Home / Knowledge / News / Textiles / Demand for Swiss clothes again grows in the US

Demand for Swiss clothes again grows in the US

30
Apr '08
There are certainly some happy faces at the Swiss Textile Federation. Following on from its success in 2006, the Swiss textile and clothing industry has again closed the 2007 financial year on a high thanks to the favourable economic climate.

Sales in the sector rose by 5.1% to CHF 4.34 billion. Exports also rose by 5.1%, reaching CHF 4.41 billion, and imports were valued at CHF 8.78 billion, an increase of 7%.

The year again saw more clothing being exported to the US than Germany. The number of jobs in the sector grew by 3.8%. And a new contact office in Moscow will help the industry tap into the Russian market.

The demand for Swiss clothes has again grown in the US. So much so that Swiss manufacturers again supplied more items of clothing to the United States than Germany in 2007.

In 2006 our northern neighbour was our main customer. Now the US, as in previous years, is leading the field again – even if its lead is only slight.

The following rankings are occupied by Italy, Japan and France respectively. Max R. Hungerbühler, President of the Swiss Textile Federation, believes that the consistent strategy pursued by the Swiss textile and clothing industry has paid off.

Positive results expected in 2008:
For years, this strategy has been unflinchingly based on specialist know-how and innovation. But another key aspect is the ability to recognise trends early on and to always be a crucial step ahead of the competition when it comes to special products.

Only through this approach are Swiss companies able to brave the huge pressure of pricing and margins on the global market and growing competition from low-wage countries.

So the sector is feeling well prepared and looking to the future with confidence. Despite the worsening economic climate, it is expecting another positive result this year.

All figures well in the black:
Last year the Swiss textile and clothing industry recorded sales of CHF 4.34 billion, an increase of 5.1% on the previous year. Exports also rose by 5.1% to a value of CHF 4.41 billion.


Interviews View All

Mohammad Mamun Ar Rashid, UL VS Bangladesh Ltd

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Yash Maniyar, Rekha Maniyar

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Abhishek Ganguly, Puma India

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Rushiraj Mulani,

Rushiraj Mulani

The Shradhdha Group of companies was established in 2010 and is based out...

Iacopo Pardini,

Iacopo Pardini

Founded in 1953, Italian engineering company Arioli Spa started...

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Alfonso Marra, Klopman

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

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.

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search