Home / Knowledge / News / Textiles / Exhibitors leave Canton fair in the lurch
Exhibitors leave Canton fair in the lurch
13
Apr '09
As the international economic situation does not seem to show signs of an imminent recovery, textile companies are planning to skip the upcoming 105th Canton Fair, due to open from April 15, considering the costs incurred in participating at the fair.

Well-known clothing brand 'Shanshan' has announced its intention of not participating in the fair, nor will toy brand 'Good Child'. Zhu Sujun, Assistant to the CEO of Ningbo Shanshan Co. Ltd. disclosed the details and reasons for not doing so.

He said, “Orders received by Shanshan, which mostly manufactures high-end products, fell by 50 percent in the previous Canton Fair edition in 2008, due to the downturn and increased participation of SME enterprises, leading to a rise in low-priced competition.

Taking into account the high costs involved in participating at the fair and since the business development goals of the company will not be met consistent with the customers at the fair, the company was withdrawing from the Canton Fair.

In the 104th Autumn Fair held in October last year, overseas buyers and export turnover fell by 9.08 percent and 17.5 percent respectively when compared with the previous 103rd session, due to which exhibitors are pessimistic about the 105th edition.

In recent years, each session of the Canton Fair has seen 300,000 Chinese exporters and nearly 200,000 overseas buyers and visitors from 200 countries and regions and it is also a boom time for hoteliers, since it makes up for 20-30 percent of their annual turnover.

As one of China's most important exhibition and export platform, the fair organisers are leaving no stone unturned to reduce the impact from the global financial crisis and increasing the facilities or reducing fees.

Fair spokesman Mu Xinhai, said that booth cost of the Canton Fair will be lowered to reduce burdens on Chinese companies and has sent out 800,000 invitations to ensure the number of visitors stay consistent, with that of last year.

Fibre2fashion News Desk - China


Must ReadView All

Bangladesh garment exports rise 7.46% in July-Nov '17

Apparel/Garments | On 11th Dec 2017

Bangladesh garment exports rise 7.46% in July-Nov '17

Readymade garment exports from Bangladesh increased 7.46 per cent in...

Karl Mayer opens new workshop in Vietnam

Textiles | On 11th Dec 2017

Karl Mayer opens new workshop in Vietnam

Karl Mayer, Germany’s leading textile machinery firm, has announced...

Cotton USA promotes cotton at TITAS Taiwan tradeshow

Textiles | On 11th Dec 2017

Cotton USA promotes cotton at TITAS Taiwan tradeshow

Cotton USA, which promotes US cotton fibre and manufactured cotton...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Urs Stalder
Sanitized AG

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

Ashok Desai
Bombay Textile Research Association

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

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

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 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
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

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
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

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
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

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
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


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