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Denim shows in Japan, Vietnam & India in 2020

29
Nov '19
Pic: Denimsandjeans
Pic: Denimsandjeans
Denimsandjeans has recently announced the show dates of upcoming seasons for 2020. The Japan show, as already announced, will take place on March 4-5, and now the shows in Vietnam and India have been announced. The 5th edition of Vietnam show will be held in Ho Chi Minh City on May 28-29, while the 4th edition of India show will be held on July 8-9. 
 
Considering the encouraging feedback of last shows, organisers are expecting both the shows to be bigger and better. Vietnam has been becoming one of the most favourable and important sourcing destinations, especially for the US and EU buyers. Vietnam has signed a free trade agreement (FTA) with Europe, which will create much greater interest from buyers in the EU. A large number of garment exporters are expected to join the Denimsandjeans show in 2020 as the show has gained more traction. 
 
Amid the trade war between China and the US, Vietnam has gained a lot as many buyers shifted their orders to Vietnam. In addition, many Chinese companies are setting up their units in Vietnam to avoid the trade war impact. 
 
The average growth of the apparel export of Vietnam in the last 10 years has been 14.6 per cent and it has become the fastest-growing apparel exporter in the world, according to WTO-UNCTAD estimates.
 
Vietnam has currently about 6,000 garment related companies that employ 2.5 million people. These companies cumulatively exported $31 billion worth of clothing and textiles in 2017.
 
As far as India is concerned, denim has been one of the apparel segments that has seen the maximum growth in the last decade. In the last ten years, the growth has been over 10 per cent per annum, making the country the second-largest consumer of denim after China. Though there has been a correction of late, but innovative products still command a premium in the Indian market.  
 
"Previous editions of both the shows were well received and the industry embraced these shows very well as both are focused and niche. The prime attraction of these shows has been the visits of decision-makers from domestic as well as international brands and the presence of almost all who matter in the industry. The knowledge sessions by international experts on important issues also create great interest among the professionals who seek to upgrade their knowledge," according to the organisers of these events. 
 
The registration is expected to be opened for the visitors by the end of first week of December.
 

Fibre2Fashion News Desk (RKS)


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