HONG KONG — Mounting economic woes kept buyers largely on the sidelines during the Interstoff Asia textile fair here.
Although innovative fabrics like Austrian fiber producer Lenzing’s Promodal blend and Texorganix’s spun bamboo bark and soybean protein fiber spurred interest, buyers were anxious about overcommitting on budget and volume. The 200 suppliers exhibiting at the show, meanwhile, were resigned to the market downturn. Most said they had been feeling the economic pinch since the beginning of the year and were bracing themselves for tougher times ahead.
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