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Textile Outlook International
Issue 144:
April 2010

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Reports in this issue
Editorial: Li & Fung Will Source Less Apparel from China and More from Bangladesh and Other Asian Countries (5 pages)
Prospects for the textile and clothing industry in Thailand, April 2010 (43 pages)
Survey of the European Yarn Fairs for Spring/Summer 2011 (14 pages)
Global trends in fibre prices, production and consumption, April 2010 (21 pages)
Technological Developments in the Clothing Industry
Trends in US textile and clothing imports, April 2010 (79 pages)

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Editorial: Li & Fung Will Source Less Apparel from China and More from Bangladesh and Other Asian Countries

Buy 'Editorial: Li & Fung Will Source Less Apparel from China and More from Bangladesh and Other Asian Countries' now 5 pages, published in Issue 144, April 2010  
Report price: Euro 275.00; US$ 365.00  

Li & Fung, a major sourcing group based in Hong Kong, plans to shift some of its apparel sourcing away from China and increase it in other Asian countries.

News of this proposed shift came from Li & Fung’s managing director, William Fung, when he announced that the group had achieved a record core operating profit of HK$3,990 mn (US$515 mn) 2009, 29% more than in the previous year.

The record profit was achieved despite a 6% drop in turnover, to HK$104,479 mn, reflecting “sluggish markets, a number of customer insolvencies, and the tactic of many other customers to maintain tight inventory levels”.

The group has over 80 offices in the USA, Europe, Africa and Asia, and it sources from more than 40 economies. In 2009 it strengthened its sourcing capabilities in Europe, the Middle East, North Africa and the former Soviet Union by opening a new 7,100 m2 European hub operation in Istanbul, Turkey.

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Six times a year, Textile Outlook International provides up to 200 pages of intelligence, expert analysis and insight on the global textile and clothing industry.
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Each issue provides an authoritative source of information on key industry topics, including: circularity; cotton; environmental sustainability; fibre prices; innovation; production and consumption forecasts; imports and exports; industry giants and emerging brands; international trade fairs; key geographical markets; recommerce; retail; supply chains; textile and clothing trade; textile machinery; trade and production trends; world markets; and yarn and fabric manufacturing.

A single issue of Textile Outlook International includes:

    an editorial think-piece on a topical issue from an industry expert

    a report on textile and apparel trade and production trends

    a round-up of the latest international trade fairs

    a feature on textile and clothing imports and exports or fibre prices, production and consumption

    a report on a key geographical market

    insight and analysis of a key market leader or fast-growing start-up

An annual subscription to Textile Outlook International is a cost-effective way to keep informed about trends and developments in the global textile and clothing industry.

Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication.

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