NEW YORK — Trade show organizers preparing for next week's circuit of international textile fairs here are bracing for buyers facing extreme pressure to control costs.
With consumer spending taking a hit from rising energy prices and deteriorating economic conditions, buyers trolling textile manufacturers' booths will be keenly aware that fabric is one area where they may, at least, stabilize costs. Fabric can represent as much as 50 percent of the cost of a garment and buyers entering the shows will be under more duress than ever to make sure those costs don't increase.
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)