Home / Knowledge / News / Apparel/Garments / Yiwu clothing cos woo Iraqi buyers

Yiwu clothing cos woo Iraqi buyers

04
Jun '08
It has been noted that textile and clothing enterprises of Yiwu city, Zhejiang Province, are attracting more and more foreign clients. This is cutting into the market share of other provinces, especially those in Western regions.

For instance, buyers from Iraq had planned to spend a whopping US $1 billion at the recently concluded 2008 China Chongqing Global Sourcing Fair.

However, they realized that products here were much more costly and would require budget of atleast $1.2 billion. Thus, they decided that they would make their purchases at Yiwu city.

Their product list mostly included women's and childrens' wear, accessories as well as embellishments.

Iraq Sulimanni Business Council Chairman, Azad Shamqar, said that the Yiwu city offered chic, and high-quality products at reasonably cheap rates. Besides, in the past, most of Chinese products entered into Iraq via the dealers from Turkey, Dubai and other countries. This made the products costlier by almost 30 percent.

Now, Iraqi traders planned to visit Yiwu personally, and finalize their transaction face-to-face. It has been said that they will also supervise the transport arrangements. This will help reduce expenses and benefit all.

Fibre2fashion News Desk - China


Interviews View All

Top executives, Textile industry

Top executives
Textile industry

The foremost issue is bridging the skill gap

Top executives, Textile industry

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Nitin Bhatia, Trend Arrest

Nitin Bhatia
Trend Arrest

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

Kuldeep Pareek,

Kuldeep Pareek

Italian company Schoch Reeds has been producing high-quality weaving reeds ...

Fabio Grandis,

Fabio Grandis

Italian company Grandis SRL has been operating in the textile industry for ...

Apurva Kothari,

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

Leave your Comments


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search