The impact of environmental management systems on financial performance in fashion and textiles industries

With rising environmental concerns from consumers and stakeholder groups, environmental management has become an important responsibility for today's fashion and textiles manufacturers. The production of fashion and textiles related products often requires high levels of energy and water consumption, and emits large quantities of pollutants to the environment. Therefore, the adoption of environmental management systems (EMSs) is important and could have a significant impact on these firms' operational performance. This study presents empirical evidence on the performance impact of EMS adoption in the fashion and textiles related industries (FTIs). Although EMSs have emerged as a passport to business in the FTIs, their actual impacts on firms' financial performance have not been explored. We reveal that the adoption of ISO 14000, the most popular EMS, improves manufacturers' profitability in the FTIs over a three-year period as measured by return-on-assets (ROA). Based on our sample, we find that profitability improvement started during the implementation stage and continued at least one year after the firm obtained ISO 14000 certification. We also find that profitability improvement is mainly due to improvement in cost efficiency, measured by return-on-sales (ROS). Specifically, certified firms improved up to 2.9% in ROA and 3.3% in ROS over the three-year period since they implemented ISO 14000. We conclude that there is a positive impact of EMS adoption on firms' financial performance in the FTIs.     

山东省高密市家纺新材料产业集群情况及发展措施分析

纺织业作为山东省高密市的第一大产业,在本市的经济社会生活中占据重要位置.文章以结合山东省高密市家纺新材料产业集群现状,就如何发展家纺新材料产业集群提出了几点自己的看法.     

纺织品出口退税下调——中国纺织业发展的新契机

纺织品出口退税率的下调对连续遭受外贸壁垒、原材料价格上涨、人民币升值等多重困难的中国纺织业来说,无疑又是一场新的严峻考验。一些业内人士甚至宣称纺织业出口即将面临“零利润”的生存困境。本文在分析中国纺织业面临多重压力的基础上,从纺织业贸易摩擦的缓和、产业的升级、以及产品议价能力提升的角度论述纺织品出口退税下调对中国纺织业发展带来的新契机。     

我国生态纺织品的企业发展策略研究

纺织服装产业是与人类基本生活资料生产密切相关的基础产业,在可持续发展战略思想被不断强调的背景下,其设计、研发和生产过程中的污染问题受到了越来越多的关注。因此,制定发展生态纺织品的有效策略,跨越绿色壁垒,促进现代纺织业的发展,成为我国纺织业的重点工作之一,也是各大纺织企业的一项长期战略任务。文章对发展我国生态纺织品的企业应对策略进行阐述。     

纺织服装企业逆向物流服务集成平台的构建

在阐述废旧纺织品逆向物流特点的基础上,对纺织服装业逆向物流的信息体系结构进行深入研究,开发一个适合纺织服装业逆向物流的服务集成平台以支持废旧纺织品的回收和再生。该系统包括逆向物流运营管理系统、企业间逆向物流交易管理系统和逆向物流公共信息服务平台三个子系统,具有废旧产品物料分类管理、库存管理、运输管理、再利用跟踪管理、客户资源管理、决策支持、物流交易管理、配送管理、数据仓库与数据挖掘等功能。     

实际有效汇率影响中国纺织品服装贸易的实证分析

纺织品服装是中国具有比较优势的大宗出口商品,在中国对外贸易中有重要的地位。文章运用最小二乘估计法,就人民币实际有效汇率对中国纺织品服装进出口贸易的影响进行了实证分析。结果表明,人民币实际有效汇率变动对中国纺织品服装进出口有显著影响,且其对进口的影响明显大于对出口的影响。另外,收入水平也是影响中国纺织品服装进出口的主要因素。     

Export Growth Slows Down

In November of 2005, China and the U.S. signed a bilateral agreement on textiles, launching the three-year quota control for 21 sorts of textile products. In 2007, the second year for the implementation of the agreement, China＇s textile export to the U.S. underwent several changes.