TXC8(AfterMT2)

TXC8(AfterMT2) - Ch. 7 Leather and Fur 09:22 Data from the...

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Unformatted text preview: Ch. 7 Leather and Fur 09:22 Data from the National Council of Textile Organization Yarn production o Spun cotton yarn production declined by 24.1% in 1 st qtr of 2009 from 1 st qtr of 2008 o Manufactured fiber yarn production declined by 31.9% in 1 st qtr of 2009 from 1 st qtr of 2008 o In terms of yarn production, cotton accounts for 33% of the yarn produced vs 67% for manufactured fiber yarn production-US textile plant closing Textile Trade Shows Interstoff in Germany is gone; the company (Messe Frankfurt) is now doing Texworld Paris in Europe, Texworld USA (largest industry show in US) in NY, and Interstoff Asia in HK etc. Premiere vision in Paris focuses on better, bridge and designer fabrics Ideacomo in Como, Italy focuses on silk but has some cotton, wool and manufactured fiber textiles (luxury and innovative fabric collections) Fabric at MAGIC and the international fashion fabric exhibition in the US are both gone; sourcing at MAGIC includes apparel manufacturers, mills, trim and components suppliers and textile print design/print studios Worth Street Textile Market Rules Guidelines for the purchase, sales and use of textiles and related products; the document is referred to as Worth Street rules b/c Worth Street in NY has been home to major textile companies Ex. Apparel manufacturers should accept fabric shipments up to 15 days after promised delivery date Leather and Fur Common characteristics o High degree of skill involved in treating material o Slow process o Great variation in quality and availability of materials (decrease in US consumption of red meat = decrease in cowhides available in country) Leather Order needs 8-16 month adv. Notice Leather industry suffer less abuse than fur from PETA as leather is mainly by- product of meat packing industry Types of Tanneries Reg. or integrated o Buy and process skins and hides into leather and sell the leather Contract o Process skins and hides for converters but not involved in final sale of leather Converter o Buy skin and hides o Commission contract tanneries to process o Sell the finished product to manufacturers Categories of leather Almost all leather comes from cattle but the hides and skins of many other animals are also used in fashion apparel9 major categories of leather Cattle-steer, cow, bull Sheep and lamb Goat and kid Equine Buffalo Pig and hog Deer Kangaroo and wallaby Exotic leathers Aquatic-frog, seal, shark, walrus Land-camel Reptile-alligator, lizard Rapid decline in alligator hide marked with econ downturn; 2 yrs ago hide=$57/ft to overseas buyer; drop to $44/ft last yr.; now processors having hide=$57/ft to overseas buyer; drop to $44/ft last yr....
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TXC8(AfterMT2) - Ch. 7 Leather and Fur 09:22 Data from the...

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