纺织服饰行业周报：双十一收官，国货运动品牌表现亮眼

Investment Rating - The industry is rated as "Increase" (Maintain) [7] Core Viewpoints - The retail sales of consumer goods in October reached 45,396 billion yuan, with a year-on-year growth of 4.8%, driven by the pre-sale of Double Eleven and an extended cycle, leading to a significant increase in discretionary consumption [5][17] - Domestic sports brands performed well during the Double Eleven sales event, with total e-commerce sales reaching 14,418 billion yuan, a year-on-year increase of 26.6%, and clothing sales accounting for 1,664 billion yuan, up 21.4% [5][18] - Textile and apparel exports showed a positive trend, with October exports amounting to 25.48 billion USD, a year-on-year increase of 11.9% [5][19] Summary by Sections 1. Core Viewpoints of the Week - Retail sales in October were 45,396 billion yuan, up 4.8% year-on-year, exceeding expectations [17] - The growth in discretionary consumption was notable, particularly in cosmetics and apparel, with cosmetics up 40.1% year-on-year [17][35] 2. Industry Dynamics 2.1. Market Performance - The Shanghai and Shenzhen 300 index fell by 3.29%, while the textile and apparel sector dropped by 3.38%, underperforming the index by 0.09 percentage points [22] 2.2. Individual Stock Performance - Among 113 companies in the A-share retail sector, 29 stocks rose, while 84 fell, with the top gainers including Coolte Intelligent and ST Bosen [28] 3. Industry Tracking 3.1. Industry Data Tracking - The textile and apparel export in October was 25.48 billion USD, with textile exports at 12.39 billion USD, up 16.1% year-on-year [46] 3.2. Industry News - La Chapelle was delisted from the Hong Kong Stock Exchange due to financial difficulties [53]