PARIS — The outlook for two major textile fairs set to take place next week — Première Vision and Texworld — can be summed up by the Beatles lyric, “I’ve got to admit it’s getting better, it’s a little better all the time…can’t get no worse.”
This is particularly true in Europe, where the prolonged debt crisis and economic malaise have cut into profits and growth plans, and forced companies to look at exports to the U.S. and Asia to balance difficult home markets. For example, for the first seven months of the year, the apparel market in France was down 1.4 percent compared with the same period last year, according to the French Fashion Institute, or IFM.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"