Sanei To Shanghai…A New Yarn…Japanese Imports Up…Slow Go In Tokyo
SANEI TO SHANGHAI: Sanei International Corp., a major apparel company based in Tokyo, has established a wholly owned subsidiary in Shanghai that will initially handle procurement and trading of merchandise from China and eventually build...
SANEI TO SHANGHAI: Sanei International Corp., a major apparel company based in Tokyo, has established a wholly owned subsidiary in Shanghai that will initially handle procurement and trading of merchandise from China and eventually build directly managed apparel factories in that country.
The new company, Sanei International Trading (Shanghai) Co., is capitalized initially at $200,000, a Sanei spokesman said, explaining that it is positioned as a controlling company responsible for directly managing Sanei’s trading and manufacturing operations in China.
To ensure the stable and long-term supply of high-quality and reasonably priced merchandise from China, it is essential that the company structures a system of direct control and management over its manufacturing operations in that country, Sanei stressed.
The Shanghai-based firm will eventually be able to plan, design and produce its own brands for the Chinese market, independent of its parent company, the executive said.
The move is part of Sanei’s continuing effortto expand its presence in Asia. The firm established a subsidiary in Hong Kong, Sanei Group International H.K. Ltd., two years ago to handle its growing business with China.
— Tsukasa Furukawa
A NEW YARN: Mizuno Corp., a leading manufacturer of sporting goods and clothes, and Mitsubishi Rayon Co. have jointly developed a new type of man-made fiber yarn that expands or shrinks according to the level of its water content.
The new material, which has been named “Dynamic Airy,” is actually a conjugated yarn of triacetate and diacetate from Mitsubishi. Dubbed the “textile that moves,” the conjugated yarn expands 20 percent when it absorbs water, Mizuno said, noting that the company plans to introduce golf wear and other athletic wear using the new fiber ,including polo shirts, T-shirts and warm-ups.
The conjugated yarn is structured like a spring: when it absorbs water and expands, it allows more air and increases air permeability of the clothes. — T.F.
JAPANESE IMPORTS UP: Imports of woven apparel to Japan from all sources in the first five months this year increased 3 percent in quantity from a year earlier to 512,845,000 pieces but declined 3.4 percent in value to $3.57 billion or in local currency, 428.32 billion yen, according to the Japan Textile Importers Association. Dollar figures are converted at an exchange rate of 120 yen to the dollar.Likewise, imports of knit apparel rose 9.3 percent in quantity to 884,296,000 pieces but were down 0.1 percent in value at $2.6 billion. In addition, imports of accessories during the five-month period amounted to $756 million, up 1.3 percent.
China continued as the largest exporter accounting for a share of 81.3 percent and 81.1 percent, respectively, of woven and knit apparel imports. China was followed by Italy, Vietnam, South Korea, Thailand, the U.S., France, Indonesia, India and the Philippines.
Imports of woven apparel from the U.S. were down 16.8 percent to $35 million, while shipments of knit apparel fell 31.2 percent to $46.7 million, according to the association. North Korea shipped about 1 million pieces of woven apparel, down 4.9 percent, worth $19 million, down 18.7 percent, while supplying 85,000 pieces of knit apparel, up 16.7 percent, valued at $758,000, up 63.9 percent. — T.F.
SLOW GO IN TOKYO: Sales at department stores in the Tokyo metropolitan area in June dropped for the 19th straight month. Total sales from 28 doors of 13 retailers fell 2.8 percent to $1.42 billion, or 166.7 billion yen in local currency,from the same month of last year. “In the latter half of the month, sales slowed despite a small pickup due to various promotions, including seasonal markdowns and store renovations,” said the Japan Department Stores Association. In May, total sales dropped 4.7percent from a year ago.
Sales of apparel in June fell 1 percent from a year ago, recording the category’s 9th consecutive drop. Sales of women’s wear declined 0.4 percent, marking the 5th straight drop, although “good sales were seen in young casual wear,” said the association. Men’s wear dropped 0.5 percent, while kids’ wear fell 5.2 percent. In May, total sales from apparel goods dropped 2.9 percent from the previous year. Dollar figures have been converted at current exchange. — Koji Hirano
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty