Sample page only. Fashion Accessories. Essential sourcing intelligence. China supplier profiles. Product gallery. Industry trends

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1 Fashion Accessories April 2011 US$395 Essential sourcing intelligence China supplier profiles Detailed profiles of 34 companies with verified manufacturing and export credentials Product gallery Specifications and full-color images of 95 top-selling products Industry trends Coverage of current issues, plus insight into products, pricing, R&D and supply centers

2 Executive Summary Supplier capability in China FASHION ACCESSORIES China s fashion accessories industry is positive that overseas sales will continue to increase in 2011 on the back of robust growth in the previous year. Customs statistics show that in the six months from August 2010, outbound shipments of apparel complements exceeded $8.1 billion, rising 32 percent YoY. North America, the EU and the Asia- Pacific region each accounted for about one-fourth of revenue. To cement the sector s recovery from the economic downturn, makers are launching R&D initiatives that will boost product appeal. This will also allow suppliers to augment prices amid surging manufacturing costs. Most design enhancements concern material safety and sustainability. These are supported by government mandates to monitor toxic substances in export models and for the reform of dyeing, tanning and plating plants. Scope & methodology This report covers the major products of China s fashion accessories industry, namely belts and buckles, eyewear, gloves, hats, caps, hair ornaments, hosiery, scarves, shawls, and bow and neckties. Each category has its own section discussing design trends specific to the line. It also details the features and prices of low-end, midrange and high-end models. The manufacturing and QC processes are included as well. Further, the chapter elaborates on the industry composition, highlighting key characteristics of the different types of companies. The Industry Overview explains suppliers strategies for bolstering sales even with higher product prices. Zhejiang province and Shanghai are the main sourcing centers. Reflecting this structure, 50 percent of featured companies come from Zhejiang, while Key findings 1. Suppliers will raise product prices and shorten quote validity to 15 days at most since textile, plastic and metal rates are projected to keep climbing. The majority, however, will limit adjustments to 10 percent to maintain buyer interest. 2. Makers that incorporate small metal ornaments in their models are complying with local and international standards for nickel, lead and cadmium levels in fashion jewelry. Although obligations do not pertain specifically to the featured line, they are meeting such requirements in anticipation of broader coverage. Emerging markets are also predicted to follow suit. 3. Businesses are adding value by adopting environment-friendly textiles such as naturally colored one-fifth are based in Shanghai. To produce the report, Global Sources interviewed a wide range of suppliers. Rather than focus simply on high-profile makers, we compiled a representative sample of large, midsize and emerging manufacturers. All profiled companies are export-oriented professional suppliers that are verified by Global Sources. Each supplier is confirmed to be authentic with a legally registered business. All companies are visited three or more times by Global Sources to ensure they are export-ready and have real offices and products. The listed contact person has been verified to represent the registered company. In each case, companies were required to answer specific questions designed to verify their manufacturing and export credentials. All profiled suppliers participated in a organic cotton and bamboo rayon in the latest releases. The use of vegetable dyes is part of this strategy as well. 4. Trend research in overseas markets, partnerships with tertiary educational institutions and equipment upgrades are yielding models that boast improved craftsmanship. 5. Orders from Japan for high-end styles are expected to taper off in the short term as a result of the earthquake and tsunami last March. Despite this, overall growth will not be affected. In fact, most companies interviewed for this report forecast sales to rise at least 10 percent in the next 12 months. 6. North America and the EU will remain the key target markets for the majority of suppliers. survey designed to provide insight into price trends, sales outlook and target markets in the next six months. All survey questions are single choice. Results were calculated based on the actual number of valid responses to each question. Global Sources supplier rankings Suppliers are ranked using a 6-star ranking system. Companies with a higher star ranking provide more business information and verification reports on their Global Sources online homepages. Suppliers rated 5 or 6 stars have a Credit Check report from First Advantage or Sino-Trust and a Supplier Capability Assessment report provided by Bureau Veritas online. The rankings are correct at the time of publication and may be subject to change. 3

3 CONTENTS INDUSTRY OVERVIEW...7 Main production centers Supplier survey Belts & accessories...9 Gloves Hosiery Neckwear Headwear Eyewear SUPPLIER PROFILES PRODUCT GALLERY Copyright 2011 Trade Media Limited. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission of Trade Media Holdings Limited and Trade Media Limited is prohibited. Published by Publishers Representatives Limited (on behalf of Trade Media Limited) 4th Floor, Century Yard, Cricket Square, Elgin Avenue, P.O. Box SMB, George Town, Grand Cayman, Cayman Islands c/o 22/F Vita Tower, 29 Wong Chuk Hang Road, Aberdeen, Hong Kong ISBN Disclaimer: Any recommendation contained in this report may not be suitable for all investors or businesses. Moreover, although the information contained in this report is obtained from sources believed to be reasonably reliable, the accuracy or completeness of such information cannot be guaranteed. The author and the publisher of this report (and the publisher s affiliates, agents, sales representatives and service contractors) do not make any representation or warranty whatsoever (whether express or implied) in relation to any of the contents of this report (including any information, opinion, recommendation or conclusion contained in this report) (collectively, Contents ), whether as to the accuracy, completeness, quality, fitness, suitability or reliability of such Contents (or any portion thereof ) or otherwise, and shall not be liable under any circumstances whatsoever for any error, omission, defect or deficiency in, or for any use of or reliance on, such Contents (or any portion thereof ). All product images are provided by the companies interviewed and are for reference purposes only. Those product images featuring products with trademarks, brand names or logos are not intended for sale. Products that are not the specific topics of editorial articles are shown for illustrative and/or demonstrative purposes only. We, our affiliates, and our affiliates respective directors, officers, employees, representatives, agents or contractors, do not accept and will not have any responsibility or liability for product images (or any part thereof ) which infringe on any intellectual property or other rights of a third party. 4 China Sourcing Reports

4 Supplier Profiles Chanch Accessories International Co. Ltd INQUIRE NOW Locally owned Chanch offers head- and neckwear, and belts and accessories. It exported $6.4 million worth of products last year, accounting for 80 percent of total revenue. Most releases go to the EU. North America and the Middle East absorb about 30 percent of shipments. Operating in Jinhua, Zhejiang province, the supplier boasts a Company facts Sales & output: Fashion accessories Annual sales $6.4mn Share of total sales 80% Annual export sales $6.4mn Total monthly capacity 1,000,000 pieces Average monthly output 700,000 pieces Capacity utilized 70% Average monthly exports 700,000 pieces Export ratio 100% Contact details 260-strong workforce. Its factory utilizes 70 percent of capacity and turns out 700,000 pieces monthly. The company was established in It invests $100,000 in R&D annually. Chanch will be targeting North America within the next 12 months. Overseas sales of fashion accessories are estimated to go up 10 percent at most. Year established 1999 Business type Manufacturer Company ownership Mainland China-owned Head office location Jinhua (Zhejiang) Factory location(s) Jinhua (Zhejiang) No. of full-time employees 260 Annual sales (all products) $8.0mn Annual R&D spending $100,000 Business contact LIU Levin Phone (86-579) Fax (86-579) chanch168@163.com chanch@globalsources.com URL chanch-accessories.co Address 201 Unit 1, C-62 Qingyanliu, Yiwu, Jinhua, Zhejiang, China Model: CBT Description: Braided belt; cotton; zinc alloy buckle wrapped in PU leather; silver pin; 100x6cm; 80g; custom sizes, colors accepted See more popular export models in the Product Gallery. Exports by product Neckwear 30% Headwear 10% Exports by market Middle East 10% Belts & accessories 60% North America 20% EU 70% 31

5 Product Gallery PRODUCT GALLERY Belts & accessories Chanch (profile page 31) Model: CBT Description: Braided belt; cotton; zinc alloy buckle wrapped in PU leather; silver pin; 100x6cm; 80g; custom sizes, colors accepted EverFashion (profile page 33) Model: JBT MOQ: 500 pieces Description: Elastic cinch belt; PVC; rhinestone-trimmed zinc alloy buckle; 23, 27 or 31in long, 2in wide; in various colors; also in sets Chanch (profile page 31) Model: CBT Description: Braided belt; PU leather; zinc alloy buckle wrapped in PU leather; cotton lace trimming; 100x4cm; 60g; custom sizes, colors accepted Guangzhou Xinchaoyue (profile page 35) Model: NEK MOQ: 100 pieces Description: Studded belt; hair-on cowhide; zinc alloy buckle; allover zebra-skin pattern; concho trimming with imported rhinestones, AB crystals; 100 to 120x1.5in; 500g Chanch (profile page 31) Model: CBT Description: Belt; PU leather with crocodileskin pattern; enameled, rhinestone-trimmed zinc alloy buckle in flower design; 100x4cm; 100g; custom sizes, colors accepted Guangzhou Xinchaoyue (profile page 35) Model: NEK1113 MOQ: 150 pieces Description: Studded belt; PU leather; cowhide lining; allover grade A rhinestone mesh; star-shaped concho trimming with rhinestones, crystals; 100 to 120x1.5in; 500g; custom colors 67

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