logo
Texworld Apparel Sourcing Paris announces 1,300 exhibitors for September

Texworld Apparel Sourcing Paris announces 1,300 exhibitors for September

Messe Frankfurt's Paris event takes place from September 15 to 17 at Le Bourget, with Texworld featuring over 600 materials manufacturers, and Apparel Sourcing just as many clothing and accessories suppliers.
This edition, which will be held in halls 2, 3, and 4, will be largely made up of companies from China, Turkey, India, South Korea, and Taiwan.
Introduced in February, the "Initiatives by Texworld" area, dedicated to innovative and inspiring approaches, will be back. The apparel offering has gained strength once again compared to the 465 companies gathered at the beginning of the year. This is occurring against the backdrop of Asian production previously destined for the United States being redirected towards Europe, provoking a desire for local sourcing on the Old Continent.
'In the context of the economic tensions we've been experiencing for several months, this year's edition reflects the recomposition of supply chains,' explained Julien Schmoll, marketing and communications director at organizer Messe Frankfurt France. 'Overall, we're witnessing an increase in the supply of finished garments, a resurgence of countries such as China and India in search of secure commercial outlets, and the emergence of new horizons for near sourcing, product innovation, and diversification. Our role is to provide buyers with the best solutions to address these movements.'
The show will once again feature its Leatherworld area dedicated to leather and leather products, as well as Avantex, an international zone dedicated to innovative and sustainable solutions for the fashion industry. This area has now been expanded to include some thirty companies, which will be exhibiting in close proximity to the trend areas and the conference agora.
Presentations and round tables will follow one another over the three days of the show. Discussions will focus on the transformation of the industry, circularity, and natural materials, as well as the impact of artificial intelligence on the sector, consumer trends, and new European regulations.
The previous editions of Texworld Paris and Apparel Sourcing Paris, held from February 10 to 12 at Le Bourget, attracted 8,500 visitors. This represents a 10% increase over the February 2024 session.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mercedes sees profits slump by more than half amid US tariff turmoil
Mercedes sees profits slump by more than half amid US tariff turmoil

Euronews

time2 hours ago

  • Euronews

Mercedes sees profits slump by more than half amid US tariff turmoil

Mercedes-Benz said in an earnings update on Wednesday that its net profit had plummeted from €6.1 billion to €2.7 billion in the first half of 2025, a 56% year-on-year drop. It added that, in the second quarter alone, net profit dropped by an even greater 69%, while revenue was down 10% year-on-year. EBIT (earnings before interest and taxes) and earnings per share have both fallen by a staggering 68%. While profits were dented by one-off costs linked to the firm's "Next Level Performance" cost-cutting plan, Mercedes is also contending with higher tariffs imposed by the US administration. Amid trade uncertainty sparked by President Donald Trump, the German carmaking powerhouse predicted that US tariffs would knock €360 million off its bottom line, with the company predicting 2025 sales well below last year's total. Another problem for Mercedes is slumping quarterly sales in China — normally Mercedes' biggest market. This total fell by nearly 20 % year-on-year as domestic electric car brands got cheaper and more popular. To soften the hit, Mercedes plans to lean even harder on its top end models and keep costs tight. In other words, it hopes that bigger margins on luxury vehicles will offset the smaller number of cars it expects to sell. 'Mercedes-Benz Group now sees Group revenue significantly below the prior-year level based on lower sales expected at Mercedes-Benz Cars and Mercedes-Benz Vans,' the company said in a statement. Trump tariffs For most of this year, European-made cars were imported into the US at a tariff of 27.5%, but after the most recent deal struck between European Commission President Ursula von der Leyen and US President Donald Trump, they will be imported at 15% starting on Friday. Europe's automobile sector directly and indirectly employs a whopping 13.8 million people, providing one in every 16 EU jobs. This makes it the backbone for a large share of household incomes across the bloc, especially in the regions where auto manufacturing hubs are located. Mercedes-Benz CEO Ola Källenius said the firm would have to navigate the altered political environment in the near future by selling more luxury cars and investing in innovation. 'We're adapting to new geopolitical realities by using our global production footprint intelligently and by executing our Next Level Performance programme, which goes beyond efficiency measures, to increase the resilience of our company,' CEO Ola Källenius said in a statement. A new strategy for Mercedes Specifically, the mid-year report highlighted the pivot to research and development (R&D) to create new products and technologies. Carmakers pour about €73 billion annually into R&D, more than any other private sector in Europe. Their breakthroughs then often spill into other sectors, such as batteries, robotics and AI. 'The best response is to stay on course to deliver desirable and intelligent products, while keeping a tight grip on costs,' Källenius continued. Mercedes cars have a strong brand identity and loyalty among consumers who were drawn to their robust engines and high-end, sleek designs, citing reliability and durability. The company is a top-five player in the global carmaker ranking in terms of revenue, along with two other German companies, Volkswagen and BMW. In the luxury market, it ranks second globally behind BMW. Motor-vehicle ownership taxes alone inject roughly €428bn a year into EU treasuries, a revenue stream that is critical for public services and larger than the entire annual EU budget.

Footwear: Portugal bets on innovation to gain foothold in new segments
Footwear: Portugal bets on innovation to gain foothold in new segments

Fashion Network

time3 hours ago

  • Fashion Network

Footwear: Portugal bets on innovation to gain foothold in new segments

Home to one of Europe's leading footwear production clusters, Portugal is sought after above all for its leather shoes, which in 2023 accounted for 71% of its exports. The sector not only aims to go further by diversifying the destination of its production but also intends to multiply its growth options. To this end, it has invested in technological development to strengthen its presence in segments such as technical and professional footwear. Industry looks to technical and professional footwear for growth With its sights set on these segments, the industry aims to double exports of technical footwear to reach 100 million euros by 2030. Reinaldo Teixeira, president of the Footwear Technology Center, stressed in a statement issued by APICCAPS that "Portugal already has all the conditions to establish itself as a benchmark in the development of technical footwear," adding: "We have the knowledge, the installed capacity, and we are prepared to expand our offer, even in the military segment." The military segment is, in fact, one of the sector's big bets in the field of professional footwear. Luís Onofre, president of the Portuguese Association of Footwear, Components, Leather Goods and Their Substitutes (APICCAPS), believes that the expected increase in investment in defense, considering the current world scenario, represents "an opportunity" for the sector. "Portugal has a long tradition of supplying the main European security and military forces," he recalled, adding that the "reinforcement of NATO countries' defense budgets could be an opportunity" for the Portuguese industry. Sector invests 50 million euros with FAIST project As this is a more demanding segment in technical terms and in terms of certifications, in order to consolidate and expand its horizons in this type of footwear, the Portuguese cluster has invested in initiatives that cover the industry as a whole. The FAIST (Acronym for Agile, Intelligent, Technologically Sustainable Factory) mobilizing project was born precisely with the aim of developing cutting-edge technology capable of providing companies with the best technical solutions to respond to the market. As part of the PRR (Recovery and Resilience Program), it brings together 44 partners and brings with it an investment of 50 million euros to enrich the sector "with innovative technologies, processes, and sustainable materials, increasing its ability to respond to market demands and continuing to make the Portuguese footwear and leather goods industry the most modern in the world." Led by the company Carité and technically coordinated by the CTCP (Footwear Technology Center of Portugal), the consortium involved in the FAIST project brings together 14 footwear and leather goods companies, nine component companies, 15 technology-based companies, and six associative entities from the scientific and technological interface, which have come together to invest in the "development of robotic and automated production processes, production management and control software, in parallel with the development and production of new types of ecological and sustainable products." In more precise terms, the consortium has committed to developing 34 pieces of equipment, 20 software solutions, five integrated production lines, more than 15 innovative footwear products and components, and three pilot experimentation and demonstration units. With companies such as Carité and AMF committed to developing technical and professional footwear, particularly using new automated production solutions, or Fernando Ferro developing and producing automation lines to equip the major players in the sector, Portuguese footwear has taken consistent steps to assert itself beyond the boundaries of classic models made from leather. Florbela Silva, FAIST's coordinator, believes that the project "is repositioning the Portuguese footwear industry internationally": "Re-industrialization and the use of high productivity processes are allowing companies to manufacture faster and at competitive prices, managing to enter the large distribution chains, particularly in the more technical segments." An industry with an international outlook In 2024, the Portuguese footwear cluster (which includes footwear, components, and leather goods companies) generated 2.2 billion euros, with footwear accounting for 77% of exports, leather goods (bags and accessories such as belts) for 19% and components for 4%. Exporting 90% of its production to over 170 countries, almost 80% of the sector's output is destined for the European Union, with Germany leading the way (23%), followed by France (19%) and the Netherlands (12%). The efforts to diversify Portuguese footwear have also involved diversifying the countries of destination. Currently, the United States is the largest market for Portuguese footwear outside Europe, accounting for 5.2% of the cluster's exports, which have also invested in Asian and Latin American markets to reduce dependence on Europe and multiply growth opportunities.

Footwear: Portugal bets on innovation to gain foothold in new segments
Footwear: Portugal bets on innovation to gain foothold in new segments

Fashion Network

time4 hours ago

  • Fashion Network

Footwear: Portugal bets on innovation to gain foothold in new segments

Home to one of Europe's leading footwear production clusters, Portugal is sought after above all for its leather shoes, which in 2023 accounted for 71% of its exports. The sector not only aims to go further by diversifying the destination of its production but also intends to multiply its growth options. To this end, it has invested in technological development to strengthen its presence in segments such as technical and professional footwear. Industry looks to technical and professional footwear for growth With its sights set on these segments, the industry aims to double exports of technical footwear to reach 100 million euros by 2030. Reinaldo Teixeira, president of the Footwear Technology Center, stressed in a statement issued by APICCAPS that "Portugal already has all the conditions to establish itself as a benchmark in the development of technical footwear," adding: "We have the knowledge, the installed capacity, and we are prepared to expand our offer, even in the military segment." The military segment is, in fact, one of the sector's big bets in the field of professional footwear. Luís Onofre, president of the Portuguese Association of Footwear, Components, Leather Goods and Their Substitutes (APICCAPS), believes that the expected increase in investment in defense, considering the current world scenario, represents "an opportunity" for the sector. "Portugal has a long tradition of supplying the main European security and military forces," he recalled, adding that the "reinforcement of NATO countries' defense budgets could be an opportunity" for the Portuguese industry. Sector invests 50 million euros with FAIST project As this is a more demanding segment in technical terms and in terms of certifications, in order to consolidate and expand its horizons in this type of footwear, the Portuguese cluster has invested in initiatives that cover the industry as a whole. The FAIST (Acronym for Agile, Intelligent, Technologically Sustainable Factory) mobilizing project was born precisely with the aim of developing cutting-edge technology capable of providing companies with the best technical solutions to respond to the market. As part of the PRR (Recovery and Resilience Program), it brings together 44 partners and brings with it an investment of 50 million euros to enrich the sector "with innovative technologies, processes, and sustainable materials, increasing its ability to respond to market demands and continuing to make the Portuguese footwear and leather goods industry the most modern in the world." Led by the company Carité and technically coordinated by the CTCP (Footwear Technology Center of Portugal), the consortium involved in the FAIST project brings together 14 footwear and leather goods companies, nine component companies, 15 technology-based companies, and six associative entities from the scientific and technological interface, which have come together to invest in the "development of robotic and automated production processes, production management and control software, in parallel with the development and production of new types of ecological and sustainable products." In more precise terms, the consortium has committed to developing 34 pieces of equipment, 20 software solutions, five integrated production lines, more than 15 innovative footwear products and components, and three pilot experimentation and demonstration units. With companies such as Carité and AMF committed to developing technical and professional footwear, particularly using new automated production solutions, or Fernando Ferro developing and producing automation lines to equip the major players in the sector, Portuguese footwear has taken consistent steps to assert itself beyond the boundaries of classic models made from leather. Florbela Silva, FAIST's coordinator, believes that the project "is repositioning the Portuguese footwear industry internationally": "Re-industrialization and the use of high productivity processes are allowing companies to manufacture faster and at competitive prices, managing to enter the large distribution chains, particularly in the more technical segments." An industry with an international outlook In 2024, the Portuguese footwear cluster (which includes footwear, components, and leather goods companies) generated 2.2 billion euros, with footwear accounting for 77% of exports, leather goods (bags and accessories such as belts) for 19% and components for 4%. Exporting 90% of its production to over 170 countries, almost 80% of the sector's output is destined for the European Union, with Germany leading the way (23%), followed by France (19%) and the Netherlands (12%). The efforts to diversify Portuguese footwear have also involved diversifying the countries of destination. Currently, the United States is the largest market for Portuguese footwear outside Europe, accounting for 5.2% of the cluster's exports, which have also invested in Asian and Latin American markets to reduce dependence on Europe and multiply growth opportunities.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store