This country profile provides in-depth analysis of South Korea's textile and clothing industry, which played a major role in the country's initial industrialisation. However, there has been a decline in the number of operations and employees in recent years due to labour shortages, rising costs and growth in competition from other Asian countries with far lower production costs.
Prospects for the Textile and Clothing Industry in South Korea
Global end use demand for textile fibres equates to the consumption of textile fibres by the final consumer. This report analyses recent trends in textile fibre prices and end use demand by region. It also includes indispensable textile fibre demand forecasts up to the year 2020. In view of the instability of cotton prices since mid-2010 and the uncertain economic outlook, this report is a vital resource for companies undertaking strategic planning for the next few years.
Consumers are demanding enhanced aesthetics and comfort in apparel, as well as higher levels of protection, performance and easy care properties. The textile and clothing industry needs innovative chemical finishes in order to meet these demands, increase the range of end use applications for its products and open up new markets.
Pacific Brands is a large manufacturer and distributor of clothing and workwear with over 30 major brands in its portfolio and around 6,500 employees. This profile provides information and analysis of Pacific Brands' operations and its attempts to transform itself into a more successful and profitable company.
Knitting Industry news from ITMA 2011
Billy Hunter reports from Barcelona
The best knitting and probably textile technology story at the recent ITMA in Barcelona, was for me, the simultaneous introduction of combined spinning-knitting machines by three leading circular knitting machine builders – Germany’s Mayer & Cie and Terrot and Taiwan’s Pailung.
Invista, owner of the Lycra fibre brand, used the second edition of its unique trade event, ‘LYCRA fiber MOVES’ in Barcelona last week, to announce its newest offerings for the leg wear market. At the event, the company addressed 300 textile professionals from 25 countries, with the aim of meeting unmet consumer needs.
Debra Cobb reports from Paris
In the midst of political, economic and environmental challenges, the only sure thing is impermanence—and the need for unceasing creativity in order to adapt. This was the message of Première Vision Pluriel, the twice-yearly high-end fashion textile fair held last week in Paris at the Parc des Expositions, where knitters, weavers, spinners and textile designers celebrated the joy of creation. With 46,222 visits, Premiére Vision and Expofil together enjoyed a 10% increase in attendance over one year ago, according to the organizers.
