{"id":3339,"date":"2016-11-03T01:16:07","date_gmt":"2016-11-03T00:16:07","guid":{"rendered":"http:\/\/persoclo.fr\/?p=3339"},"modified":"2020-03-06T23:43:25","modified_gmt":"2020-03-06T22:43:25","slug":"les-valeurs-qui-tirent-leur-epingle-du-jeu-dans-un-marche-sous-pression","status":"publish","type":"post","link":"https:\/\/persoclo.fr\/en\/les-valeurs-qui-tirent-leur-epingle-du-jeu-dans-un-marche-sous-pression\/","title":{"rendered":"The values that have their own in a market under pressure"},"content":{"rendered":"

Climate hazards, economic downturn, declining prices, Asian competition weigh on the sector overall poorly valued. <\/span>Some players, however, unable to reach huge margins.<\/span>
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\"Textile <\/a><\/p>\n
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Textile: the values that derive their own in a market under pressure<\/span><\/span><\/p>\n<\/div>\n

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At first glance, the textile sector seems hardly attractive on the stock market. <\/span>Underlying trends are unfavorable.<\/span><\/span><\/p>\n

“The apparel industry is facing several years in Asian competition. <\/span>In addition, the market is already relatively mature, is marked by industrial overcapacity. <\/span>It is also closely linked to economic growth and is thus penalized by the structural decline in the share of household spending devoted to clothing, particularly in Europe. <\/span>But the prospects are more favorable in emerging markets, with the power of the middle classes rise, “says Florian Cariou, Midcap Partners analyst. <\/span>Today, a garment in two is made in China, and … 75% is consumed locally! Strong competition<\/span><\/p>\n

It is not always easy to compare of listed textile companies as their development model and even sometimes their occupations are different. <\/span>Besides the pure players, some had to diversify to continue to grow in the image of Damartex, which for several years, focusing on its product sales activities intended to house the equipment and <\/span>people with his division Home & Lifestyle. <\/span>Others, however, have not resisted the gloom, forced to put the key under the door or to delist.<\/span><\/p>\n

Faced with rising competition from other retail chains and weakened by disagreements between shareholders, the hard discounter Vet’Affaires has been placed in liquidation in June. <\/span>The title was definitively suspended and price manner can now be considered invalid. <\/span>The action should therefore be delisted. <\/span>For other companies hit by the economic downturn, in the image of Barbara Bui, the presence on the stock market does not seem to be justified, given the small share of floating and almost non-existent activity on the title.<\/span><\/p>\n<\/div>\n

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\"Textile\u00a0: <\/a><\/p>\n
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\"Textile\u00a0:<\/p>\n

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Cr\u00e9dits photo : Investir<\/p>\n<\/div>\n

For its part, the clothing group Orchestra and childcare articles, which was regularly pointed to weakness from its listed capital on the stock exchange, launched in September, a capital increase aimed at increasing <\/span>number of tradable securities valued on the wrong sector march\u00e9.Un<\/span><\/span><\/p>\n

Most specialize in cheap fashion are struggling. <\/span>Delisted in 2011, Cama\u00efeu has been sold by its principal shareholder, the fund Cinven. <\/span>debt-ridden, the multi-brand group Vivarte (La Halle, Caroll, Kookai …) is also facing serious challenges. <\/span>“The textile industry is in decline. <\/span>It is generally poorly valued on the stock market, but some industry players still manage to generate huge gross margins, “says Jean-Fran\u00e7ois Delcaire, manager at HMG Finance.<\/span><\/p>\n

Indeed, despite a difficult environment, few companies manage to hold their own game, because they operate on a niche market, such as industrial group Chargers, specializes in the interlining, plastic films for industrial and <\/span>technical textiles, or thanks to the relevance of their business model.<\/span><\/p>\n

World number of ready-to-wear, Inditex, Zara’s parent company, is a perfect example. <\/span>Champion of fast fashion, the Spanish heavyweight has built its success on its ability to react quickly to changes in fashion and the weather. <\/span>The key to its success is largely due to its highly integrated model that allows customers to make purchases on the web, without neglecting store traffic. <\/span>Inditex is also part of our favorites in the area, along with some average values as we go over.<\/span><\/p>\n

Report compiled by Kryst\u00e8le Tachdjian<\/span><\/p>\n

Link<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Climate hazards, economic downturn, declining prices, Asian competition weigh on the sector overall poorly valued. Some players, however, unable to reach huge margins. Textile: the values that derive their own […]<\/p>\n","protected":false},"author":91,"featured_media":3340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[465],"class_list":["post-3339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-persomag","tag-ethique"],"translation":{"provider":"WPGlobus","version":"3.0.2","language":"en","enabled_languages":["fr","en"],"languages":{"fr":{"title":true,"content":true,"excerpt":false},"en":{"title":true,"content":true,"excerpt":false}}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/persoclo.fr\/en\/wp-json\/wp\/v2\/posts\/3339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/persoclo.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/persoclo.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/persoclo.fr\/en\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/persoclo.fr\/en\/wp-json\/wp\/v2\/comments?post=3339"}],"version-history":[{"count":6,"href":"https:\/\/persoclo.fr\/en\/wp-json\/wp\/v2\/posts\/3339\/revisions"}],"predecessor-version":[{"id":19498,"href":"https:\/\/persoclo.fr\/en\/wp-json\/wp\/v2\/posts\/3339\/revisions\/19498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/persoclo.fr\/en\/wp-json\/wp\/v2\/media\/3340"}],"wp:attachment":[{"href":"https:\/\/persoclo.fr\/en\/wp-json\/wp\/v2\/media?parent=3339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/persoclo.fr\/en\/wp-json\/wp\/v2\/categories?post=3339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/persoclo.fr\/en\/wp-json\/wp\/v2\/tags?post=3339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}