Home / Knowledge / News / Textiles / Spanish sales of textiles decline 6.6% in April: ACOTEX
Spanish sales of textiles decline 6.6% in April: ACOTEX
26
May '14
Domestic sales of textiles and clothing from Spain saw a decline of 6.6 percent year-on-year, during the month of April 2014, said president of Business Association of Textile Trade and Accessories (ACOTEX) Borja Oria during a recent meeting of leading textile industry representatives held in Madrid.

According to a statement issued by ACOTEX, Mr. Oria said that although the domestic sales for the month of April show a decrease, the year 2014 has seen a recovery in the Spanish textiles and clothing sector, and the industry is expected to close this year positively.

The key to recovery of both the textiles and clothing sector remains to be consumer confidence and industry representatives can breathe a sigh of relief as the revival trend is significantly better than the second half of 2013, he added.

At the meeting, the ACOTEX official also asked the Government to advocate boosting tourism in the country in order to increase sales of Spanish apparel and textiles.

The objective of the meeting, titled ‘Cycle 2014: The year of Recovery’, was to discuss the current scenario of the Spanish textile and apparel sector, and create strategies to revive the industry.

The meeting was organized by Spanish online fashion news portal modaes.es along with the support of ACOTEX, and brought together several textile and clothing industry representatives under the same roof, including CEO of Cortefiel Group Ignacio Sierra, CEO of Modania Miguel Angel Gomez Garcia, Spanish apparel brand El Ganso co-founder Clemente Sebrian and many others.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Igor Chapurin
Chapurin

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

Karan Arora
Karan Arora

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search