Japanese textile trading company strengthens fabric development
Affected by factors such as rising prices of raw materials and crude oil in the international market, the OEM processing performance of Japanese professional textile trading companies has fallen into a downturn. In order to reverse this situation, many companies have begun to strengthen the research and development and production functions of fabrics. Professional textile trading companies hope that fabric development can make up for the company’s losses in OEM processing business and seek development space in a harsh market environment.
Toray International Corporation established the “Textile Development Group” on June 1, mainly responsible for the research and development of fabrics and sewn products using Toray Group’s fiber products as raw materials. The company clearly stated in its mid-term plan that the total sales volume of the clothing business will be increased from 44 billion yen in 2007 to 63 billion yen in 2010. In 2007, the underwear fabric Sitotec jointly developed by Toray Group and UNIQRO was a great success. As a result, Toray International came up with the idea of strengthening fabric research and development, including ski clothing fabrics.
In order to strengthen the functions of the Harajuku Garment Division, Tamurakom Company has set up a “fashion branch” since March this year, added computer-aided design equipment, and added fabric designers. The company plans to attract more consumers through ready-to-wear while strengthening fabric development and sales.
NI Teijin Shoji Co., Ltd., which mainly produces heavy fabrics, cooperated with Teijin Fiber Co., Ltd. within the group to develop “eco-friendly fabrics” for men’s suits and began selling them to the U.S. market. Starting this year, NI Teijin will sell related products to men’s clothing specialty chain stores in Japan, and at the same time strengthen its hand-sewing business in China and Vietnam.
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