India's high cotton prices will reduce profit by 2.5% mill

India authoritative advisory body CrisilResearch the latest research report, raw material prices rose textile factory in India will profit in 2011/12 2.5%

reduction. Although most people believe that purchasing costs soaring cotton prices increased by 35%, but the mill is still capable of most of the increased

costs onto the downstream supply chain.
Report that a surge in imports of Chinese cotton and cotton export restrictions in India is to promote the global cotton prices, the two most important
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factors. Sridar said the head of the company, so far, strong demand for the textile mills have the ability to increase the procurement costs to the

downstream of cotton, so cotton mills during the year rose 65% profit. However, the next few months is unlikely to continue spinning mills to raise prices

significantly, because the downstream textile mill and garment factories have been difficult to raise retail prices, thus affecting the downstream textile

industry profits.
As the cotton export quota has been exhausted, the international cotton price is expected to weaken later this year, cotton prices in India have gradually

declining trend. In addition, weakening demand for stocks will increase in cotton prices dropped 20% or more will follow.
French "Textile News" recently reported that due to damage Japan suffered a major earthquake, resulting in the French fashion and luxury goods industry is

facing the affected risk. Several well-known French luxury goods group's stock exchange fell to varying degrees.

Reported that from 90 onwards, after the U.S., Japan is France's second-largest luxury goods market. 2010 French luxury goods industry (including all

personal equipment, perfume, cosmetics, wines and spirits) sales accounted for 14% of the Japanese market, about 1,800 million euros. It is estimated Comité

Colbert, the French luxury goods industry in 2010 the total sales accounted for 15% of the Japanese market to 17%. 2010 LVMH group's revenue 9% from Japan,

of which only the fashion and leather goods accounted for 16%, 20% of Louis Vuitton. Hermes in Japan is the world's largest sales market, 19% of its revenue

comes from Japan. Paris Spring Department Store, the Japanese market accounted for 14% of Group revenues, accounting for Richemont (Richemont) 12% of total

sales, accounting for the Italian group Tod's 6%. Reported that the Japanese market in the French boutique industry occupies an important position, even

under the influence of the financial crisis has declined, but the steady rise of the market in 2010. Richemont Group's 2010 sales in Japan increased 21%;

Hermes 2010, four new stores opened; Louis Vuitton stores in Japan, there are 57.

Reported that the impact of the earthquake in Japan is not only a threat to French luxury goods industry, but also the fashion industry. French fashion

company exports mainly to Europe, the United States and Japan. Japan is the eighth largest export customers in France, in 2010, the French apparel exports to

Japan grew 21%, amounting to 227 million euros. In the medium term, the Japanese earthquake has brought much of France's losses in these industries is still

difficult to estimate. (Commerce)