Women\'s shorts

Tag : nylon twill
Makers are cutting down on the validity periods of export quotesand adopting euros or the yen in lieu of US dollars.
Suppliers of women's city shorts in mainland China and Hong Kongare implementing measures aimed to prevent foreign exchange lossesresulting from a stronger yuan.
Since the currency was allowed to appreciate in July 2005, the yuanhas increased almost 19 percent against the US dollar. The dailyfluctuation in the exchange rate often translates to a 2 or 3percent reduction in profits by the time the garments are exportedto buyers.
To prevent further losses, many companies have decided to reducethe validity of their export quotes. From as long as one year,makers are issuing prices that are now good for just three months.Some have even cut the effectivity of quotes to just 10 to 15 days.
The shorter validity period applies generally to new clients only.Even long-term buyers understand the situation, however, and areopen to the arrangement.
There are also a number of companies that do not set a fixed timeframe for their export prices. They typically adjust quotes oncethe yuan gains 3 percentage points.
In addition, a number of companies are quoting export prices incurrencies other than the US dollar. This applies mainly to clientsbased outside the US, including the EU and Japan. For these buyers,suppliers are finalizing orders in euros, pounds or the yen.
Between the two options, however, reducing validity periods forexport quotes is more commonly implemented. Buyers are more willingto accept the shorter effectivity of prices rather than to pay in adifferent currency.
Regardless of which measure is adopted, most makers have raisedexport quotes in the past year and may adjust them further in themonths ahead. This comes not only as a result of the stronger yuanbut also because of higher costs and the reduced export tax rebate.
The US economic slowdown is affecting exports at some suppliers aswell. Among the mainland makers in this report, Hangzhou Ouqi Co.Ltd exports mostly to the US. Orders have decreased 25 percent as aresult of slow retail sales in the country. The company isexploring export markets in Europe on the off chance that it couldrecoup losses from reduced US sales.
Hangzhou Ouqi is also looking for factories in inland provincessuch as Anhui where it can subcontract some production to cut downon costs.
The company's city shorts are currently priced at about $6 perpair. Tailored models come mostly in pure cotton yarn-dyed fabricin a range of specifications, including 21x21s/90x60.
Designs with slim-fit legs are often made of 98 percent 32x32s or40x40s cotton with 2 percent 40d spandex in 185x80 or 180x88 satin.They may also adopt 98 percent 20x16s cotton with 2 percent 70dspandex in 128x58 twill, 98:2 cotton-spandex corduroy or two-waystretch nylon with 30 percent cotton and 5 percent spandex.
Most styles have five belt loops andpockets, a 26cm front rise, anda 37 to 38cm back rise.
Pinghu Haomai Industry Ltd is likewise exploring opportunities in the European market. Cityshorts are typically tailored designs in 55:45 linen-cotton or63:32:5 polyester-cotton-spandex. Priced from $6 to $15, modelsusually come with matching fabric or PU leather belts .