Translated by
Nicola Mira
Published
Jul 31, 2024
The National Exhibition & Convention Centre in Shanghai will host China’s leading textiles and apparel trade shows at the end of August. The sessions will be held while markets are trying to respond to a generalised slowing down of consumption and growth.
The session will feature materials show Intertextile, co-organised by the Chinese Textiles Chamber of Commerce (CCPIT-Tex), the Textile Information Centre of China, and event organiser Messe Frankfurt. The latter is celebrating this year the 30th anniversary of its presence in Asia, as well as the 30th anniversary of Intertextile.
In March, Intertextile attracted nearly 3,000 exhibitors and 90,000 industry visitors, in representation of 116 countries and regions, after being affected for many years by the pandemic and related restrictions to travel to China.
In August, Intertextile will be staged in parallel with yarn and fibres trade show Yarn Expo, and alongside fashion and apparel show Chic, it too sponsored by CCPIT-Tex and also by the China World Trade Centre and the China National Garment Association.
Chic is keen to capitalise on the success of its March edition, which attracted 158,000 visitors and featured 1,250 exhibitors, presenting 1,398 brands in total. The fourth Shanghai trade show to be held concomitantly in August is PH Value, China’s professional event for the knitwear market.
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As FashionNetwork.com reported in the wake of the Shanghai events’ March editions, the Chinese textiles and apparel market is going through a pivotal period. Inflation is negatively impacting Western brands, among the leading clients of Chinese producers, while domestic apparel consumption is slumping in China too. Only the luxury segment, and to a lesser extent sportswear, seem to be partly bucking this downward trend (as reported by FashionNetwork.com).
China’s leaders, including President Xi Jinping, met in mid-July to find ways to stem the slowdown in domestic market growth, which is at its lowest since 2023, when the country had barely begun to emerge from the pandemic. China has since surprised observers by introducing a short-term interest rate cut to bolster its economy.
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