有關華爾街的報導(翻譯中文)

Wal-Mart cutbacks bite in China SHANGHAI-Several months ago, Chinese clothing executive Shao Zhuliang got bad news from his U.S. agent:Wal-Mart Stores Inc., his biggest customer, wouldn’t be placing any orders for the spring 2008 season. Now, Mr. Shao says, he is scrambling to line up other buyers... 顯示更多 Wal-Mart cutbacks bite in China

SHANGHAI-Several months ago, Chinese clothing executive Shao
Zhuliang got bad news from his U.S. agent:Wal-Mart Stores Inc., his
biggest customer, wouldn’t be placing any orders for the spring 2008
season.

Now, Mr. Shao says, he is scrambling to line up other buyers from
Europe, Japan and South Korea to keep production lines running this
summer at Boshan Linar Garments Co. in eastern China’s Shandong
province.

Wal-Mart” said they had inventory piled up over there,” says Mr.
Shao, who heads Boshan’s sales department. “It’s always hard to
make money from Wal-Mart orders, but without them, we are finished.”

A softer U.S. economy, rising gasoline prices and business miscues have
left the world’s largest retailer with a growing amount of unsold goods
in its stores, including about $2 billion worth of clothes and homedecor
products. With about 10% of Wal-Mart’s revenue coming from apparel, the excess has several analysts trimming profit estimates for this year by
as much as five cents a share.
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