Monday, 6 April 2015

Chinese Firms Tackle Challenges at Intertextile

SHANGHAI — China’s apparel, textile, yarn and knitting industries put up a united front here last month as pressures from a broader economic slowdown, a rise in domestic wages and the strength of the yuan against the euro and yen all take their toll. The spring edition of the Intertextile Shanghai Apparel Fabrics show joined with CHIC 2015, including a mini edition of The Micam Shanghai footwear exhibition, and coincided with two smaller fairs, Yarn Expo Spring and PH Value, previously known as the China International Knitting Trade Fair. All the fairs were held at the newly constructed National Exhibition & Convention Center. CHIC hosted more than 1,000 brands from more than 21 countries, while Intertextile had more than 2,600 exhibitors from 24 countries for this spring edition, a sharp rise from the 1,500 that showed the same time last year. Olaf Schmidt, vice president of textiles and textile technologies at Messe Frankfurt, organizer of Intertextile, said the multiple fairs running together across 2.4 million square feet at the convention center was advantageous to exhibitors and visitors. “We are now able to cover the whole textile value chain,” Schmidt said. “It’s great for exhibitors and even better for buyers.” Many of the buyers were taking

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