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Article: Wool prices are lower at Japan textile show. (Japan Wool Textile Exhibition)
- Article from:
- WWD
- Article date:
- September 8, 1989
- Author:
CopyrightCOPYRIGHT 1989 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WOOL PRICES ARE LOWER AT JAPAN TEXTILE SHOW
NEW YORK -- Declining wool yarn prices and a stronger dollar against a weaker yen have combined to lower Japanese woolen fabric prices this year, according to exhibitors at the '90 Japan Wool Textile Exhibition at Parsons School of Designs here. The decrease is making Japanese fabrics more attractive to U.S. buyers.
The three-day Japanese fabric showcase, which highlights fall-winter 1990 woolens and blends, ends today.
"Our prices have been reduced 20 percent because prices of yarns are down about 30 to 40 percent," said Kazutaka Noda, sales director of Nodaken Woolen Textile Co., Ltd., Ichinomiya City, ...