Chinese Clothing Is Cut Off By The Epidemic, And Russians Are Faced With The Dilemma Of No Clothes Or Clothes.

Today, with a high degree of globalization, the outbreak of a new crown pneumonia outbreak in China is also having a profound impact on the neighboring countries and the world's commodity markets. According to Russia's "viewpoint newspaper", Anna, general manager of Fashion Consulting Group, said in February 18th that's supply of clothing and footwear products to Russia was also broken off due to the closure of the production and transportation in China due to the outbreak of the epidemic, and the Russians would be faced with the dilemma of no clothes and wear.

Klehman pointed out that the original supply in 3-5 months has been partially unable to implement. Under such circumstances, some businesses can make up for the shortage of China's supply through the use of inventory or reconfiguration of suppliers. If the remedial measures are in place, consumers will not feel the impact of broken goods.

At present, almost all international brands in the Russian market (including H&M, Mango, United colors of Benetton, Inditex group, Next, GAP) and the supply of domestic brands (including Incanto, gas, steel, steel, clothing) are all related to the clothing production and interest rates in China.

"Replacing factories in a short time is unlikely and unnecessary, because the epidemic will not be endless, and quarantine measures are only temporary." Clayman J said.

The Russian fashion Advisory Group quoted the Russian federal tax bureau data that imports of Russian clothing commodities (including clothing, shoes and hats and leather goods) accounted for 41% of China's imports.

In 2019, the total imports of clothing from Russia were 292 billion 200 million rubles (32 billion 100 million yuan), 54 billion 800 million rubles from Bangladesh (7.7%), 54 billion 400 million rubles from Italy (7.7%), 49 billion 700 million rubles from Vietnam (7%), and 40 billion 700 million rubles from Turkey (5.8%).

Klehman points out that Russian clothing, shoes and hats and accessories can be supplied for 1.5 to 2 months at the moment, as well as some stock that has already been in season. In view of the increase in the cost of supply chain changes, there may be shortages and retail prices of some clothing commodities on the Russian market.