纺服美妆行业周报：1－8月家用纺织品出口同比增长4.5% 服装出口微降

Investment Rating - The industry investment rating is maintained at "Overweight" [3] Core Insights - From January to August, the export of household textiles increased by 4.5%, while clothing exports saw a slight decline [2][6] - The household textile sector has shown the strongest performance among all textile and apparel sub-sectors, with a growth rate 5.3 percentage points higher than the overall textile and apparel export growth [2][6] - The export of major sub-products such as bedding, carpets, and kitchen textiles has remained robust, with specific growth rates reported for each category [2][6][7] - The market share of Chinese household textiles in the US and EU has stabilized, with notable increases in imports from China [2][6] - Clothing exports experienced a minor decline of 0.8% year-on-year, with a continuing trend of increasing volume but decreasing prices [2][7] Summary by Sections 1. Export Performance - Household textile exports reached USD 22.21 billion, growing by 4.5% year-on-year, accounting for 11.2% of total textile and apparel exports [2][6] - Key products like bedding and kitchen textiles showed positive growth, while towel exports fell significantly by 14% [2][6] 2. Market Review - The textile and apparel sector index rose by 0.97%, ranking 20th among 31 sectors, while the beauty and personal care sector index increased by 0.62%, ranking 23rd [8][9] 3. Important News and Company Announcements - Fujian province led the nation in shoe and boot exports, totaling CNY 52.559 billion from January to August, reflecting a 1.23% year-on-year increase [13][14] - Jin Chun Co., Ltd. announced the completion of its share repurchase, acquiring 2,364,309 shares, representing 1.97% of its total share capital [15]