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Evteks will be held in Turkey, May 17 to 21, 2016. This is an international trade fair for home textiles and attracts every year new important importers from around the world. It is one of the most important business platforms for the industry. The high quality product portfolio, the large number of different products and the many international exhibitors make this event an important information platform. Visitors can see here the coming trends.
The product groups are curtains, cushion covers, decorative fabrics, drapes, floor coverings, kitchen textiles, leather furniture, linens, rugs, table cloths, towels, upholstered furniture, wall coverings.
Seven Moroccan business leaders in the home textile sector will participate in this year’s edition. They are aiming at showcasing Moroccan offerings in the Turkish market, making new business contacts, and diversifying export trading partners. Moroccan companies are targeting importers and commercial brands of the sector, as well as wholesalers and small retailers.
Turkey ranks fourth among the world’s leading suppliers of home textiles and monopolises five per cent of the global market.
Evteks debuted in 1994 and is held every year. The previous edition of Evteks, held in May 2015, brought together 1,000 exhibitors and 1,25,000 professional visitors.
Korean companies are keen to invest in Ethiopia since they see immense possibilities.Ethiopia is the second most populous country in Africa and a leader in the east African region.
The fourth Korea-Africa Forum will be held in December 2016 in Addis Ababa, Ethiopia.
At present, the Korean textile company ShinTS is operating a textile factory in the Bole Lemi industrial complex, and another world class Korean textile company is giving positive consideration to new investment.
Korean investors are looking at the textile and steel industry in Ethiopia apart from other promising areas for future investment .They are expecting that the bilateral relationship will elevate to a new level in every aspect, such as politics, economy, culture etc.
The economies of both countries are highly complementary, taking into consideration the capital resources and technology of Korea and the abundant and competitive labor of Ethiopia.
Korea will launch a development project called Korea Aid in Ethiopia. This will be inclusive and share Korean economic and social development experience. It will foster bilateral and multilateral cooperation in a variety of fields.
Korea is trying its best to provide meaningful contribution to the developing process of this African country through multiple channels.
Japanese manufacturers are eyeing the ASEAN region, especially Vietnam, as an export base since the signing of the Trans-Pacific Partnership (TPP) in late 2015.
Asean is the region where they plan to pour more investments into.
A survey was conducted by the Mizuho Research Institute in February 2016, targeting 1,100 Japanese firms capitalised at 92,200 dollars or more.
Japanese manufacturers have shown their increasing interest in Vietnam with 53.5 per cent of them saying they choose Vietnam among the 10 Asean member states to invest in, up 4.9 per cent against last year.
When being asked where they plan to expand investments among the 12 TPP signatories, 12.8 of respondents named Vietnam. Japan and the US came second and third with 10.7 per cent and 4.9 per cent respectively.
Japanese manufacturers continue to pull out of China as its economy slows down. Only 76.4 per cent of them have bases in China, which is a two per cent drop from last year and the second decline in a row.
Indonesia hopes South Korea would become its partner in accelerating the pace of industrialisation in the country including the digital economy.
Around 34,000 Indonesian workers are at present recorded working in South Korea, including more than 4,000 who work as boat crew members.
The two countries will sign several memorandums of understanding covering creative industry, peat land restoration, sporting cooperation, anti-corruption fight, maritime and defense.
South Korea became Indonesia’s strategic partner on December 4, 2006, following the signing of the Joint Declaration on Strategic Partnership to Promote Friendship and Cooperation in the 21st Century.
The value of trade between the two countries reached 16.7 billion dollars in 2015 and Indonesia’s exports to South Korea include coal, nickel, copper, tin, pulp, natural rubber, plywood and footwear.
From South Korea, Indonesia imports wireless communication equipment, motor vehicles, computers, iron, ships, petrochemicals, textile and garments.
South Korea’s investment in Indonesia was recorded at 1.21 billion dollars in 2015 to make it the fifth biggest investor in the country with a total of 2,329 projects in infrastructure, manufacturing, information and communication technology and maritime sectors.
The two countries are working toward more cooperation in tourism and better contacts between their citizens.
H&M (Hennes & Mauritz) sales including VAT increased by five per cent in local currencies in April 2016 compared to the same month the previous year.The total number of stores amounted to 4,035 on April 30, 2016, compared to 3,610 on April 30, 2015.
The cold spring which continued into April in several of H&M’s large markets has had an unfavorable impact on sales of transitional garments.
The company plans to open 50 stores in India.
H&M features a wide range of fashion using many different concepts, from updated classics and basics, to clothes that reflect the very latest international trends.
H&M was founded in Sweden in 1947. It offers fashion and quality at the best price in a sustainable way. It’s a pioneer of design collaborations with style icons such as Karl Lagerfeld, Stella McCartney, Viktor & Rolf, Roberto Cavalli, and Comme des Garçons. H&M offers a varied assortment for the entire family, including concepts for women, men, teenagers and children. The products include clothing, accessories, footwear, sportswear, cosmetics, and home textiles.
In addition to H&M, the group includes the brands Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M Home. The group has more than 4,000 stores in 61 markets including franchise markets. The number of employees is more than 1,48,000.
Grupo M has chosen NGC’s PLM platform to drive innovation and efficiency for its rapidly growing business. Grupo M is the western hemisphere’s largest apparel manufacturer. NGC Software is a leading provider of fashion product lifecycle management (PLM), supply chain management and apparel enterprise resource planning (ERP) solutions.
Grupo M has more than 10,000 employees in the Dominican Republic and Haiti and produces more than 20 million garments a year and 2,20,000 pounds of fabric each week. With NGC’s software, Grupo M aims to raise the bar even higher, relying on NGC’s fashion PLM for further productivity improvements throughout its complex organization. NGC’s PLM will provide Grupo M with key capabilities such as line planning, tech packs, digital asset management, material development, sampling, costing, and testing and compliance. Features such as workflow calendars, global collaboration and exception dashboards further improve communication while ensuring that key deadlines are met.
Working with NGC will help Grupo M reduce lead times by streamlining every area of product design and development.
Grupo M has built its business based on high standards of customer service, attention to detail and quality, and ethical manufacturing; the company’s customers include the largest retailers and brands in the world.
Textile maker Unifi based in the US produces 300 million pounds of polyester and nylon yarn annually.Unifi does recycling through its flagship fiber brand Repreve, launched in 2009.
Repreve has a 50,000 sq ft recycling facility, where plastic bottles, fiber waste and fabric scraps get deposited.
The company collects clear plastic bottles from processors around the country who first shred them into plastic flakes. These plastic flakes are converted into small pellets. The pellets are then melted, extruded and spun into polyester yarn.
Repreve makes three types of recycled yarn: 100 per cent from used plastic bottles, a hybrid of plastic bottles and fiber waste, and a hybrid of plastic bottles and used fabric.
College students across the US accept their diplomas wearing gowns made entirely of plastic bottles. Through such gowns schools can spread the message of waste management, energy conservation and environmental protection.
Repreve yarn is used to make everything from jackets and T-shirts to dress pants and even car upholstery. It’s used in brands like Patagonia, The North Face, Levi’s, Adidas, Nike and Ford.
Unifi has turned four billion used plastic bottles into yarn in the last seven years. It wants to educate consumers that high quality products can be made from recycled waste.
A wool fair will be held in Shipston, England, May 28 to 30, 2016. It will feature all things wool related - including live sheep and shearing demonstrations. Up to 20 rare breeds of sheep will be exhibited.
A arts and craft market will offer a mix of talented local artists and craftspeople selling their handmade creations from soaps to ceramics, and paintings to wood craft, textiles and up-cycled furniture.
Shipston is a market town with roots in the sheep and wool industries. In times gone by a sheep and wool fair was held here every year, but the tradition died out early last century until 2009, when it was revived. Since then the wool fair has been held every year.
its purpose is to put people in touch with their heritage in a fun and quirky way, fostering inter-generational contact and local enterprise. The highlight of the fair is the real life exhibition of sheep including many rare breeds and celebrity sheep. Brought to the fair with long coats, they will leave after being shorn in front of the audience. Traditional shearing methods will be demonstrated alongside more modern electrical cutters.
Weavers, spinners and dyers will demonstrate the many applications of wool.
China’s manmade fiber output during April was up 1.18 per cent on the previous month, to 4.3 million tons, which was also 7.6 per cent higher than the comparable figure of last year.
As a consequence, cumulative production in the first four months of 2016 expanded 5.89 per cent on an annual basis.
Strong growth in April was down to the seasonal impact and increasing stocks at the hands of main producers and traders. However, local analysts believe production could lose steam in May, when quotations for polyester, viscose and nylon are back to the downstream trajectories, prompting the main manufacturers to curtail supply.
Meanwhile China’s fabric production during April remained at the same level of the month prior, 5.9 billion meters, which was up 2.3 per cent against the same month of 2015.
China cotton values surged in April, as the government delayed its auction until May, pushing up cotton yarn quotations and denting the confidence of cotton fabric manufactures amid uncertainties of the industry. And manmade fabric production also lost pace, as inventories put more pressure on plants for cash-flow issues.
Local analysts predicted fabric production in May could be lower, while the high trading season is over.
In addition, total output from January to April rose 2.12 per cent.
China has agreed to terminate export subsidies under its demonstration bases-common services platform.Subsidies will be scrapped on a range of products from metals to agriculture and textiles.
This means China has ended a program which provided export subsidies of some billion dollars over three years to Chinese companies in seven economic sectors.
Since it joined the WTO in 2001, China has frequently drawn complaints that its exports are being dumped or sold at unfairly cheap prices on foreign markets. These subsidies were seen as inconsistent with the rules of the World Trade Organization and drew complaints from the US that its domestic textile manufacturers were badly hurt.
China still has other forms of support for industry in place, including relatively cheap and easy credit from state banks, state-regulated power prices that have often favored industry, and low prices for other inputs such as water.
In part, the dropping of the subsidies is an effort by China to move away from labor-intensive production and emphasise more sophisticated industries such as semiconductors. In effect China wants to become a high tech country and move up the value chain.
