form of bankruptcy protection.

The company is a well-known clothing retailer with 75 years of history. Its headquarters is in central England. It has 260 stores in the UK and more than 100 overseas stores in other European countries and the Middle East.

A few days ago, another 150 men's chain store named "TheOfficersClub" in Britain was also split, of which 118 branches were bought by a local company and the other 32 branches were closed.

According to a British authoritative bankruptcy professional institution, there will be at least 15 retail businesses in the country declaring bankruptcy before mid this month.

Reporters also learned that Morgan, a French fashion retailer, filed a bankruptcy petition to the local court the day before Christmas in 2008.

The retailer has more than 750 employees.

The collapse of European retail industry is also taking place in the US.

After Christmas, there are 149 branches in the United States, and the Mervyns department store chain, which sells clothing and other products, has been shut down.

In addition, AnnTaylor, a clothing retailer specializing in high professional women's clothing, and shuttock lock, a sportswear and footwear retailer, are closing stores.

In the third quarter of 2008, the number of Customs stores in the United States accounted for the highest number of retail outlets in the country, up to 26.4%, followed by jewelry stores (18.1%).

There were as many as 14.8 stores in the US closed in 2008, and it is expected that 7.3 stores will be closed in the first half of next year.

The owner of the above foreign trade company said that the main export market of clothing was mainly in Europe and America.

"This situation is very embarrassing for us now.

When there is no order, the company has no money to earn; when there is an order, we must worry about whether we can receive the payment.

He said, "the consumption of clothing market in Europe and the United States has dropped greatly, which has led to the collapse of local clothing retailers.

This may lead to domestic exporters unable to receive payment for their supply.

The problems in the retail sector are likely to cause rapid stagnation in the capital flow of the entire industry chain.

"This situation makes domestic exporters in a very passive position.

Now we cannot predict which foreign client will go bankrupt and when it will go bankrupt.

So, when the customer orders us, it is not, no connection or no!

Recently, I often hesitate when facing customer orders.

I always feel danger everywhere. "

The boss said.

Zhou Shiwei, director of the Quanzhou Office of the Fujian foreign trade and economic and trade SME Service Center, said that in the face of the "closing tide" of clothing chains in the European and American markets, Quanzhou clothing export enterprises should keep their old customers as far as possible when they are cautious in taking orders.

"After all, old customers have done business with enterprises.

Enterprises at least have a better understanding of their credibility, strength and so on, and are easy to detect some signs before their bankruptcy.

Enterprises are more likely to avoid risks.

In addition, keeping the old customers as far as possible can also ensure that the enterprises need to keep orders for normal operation.

Zhou Shiwei said.

Besides, in the face of the rapidly changing market in Europe and America, enterprises can let customers pay as much deposit as possible, thereby reducing risks.

Yang Jing: editor in charge