Have an impact. The clothing industry reached its peak in 2006. The profit rate of clothing industry reached its peak in 2006, which was 4.47%, and decreased to 4.32% in 2007. In 2008, the profit rate dropped even more obviously, reaching 4.04%. As of August 2008, there were 14000 enterprises in the clothing industry, including 3466 loss-making enterprises, with a loss of 3.038 billion yuan. In 2008, the external business environment of enterprises deteriorated sharply, and the industry losses increased significantly. By August this year, the loss of the clothing industry increased by 53.8% year-on-year.

The first half of 2009 will be the most difficult period for the industry, and domestic demand will face the risk of decline. Because China's economic growth rate dropped significantly in the third quarter, there is also the risk that the economic recession will lead to a decline in domestic demand for clothing. According to the statistics of WIND's consumer confidence index, the consumer confidence in China also declined month by month in 2008. As China has a large population, with the improvement of people's living standards, the domestic demand for clothing will greatly increase. From 2005 to 2007, the expenditure of urban and rural residents in China increased by double digits. Since 2005, domestic clothing retail sales have also maintained a double-digit growth, reaching 35% in 2005, and maintaining a growth rate of 16% in 2006 and 2007. Perhaps this economic crisis will slow down or reduce domestic clothing consumption, but in the long run, there is still a lot of room for development in the domestic market. China's clothing enterprises can only enter the international market if they first base themselves on the domestic market and accumulate some experience in domestic brand management.