Between September 5th and 25th, 2020, ITMF has conducted its 5th ITMF Corona-Survey among ITMF members and affiliated companies and associations about the impact the Corona-pandemic has on the global textile value chain. In total, 216 companies from around the world participated. When aske
The index of orders intake for Italian textile machinery, as compiled by ACIMIT, fell by 47% for the period April - June 2020, compared to the same period in 2019, with orders falling both abroad and in Italy. A 44% decrease in orders was recorded in foreign markets, whereas the domestic m
In August, the total retail sales of consumer goods totaled 3,357.1 billion yuan, up 0.5 percent year on year, the first positive growth since this year. Among them, the retail sales of consumer goods excluding automobiles totaled 3,015.8 billion yuan, down 0.6 percent.
From Janua
In the first seven months of 2020, China surpassed the United States for the first time to become the EU’s largest trading partner. From January to July, EU imports from China increased by 4.9% year-on-year, imports from the United States fell 11.7%, exports to China fell 1.8%, and expor
Intertextile Shanghai 2020 (Autumn) successfully concluded at the National Exhibition and Convention Center on August 24 - 26. During the 3-day exhibition, nearly a thousand preferred home textile brands, 20+ design forum lectures, and many crossover buyers gathered in Shanghai.
The next Heimtextil has been postponed from January and will now be held concurrently with Techtextil and Texprocess 2021 in Frankfurt from May 47, 2021. This will result in exciting synergistic effects for the sector.
The current situation with respect to the corona pandem