It is difficult for China to have the next Uniqlo, but it may grow 10 Shenzhou International.

The first shot of the Industrial Internet resounded over the clothing and textile supply chain.

Since November 2018, the textile internet platform “Baibu” announced the C2 round of financing led by Tiger Global Fund.

At least one financing has been completed for “Zhibu Internet”, “One Hand Network”, “Pianpiao.com”, “Time Smart”, “Lingdi Technology”, “Second Technology”, “Fast Clothes Manufacturing” More than 100 million transactions. Towards the end of 2019, Baibu obtained a blessing of USD 300 million from DST Global and CICC Capital .

An industry revolution based on Internet technology is under the fast-forward key of the apparel and textile industry.

After a year of tracking and observation of star startups in this field, we try to answer the following questions for you:

  • Why does the clothing and textile supply chain become the darling of the industrial Internet?

  • What are the current mainstream models of clothing and textile internet companies?

  • Which stage is the clothing and textile internet enterprise?

  • Where is the focus of controversy on the Internet business model of apparel and textiles?

  • Are clothing and textile internet companies good investment opportunities?

    1. Why has the clothing and textile supply chain become the darling of the industrial Internet?

    According to incomplete statistics, from the completion of the C2 round of financing by Baibu to the time of publication, at least 10 financing events occurred in the trillion-scale apparel and textile industry, and there were many large-scale financing of over 100 million yuan.

    In the process of industrial Internet, several trillion-scale markets are naturally the first fortresses to be captured. The apparel and textile industry, which has a market size of over 2 trillion in 2019, is one of them.

    At the same time, the clothing and textile industry has the most urgent need for supply chain transformation and upgrading, and the basic conditions are also the most mature. The driving force for change mainly comes from the survival dilemma and new needs of downstream apparel companies, and the two existing problem-solving ideas for technology companies to transform this industry have their own bottlenecks.

    The industry urgently needs new solutions.

    1) Traditional sales are changing due to declining sales and huge inventory.

    The clothing industry has a long history of bitter inventory. According to a sample survey conducted by iResearch, the stock turnover days of A-share listed companies from 2016 to 2018 have averaged 205 days. More authoritative data show that from January to April 2018, it exceeded China’s supply-side industrial finished product inventory