China’s Industrial Profits Increase in 2018

According to National Bureau of Statistics of China, profits made by industrial enterprises larger than a designated size totaled 7,518.71 billion yuan in 2017, a year-on-year increase of 21.0%; the growth was 12.5 percentage points greater than in 2016. The revenue from principal activities increased by 11.1% to 116,462.38 billion yuan. Among the 41 branches of industrial divisions, industrial profits increased for 37 divisions, remained at the same level for one, and decreased for three. 2017 profits amounted to 197.65 billion yuan for the manufacture of textiles (up 3.6%), 126.37 billion yuan for that of apparel and ornaments (up 2.9%), and 44.49 billion yuan for man-made fibers (up 38.3%). The

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Renewed Growth in Heimtextil Visitors and Exhibitors

Heimtextil 2018 held from January 9th to 12th in Frankfurt successfully kicked off the new furnishing season with 2,975 international exhibitors and around 70,000 visitors from 135 countries. Detlef Braun, CEO of Messe Frankfurt, says, “With growth on both the visitor and exhibitor side, Heimtextil has convinced across the board and underpinned its unique position as a world-leading trade fair.” According to Braun, the 70,000 visitors, including representatives from the retail and wholesale trade, interior decorators, design, architecture and interior design, the hotel industry and industry, were able to benefit from the fair’s unique range of products and inspiration. The quality of visitors was again outstanding. Almost three quarters of

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Lectra Acquires Kubix Lab

Lectra announces the signing of a share purchase agreement to acquire the entire capital and voting rights of the Italian company Kubix Lab. Founded at the end of 2015, Kubix Lab has developed a cutting-edge technological offer called Link. This offer enables fashion brands to manage, from end-to-end, all product information deriving notably from multiple IT systems (ERP, PDM, PLM…), within one single application. Users can modify, enrich or add new data, while maintaining data synchronization with all IT systems. In just a few months, Link has convinced over ten high-end Italian brands of its value. “We were particularly impressed by the relevance of the solution created by Kubix Lab,”

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