ITMA Asia + CITME applications open, market to reach US$23b
The online application process for the fourth edition of the ITMA Asia + CITME exhibition, which takes place from 16 to 20 June 2014 at the Shanghai New International Expo Centre, PR China, is now available on the show website.
Representatives from the Japan Textiles Exporters Association, currently on a tour of the Tirupur region of India, have expressed concern over the quality of some of the knitwear they have come across, hinting that India?s knitwear manufacturers should look to invest in higher quality, flat knitting technology.
Fountain Set, one of the world?s largest producers of circular knitted cotton fabrics has blamed ?one of the toughest operating environments in the past decade? for posting a loss of HK$324.2 million (US$41.76 million) on revenues of HK$9.2 billion (US$1.2 billion) in the 16 months ending 31 December 2012.
UK retailer Marks & Spencer is to return to the Netherlands with a combined e-commerce and stores ?clicks & bricks? strategy, in line with its ongoing business plan to establish itself as an international, multi-channel retailer.
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