At the New York Fashion Week 2015 which began yesterday, a delegation from China’s fashion and textile industry led by China Textile Information Center (CTIC), which serves China’s huge and growing fashion and textile industry of over 20,000 companies was hosted by WGSN, the global foresight business specializing in consumer, fashion and design trends and insights.
The delegation comprised of some of the country’s largest garment manufacturers and up-and-coming apparel retailers. More than 20 representatives are part of the China’s fashion and textile industry delegation.
While in New York, the Chinese delegation will gain deeper insights about the U.S. fashion industry and meet with the New York City Economic Development Corporation (NYCEDC) to explore opportunities for investment in the U.S. and China.
The delegates will attend informational sessions at WGSN, King & Partners and Parsons The New School For Design. They will also attend the annual Parsons MFA Fashion Runway Show on September 16, 2015, proudly sponsored by WGSN.
This is a unique occasion for leaders of the Chinese apparel and textile industry to immerse themselves in the U.S. fashion industry, and a mutually beneficial opportunity to discuss the enormous potential for growth and investment, said Sun Ruizhe, vice president of CNTAC (the National Textile Apparel Council of China) and chairman of CTIC.
Eric Johnson, Director Fashion and Arts Teams, New York City Economic Development Corporation said that NYCEDC is looking forward to a meaningful dialogue in support of their mission to realize New York City as the global model for inclusive innovation and economic growth, and facilitating investments that grow and diversify the City’s local manufacturing community.
Earlier this year at Cannes Lions, WGSN and parent Top Right Group announced a joint venture with CTIC and WGSN China to accelerate business growth in the Chinese market. WGSN has operated in China since 2005, where it offers the full suite of WGSN products and trend services provided in Chinese. It already has more than 500 companies as clients acquired in partnership with CTIC that include fabric manufacturers, retailers, consumer electronics firms and entertainment companies. Part of the National Textile Apparel Council (CNTAC), CTIC is the key operational arm, established to develop and promote the Chinese domestic and international textile industry.
Jose Papa, CEO of WGSN said that they are proud to host some of China’s most important textile companies during one of the most important events on the U.S. fashion calendar. The excitement and vibrancy of Fashion Week will set the perfect stage to learn about each other’s diverse and rapidly advancing fashion and retail industries.
At WGSN, the clients are inspired to plan and trade their range with unparalleled confidence and accuracy. Together, they create Tomorrow.
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