PARIS — Texworld expects bargain-hungry buyers burdened by tighter budgets to help shelter the fabric show from challenging economic times.
Texworld, which will convene at the Le Bourget exhibit space north of Paris for four days starting Sept. 22, features less-expensive fabrics than its upscale rival, Première Vision. Organizers for Texworld, managed by Messe Frankfurt France, expect about 900 exhibitors from more than 80 countries.
Though considered a lower-cost alternative to PV, regarded the showcase for Europe’s high-end mills, Texworld has been giving PV more direct competition thanks to the strong euro and the turbulent economy. Texworld also has been moving incrementally upscale as mills in countries from China to India funnel more creativity into their products.
Texworld wants to further nurture the creative caliber of its exhibitors. This year, for example, the fair has invited 10 young designers to exhibit in the hope they will create synergies with large-scale mills. Texworld also has enlisted the graduating class of the Esmod fashion school in Beijing to present its work to create another creative showcase.
“We wanted to underscore creativity because our exhibitors are creative, too,” said Michael Scherpe, president of Messe Frankfurt France. “There are standard wares at Texworld, but there is also quality and creativity.”
Texworld has consolidated its expertise in recent seasons. The exhibition recently introduced a small area that features finished garments destined for big chains. It also started to use information software that links buyers with the fabrics they need, as well as a quality-check system.
For this edition, the fair will concentrate on highlighting environmentally friendly fabrics with a guide to all the mills that produce such products, underscoring growing demand for ecologically produced fabrics even at less-expensive prices.
As for economic conditions, Scherpe said the fair had experienced some cancellations from a handful of companies and that others had downsized their stands. That said, Scherpe said the fair would operate with about the same amount of space and number of exhibitors as last year.
“Some firms have not had the reserves to ride out the storm,” said Scherpe. “But others are doing fine. Today, the type of [fabrics on display] at Texworld can be seen as a response to the economic crisis. It’s like tourists that don’t go out for dinner or vacation, but go to the supermarket and buy a sandwich.”
Though the market conditions may better serve Texworld exhibitors that come from countries like China, Thailand and Vietnam, they add up for difficulties for European mills that have been hamstrung by not only the tough economy, but also the high value of the euro. Many of Texworld’s exhibitors have reaped benefits from the high euro, especially since they do business in dollars. Scherpe said it remains to be seen whether the increasing value of the dollar over the last month would bear any repercussions for exhibitors at Texworld that do business in the U.S. currency.
“I think the [textile industry and the economy] will not see a real uptick until the year after next,” said Scherpe. “That said, our fair is well-positioned because it’s logical that people want to save money.”
From overseeing America’s fastest-growing speciality retailers to codifying cool, WWD talked to the women who are leading the way for the future of beauty. Check out our Instagram Stories to see how these women built today and are creating tomorrow. (📸: @hannah_khymych) #wwdbeauty
For @laperlalingerie's spring 2018 show, the brand chose to host their event at @thevenetianmacao. With Chinese megastars @bingbing_fan and @hubing in attendance, La Perla debuted a rock ‘n’ roll-inspired collection. The show marked the start of Sands Macao Fashion Week, which runs from October 19 to 24 — the city’s first such event. Pictured here are models backstage with glimmering eyes. #wwdfashion (📷: Cheuk-Yin To)
Trending for spring 2018: top stitch design. Gone are the days of stitch just for seams — designers are using the once-minimal detail to create strong decorative elements. (📷: Paola Testa; Styled by @andrew_shang) #wwdfashion
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)