Home / Knowledge / News / Textiles / Orders with Italian textile machinery sector slips in Q4
Orders with Italian textile machinery sector slips in Q4
07
Feb '15
Although domestic orders appeared to rise, overall orders with the Italian textile machinery sector dropped in the fourth quarter of 2014, primarily from a dip in overseas orders.

In the fourth quarter, overall textile machinery orders slipped 4 per cent over the third quarter of 2014, although domestic orders surged 34 per cent over the previous quarter, but reduced 6 per cent in overseas orders.

The value of the overall orders index in the reporting quarter reached 85.0 points when compared with 2010 index base of 100.

While the overseas order index value touched 92.7 points, the domestic orders index value reached 50.8 points.

ACIMIT president Raffaella Carabelli said, “The growth in orders in Italy in the last quarter of 2014 appears to be a good sign for 2015, during which we will reach an apex with ITMA 2015.”

“This climate of greater confidence at a macroeconomic level seems likely to become contagious for various sectors of our economy,” he added.

Carabelli noted, “I am certain that the entire textile industry can benefit from the current global economic trends, referring especially to the weaker European currency and lower interest rates.”

As per updated figures of ITMA 2015, the Milan edition will exceed the 100,000 sq. metre threshold as against 80,000 sq. metre of exhibition space for the 2011 edition in Barcelona.

By end of January, 388 Italian exhibitors had confirmed their commitment to participate in the event, out of a total of 1500 participants.

“Lastly, requests for increased exhibition space already optioned and demands put forward by new exhibitors continue to pile into an already crowded waiting list,” ACIMIT said. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 20th Aug 2017

PetroVietnam, Vinatex discuss reviving PVTEX plant

Discussions are under way between PetroVietnam and textile and...

Courtesy: Mexx

Fashion | On 20th Aug 2017

RNF acquires Mexx fashion brand

RNF, the Dutch sports and fashion holding, has purchased the global...

Textiles | On 20th Aug 2017

Intertextile Shanghai Home Textiles opens on August 23

Intertextile Shanghai Home Textiles, Asia’s leading platform to meet...

Interviews View All

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Marten Alkhagen
Swerea IVF AB

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

Urs Stalder
Sanitized AG

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

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...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

August 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

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
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

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
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

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
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


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