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Latest Sourcing Strategies of Apparel Chains (Market Analysis)
2018-01-23 09:00:00| EmergingTextiles.com
While decreasing slightly overtime, Chinas share among sourcing destinations remains the largest by far and is expected to stay unshakable in the foreseeable future. Diversification of sourcing portfolios is however on the rise as countries other than China become increasingly important. Simultaneously, apparel companies seek to expand their sourcing from proximity countries in order to satisfy factors other than production cost reduction. Meanwhile, social responsibility, sustainability and protectionist trade agendas are pressing topics for firms. Finally, the opportunities of digitization can potentially bring about a massive step-up within the textile industry.
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Category:Textiles and Nonwovens