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TARGET FOR DENIZLI: ITALY Latest event in “10 Cities 10 Countries” program, which was started by Turkish Exporters’ Assembly (TİM) and run by TİMAKADEMİ, was held in Denizli, with the target country as Italy. Governor of Denizli Dr. Ahmet Altıparmak, Denizli Exporters’ Association Chairman and TİM Deputy Chairman Süleyman Kocasert, Italian Consul of İzmir Luigi Ianuzzi, İzmir Italian Trade Chamber President Pietro Alba, exporters and industrialists attended the meeting in large numbers. Turkey’s Exports to Italy Increased by 10% During his opening speech, TİM Deputy Chairman and DENİB Chairman, Süleyman Kocasert told about Denizli’s place in Turkey’s exports, stating that Denizli was the 8th largest exporter in 2016. Mr. Kocasert also said that Denizli increased their exports to Italy by 14% in 2016. Governor of Denizli Dr. Ahmet Altıparmak spoke about the years old trade partnership and friendship between Denizli and Italy and stated that this relationship has a potential to grow even further. After the opening speeches, entrepreneurship, strategic opportunities in Italy, recommendations for doing business in Italy, design and competition and many more were discussed in conferences and panels that followed.

TURKEY SLAPS DUTY ON US COTTON Turkey plans to impose anti-dumping duties on US cotton imports. But this decision may increase raw material costs of Turkish textile producers by two to three per cent and affect the price competitiveness of Turkish exports. Turkey has decided to place three per cent duty on US cotton imports with the argument that such imports were hurting domestic cotton production. The face-off is likely to put a strain on trade relations between one of the world’s top fiber growers and one of its biggest customers at a time of weak global prices and demand. Turkey is the second biggest buyer of US cotton, with shipments ranging from 1.5 million to 2 million bales per year. Turkey exported $17 billion worth of garments and ready-to-wear clothing last year and $8 billion of textiles and raw materials. The country has made headway in cotton production. Availability of high quality seeds, an increased number of harvesters and good farming practices have all facilitated higher yields. Turkish mills have been investing in new machinery and technology to increase quality and lower costs in order to get ahead in the very competitive international textile trade.

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Israel will grant a three year multipleentry visa for Turkish businessmen. Mehmet Büyükekşi, Chairman of the Turkish Exporters Assembly, announced that a large trade delegation will be organized to Israel between 15-17of May. The Israeli Consul General in Istanbul, Mr.Shai Cohen said that they will grant a three year multiple-entry visa for Turkish businessmen. The normalization process of the Turkish - Israeli relations has brought its results for the exporters. “We will organize a large trade delegation to Israel on 15-17 May. Trade delegations were interrupted for a long time. I hope this delegation will be very beneficial for both countries” said Mehmet Büyükekşi, Chairman of the Turkish Exporters Assembly (TIM), in the Turkish - Israeli Business Forum. Along with Mr. Büyükekşi, the Consul General of Israel in İstanbul, Mr.Shai Cohen and the Trade Attaché of Israel in Istanbul Mr. Monir Agbaria also delivered speeches in the forum. “Despite political crisis in the past years, bilateral trade between the two countries between 2011 and 2014 has almost doubled. Now we are in the period of normalization process in our bilateral relations. We are very happy that TIM is willing to send a delegation to Israel in a short period of time.” Said Mr. Cohen. Following Mr.Cohen’s speech, Israeli Trade Attaché in Istanbul, Mr.Agbaria made a presentation and answered the questions of the Turkish companies.

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China’s pain, Italy’s gain:

High costs push textile buyers west Increasing wages in China and the rising costs of shipment, energy and raw material are weakening China’s advantage in the international textile market while high-end customers are heading to Western suppliers International textiles buyers are increasingly switching away from China, and back to Western suppliers, as rising labor, raw material and energy costs make the world’s dominant producer more expensive. In Biella, a small town in the foothills of the Alps at the heart of northern Italy’s wool industry, factory owners say a narrowing price difference with China and demands for nimbler production nearer home are winning back higher-end customers. In the office of his family business, Alessandro Barberis Canonico recounts how one high-profile European client called him recently to say he was giving up on China because of rising costs there and the increased demand for quality - and would need help from Biella for a big collection.

“He had tried his luck going abroad; things did not go well, so he’s now back,” Barberis Canonico said. For sure, China remains a world leader in textiles: employing over 4.6 million people, contributing a tenth of GDP and with exports, including apparel, of $284 billion in 2015, according to data from China’s National Bureau of Statistics, the Ministry of Industry and Information Technology, and the China Chamber of Commerce for Import and Export of Textile and Apparel. But wages there have been rising at an annual compound growth rate of more than 12 percent, outpacing the economy, and are simply no longer cheap enough to compete just on price. At the same time, China’s textiles sector faces rising costs of inputs such as cotton and wool, hefty import taxes for basic manufacturing equipment, and costlier environmental rules. The government’s five-year plan for textiles, released in September, acknowledged that higher costs are weakening its international advantage, and it faces a ‘double whammy’ from developed countries - like Italy - with better technology and developing countries with lower wages.

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“LESS ATTRACTIVE” The labour cost gap between Italian and Chinese yarn narrowed by around 30 percent between 2008 and 2016, to $0.57 per kg from $0.82/kg, according to International Textile Manufacturers Federation (ITMF) data. The hourly wage for a Chinese weaver last year was $3.52, according to the ITMF, up 25 percent since 2014, though still a fraction of the more than $27.25 paid in Italy, an increase of 9 percent over the same period. “When China’s wages are not that low, the process of shipping materials so far to China and then shipping products back to Europe becomes a lot less attractive,” said Shiu Lo Mo-ching, Chairman of Hong Kong General Chamber of Textiles Ltd and CEO of textile manufacturer Wah Fung Group. “They’d rather take the production back to Europe. This trend has been very obvious.” That proximity is also an advantage at a time when Western clothing brands are under pressure to offer more collections, and customers increasingly want customised looks. Their suppliers need to be closer, and faster.

“In China ... their supply chain is not close, and is scattered, giving (Italy) a competitive advantage,” said Ercole Botto Poala, CEO of Italian textile producer Reda. Italy’s textile imports from China fell 8.7 percent in the first 10 months of last year, to 347 million euros ($370 million), according to SMI, Italy’s textile and fashion association. Its exports to China rose 2.8 percent to 165 million euros in the same period, though total textile exports last year dipped 2 percent to 4.3 billion euros. For buyers, quality and transparency are also key. “Before, given (brands) were paying much less, they turned a blind eye to quality,” said Giovanni Germanetti, director general of Italian yarn and textile producer Tollegno 1900, one of several producers who told Reuters that clients were returning for what he described was better value for money. Alessandro Brun, professor at the MIP Milan Politecnico, said brands are also motivated by concerns over product traceability, and want to avoid potential reputational risk. While suppliers were reluctant to name specific brands they sell to, so as to protect business confidentiality, several international apparel firms are switching to Italian wool fabrics so they can name the mill they source from on labels to differentiate from rivals, producers said. Italian high-street brand Benetton said it used yarn from Tollegno 1900 in a newly-launched Made-in-Italy line of limited edition seamless wool jumpers.

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MOVING AWAY More than 9,000 kms (5,600 miles) from Biella, in the bustle of the biennial Canton Trade Fair, some buyers said they were moving away from China. “We already buy 60 percent less from China compared to two years ago,” said Olesia Pryimak, who attended the trade fair late last year to source material for her plus-sized fashion firm Opri in Ukraine. She said her company is turning increasingly to Turkey for fabrics, because of quality, price and proximity to Europe. Many of the producers and buyers interviewed said it was too soon for data to show the flow out of China. China’s textile exports to the European Union grew a modest 1.4 percent in the first ten months of last year, but dropped 4.1 percent in October, according to Chinese data. In Zhuhai in China’s industrial southern belt, middle-aged workers load bundles of white wool for washing and dyeing at a spacious, well-lit factory owned by Hong Kong-based Novetex Holdings, a supplier of wool and cashmere yarn to international brands including Burberry and Max Mara. The company employs about 1,100 workers during peak season, but rising wages mean it is now investing in more automation, and will cut two-thirds of its workforce in two years. “The overall cake is smaller. Many agents and smaller factories have shut down,” said director and CEO Milton Chan.

Turkish gov’t to provide full support for exports to Africa Speaking at the first parliamentary meeting of the Ankara Chamber of Commerce in 2017, Economy Minister Nihat Zeybekci emphasized the foreign trade volume with Africa, which stands at $20 billion, and said Turkish products going to the continent will be given full support. Referring to Turkey’s relations with African countries, Minister Zeybekci said, “Our foreign trade volume with Africa, which was below $5 billion dollars in 2005, now stands at $20 billion.” However, the minister said that this figure was not sufficient and promised that Turkish products, going anywhere in Africa other than the northern countries, would be provided with full support. Stating that Turkey’s foreign trade volume reached $450 billion from just $4.5 billion, he said: “The balances have changed in Turkey. Hundreds and thousands of exporters, and industrialists from all industrial sectors that can compete with the rest of the world have started to emerge.”

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Minister Zeybekci, recalling how the Turkish economy had been influenced by decisions of the Federal Reserve (Fed) in the United States, said: â&#x20AC;&#x153;Our economy does not have as much commitment to the American economy or dollar as the economies of other countries like Brazil, South Africa and India. Turkey is different; 49 percent of its exports go to the EU and 41 percent of its imports come from there. It also receives 65 percent of its direct foreign investment from enterprises coming from the bloc.â&#x20AC;? Pointing out that Turkey has free trade agreements with 23 countries, Zeybekci said that Turkey has reached a point where 67 percent of its textile and clothing exports and 72 percent of its automobile exports are to the EU, adding that the total foreign trade volume with the bloc has reached $ 170 billion. In the context of free trade agreements, Zeybekci affirmed that they are ready to discuss free trade agreements with all countries, from Peru to Colombia, Chile to Argentina and Mexico, as well as South Africa and Japan. Zeybekci said that Turkey in 2017 will continue its way with an export increase of more than 10 percent in January, claiming that there were signs and indications to that end.

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Turkish textile industry hopeful for 2017 After a number of setbacks last year, including political upheaval and an influx of Syrian refugees, textile and clothing industry executives in Turkey are optimistic that better times lie ahead in 2017. For the clothing sector, a fall in exports from a peak of US$18.5bn in 2014 to around US$17bn in 2016 was another issue to contend with, along with the issue of unregistered Syrian refugees working in Turkish factories supplying European brands and retailers. However, despite ongoing uncertainties that continue to influence investment and marketing decisions, as well as foreign demand - including a constitutional referendum in April - Turkish textile and apparel industry associations and sector leaders stress that the sector remains structurally strong and still has substantial growth potential. And exhibitors at this month’s Istanbul Yarn Fair show remarkable optimism. There’s hope that international negotiations may end the war in Syria. Russian buyers are returning to Turkey. Exports are increasing to markets like Iran, the US, Algeria, Israel, Poland and Bulgaria. A new free trade agreement with Pakistan is under negotiation. And depreciation of the Turkish lira - which fell to an all-time low of TRY3.93 to the dollar in January - is making exports easier. In addition, a group of textile investors is planning a huge investment to set up the country’s first viscose staple fibre plant, with possible locations including Izmir and Kocaeli. Turkey currently imports US$500m of viscose fibre each year, and reports say the new plant would have an initial production capacity of 250,000 tons, potentially increasing to 500,000 tons. The domestic market is also developing well. Seret Fayat, president of the Turkish Clothing Manufacturers’ Association (TGSD) predicts that in 2017 the domestic market will grow by 8-10%. And while many foreign customers cancelled their usual visits to trade fairs and suppliers in Turkey, Turkish textile and clothing associations are being proactive by meeting them in their home markets. 18

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In January they organised a confidence-building meeting with their French counterparts in Paris and in Brussels, and they are now preparing similar trips to the UK, Germany and Italy. Great ambitions İsmail Gülle, chairman of the Istanbul Textile and Raw Materials Exporters Association, stresses that the Turkish textile industry remains one of the most important and strongest in the world. Undaunted by the negative experiences of the recent past, the Turkish textile and apparel sector has set an ambitious export target of US$72bn in 2023, the 100th anniversary of the establishment of the Turkish Republic. This is almost three times the US$26.0bn exported in 2016. Whether such a performance is possible remains to be seen, but to stand even a remote chance many things will have to fall in place. National and regional stability must be ensured. International trade relations must remain good, especially with the EU, the sector’s main trading partner. The government’s support policy should be adapted to give more sectoral incentives instead of regional incentives.

The industry itself must also find the right remedies for some serious flaws: the lack of skilled workers, the dwindling number of textile students, the ongoing drop in investments since 2013, the over-focus on traditional products such as home textiles and apparel and too little on technical textiles There is also concern among foreign competitors that Turkey is prone to protectionism to defend its precious textile and apparel sector by imposing additional import duties and anti-dumping duties. Brexit is no big concern In 2016, nearly two-thirds (64%) of total Turkish textile and apparel exports were destined for the EU. According to the Istanbul Apparel Exporters’ Association (IHKIB), textile exports to the EU in 2016 rose 8.6% year-on-year to US$4.01bn, while shipments of ready-made garments fell 2.3% to $11.86bn. The UK, accounting for 9%, was the sector’s biggest export market in Europe after Germany, receiving $2.01bn in ready-made garments in 2016. For some products like socks, the UK is Turkey’s largest market, taking 28% of total Turkish sock exports

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Turkish exporters also appear to be unphased by Brexit. “The effect of Brexit on the short-term exports of Turkey’s textile and apparel industries will be limited,” says Gülle “From the recent visit of British Prime Minister May, we know that the bilateral talks on a possible Free Trade Agreement between the UK and Turkey have already started. Whatever the solution may be, we believe that the trade relations between the UK and Turkey will last forever and of course will grow continuously.” A much bigger concern for Turkish exporters is the soured relationship with Russia. After the Russian warplane was shot down in November 2015, Russia banned certain imports from Turkey including textile, ready-made garment and leather products. However, in the second half of 2016 the two countries normalised trade relations and made a fresh start. Turkey’s exports to Russia are rising again and Turkish industry associations say textile and apparel industries are leading the pack. Another worry for Turkish companies is the future of the Trans-Atlantic Trade and Investment Partnership Agreement (TTIP) between the US and EU.

Currently, goods such as clothing and textiles are traded duty-free between the EU and Turkey under a 20-year Customs Union introduced as a first step in Turkey’s accession talks with the EU. However, the terms of the pact mean Turkey is unable to pursue a bilateral free-trade agreement with any country until the EU has already established one. It also means non-EU countries with an EU FTA can access Turkey duty-free, but Turkish exporters do not have reciprocal access. “From the impact analyses we have made, we know that Turkey would be seriously affected if we could not participate in TTIP,” Gülle notes. The Turkish Minister of Customs and Trade, and the European Commission (EC), have both emphasized the need to update the Customs Union agreement. In a move late December, the EC asked EU governments for a mandate to launch talks with Turkey to revamp the pact.

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“WE ARE READY FOR INDUSTRY 4.0”

Zorlu Group Chairman Ahmet Nazif Zorlu was the guest of honor of the “Wednesday Meeting” held by Izmir Industrialists and Businessmen Association (IZSIAD) in Tepekule Congress Center which was attended by IZSIAD President Hasan Küçükkurt and members of the association.

“About fifty years ago, Izmir was the second city after Istanbul that pops to mind when you think of industry. But today it fell behind the others dropping from second to fourth place in industry. We have to think about where we went wrong. If today we, as Vestel, managed to be Number 1 brand of Turkey, we did it through innovations, investments... So you believe in the country and increase your investments taking the bull by the horns” he said.

Emphasizing that today they have manufactured even unmanned aerial vehicles (UAVs) in his business life he started following his dreams in Manisa, Zorlu said “We have already an ongoing investment of 400 million TRY in Manisa. As all of our global competitors invest as required by today’s conditions of competition, if we go into our shell, we lag behind them. Industry 4.0 becomes increasingly widespread all over the world. First 80 percent, then 100 percent of our facilities by 2018 and 2019 respectively will be equipped with the practices of Industry 4.0. It is as part of Germany’s High-Tech Strategy 2020, but we will adapt it more rapidly than them.”

“DON’T LET WARMTH OF IZMIR MAKE YOU RELAXED”

“ALMOST LIKE AN EASTERN CITY” Calling not to fall in despair to representatives of the business com “munity, Zorlu said “We should make Izmir a brand city. Unfortunately it doesn’t have a trademark. Izmir is almost like an eastern city. We have a lot of advantages particularly industry, tourism and agriculture. But unfortunately we don’t benefit from these exclusive advantages.”

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Expressing that he was a primary school graduate and proud of it, Zorlu said, “We are like athlete, those who finished among the top three, even just winners are known and mentioned, so you should do your utmost so that Izmir can be winner in the industry. But today the city is in the mood for ‘Izmir, take me out walking. So Izmirites should give weight to investment and work more hard because it has tourism, a perfect climate, agriculture and nature. But don’t let warmth of Izmir make you relaxed. Follow more closely changes and innovations.” “WE’LL INTEGRATE THE COUNTRY WITH THE SMART HOMES” “Turkish people are greatly interested in ‘Made in EU’ products. On the other hand, domestic goods are vilified. All imported product you bought goes back as currency to country it was made. There is no any difference between our mobile phones and foreign brands. Particularly I am calling for women because they are pacesetters; I want you to use domestic goods. We will integrate the country with the smart homes soon. There will be homes that can be controlled and accessed remotely at every stage from its electricity to water and food” he said.

Export summit becomes solution platform TIM Export Summit 2016 ends with three times the expected participation! Prime Minister Yıldırım and ministers promised solutions to the problems of export. Export Summit 2016, which was organized under the auspices of the Ministry of Economy and hosted by Turkish Exporters Assembly (TIM) for the purpose of finding solutions to the problems of the export towards the 2023 targets of Turkey, ended with intensive participation of the business world. Prime Minister Yıldırım and ministers, who attended the summit, listened to the problems of the export family in 26 sectors and promised solutions.

TIM Chairman Mehmet Büyükekşi, host of the summit, said “In order to achieve the export targets, we must r ealize design, high technology, innovative ideas and Turkey brand high added value without needing anyone else. We will accomplish this with the support of our President and the Prime Minister and with the big steps taken by our government”.

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Export Summit 2016, which was organized in Istanbul under the auspices of the Ministry of Economy and hosted by Turkish Exporters Assembly (TIM) for the purpose of finding solutions to the problems of the export, ended. Participation in the summit hosted by TIM Chairman Mehmet Büyükekşi was three times the expectation. Host of the summit TIM Chairman Mehmet Büyükekşi indicated that the summit has a historical feature and all capillaries of export were discussed. TIM Chairman Mehmet Büyükekşi, host of the summit, said “In order to achieve the export targets, we must realize design, high technology, innovative ideas and Turkey brand high added value without needing anyone else. We will accomplish this with the support of our P resident and the Prime Minister and with the big steps taken by our government and with our self-sacrificing exporters”. Prime Minister Yıldırım and ministers listened to the problems of the exporters The summit will be organized every year; the first day of which was attended by the Prime Minister Binali Yıldırım, Deputy Prime Minister Mehmet Şimşek, Minister of Labor and Social Security Mehmet Müezzinoğlu, Minister of Economy Nihat Zeybekci, Minister of Customs and Trade Bülent Tüfenkci and Minister of Finance Naci Ağbal; they listened to the problems encountered by actors of export from them.

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In the Export Forum, representatives of 26 sectors had the opportunity to explain their problems to the Prime Minister Yıldırım and the ministers for 3 minutes each face to face. Government representatives promised solution offers to the exporters. On the first day of the summit Minister of Finance Naci Ağbal gave a presentation to the exporters. Ministers answered the questions of the exporters. Export Summit 2016 was held with important panels and conferences for two days. On the second day of the summit Minister of Labor and Social Security Mehmet Müezzinoğlu, Minister of Transportation, Maritime Affairs and Communication Ahmet Arslan and Minister of Customs and Trade Bülent Tüfenkci made speeches and answered the questions from the exporters. “We must be not hasty but fast in export” Şişecam General Manager Prof. Dr. Ahmet Kırman said “Two points are important in export; to survey the target market well and to know where the produced good can be sold and the product capability of the firm. In order to be permanent it must be taken into consideration whether each step taken towards the consumer preference will disturb this demand or not later on. Patience and very serious work are required to be permanent. We may confuse to work hastily and work fast. I think those who want to work fast without making haste will be successful”.

“Trading with countries like Turkey became interesting” Ambassador of Mexico Martha Elena Federica Barcena Coqui said “What European Union (EU) is for Turkey, USA is that for Mexico. We make 1.2 billion dollars of export to USA every day. Annual export to USA is around 385 billion dollars.

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Our trade with Turkey grew 20 percent in 12 years. Trading with countries like Turkey became very interesting. We made seven rounds of discussions for FTA between Turkey and Mexico. It is important to conclude this FTA as soon as possible. Because this agreement will bring many opportunities with it”. I n the summit, prominent names in their fields attended as speakers to the panels titled Global Economy and P olitical Look, Financing of the Export, New Markets in Export, Industry 4.0: Tomorrow’s Business Models, Digital Transformation and e-Commerce, Rising Stars of Service Export, Logistics and Customs. In the panels, subject r elated with exports were discussed one by one; from global and regional economic and political developments, new markets to industrial revolution, e-commerce to digital transformation. Also, Award Ceremony for Export’s Secret Champions was held. In the ceremony, awards were given to firms that make export in 10 categories for the first time.

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Eximbank aims to finance 100,000 exporter firms Turkey’s Eximbank aims to expand its financial support for exporter firms, reaching 100,000 firms and the Credit Guarantee Fund plans to provide credit guarantees for exporters that are not categorized as small and medium exporters. Exporters of apparel, textile, leather and carpet products, under the umbrella of the Istanbul Textile and Apparel Exporters Association (İTKİB), recently held a discussion with the general manager of Eximbank, Adnan Yıldırım and the general manager of Credit Guarantee Fund (CGF), İsmet Gergerli, regarding the sector’s financing needs and solutions. Speaking at the discussion, Yıldırım explained what and how developments have taken place since the establishment of the bank, noting that their general directorates were located in Istanbul while the regional directorates were based in Ankara and Izmir. Yıldırım said the bank has provided more than $33 billion of support to the exporters in 2016, including $22 billion in loans and $11 billion in insurance. Noting that almost 22.7 percent of Turkey’s exports were supported last year, Yıldırım said that their target this year was $40 billion, almost 26 percent of Turkey’s total exports. “After South Korea, we are the second largest export-import company in the world that provides support to exporters. We now aim to outdo South Korea and become the biggest supporter of exporters in the world,” Yıldırım said.

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He stated that Eximbank has worked with more than 6,400 exporting companies, with regards to credit support and another 2,404 in insurance, but there are companies to which the bank provides both insurance and credit support and it works with some 7,700 exporters in total. “We have 65,000 exporters and contractor-related companies operating in foreign exchange earning fields in our target group. We want to reach approximately 100,000 companies, including 65,000 exporters, we want to provide support,” Yıldırım said. Eximbank to start credit rating. Confirming that Eximbank has not issued credit ratings to date, its general manager announced that the bank will start to build its own rating system and eventually Issue credit in accordance to the system, before the end of the year. Noting that they have provided $8.1 billion worth resources from international markets, Yıldırım said they wanted to increase that amount by 10 percent in parallel with the bank growth this year.

“In the meantime, we will commission new elements of Islamic finance, like “sukuk,” (bonds in compliance with Islamic finance law). So, we have planned to increase this resource a little more this year and it is going well,” he said. Yıldırım added that, as Turkey’s Eximbank, they wanted to develop relations with other banks of similar nature around the world, and suggested that it was possible to finance a project with more than one eximbank in exports or foreign projects, adding that they have signed related agreements with the U.S. and Russian-Kyrgyz fund, and that they will sign it with Italy on Feb. 22. “There are some deals that we discussed during the meeting on exim banks earlier this month, but they could not be finalized. We have focused on them, and we want to complete them in the first half of this year with several countries, such as Britain and Belgium,” Yıldırım noted.

Non-SME exporters to benefit from CGF Speaking at the discussion with the İTKİB, the Credit Guarantee Fund’s General Manager İsmet Gergerli said the real sector and the finance sector should co-operate to ensure Turkey’s growth, and noted that the CGF takes steps to that end. Gergerli affirmed that their main purpose was to ensure Turkey produces more, provides employment and sell what it produces. Recalling that CGF was set up just to support micro, small and medium-sized enterprises (SMEs) in the country, today, it is turning into a structure from which not only SMEs, but also large companies benefit. “We have just started talking about the importance of non-SME exporters for the system. Only 11 percent of exporters are SMEs, while the remaining 89 percent are non-SMEs,” Gergerli said. It is not possible to finance exports and foreign exchange earning activities by focusing only on SMEs, Gergerli noted, “We believe that not only SMEs but also nonSMEs should be more active in this system, and we want to support them as well.”

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For her first collection with Kravet, New England-based interior designer Linherr Hollingsworth introduces Bohème – a fresh and unexpected lifestyle collection of fabrics, trimmings, wallcoverings and carpet. Taking its cue from the designer’s background in high fashion, transformative style and affinity for art and travel, the collection is both adaptable and eclectic. A refreshing viewpoint for today’s design world, Bohème is evocative of Hollingsworth’s own sense of free-spirited yet refined vibe – simplicity with an edge; strength with an air of femininity; and elegance with alluring quirk. Fresh architectural patterns and free-flowing forms colored in a richly organic palette are highlighted with touches of metallic accents throughout the collection. Abstract shapes and rhythmic combinations of texture – such as lush velvets, unique weaves, supple leathers and soft linen prints – harmoniously infuse unpretentious yet luxurious style. Designed to accompany the fabric collection, the Bohème trimmings include bold embroidered patterns, metallic silk screen prints, textured cottons and stone washed wooden bead designs – each with personal style and layers of visual intrigue. The showroom-exclusive wallcoverings complement the collection with burnished metallics, deep charcoals, azure blues, and lush neutrals. The geometric and organic patterns are highlighted with hints of subdued metallics in grasscloths and raffias. Linked Up, a bold, large-scale carpet design, is offered in five chic and organic colorways from bronze to indigo. First hand-loomed and then screen-printed by hand, the result is a striking and sophisticated area rug. Linked Up is just as eye-catching and luxurious underfoot as it is in its printed fabric counterpart Get Squared. Bohème by Linherr Hollingsworth is a celebration of perfectly imperfect style with endless possibilities. 92

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EXPLORING TEXTILE DESIGN CHRISTIAN FISCHBACHER PRESENTS The Swiss textile design company Christian Fischbacher will present its new products for spring/summer 2017 to the general public for the first time at the beginning of the year. Members of the public can expect an exclusive, innovative range of products with a cosmopolitan spirit which is representative of Christian Fischbacher’s vision of presenting the space as a whole. Now in its sixth generation, the family-run company takes a holistic view of interiors. In line with this ethos, Christian Fischbacher is launching its first lighting collection this year. The global provider of luxury interior fabrics, bed linen, home accessories, carpets, bath textiles, cushions, pillows and duvets strives to systematically evolve the worlds created by its collections, within which the company’s own fabrics are utilised for different areas of life and product categories. HAUTE COUTURE FOR INTERIORS: DECOR COLLECTIONS 2017 The Urban Luxury decor collection for spring/summer 2017 features opulent, vibrant designs with urban flair along with outstanding craftsmanship and the finest materials. Elegant silk and velvet fabrics are used to give the designs a soft feel. Meanwhile, the Poetic Garden decor collection 2017 reflects a unique mix of urban and rural lifestyles and epitomises Christian Fischbacher’s most exacting design and production standards by combining premium natural materials, extensive use of manual craftsmanship and artistic designs. The Collezione Italia once again oozes seductive Mediterranean flair. Designed in the in-house studio in Como and inspired by Italy’s great history of textiles and architecture, these fabrics are perfect for stylish interiors with a Mediterranean feel.

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Timelessly modern designs made from the finest materials with first-class workmanship characterise the Urban Luxury bed linen collection for spring/summer 2017. The exotic AVANTGARDENING leitmotif embodies Christian Fischbacher’s exceptional design and manufacturing standards. Made in Switzerland using the very finest 105 swiss+ cotton sateen printed using 12 screens, this is the most luxurious bed linen imaginable. The Poetic Garden bed linen collection for spring/summer 2017 is a unique, colourful homage to the diversity of Mother Nature: elaborately designed, vibrant prints executed with pinpoint precision and bursting with intense colour represent the perfect design and production which Christian Fischbacher stands for. MAKING ANYWHERE A HOME FROM HOME: THE EXECUTIVE SUITE HOTEL COLLECTION Christian Fischbacher is expanding its range with a hotel collection consisting of bed linen, bath textiles, down and feathers. This new addition applies the company’s quality, aesthetic and durability standards to a new set of interiors. The six designs that make up the Executive Suite hotel bed linen collection are named after famous cities. Designed in Christian Fischbacher’s studio in St. Gallen, they are made in Europe. Hotel personalisation is available for the LOGO design on orders of 300 metres or more. 117

PRESENTING THE SPACE AS A WHOLE: LIGHTING COLLECTION 2017 The Christian Fischbacher lighting collection 2017 is hallmarked by high-quality combinations of textiles, marble and metal, brought together in clear shapes and modern designs. Christian Fischbacher’s first lighting collection makes a striking statement with its eye-catching interplay of light and shade. The collection comprises table lamps, standard lamps, wall lamps, pendant luminaires, strip lights and ceiling lights and is characterised by a blend of the finest materials and elegant designs. Shiny brass is teamed with matt polished marble and traditional craftsmanship with modern techniques. The BELLE ÉPOQUE and LUNA lines feature a stunning combination of skilled craftsmanship and industrial manufacturing in an exclusive Christian Fischbacher design. An integrated dimmer means that each light can be adjusted to create the desired atmosphere in the room. All lights come with an LED bulb in a nostalgic design. FINERY FOR FLOORS: CARPETS 2017 The new carpets from Christian Fischbacher boast the tactile and visual properties of silk, merino wool and other exclusive materials. Silk makes its first appearance in this rug collection, adding a particularly exquisite touch. As a manufacturer of luxury textile interiors, Christian Fischbacher is known for precise custom-made products. The company makes individual carpets to meet customers’ specifications and complement the look of any home. Christian Fischbacher is also presenting robes and other bath textiles that coordinate with the spring/summer 2017 bed linen collection. The deep-pile, printed velour AVANTGARDENING bath towel made from premium Dreampure terry cloth is a brand new addition to the collection. This special velour fabric is exceptionally soft to the touch and quick-drying. Christian Fischbacher is also launching its new organic luxury terry towel NATURALDREAM. This light terry towelling is produced from 100% combed Supima organic extra-long staple cotton in a highly sustainable process. Despite its light weight, it has a voluminous, silky-soft feel.

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