Spanish Textile Industry Seeks New Business Opportunities

For the existing manufacturers, they must continue to take innovative measures, such as Zara, Mango, Cortefiel and other clothing chain stores are actively diversifying, not just focus on logistics or factory relocation, such as co branding or brand alliances, even outlet, and Internet sales to find new niche markets.

According to 2010.12.6. Fashion United, 4647 textile manufacturers in 30% of Spain's textile industry have disappeared from 2004 to 2009 due to the import of textiles from mainland China.

Among them, Navarra's textile industry vanished at most 43.7%, followed by katli, which disappeared 37.4%, Catalan autonomous region 37.5% and Extremadura 37.2%.

In addition, the closing rate of manufacturers in Basque, Madrid, Galicia and Canary Islands is lower than the national average (29.4%).

The EU's imports of textiles from mainland China have grown 308.5% over the past 10 years, with the largest growth rate in Romania, Slovakia, Latvia, Hungary and Bulgaria, while Spain is 278%.

In the recent 2 years in the Catalan autonomous region, the number of textile practitioners has decreased by 15 thousand. Compared with the automotive industry, the textile industry has been able to adapt itself to the crisis and find new business opportunities. For example, the Sedatex weaving factory was established in 1886. In 2004, to meet the needs of customers, the Pact 04 department was also set up to provide large factories or dealer design services such as Inditex. At present, there are production and quality control departments in Eastern Europe, North Africa and India, with an annual revenue of 20 million euros.

In addition, it is the cooperation and alliance of manufacturers that the definition of traditional settlement must be expanded not only by geographical links, but by the common pursuit of business and common strategies and competitiveness of all manufacturers.

In terms of competitiveness, we should produce high quality products, build brands, and use design to enhance value and sell online.

The target market for Spanish manufacturers is also mainly in mainland China. For example, Mango will add 300 stores to mainland China in Ming (2011), half of its new stores this year, and Desigual currently has three stores in Singapore. It is expected to open two stores in mainland China in the next two years, and other companies wishing to locate in mainland China include: Munich, Pronovias and Rosa Clara.

Spain today (2010) from August to 1 textile exports amounted to 5 billion 344 million 500 thousand euros, an increase of 5.9% over the same period (2009), but the import and export trade is still in deficit.