Home / Knowledge / News / Textiles / Soft toy exporters feel heat of new EU & US rules
Soft toy exporters feel heat of new EU & US rules
27
Jul '11
Some enterprises in Shenzhen and Dongguan say that 30 percent of existing factories in the Pearl River Delta are in the danger of shutdown or semi-shutdown. The EU and the United States implement new soft toy safety standards on July 20 and August 14, which is proving to be a nemesis for Chinese soft toy export enterprises.

According to customs data, soft toy exports from Dongguan reaches about US $2 billion per year, of which over 80 percent are exported to Europe and the United States.

Insiders say that after the implementation of new standards, export enterprises are bound to be affected. After the implementation of new EU standards, other countries in South America and Russia also expected to implement new regulations.

The most deadly factor is an increase in costs. Under the new standard, soft toy factories have to provide more detailed sample testing to importing countries. The increase in testing costs will prove to be very detrimental for exporters.

Meanwhile, the implementation of more stringent safety standards demands soft toy manufacturers to improve product quality, to use good materials, and to buy good raw materials, due to which, their costs have increased by more than 5 percent. Wage costs too have risen by more than 35 percent.

It is reported that about 30 percent of the plants are feeling the heat of the new regulations.

Fibre2fashion News Desk - China


Must ReadView All

Two slabs of GST will affect Bengaluru garment units: SIGA

Apparel/Garments | On 23rd Jan 2018

Two slabs of GST will affect Bengaluru garment units: SIGA

The South India Garment Association (SIGA) has voiced its concern...

US FTC updates textile rules to drop obsolete requirement

Textiles | On 23rd Jan 2018

US FTC updates textile rules to drop obsolete requirement

The US Federal Trade Commission has eliminated an obsolete provision...

Indian textile industry at inflection point: Report

Textiles | On 23rd Jan 2018

Indian textile industry at inflection point: Report

The textile and apparel sector of India is at an inflection point...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Karan Arora
Karan Arora

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

Igor Chapurin
Chapurin

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

January 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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

Yes No

Active Poll

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

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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

Yes No

Active Poll

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

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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

Active Poll

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

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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