NEW YORK — Organizers of next week's circuit of international textile shows here are preparing to face buyers whose fears of a recession and a depressed retail environment have grown in the new year.
Mills from around the world will exhibit summer collections at a round of shows beginning Jan. 22, including Première Vision Preview, the Turkish Fashion Fabric Exhibition, Texworld USA, Prefab: The Supima Premium Fabric Show and Kingpins. They will confront buyers from U.S. brands and retailers struggling to cope with a lackluster holiday season, high energy prices, widespread home foreclosures and the declining value of the dollar. As a result, show organizers anticipate that buyers will be more conservative and are likely to make their fabric decisions later rather than sooner.
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)