【本周专题】近期部分服饰制造公司公布2025 年5 月营收表现。2025 年5 月丰泰企业/裕元集团（制造业务）/儒鸿收入同比分别-23.4%/+0.5%/-8.6%（2025年1~5 月累计同比分别-4.3%/+5.6%/+14.3%），较4 月均有降速。据近期短期数据来看，我们判断2025Q2 以来儒鸿及华利集团出货同比健康增长/裕元集团同比稳健增长/丰泰企业短期波动。当前国际贸易环境及关税...
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