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Italy Spinning Industry Prepares For Higher Cost Stage

2014/2/5 15:08:00 310

The yarn manufacturer of Milan P will carry out the three day Italy international yarn exhibition to display its 2015 spring products. They will prepare for the rising cashmere, < a href= "//www.sjfzxm.com/news/list.aspx ClassID=101112107108" > wool < /a > cotton raw materials. The increase in the cost of raw materials is due to the development of limited wool and cotton reserves strategies from large fast fashion enterprises like China. Federico Gualtieri, chief executive of Filpucci, said that the price of cashmere was out of control and increased by about 20% this month, which is still higher than a year ago. Silvio Botto Poala, chief executive of Botto Giuseppe, said that large clothing companies will buy thousands of tons of raw materials each time, so that they will increase their demand. 
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Besides P, the price of silk and wool is also rising this year. Because of the rising cost of high-end wool and cashmere, yarn manufacturers in Italy will not miss more alternative materials such as viscose and mohair. Federico Gualtieri also said the company will use Ma Haimao next season, and their Ma Haimao is mainly from South Africa, which is considered to be the most beautiful and most famous Ma Haimao product. Paolo Todisco, executive director of Zegna Baruffa Lane Borgosesia, said that the replacement materials like Ma Haimao were limited to making products more diversified, and wool and cashmere were still the main raw materials for basic products. 
 > according to the report of < a href= "//www.sjfzxm.com/news/list.aspx ClassID=101112107105www.sjfzxm.com/news/list.aspx ClassID=101112107105www.sjfzxm.com/news/list.aspx ClassID=101112107105" > Italy textile and Garment Association < /a > Research Center, the total trade volume of Italy's textile industry in 2012 is about 8 billion euros, which is about 5.1% lower than that in 2011. From the industry segmentation data, silk fabrics in the market performance in 2012 positive, but other sub sectors showed varying degrees of decline. Wool fabric fell 2%, knitwear was a big drop in category, and cotton and linen textiles were the first to bear. The decrease in trade volume was mainly due to domestic demand in Italy and the shrinking of the European market. As the most important market in Italy, Germany's decline in the first 10 months of 2012 was 9.2%, but it is still the largest export market of Italy's textile industry, and it has exceeded 11% of Italy's textile export share. 
 according to the statistics of the first 10 months of 2012, only 20 of the top 20 ranking countries in Italy's textile export market were Portugal and Britain, showing an increase trend of 12.1% and 3.1% respectively, while the "a href=" //www.sjfzxm.com/news/list.aspx ClassID= 101112107102 "Italy" /a "exports to France and France closely related to the industry were all down by 10.6% and 20.6% respectively. 
 in the non EU area, the market performance is relatively moderate, which has slowed down the worries of Italy enterprises on the decline of export. In the export market, Italy's exports to China increased by 5.5%, the US growth by 6.8%, Japan's growth by 18.3%, and Russia's growth by 12.4%. Although exports to China's Hongkong have decreased by 7%, the total volume of trade between China and Hongkong still stands close to 320 million euros, ranking the second largest export market of Italy textile. At the same time, due to the sharp decline in imports (compared with 12.3% year-on-year decline in 2011), Italy textile industry finally achieved 4 consecutive years of trade surplus with a surplus of 2 billion 550 million euros. 
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 accelerating the process of internationalization of enterprises 
Silvio Albini, chairman of the P Milano Unica exhibition, pointed out that these data indicate that the industry lacks support from the government that is being replaced in the competitiveness of Italy's textile industry. Just like Giorgio Armani's authoritative reasoning, if we do not help Italy fashion industry, the industry will be "self defeating". He stressed that when waiting for the domestic demand market to recover, Italy textile industry must continue to rely on itself and further strengthen its development in the international market. The international market is large, and there is still room for development for Italy's enterprises and products. Therefore, we must seize these opportunities. He suggested that enterprises should promote market development by their own strength in the deeper globalization process and attach importance to the characteristics of the target market. In China, Milano Unica is investing heavily with 130 exhibitors in order to better understand and enter this increasingly important market to consolidate Italy's position in the fashion industry. Not only because of the high rate of growth in the Chinese market, but more importantly, its quantity and unparalleled value. 
 Silvio Albini also stressed that in addition to China, emerging markets should not be overlooked for Italy's textile industry. Consumers there are very young, love digital lifestyle, have purchasing power, and pay more and more attention to quality and innovation. Entrepreneurs should seize the opportunity to enhance the development of enterprises from production products to brand development, and to create value for intermediate customers and end consumers as the core of strategy. "When a fashion brand in Italy goes to show ground, there are also Italy textiles." Silvio Albini said so.