Payless Outgoing Liabilities 4 Billion 400 Million Yuan, China Shoe Enterprises Go From Here?

In foreign trade, risk accounts or bad debts are increasing. Many companies take the initiative to accept credit orders in order to sign orders.

However, once there are problems, there will be two ends of money and goods. Enterprises should always guard against the potential risks of credit orders.

"A friend of a client who has worked for two years has a large number of orders every year, and every payment is paid on time.

Once, after a big order, it suddenly disappeared, and the remaining 360 thousand yuan was completely wasted.

Later, I realized that the client was already heavily indebted to the local government.

He said.

For reception

For the shoe companies concerned, the most urgent thing is how to recover the arrears. Pan Chuanyong said frankly that such problems are often encountered by suppliers, which are difficult to solve.

Because even if we go abroad to collect debts, we will face the fact that the cost is high and the time limit is long.

More than one Payless family facing bankruptcy crisis, China

Where is the future? As the biggest exporter of China's footwear industry, the US Payless ShoeSource bankruptcy has a far-reaching impact on some Chinese enterprises. However, there is a more serious fact that more than Payless are facing bankruptcy crisis.

Last year, Pacific Sunwear (PacSun) and A ropostale ropostale in California filed for bankruptcy protection to solve their debt problems.

Although both will eventually get rid of the crisis and continue their operation, sporting goods stores such as The Sports Authority, Sport Chalet and City Sports are the victims of the bankruptcy.

In March 1st, BCBG Maz Azria group, an American fashion footwear, garment and accessories manufacturer, also filed bankruptcy applications.

Pan Chuanyong told Hugo net that although the global economy is constantly recovering, Chinese shoe enterprises still face a series of problems, such as exchange rate fluctuations, high labor costs, market saturation, price war and so on.

According to the data released by the General Administration of customs, in 2016 1-12, the national footwear industry achieved 472 of the total export volume.

1 billion 600 million US dollars, an increase of -11 over the same period last year.

80%.

According to reports, the three major export markets of the US, EU and ASEAN, which occupy half of the overseas market, have shown a sharp decline.

The industry has warned that in the current severe foreign trade situation, Chinese enterprises need to be vigilant and conform to the trend of development.

At present, many Chinese foreign trade enterprises have pformed cross-border electricity providers, instead of simply supplying overseas overseas suppliers, instead of selecting suppliers for cross-border electricity suppliers in China.

This is not just for China.

The opportunity to shift from quantity to quality has also greatly reduced trade risks.

Now there is a good opportunity. On the 8-9 th of March 2017, the cross border electricity supplier selection conference will be held in Shenzhen. Over 5000 of the professional sellers will find good products at the scene, and have the opportunity to join the giant enterprises such as Tesco, a tree and so on, to provide better opportunities for China to manufacture.

For more information, please pay attention to the world clothing shoes and hats net report.