SHANGHAI — Exhibitors at the Intertextile Shanghai Apparel and Fabrics fair felt the sting of the weakening global economy and are losing confidence that conditions will improve next year.
Intertextile Shanghai, which ended its four-day run Oct. 23 at the Shanghai New International Expo Center, reported that its exhibitor list expanded 28 percent to 2,559, with domestic participants up 36 percent to 1,866 and international producers increasing 20 percent to 733. However, the number of exhibitors at sister fair Yarn Expo dropped to 55 from 91 in 2007, and visitors to Intertextile in the first two days were down to 32,000 from 34,000 a year earlier.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)