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
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)