TOKYO -- In an effort to build its presence in the Chinese consumer market, Itochu Corp., a leading Japanese trading company, next year plans to begin producing garments in Ningbo in partnership with Ningbo Youngor Group Co., one of China's largest...
TOKYO--In an effort to build its presence in the Chinese consumer market, Itochu Corp., a leading Japanese trading company, next year plans to begin producing garments in Ningbo in partnership with Ningbo Youngor Group Co., one of China's largest apparel manufacturers.The joint-venture company, Ningbo Youngor Knitting Dyeing & Finishing Co., will build an integrated knitting, dyeing and sewing plant that is expected to go into operation in January with an annual capacity of eight million pieces of knitwear for sale on the domestic Chinese market.The planned facility, according to a company spokesman, will be capable of producing 2,400 metric tons of circular-knit fabric and dyeing 7,200 tons of fabric annually. It is expected to employ about 950 workers. The project will produce casual sportswear that will be sold through Youngor's 1,300 shops throughout China.Beijing is scheduled to host the 2008 Olympic Games. With Chinese consumers becoming wealthier and more fashion conscious, and athletics expected to be a major subject of local interest in the buildup to the Olympics, the companies anticipate rising demand for sporty clothing in the coming years.The joint-venture firm, capitalized at $20 million, is funded 70 percent by Youngor, 20 percent by Itochu, 6 percent by the Hong Kong investment firm Suntex Hong Kong Ltd. and 4 percent by Matsunaga Co., a Japanese apparel manufacturer based in Ichinomiya, near Nagoya.Itochu is one of the growing number of Japanese companies setting up textile and apparel manufacturing in China, which has become a member of the World Trade Organization and is obligated to open up its market to foreign investment under that organization's rules.The coastal area along eastern China centering on Shanghai is becoming China's largest apparel production center, where one-half of China's apparel production is concentrated, Itochu said.The Japanese trading firm has already invested in four other major projects in China: Jic Garments (Ningbo) Co., which produces 120,000 suits a year; Ningbo Notokinu Industry Co., which makes 1.7 million linear yards of interlining; Ningbo Veken Textile Co., which produces 12,000 tons of spun yarn, and Ningbo Sunrise Textile Dyeing & Finishing Co., which dyes 27.5 million linear yards of fabric.
EXCLUSIVE: Two and half months after John Targon, cofounder and codesigner of Baja East, was hired as creative director of the contemporary division at Marc Jacobs, he has left the company, WWD has learned. Marc Jacobs International, which is owned by LVMH Moët Hennessy Louis Vuitton, confirmed Targon’s departure in a statement: “John Targon is a talented designer and we appreciate the work he has done here. Ultimately working together did not make sense for the brand and we wish him the best.” Read the story by @jessiredale, link in bio. #wwdnews
@theluxurycollection is officially launching a collection, tapping Sofia Sanchez de Betak for the capsule. Over 30 styles will be featured in the Chufy x The Luxury Collection, debuting next month at Bergdorf Goodman, The Webster, FiveStory and more. De Betak, known as “@chufy,” drew inspiration for the collection from her trips to Japan in the past year #wwdfashion
@lhd, founder and CEO of @thewebster, has teamed up with @lebonmarcherivegauche for the European launch of her ready-to-wear line, LHD. The launch will come with an exclusive pop-up opening today that’s set to run through May 20. Located on the second floor, it carries her debut Miami-themed resort collection, launched in November as see-now-buy-now. #wwdfashion
@longchamp, which marks its 70th anniversary this year, just opened its biggest U.S. store on Manhattan’s Fifth Avenue. On the lower level there’s a floor-to-ceiling display of the brand’s iconic Le Pliage bag – in all of its different colors, shapes and sizes. Customers can also have their product personalized in-store by imprinting names, initials or emblems. #wwdfashion (📷: @ericmtownsend)
“Whenever I’m in that place of sound and music, I don’t have fear or nervousness…This album has a lot of themes of courage and boldness and I want to be the soundtrack for people’s lives. I’ll be so happy if [my songs] evoke strength in people, which I know music has done for me,” says @kimbramusic of her newest album “Primal Heart.” The New Zealand-born singer sat down with WWD to talk about her music, newest tour and connecting with hear fans — read more on WWD.com #wwdeye (📷: @jilliansollazzo)
Luxury handbag resale company @rebagofficial is planning to sell a rare collectible for $70,000: the @hermes White Crocodile Himalayan Birkin. The exclusive Birkin sold for about $100,000 in 2008, when @davidbeckham bought one for his wife @victoriabeckham to add to her collection. Read more about the rare Birkin on WWD.com #wwdaccessories
With her costume pearl necklace and what-you-see-is-what-you-get style, Barbara Bush, who died Tuesday at age 92, was a straight-shooter from start to finish.
Born Barbara Pierce in New York City, Bush served as the 37th first lady, as well as the country’s second lady from 1981 to 1989. In addition to being part of the longest presidential marriage — 73 years — Bush also had the unlikely distinction of having one son, George W., become the 43rd president and another son, Jeb, run unsuccessfully in 2016. Having served as second lady during the Reagan administration’s two terms and lived all over the world during her own husband’s ascending political career, Barbara Bush made it clear that literacy — not fashion — was her priority. Read more from Rosemary Feitelberg’s obituary on the late First Lady in WWD.com, link in bio. #barbarabush #wwdnews
Western and ’90s trends have influenced denim for fall 2018. Think raw, dark and coated jeans mixed with bold prints and tough leather. #trendtuesdays #wwdfashion (Styled by @thealexbadia;📷: @ryanplett)