Home / Knowledge / News / Apparel/Garments / Sports apparel brand to reduce dependence on China
Sports apparel brand to reduce dependence on China
22
Feb '11
European sporting and apparel goods industry are suffering supply problems, because most commodities- especially textiles - are made in China, while wage costs in China are rapidly rising.

Chinese manufacturers prefer to supply more products to domestic market, rather than to the European market, due to which, China's exports of sports and apparel goods to Europe have decreased.

European trader of sports goods - Intersport currently sources 75 percent of its requirements from about 1,200 factories in China and is expected to possibly reduce the proportion to 50 percent in the near future.

Chairman of the company, Franz Julen explained at the International Sporting Goods Show (ISPO) held in Munich that wages of Chinese workers will double in the next five years and production capacity would be compressed.

He added that, manufacturers have delayed supply by a few months and in some cases, products ordered for Christmas last year, have arrived just now. The company has already put up orders, for supply in time by next winter.

Intersport wants to get rid of dependence on China, and intends to shift some production to the Baltic States or Romania, Bulgaria, Turkey and even India and Bangladesh. The company's turnover stood at nearly €10 billion last year.

Intersport expects that prices of sporting and apparel goods will move generally higher, in which prices in Austria and Germany will grow up 10 percent, price in the US will rise 15 percent.

Price increase does not only connect with China, but also involves the problem of raw material prices. Cotton prices rose explosively last year and specialty fibers widely used in sports apparel are in short supply.

Fibre2fashion News Desk

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eamonn Tighe
Nature Works LLC

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search