China Fabric Factory Fabric News Is the vaccine ineffective? France will lock down the city for another four weeks! The market outlook is unpredictable, and Boss Bu is wary of the risk of order cancellations

Is the vaccine ineffective? France will lock down the city for another four weeks! The market outlook is unpredictable, and Boss Bu is wary of the risk of order cancellations



Recently, domestic COVID-19 vaccination has been in full swing. As of March 30, the cumulative number of vaccinations has reached 114 million doses. People are becoming more and mo…

Recently, domestic COVID-19 vaccination has been in full swing. As of March 30, the cumulative number of vaccinations has reached 114 million doses. People are becoming more and more experienced in epidemic prevention and control, and the time to completely defeat the epidemic is also visible to the naked eye.

But compared with China, foreign countries are completely different, take France as an example.

On the evening of March 31, local time, the French President delivered a televised speech on the new crown epidemic and announced that the current “city closure” measures in 19 French provinces were effective but not enough. It will be expanded to cover all of France starting from May 2 and will last until May 2, a total of four weeks.

According to data from Johns Hopkins University, as of April 1, Beijing time, the number of confirmed cases of COVID-19 in France reached 4.705 million, with 95,798 deaths.

In terms of vaccination, only 11.7% of the French population has been vaccinated. It seems that it will take a long time for foreign countries to rely on the means of all vaccinations to finally control the epidemic.

At the same time, as the epidemic becomes more and more serious, countries such as Germany and Italy may also implement city closure measures in the future.

European and American countries, represented by France, have once again closed their cities, which will bring many unnecessary risks to textile companies.

In November last year, affected by the second lockdown in European countries, market demand shrank sharply. A large number of textile companies encountered the trouble of European customer chargebacks. I believe many Textile people still remember this very freshly.

The editor remembers interviewing a trader who made four-sided bombs at that time. He said that the popularity of the domestic market after the National Day made him misjudge the situation and take many orders. Later, due to the epidemic and the withdrawal of European customers, Many unsold cloths became inventory. In the end, he had always paid for goods before the New Year, and for the first time, he still owed money during the Chinese New Year.

The risk of foreign trade chargebacks has appeared again recently, and the reason is not just the epidemic.

According to news on the Internet, after H&M’s “suicide” boycott of Xinjiang cotton occurred some time ago, the brand canceled its domestic order of 7,000 tons of knitted fabrics, even if it was the cheapest Calculated at the price of 30,000 yuan/ton of knitted jersey, the value of the goods exceeds 200 million yuan. What makes textile people feel even more uncomfortable is that there is almost no deposit for orders from these large companies.

Everyone in the textile trade knows that the returned finished fabrics, unless they are really popular, can generally only be sold as processed fabrics. The losses are self-evident.

It can be said that whether it is due to the slower than expected vaccination speed or the boycott of some foreign brands by domestic consumers, there will be a certain risk of order cancellation, and Faced with this situation, textile companies must also adopt some necessary strategies to avoid these “pits”.

After the “BCI boycott of Xinjiang cotton” incident, the domestic sales of foreign brands will inevitably shrink. On the other hand, domestic demand for clothing still exists. , even growing every year, the lost share of foreign brands will naturally be filled by domestic brands. Therefore, some textile companies that focus on foreign trade are also exploring the domestic market. After all, after the epidemic, the domestic and international dual cycles will promote each other. It is a new pattern for the development of the textile industry.

When receiving overseas orders, you should also try your best to find low-risk methods and do not be overly superstitious about big brands. Once a crisis does arise, the other party will not be lenient when canceling the order. If you can collect a deposit, try to collect a deposit, which will increase the sunk cost of the other party canceling the order. The risk of accepting foreign trade orders now is no longer the same as it was in early March. </p

This article is from the Internet, does not represent 【www.factory-fabric.com】 position, reproduced please specify the source.https://www.factory-fabric.com/archives/7428

Author: clsrich

 
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