Connect with us

Fashion

Trump tariffs cut into China sales of US firms: AmCham Shanghai survey

Published

on

Trump tariffs cut into China sales of US firms: AmCham Shanghai survey



Volatility in the US-China trade relationship has dragged optimism in the business environment, headquarter prioritisation of the China market and future revenue expectations to record lows, according to the American Chamber of Commerce (AmCham) Shanghai’s 2025 China Business Report.

However, China’s efforts to demonstrate its continued openness to global business have yielded significant improvements in metrics related to the regulatory environment, it noted.

Seventy-one per cent of respondents were profitable in 2024, an improvement from 2023’s record low of 66 per cent. Profitability varied widely by sector; 80 per cent of manufacturers and 69 per cent of retailers were profitable.

Volatility in US-China trade ties has dragged optimism in the business environment, headquarter prioritisation of the China market and future revenue expectations to record lows, a survey by AmCham Shanghai found.
Just 45 per cent of respondents expect revenue to rise in 2025.
Forty-one per cent of them are optimistic about the five-year business outlook, with the rate lowest for manufacturers.

Fifty-seven per cent of respondents saw higher revenue in 2024 than in 2023, up from 50 per cent in the previous survey.

Sixty-four per cent of companies expect new US-China tariffs to drag on their 2025 revenue performance. As a result, just 45 per cent anticipate revenue to increase this year. This would be a record low if realised.

For the fourth consecutive year, the rate of respondents optimistic about the five-year business outlook in China hit another historic low. Now, 41 per cent of respondents express any optimism, with the rate lowest for manufacturers (36 per cent) and highest for retailers (51 per cent).

Twelve per cent of respondents ranked China as their headquarters’ top investment destination, also the lowest in the survey’s history.

Forty-eight per cent of respondents said that the regulatory environment was transparent, a 13-percentage point (pp) jump from last year. When asked about obstacles from regulatory challenges, members reported less hindrance across all options.

Over a third of respondents say that Chinese government policies and regulations toward foreign companies have improved in the past few years, 4 pp higher than 2024. Accordingly, 41 per cent say they are confident in China opening up further, a jump from 22 per cent last year.

Members continued to rank the US-China relationship or geopolitical tensions more broadly as the biggest challenge to their China operations and to China’s economic growth. Trade turbulence is weighing on willingness to invest in China and leading firms to double down on risk mitigation strategies, a release from the chamber said.

Forty-eight per cent of respondents urged the US government to completely remove all tariffs and non-tariff barriers on Chinese goods. Another 33 per cent want the removal of April’s reciprocal tariffs and other additional tariffs like the 20-per cent fentanyl tariff.

Members also oppose retaliatory duties, with 42 per cent calling on the Chinese government to remove all tariffs and non-tariff barriers on US imports and an additional 34 per cent hoping for a return to the most favoured nation rate.

If the US revokes China’s Permanent Normal Trade Relations status, 69 per cent of members anticipate negative effects. Companies in the manufacturing sector would bear the brunt, with 78 per cent expecting adverse effects compared to 59 per cent for retail.

Twenty-three per cent increased investments while a record-high 26 per cent cut investments in China. This year, 22 per cent are expecting to raise their China investments and 25 per cent will reduce that.

More companies are limiting their investment exposure to China in response to the changing geopolitical and economic situation; only 39 per cent will not have any China investment limits, down from 45 per cent last year and 50 per cent in 2023.

Companies are shock-proofing supply chains and bifurcating US and non-US strategies in response to global trade tensions. Of those with supply chains, nearly half are making significant adjustments in response to recent tariffs by shifting the sources of US-bound products or building in redundancy.

In the past year, 47 per cent of companies have redirected planned investments away from China, the highest level since this question was first asked in 2017. Southeast Asia remains the top destination for rerouted investment as well as for operations that are moved out of China.

Fibre2Fashion News Desk (DS)



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fashion

The Denim Institute and Museum will open its doors in Los Angeles in June 2026

Published

on

The Denim Institute and Museum will open its doors in Los Angeles in June 2026


Published



September 11, 2025

Founded by Jonny Saven and Loren Cronk, The Denim Institute and Museum will open its doors next June in Downtown Los Angeles’ Gerry Building. The two men have collaborated for decades with brands such as Levi’s, Ralph Lauren, L’Agence, Diesel, and Wrangler. Saven, known for his leadership in fashion and business strategy, serves as lead advisor, while Cronk — one of the industry’s most respected denim creatives — oversees design and operations. Together they’re building an 11,000-square-foot institution in LA’s Fashion District to protect denim’s heritage and shape its future.

Loren Cronk and Jonny Saven, founders of The Denim Institute and Museum, Los Angeles – DR

FashionNetwork.com: When did the Denim Institute and Museum project first start?

Loren Cronk : I first approached Jonny Saven, co-founder of The Denim Institute and Museum and CEO of L’Agence about six or seven years ago with the idea of a short-course denim school. At the time, I owned a boutique in Brooklyn where we made custom jeans, handled repairs and alterations, and sold our ready-to-wear brand, Blksmth Denim. Our open sewing studio often drew curiosity from customers who asked if we offered classes in hemming, repair, or even jean-making. We didn’t but the idea stuck with me. When I later moved to LA to explore opening another store. I knew this city was the right place to bring the concept to life. It wasn’t until 2020, when Covid forced me to close my business, that I fully committed to developing it. 

FNW : With the idea of offering a place that is both an institute and a museum?

L.C.: Over the past four years, Jonny and I have refined the idea into what it has become today: a denim hub with a short-course school and learning center focused on a sustainable future. And we realized that if we going to teach denim, we can’t do it without sharing its history. At the heart of it all is the denim Museum, wich completes The Denim Institute & Museum. 

FNW: Had no one else in the denim industry thought of this project before you?

L.C: Not that I know of. Some brands have created small museums. For example, Lee once displayed its history in Kansas City, and Levi’s has its story featured in the lobby of Levi Plaza in San Francisco. But for us, the museum component is a central part of The Denim Institute and Museum. It’s not just about one brand; it’s about the history of denim as a whole. Of course, certain brands have had a bigger presence and impact, but ultimately this is about the entire denim community – the “legacy brands” and all those that followed. The story of denim is simply too rich not to have a place where everyone can come to experience it.

FNW: The Denim Institute and Museum will be located in the Gerry building in Downtown. How did you find and choose this location?

L.C.: One of our business advisors introduced us to the owners, we pitched them our idea and as some of their background was rooted in fashion, they welcomed the idea.

Artistic renderings of the future Design Institute and Museum
Artistic renderings of the future Design Institute and Museum – DR

FNW: Was the location in Downtown, where the retail sector is struggling, a natural and obvious choice?

L.C.: We felt it was important to place this project in the heart of the Fashion District in Downtown. It’s a beautiful part of the city that needs more business and investment, and we’re excited to bring a project that not only shares denim’s history but also helps revitalize the area. We hope the city will support not only initiatives like ours, but also broader growth and development that can strengthen the entire community.

FNW: How was this project financed?

L.C.: As a non-profit, we’re currently in our fundraising phase. While the economic climate can make this a challenging moment, the response we’ve received has been overwhelmingly encouraging. Nearly everyone we’ve approached has wanted to be involved in some way, whether through support, collaboration, or simply helping to spread the word. The vision for Denim Institute and Museum has proven to be an easy one to share – people immediately understand its value and want to see it succeed – and that positivity has given us great momentum as we move forward.

FNW: What values and missions did you want to incorporate into it?

L.C.: The Denim Institute and Museum is dedicated to preservation, education, and innovation. As a world-class museum and educational hub, it documents and celebrates denim’s rich history and cultural significance. Through its immersive exhibits and short-course denim school, it empowers students, scholars, industry professionals, and enthusiasts to explore denim’s roots, and shape its future. 

FNW: In the museum section, you will present denim master pieces under the banner of ‘Legacy Brands’. What criteria were used to select those brands?

L.C: We have identified 25 global brands that will make up our Legacy Brand Hall, the first place visitors will experience. This hall will present a chronological timeline beginning with Levi’s, moving through the pivotal brands that followed, and carrying the story into the late 1980s. Each legacy brand will have a dedicated exhibit, giving them a platform to share their history and impact in depth. Beyond the Legacy Brand Hall, visitors will discover hundreds of additional brands – from the explosion of premium denim during the Y2K era to influential Japanese and European brands, designer labels, as well as rare and collectible names. The museum will also feature rotating seasonal exhibits, such as “Rock Stars in Denim” or “Women in Denim Workwear During WWII”, ensuring there is always something new and relevant to explore. 

Artistic renderings of the future Denim Institute and Museum
Artistic renderings of the future Denim Institute and Museum – DR

FNW: What types of events and exhibitions will the public be able to attend?

L.C.: We’re building an ambitious calendar of events designed to engage the industry and the public. Highlights include a Jean Makers Festival, where ten designers compete to create the most extraordinary pair of jeans, and Chainstitch Embroidery Art showcases celebrating denims as a canvas for creativity. We’ll host sustainability forums with leading companies sharing how the industry is working toward a more responsible future, as well as special gatherings like a Denim Gala and Denim Auctions. Interactive features will make the experience even more fun: an ’80s-themed-photo booth with outfits for guests to try on and share on social media, a denim recycling drop-off station sponsored by major mills and even a laser design studio where visitors can customize denim in real time. There are just a few of the engaging, innovative experiences we have planned to bring denim’s story to life.

FNW: Will young designers working with denim also be highlighted?

L.C.: We’ll most definitely feature young designers that are making an impact in the market. Along with makes, unique individuals who make custom one off pieces.

FNW: What type of scenography did you opt for?

L.C.: Overall, the mood will reflect classic museum aesthetics with modern touches. We’ll be paying close attention to the space and flow, using lighting and sound to shape the atmosphere. The overall mood and visitor experience are central to our vision and will receive significant focus throughout the design process.

FNW: The Denim Institute and Museum will also include the Los Angeles School of Denim. What will be taught there?

L.C.: We are focused on short, workshop-style courses designed to give students both knowledge and hands-on experience. Examples include “Day Denim Deep Dive”, an intensive overview covering the entire journey of denim, “Week Beginner’s Jean-Making Course”, “Week Expert Jean-Making Course”, “Day Apparel Business Course” and more. These short courses are designed to be immersive, practical, and accessible, giving participants a meaningful entry point into the world of denim.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

Global Sourcing Expo to return to Melbourne this November

Published

on

Global Sourcing Expo to return to Melbourne this November



This November, Melbourne will once again transform into the heart of global trade as the Global Sourcing Expo returns to the Melbourne Convention and Exhibition Centre (MCEC) from Tuesday 18 – Thursday 20 November 2025. Recognised as the leading sourcing marketplace in the region, the Expo connects international manufacturers and suppliers with thousands of Australian and New Zealand buyers, offering unparalleled opportunities for business growth, trend discovery, and global networking.

The 2024 Melbourne edition welcomed 900+ exhibitors from over 20 countries and regions, attracting 4,700+ professional attendees — a 24% increase from the previous year. This strong growth underscores both the Expo’s influence and the growing demand for in-person sourcing opportunities.

The 2025 edition is set to exceed expectations, drawing more than 5,000 buyers, designers and decision-makers who are ready to discover, compare, and partner with international suppliers.

An Invitation to the World’s Exhibitors

For manufacturers and suppliers worldwide, the Global Sourcing Expo Melbourne is more than just a trade show — it is a gateway to the Indo-Pacific market, one of the fastest growing consumer regions in the world. By showcasing in Melbourne, businesses gain direct access to decision-makers from Australia and New Zealand who are actively seeking quality, scale, and innovation across key categories: apparel, textiles, home furnishings, footwear, and accessories.

Unlike digital platforms or online showrooms, the Expo delivers what no screen can replicate: face-to-face interaction with qualified buyers. Exhibitors can expect to:

  • Showcase craftsmanship live – from fabrics and finishes to full product lines.
  • Hold real-time discussions on MOQs, certifications, lead times, and logistics.
  • Receive immediate buyer feedback to tailor offerings for the region.
  • Build long-term business relationships with retail and wholesale partners.

The Expo positions businesses in front of buyers who value trust, quality, and innovation — helping establish a foothold in the region and opening doors into some of the most dynamic retail markets in the Indo-Pacific.

One international exhibitor from 2024 reflected: “The event was exceptionally well-organized, and the support from the team was outstanding. From the smooth setup to the seamless logistics throughout, everything was handled professionally, allowing us to focus on showcasing our products. The venue was excellent, and the foot traffic was great, leading to valuable interactions and exposure. I’m looking forward to participating again in future events!”

With exhibition stands filling quickly, overseas businesses are encouraged to secure their space early and position themselves at the forefront of the region’s sourcing scene.

Your Gateway to Global Suppliers

For visitors, the Global Sourcing Expo offers an unmatched opportunity to explore products, discover trends, and meet suppliers directly. The ability to physically interact with materials and products remains a central advantage of the event. For buyers, retailers, designers, and sourcing professionals, the Global Sourcing Expo Melbourne is the most efficient way to access the world’s suppliers in one central location. Whether you are seeking new partnerships, expanding product ranges, or exploring the latest industry innovations, the Expo delivers a sourcing experience that goes far beyond catalogues and online searches.

As one 2024 visitor shared “The best thing about the Global Sourcing Expo was being able to meet suppliers and talk to them directly, along with seeing samples and the quality of their products in person.”

Another attendee noted “The Expo offers networking, exposure to international manufacturers, and the latest trends in the fashion industry, enhancing business opportunities and industry insights.”

Visitors can expect to:

  • Touch and test fabrics, textiles, and finishes firsthand.
  • Gain instant answers and negotiate terms in real-time.
  • Discover new categories and innovations — from sustainable textiles to the latest trends in apparel.
  • Connect seamlessly with peers and industry leaders across the trade floor.

For both buyers and exhibitors, these face-to-face exchanges build trust and confidence, fostering the kinds of long-term partnerships that online platforms cannot deliver.

Spotlight on Knowledge and Trends

Alongside the trade exhibition, the Global Sourcing Seminar Series returns with a curated program of expert-led sessions. The 2025 series will spotlight themes shaping the industry, including Artificial Intelligence, Digital Workspaces, e-Commerce and Online Shopping, Marketing, Sustainability, and so much more. These sessions provide both exhibitors and visitors with insights that extend beyond transactions, helping businesses future-proof strategies in an ever-changing global market.

Adding to the international breadth of the event, the 2025 Melbourne Expo will once again feature the co-located China Clothing Textile Accessories Expo, further expanding opportunities for buyers to access a diverse range of products and suppliers.

From emerging exporters to established industry leaders, the Expo floor will reflect the richness of global trade, all in one central hub in Melbourne.

Event Details & Registration

  • Event: Global Sourcing Expo Melbourne 2025
  • Dates: Tuesday 18 – Thursday 20 November 2025
  • Venue: Melbourne Convention and Exhibition Centre (MCEC)
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

The Global Sourcing Expo returns to Melbourne’s MCEC on November 18–20 2025, connecting 5,000+ buyers from Australia and New Zealand with global suppliers in apparel, textiles, home, footwear, and accessories.
Featuring 900+ exhibitors, seminars on AI, e-commerce, and sustainability, and the co-located China Clothing Textile Accessories Expo, it offers unmatched sourcing and networking.

Fibre2Fashion News Desk (HU)



Source link

Continue Reading

Fashion

Portuguese brands headline shows at New York Fashion Week

Published

on

Portuguese brands headline shows at New York Fashion Week


Published



September 11, 2025

At a time when the United States’ tariff policy is causing uncertainty worldwide, APICCAPS (Portuguese Association of Footwear, Components, Leather Goods and Related Products Manufacturers) is seeing this moment as an opportunity for the Portuguese footwear sector and guarantees that it will maintain its investment in this market. Among the initiatives it has lined up, it is continuing partnerships between Portuguese brands and fashion designers.

Boots from the “Fictions of reality” collection, the result of the partnership between Patricio Campillo and Mariano Shoes, presented at NYFW in February 2025 – Fotografia: marianoshoes.com

Following a project initiated in previous editions of New York Fashion Week, the association is once again bridging the gap between the two countries, facilitating collaboration between four Portuguese footwear companies and fashion brands, which are showcasing footwear made in Portugal at this edition of the New York fashion week, which kicked off this Thursday and runs until September 16..

The contemporary fashion brand Theophilio, founded by Edvin Thompson, took to the catwalk accompanied by footwear from Gladz, from Oliveira de Azeméis, while JJ Heitor collaborated with Kallmeyer, and the Helena Mar brand, born out of the PC Footwear company, teamed up with Libertine. Meanwhile, Mariano Shoes, founded in São João da Madeira in 1945, once again dressed the models of designer Patricio Campillo, repeating the collaboration from the February edition.

The Portuguese offensive to conquer the US market doesn’t stop there, however, Paulo Gonçalves, spokesman for APICCAPS, explained on the sidelines of the Milan fairs MICAM and MIPEL, where the sector was present with more than 40 companies.

Stressing that the United States is currently the 6th destination for Portuguese footwear, which has doubled its exports to the country in the last decade, Gonçalves believes that, by the end of the decade, this market will be in the top 3. “We are developing a series of initiatives in the United States because we believe it is an absolutely strategic market for the future of our industry. We’re not giving up on this market. On the contrary, we’re going to reinforce our investments in the North American market.”

In addition to the partnership within the scope of New York Fashion Week, the association has invested in its presence at different American fairs and has established a protocol with the Fashion Institute of Technology, the leading fashion college in the United States, based in New York, under which two dozen students will travel to Portugal to get to know the industry.

This article is an automatic translation.
Click here to read the original article.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Trending