PARIS — With global sourcing in flux and Europe’s sluggish economy weighing on trade, participants at the upcoming Texworld and Apparel Sourcing fairs are sure to focus on scouting for even better prices and new products to gain a competitive edge.
“Globally speaking, we’re not in a period of strong growth, everyone knows that,” said Michael Scherpe, president of Messe Frankfurt France, the organizer of the Texworld and Apparel Sourcing fairs held at Le Bourget here for four days starting Feb. 12. “Europe remains in a mood of stagnation, even recession, which of course weighs on the rest of the global economy. But despite everything, the economy exists. It has become more difficult, it is more competitive and errors are rapidly sanctioned.”
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