The third edition of Cashmere World, a trade fair dedicated to cashmere and other fine fibres has commenced in Hong Kong today. It’s organised by the China Chamber of Commerce of Foodstuffs and Native Produce (CFNA) and UBM Asia. This year, companies from Afghanistan, China, Hong Kong, India, Mongolia, and Thailand have returned to Cashmere World. The event is on till September 27 at the Hong Kong Convention & Exhibition Centre.
The continuing tight supply of cashmere has kept prices high with production of raw cashmere in China apparently stabilised at a lower level compared to three years ago. This has encouraged traders to seek supplies from countries such as Afghanistan whose cashmere industry is in a development stage with financial aid from the United States, in an effort to create more jobs and help stabilise the country’s economy.
What makes Cashmere World unique is its integral nature. The trade fair is complemented and strengthened by the organisation of the Cashmere World Forum held during the first two days of the fair. The speakers at the forum include international authorities on the subject and this year the keynote address will be delivered by Karl Spilhaus, President of the Cashmere & Camel Hair Manufacturers Institute, USA, on ‘The Development of Objective Methods for the Identification of Cashmere’. Other subjects covered include ‘Branding Fine Fibres: the example of the Mohair Mark’ and ‘Retailing Cashmere: Trends Forecast & Innovation’.
Cashmere World is being held alongside Fashion Access, an exhibition focused on garments and fashion accessories.
