“Italian luxury brand Fendi’s PalazzoFendi flagship store in Rome has officially reopened.” “Armani, Gucci, Prada, Italian high-end luxury brands have resumed work.” At the same time, the editor heard that the fabric market has also reported that Italian orders have been re-issued. information.
150,000 meters, 300,000 meters… Italian big orders are back!
“Recently, we received nearly 300,000 meters of Italian foreign trade orders in a week. When foreign trade was stagnant before, we almost stopped all foreign trade orders, and now we have received 300,000 meters of orders. orders, foreign trade seems to be slowly picking up.” said a textile boss in Shengze area. “We recently received an order of more than 100,000 meters of simulated silk from Italy. They seem to be mainly used for color replenishment, probably to prepare for the launch of the foreign trade market.” A textile boss who specializes in simulated silk said.
Italy is a world leader in the fields of art and fashion. Milan is the economic and industrial center of Italy and the fashion capital of the world. It is also closely connected with the domestic textile market. According to relevant data, Italian textile exports reached US$1,877.024 million in 2019. Although the data is not as good as that of several major export countries, Italy also plays a vital role in my country’s textile industry.
Due to the rampant spread of the epidemic abroad some time ago, the situation in Italy was more serious. As the origin of fashion trends, Italy The update of local trendy clothing directly affects all parts of the world, resulting in almost zero foreign trade orders. Now that there are developments in Italy, and some foreign trade companies have previously stated that they have begun to receive orders from Spain, Portugal, Russia, Japan, South Korea and other countries, this shows that the foreign trade situation is indeed developing in a good direction, but this does not mean that It’s something that lasts a long time.
The market always comes and goes, and restocking does not mean recovery!
Although there will be orders for replenishment, the replenishment does not completely represent the beginning of recovery in the foreign market. For example, the domestic Guangdong market was mainly dominated by finished products before. In mid-May, there was another wave of market orders (mainly replenishment). Three of the ten setting machines in a dyeing factory in Shengze were placing market orders from Guangdong. This amount of orders made everyone mistakenly think that the market had started. It improved, but it didn’t take long for this wave of enthusiasm to come to an abrupt end, and only some orders in the Guangdong market improved. Other domestic finished product markets, such as Jiangsu and Zhejiang, showed no obvious signs of improvement in market orders. Such an example proves that replenishment does not indicate that the market is beginning to show signs of recovery.
It is still a “mystery” when the foreign trade will get better
It is actually difficult to say that foreign trade will really get better. Recently, the problems of Sino-US trade have resurfaced. A man from Shengze area The textile boss said: “We do both domestic and foreign trade. Domestic trade improved slightly in May. I thought foreign trade would pick up soon, but Sino-US trade issues started again, which had a big impact on us. The market was not good this year. There were originally few foreign trade orders, and now they are like this. There are much fewer orders, which is simply making things worse.” The problem we are facing now is not only the reduction in orders caused by the epidemic, but also the impact of Sino-US trade issues.
Many textile bosses said that they don’t know when the market will get better this year. The market changes in 2020 are faster than turning the page of a book. The market that originally thought it would improve turned out to be nothing. Now that the traditional textile off-season is approaching, Not to mention when foreign trade will recover, domestic trade will also begin to decline.
The above situation shows that the superficial phenomenon does not represent the final result. The improvement of the foreign trade market depends not only on inquiries and replenishment orders, but also on the actual customer demand. Only sustained stability can It is the key to the improvement of the foreign trade market. </p
