NEW YORK — Fabric suppliers exhibiting at last week’s round of international textile fairs here have seen buyers slash the size of their orders, but sense the worst may have passed.
While few mills are seeing a spike in order writing from buyers, they have adjusted to the realities of doing business in an environment of prolonged global economic downturn. The expectation is that brands and retailers will play it safe with smaller orders in a bid to keep costs low and avoid excess inventory. Buyers also have been quick to reorder once they see a product working, and innovative, creative fabrics that can help an item stand out and entice customers continue to drive buyers.
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)