Textile Factories Are Forced To Cut Salaries And Leave The Holiday To Tide Over Difficulties.

The global textile network Xiaobian interviewed a foreign trade enterprise. The person in charge of the enterprise said that a cooperative factory had already given the staff a holiday, and the basic salary was 2000 yuan. "The market is not good. It is difficult to do this year. We still have 2 cabinets in our own production, although there are many enquiry proofs on hand, but we need to confirm the situation once more. He said that the cancellation of fabric orders due to the epidemic is a force majeure. Enterprises should not lose confidence and plan liquidity to prepare for future recovery.

Another general manager of foreign trade enterprises who export garments and fabrics to Europe, South America and other regions said, "after the resumption of work in February 17th, we rushed to postpone the production of orders. Now there is a serious epidemic abroad, especially in Europe, where orders have been all suspended and canceled, and staff salaries, bank loans and housing rents have brought enormous pressure to enterprises. On the one hand, we look forward to the end of the epidemic. On the other hand, we are planning to arrange workshop workers to take turns to make use of this very special period to adjust themselves.

Overloading of clothing and domestic market

The February epidemic has made spring sales "empty", coupled with the overcapacity in recent years, a large number of domestic clothing brand entities store overstock situation is serious, many brands rush to ship, the boss takes the lead in the circle of friends to sell at below cost price. In order to survive, some brands have begun to lay off staff. To the upstream fabric enterprises, the situation is also miserable. The owner of a company providing fabric for the domestic brand clothing revealed that the amount it had to pay in February had not yet been dragged until now. "There has been no long-term entry, and the factory has to pay for the operation and payment of labor. If the financial condition is not good, it may be difficult to maintain during the epidemic."

Factory situation is not optimistic, according to the director of a dyeing factory, their factory's current warehouse volume is less than 1/3 of the beginning of the work, a panic has spread in the middle and upper reaches of the factory. At present, less than 50% of the factory's dyeing vat starts, and all workers have entered the state of wheel break. This situation has never been seen in their dyeing factory for 20 years.

A company owner with 400 looms said: "at present, the start-up rate of the factory is 6, and we dare not open more machines. The main reason is that there are too many stocks. We have been in stock for about 2 months. Now the price of cloth has been falling, too much production can not be sold, the orders for foreign trade have basically been cancelled, and the volume of domestic sales is not large. Qingming has a plan to take a holiday, and see how other factories do it. I heard that a factory is ready for a week.

It can be predicted that this year, whether domestic sales or foreign trade has been seriously hit, the textile enterprises' orders decline, and then with the deepening of the epidemic and the off-season, textile enterprises will face severe challenges, preserve their strength, and work hard to survive.