Shiling leather exports dip spread - Leather, Shiling leather - leather industry

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"Financial tsunami, has already started from July, and then worse month after month and reversed in September." Shiling Leather City, "the raw material business operation more than ten years, general manager of a trading house, said Ms. Chung. If you do not offset the lost housing Lease Expenses, her trading in September of the book loss will reach 70,000 yuan, sales were reduced by 50% to 60%. "Leather city estimated that 70% to 80% of the stalls in September were at a loss."

The Sunshine Road Shiling Town Yang, opened a handbag on the future Market Very optimistic. Yang's products are sold to Korea 90%, 10% sold to Japan. After the financial tsunami, almost all of Yang's Korean partner to return the handbag also in their own half cut-off state. "No, forget to switch off."

Association: pillar of enterprise gross margins are still generally lower confidence Shiling leather and leather market, it really immobility? An Oxford cloth Ltd. Huangjing Li has a different idea of his company's sales in September fell 10% to 20%, but well prepared for the development of new products, new products, sales in July 100 million. Shiling Huadu District Chamber of Commerce Executive Vice President Xiao Jiaxing leather leather told reporters that at present the whole Shiling leather and leather industry chain have been involved in the financial tsunami. General decline in sales of 20%, gross margin down to 4% to 5%. However, he did not think Shiling industry in crisis. Chamber of Commerce has 180 enterprises, is the backbone of Shiling leather industry. None of these companies closed down now, entrepreneurs are still confident, even corporate CEOs, said: "My factory has 300 workers, I support him for one year, even if no orders have to hang on."

Response: a new business for Renminbi exchange rate by reducing the loss settlement In difficult circumstances, entrepreneurs take a variety of responses. The most common is to change the proportion within the export and transfer of overseas markets. Bag Co., Ltd., Guangzhou, vice president of the Philippine high-Xiong Jin-Hong told reporters that in 2007 products are mainly exported to the United States, Australia, Canada, Brazil and other countries, but overseas markets mainly in the United Kingdom, Brazil, Spain and Russia. The source of the financial tsunami, the United States has dropped out of the top four.

Relatively rare, it is required for payment according to overseas businessmen to the latest exchange rate of RMB against the U.S. dollar to settle. Xiong Hong, said beginning this year, they settled in time with all the requirements of overseas customers, according to the latest exchange rate of RMB against U.S. dollar terms, to avoid losses caused by the yuan appreciation. "The current products are actually 15% price increase."

Measures for the Philippine higher, Mr. Yang had been halted that, in the overseas market downturn, such a floating settlement is estimated to identify hard to get clients. Xiong red but that price is not the only reason customers choice, quality, service and so on determine the customers choice. He said that 2008 is the luggage industry reshuffle, the weak will be eliminated, the strong will be stronger. "I hope that by adjusting seize the opportunity, will certainly make it through the winter, the winter forecast luggage industry as short as six months, the length is 1 to 2 years, next year there will be turning point in the second half."

10 at the end of Guangzhou, Guangzhou, the largest leather leather market?? Shiling Leather City, "the Eighth China (Shiling) Leather Leather Day" huge banners hanging from the Main Office. When the tsunami swept across global financial hit, where more than 17,000 mainly export-oriented line of leather and leather enterprises and traders suffered a severe blow.

3 leather section after the company's feedback shows that: starting from September, the export market began to nosedive, leather and leather industry from raw materials to the general decline in sales of bags by 20%. Will there be a more serious situation? Guangzhou, private economy as the territory of one of the most vibrant, Shiling people, how will "save" themselves?

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