Lace producers to take on international markets
Source: Fibre2fashion News Desk Date: 2006-08-23
Lace industry in China has extended its reach from local to international markets with more research and innovation.
There are more than 40 units producing quality lace in Xiaoshan city, and these units possess more than 70 percent chunk of total production in the country.
However, lace units do not have their own design centres and this snag restricts them to low-grade markets.
To increase quality Xiaoshan lace and to enter EU markets, cn-lace has set up a design centre, where raw material units are integrated with production units.
Hangzhou Xiaoshan Meiyi Lace Co Ltd is the biggest lace unit in Xiaoshan city; its yearly turnover is more than RMB260 million and profit crosses RMB30 million a year.