纺织品和服装行业研究：3月服装零售稳健，关注一系报预期较好标的

Investment Rating - The report suggests a positive outlook for the apparel sector, indicating that it is in a recovery phase with potential investment opportunities [1][10]. Core Insights - March retail performance in the apparel sector showed resilience, with a year-on-year growth of 3.6%, reflecting a gradual recovery in consumer spending driven by government initiatives [1][10]. - The online sales of apparel and accessories grew by 2.6% year-on-year in March, with notable performances from brands like FILA and Bosideng, which saw significant increases in sales [2][12]. - The report highlights the stability in raw material prices, with 328-grade cotton priced at 14,902 RMB per ton, indicating a stable supply chain environment [3][14]. Summary by Sections Industry Data Tracking - The apparel retail sector experienced a year-on-year growth of 5.9% in March, with a notable increase in consumer confidence due to government subsidies [1][10]. - The performance of various segments within the apparel industry shows a positive trend, particularly in sports and outdoor apparel, which maintained good growth rates [2][12]. Investment Recommendations - Recommended brands include Hai Lan Home, Anta Sports, and Wellbeing Medical, which are expected to benefit from market trends and consumer preferences [4][26]. - The report suggests that leading textile manufacturers like Zhejiang Natural and Shenzhou International are well-positioned to navigate external uncertainties and gain market share [4][26]. Market Review and Company Announcements - The textile and apparel sector saw a 1.57% increase in the last week, ranking sixth among 28 industry sectors [5][21]. - Key company announcements include Baolong Oriental reporting a revenue increase of 14.86% year-on-year, while Xinao shares noted a 9.07% revenue growth [30][31].