Home / Knowledge / News / Textiles / Italian textile machinery orders fell 19% in Q2: ACIMIT

Italian textile machinery orders fell 19% in Q2: ACIMIT

Jul '19
Italian textile machinery orders fell 19% in Q2: ACIMIT
Italian textile machinery orders fell by 19 per cent for period April-June 2019 compared to same period in 2018, according to Association of Italian Textile Machinery Manufacturers (ACIMIT). The index orders value came in at 84 basis points. ACIMIT represents an industrial sector that comprises roughly 300 manufacturers producing machinery worth €2.5 billion.

Orders for Italian machinery manufacturers were negative in foreign markets, with a 21 per cent decline and an absolute index value of 78.6 basis points. On the domestic front, orders remained stationary compared to the second quarter 2018. The absolute index value came in at 140.1 basis points, said ACIMIT in a press release.

“The orders index as compiled by our economics department perfectly reflects the situation that we as entrepreneurs have found in many markets in this first part of the year. The uncertainty due to a tension-laden geopolitical situation was further weighed down for our sector by the awaiting of ITMA, the world’s premier textile machinery fair, which took place in Barcelona last June,” said ACIMIT president Alessandro Zucchi.

“ITMA is our industry’s main showcase, held every four years to present the most innovative textile technology solutions,” added Zucchi. “Many of our customers have postponed investments to await news presented at the fair.” (PC)

Fibre2Fashion News Desk – India

Must ReadView All

Pic: University of Cambridge

Textiles | On 25th Aug 2019

Climate change to shrink GDP of all nations alike: study

Virtually all countries-rich or poor, hot or cold-will suffer...

Pic: Curve-Newyork

Textiles | On 25th Aug 2019

Curve sees over 250 leading intimate apparel brands

Over 250 leading intimate apparel brands showcased their products at...

Pic: Gap Inc

Apparel/Garments | On 25th Aug 2019

Gap Inc net sales down 2% to $4 bn in Q2 2019

Gap Inc, a global retailer offering clothing, accessories, and...

Interviews View All

Frank Gossmann, Rotorcraft AG

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Representatives, Textile & apparel industry

Textile & apparel industry

GST is a complicated and lengthy process

Ghanshyam Ghoghari, Kimora Fashion

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Jash Choraria,

Jash Choraria

Established in 2015 by <b>Jash Choraria</b>, Unifynd is a Mumbai-based...

Marcus Hardelauf,

Marcus Hardelauf

Germany-based Textechno is one of the leading manufacturers of testing...

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Justin Chan & Shyam Gollakota, University of Washington

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Sonam & Paras Modi, SVA

Sonam & Paras Modi

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


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

August 2019

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

news category

Related Categories:

Advanced Search