Indonesian Political, Business & Finance News

Big players in textile and fashion to join Jakarta Expo

Big players in textile and fashion to join Jakarta Expo

JAKARTA (JP): Big players in the world's textile and fashion
industries will take part in Asia Global Sourcing (AGS), an
international textile and apparel exhibition and conference,
which will be held at the Jakarta Convention Center next month.

The show, scheduled for 27 - 27 October, will comprise a
buyers program, a conference and exhibition of the industry. It
will bring together some of the world's leading fashion designers
and garment buyers to meet directly with Indonesian textile
manufacturers.

Ministers and senior officials from seven countries, including
India, Bangladesh, Sri Lanka, Vietnam, the Philippines, Cambodia
and Indonesia have confirmed they will speak at the conference
where players in the industry will discuss issues and solutions
related to problems in the region's textile industry.

Indonesia's big players such as Texmaco, Indorama, Trisula,
APAC, Eratex, Ungaran Sari Garment and other big companies from
China and India have confirmed their participation.

International buyers such as C+A, Tesco, K-Mart, Metro MGE,
Woolworth, Top Shop, Zara, Joe Bloggs, Donna Karan, Jeff Banks,
All Saints, Katherine Hamnett, Miss Selfridge, WareHouse,
Principles, Wallis, J.A. Penny's, HEMA, Playtex have also
confirmed. Many more are expected to attend the event.

A team of independent international management and marketing
experts and the organizers, PT Rantai Expo Internasional and ITE
Group Plc of London, have organized the three-day event, which
focuses on the creativity and dynamism of Asia's textile and
apparel industries.

Chairman of the Indonesian Textile Association Benny Soetrisno
said that the event, one of the largest business gatherings held
in Indonesia since the financial crisis hit the country in late
1997, would be dedicated to the textile and apparel industries of
Asia.

"It also aims to establish itself as a focal point where
various Asian garment manufacturers, textile and accessory brands
will be presented to European and American buyers," he said,

While the exhibition will be promoting the region's dynamic
industries, the conference will focus on all major issues related
to the liberalization of the world textile trade and the third
phase of reintegration of the textile trade within WTO rules.

About 75 percent of the world's apparel production, worth more
than $135 billion per annum, is imported by the U.S., Europe and
Japan. However, last year's apparel exports from Asia showed only
a 5 percent growth compared with a 23 percent growth in South
American exports.

Asia's decreasing share of exports to the key international
markets is a threat to Asia's textile and garment industry sector
as a whole.

"The crucial issue for our sourcing activities in Asia is
always lead time. The complicated triangular transactions between
the supplies of fabrics and accessories to garment processing
currently takes far too much time. AGS 2001 will certainly assist
us in shortening our speed-to-market," said Bonnie Young, Senior
Creative Director and Director of Global Sourcing, Donna Karan
International.

President Megawati Sukarnoputri is also scheduled to take part
in a dinner celebrating the Trade Winds movement - bilateral
trade relations established between China and Indonesia and
between India and Indonesia.

The ambassadors of China and India will also be present at the
dinner, during which the AGS 2001 welcoming committee will pass
the AGS baton to Beijing, as the host of AGS 2002.

Being the first and the only event fully dedicated to the
fashion industry of textiles and apparel in Asia, AGS will open
its doors to the public every day between 13.00 pm and 20.00 pm.

About 250 local and foreign journalists have been invited to
cover the event. Drapers Record of UK, Fashion of Italy,
Germany's TextilWirtschaft, France's Journal du Textil, HK's
Textile Asia are amongst the invited international media
representatives.(hen)

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