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Why These Analysts Believe Robotic Automation Could Save Footwear, Apparel Industries

2015-09-23 21:42:46| Apparel - Topix.net

Annual wage hikes of 10-15 percent have pushed manufacturers out of China and into other cheaper labor countries like Vietnam. Macquarie Capital analysts noted that labor costs in Vietnam are growing at an "unsustainable" double-digit rate as their middle classes emerge.

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