Home / Knowledge / News / Apparel/Garments / Spanish apparel trade to grow by 3% in 2014: ACOTEX
Spanish apparel trade to grow by 3% in 2014: ACOTEX
29
Jan '14
The apparel trade in Spain is expected to grow by 1.5 to 3 percent during the 2014 year, said Business Association of Textile Trade and Accessories (ACOTEX) business development director Fernando Biel, during the ‘Prospects of Trade in Fashion’ conference organized by modaes.es at the recently held MFShow Men in Madrid.
 
Mr. Biel said ACOTEX expects that 2014 would turn out to be an optimistic year for apparel trade in the country, and growth in trade is expected to be between 1.5 to 3 percent, reports modaes.es.
 
According to the ACOTEX official, although retail sales of garments declined during most of 2013 year for the seventh consecutive time in Spain, retail sales in the sector fared better during the later part of the year, providing a better perspective for 2014.
 
The factors that would facilitate the improvement of apparel sales in the country include the gradual progress of the economic situation in Spain, as well as the decline in the rate of household savings increasing consumption, he added.
 
However, the ACOTEX official explained during the conference that despite the increase in sales, profit margins in the apparel trade would remain sluggish, and sales are expected to rise more on the account of special promotions or discounts offered by manufacturers throughout the year.
 
ACOTEX presented various perspectives and prospects in terms of apparel and fashion trade for the year 2014 during the modaes.es conference held at the second edition of MFShow Men in Madrid, jointly organized by ACOTEX, the Ministry of Education, Culture and Sports, and the Madrid City Council.
 

Fibre2fashion News Desk-India


Must ReadView All

Apparel/Garments | On 2nd May 2016

WB: B’desh can create more jobs with apparel exports

Clothing exports could create more and better jobs in Bangladesh if...

Courtesy: Skechers USA Inc

Apparel/Garments | On 2nd May 2016

Govt okays single brand retail for Skechers

Footwear maker Skechers USA Inc. has secured the government's...

Apparel/Garments | On 2nd May 2016

Amazon to invest more in India

Global e-commerce major Amazon plans to boost investment in its...

Interviews View All

Smita Murarka
Amanté

Which fabrics will be in trend for lingerie in 2017? What aspects are...

Akshay Narvekar
Bombay Shirt Company

Kiosk marketing is a good means of marketing in the Indian apparel market. ...

Thomas Waldmann
VDMA Textile Machinery Association

What is the current market scenario for German textile machineries,...

Mr. Johann Philipp Oskar Dilo
DILO Group of companies

Mr. Johann Philipp Oskar Dilo is a post graduate in Mechanical Engineering ...

Dr MP Agarwal
Shri Lakshmi Cotsyn Ltd

Dr MP Agarwal is the Chairman & Managing Director of Shri Lakshmi Cotysn...

Alessandro D'Andrea
Fameccanica.Data S.p.A.

Mr. Alessandro D’Andrea a Mechanical Engineer from Polytechnic of Turin...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


<%@ language="VBScript" %>
feedback
We would love to hear from you about your experience using the new interface. A quick review of yours would help us give you a better experience.
Advanced Search