Seomsanryeon "Holding Demand-Customized New Material Collection"
[Asia Economy Reporter Yujin Cho] The Korea Federation of Textile Industries (Chairman Sangwoon Lee, hereinafter referred to as KOFOTI) announced on the 20th that it jointly held the '2020 Demand-tailored New Material Collection for Textile and Fashion Companies' with the Korea Textile Import and Export Association.
The event held on the 18th at the Textile Center showcased a large number of new products developed by domestic yarn and fabric companies. This event was conducted in strict compliance with COVID-19 prevention guidelines, including controlling the number of attendees by time slot, multiple registration steps, and limiting consultation times. More than 600 visitors attended, far exceeding the pre-registered 450, demonstrating strong interest in eco-friendly and sustainable textiles.
A survey conducted among visiting buyers revealed that after COVID-19, 77% of respondents chose sourcing mainly from existing partners, 12% opted for new sourcing through online platforms, and 11% used small-scale consultation meetings for sourcing.
In connection with the collection, the '2020 Global Retailer New Material Analysis Seminar' provided an opportunity to access new material analysis information demanded by global brands and the latest development trends of domestic material companies all in one place.
The seminar was held with a minimal number of attendees to maintain social distancing, and instead, it will be uploaded on KOFOTI's YouTube channel to allow more buyers to watch freely.
Hot Picks Today
"You Might Regret Not Buying Now"... Overseas Retail Investors Stirred by News of Record-Breaking Monster Stocks' IPOs
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Mistaken for the Flu, Left Untreated... Death Toll Surges as WHO Declares Emergency (Comprehensive)
- Iranian Stock Market Reopens After 80 Days Following War
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
Director Moonchang Choi of KOFOTI stated, "As new global supply chains are being reorganized due to COVID-19, consumer awareness of eco-friendly products and sustainability is spreading. Despite the difficult situation, we could feel the passionate enthusiasm and earnestness of textile and fashion companies at the new material collection site." He added, "We hope this event serves as an opportunity for our textile and fashion industry to find new breakthroughs and regain vitality in the With-Corona era."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
