Home / Knowledge / News / Apparel/Garments / Prices of wool men's suits remain stable
Prices of wool men's suits remain stable
19
Feb '08
Import data reveals a clear slowing of apparel wool demand during the A/W season in Japan.

Imports of chiefly-wool knitwear, menswear, and womenswear to Japan dropped strongly year-on-year (number of units) in November 2007. The main contributors to the large decrease were very strong drops in wool knitwear and womenswear imports.

The exception was men's suit imports, which posted an exceptional rise. This helped chiefly-wool menswear import figures, which sustained only a slightly lower level than a year before. For the January to November 2007 period, total number of chiefly-wool outerwear imported to Japan decreased strongly from a year earlier.

Average unit prices of wool knitwear (sweaters/cardigans) imported during the 11 months to November 2007, as well as womenswear (particularly slacks and skirts), saw a significant increase.

The cause of the rise in import prices is as yet unclear however, it is assumed that the combined effects of higher raw wool and yarn prices, rising labour costs in China, and weaker Japanese yen against the US$ (the settlement currency in China-Japan trade) and Euro pushed garment import prices up.

On the other hand, the prices of wool men's suits remained stable over the same period and this may have helped maintain the level of import volumes for men's suits.

Australian Wool Innovation Limited


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X