Home / Knowledge / News / Textiles / Italian company to expand China Linen brand
Italian company to expand China Linen brand
17
Apr '10
China Linen Textile Industry, Ltd. a China-based company engaged in the production and sale of linen yarn and various types of linen fabric, announced that its subsidiary, Heilongjiang Lanxi Sunrise Linen Textile Industry Co., Ltd., has signed a renewed multi-year distribution agreement with a leading, Italy-based seller and distributor of linen, PETA D.O.O.R.F. DIAMAS S.R.L.

Under terms of this agreement, the Italian-based distributor will exclusively market and distribute China Linen's range of linen fabrics in a well-known area in Italy. The long-term contract, effective in March 2010 and extending through 2013, is expected to increase the annual sales volume for linen fabric from this company by approximately 20%, or 400,000 meters.

In 2008, Italy's apparel market was worth an estimated $18.1 billion, and the market is expected to grow at a five-year compound annual growth rate (CAGR) of 4%. China is the world's largest exporter of apparels and textile products globally. According to China General Administration of Customs, China's total exports of textile products and clothing for 2008 amounted to $185.2 billion.

Mr. Gao Ren, chairman and president of China Linen, commented: "This sales agreement is an important step toward expanding our product brand in the European market and further strengthening our presence in the lucrative Italian fabric market. The renewed agreement also demonstrates our continued commitment to building long-term and stable relationships with our clients and solidifying our position in the Italian market. In 2009, we exported millions of linen fabric to Italy, and we will continue to capitalize on opportunities in this market."

For the full fiscal year 2009, China Linen's total textile exports were valued at $17.72 million, and were growing at a CAGR of 28.9 percent. The company exports approximately 60% of its production to Europe, North America, the Middle East and South America with the remaining sold in China. China Linen's main products include linen yarn, linen gray fabric, linen/cotton interwoven fabric, linen/rayon interwoven fabric and other linen products. The company's top customers' markets include China, Italy, the United States, Brazil, Belgium, Spain and Greece.

China Linen Textile Industry Ltd

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Marten Alkhagen
Swerea IVF AB

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

Kevin Nelson
TissueGen

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

Ashok Desai
Bombay Textile Research Association

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sonam & Paras Modi
SVA

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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