Each twist in constantly changing energy and raw material costs, and interest and exchange rates, weakens a new group of suppliers. Naturally this has been blamed on the recession [ click here to read more ]. China just did what it had to for garment exporters to survive. Its government showed unmatched determination to keep its garment exporters in business. Sharper Asian operations have also undermined European and Central American competitiveness:.
Wholesale clothing prices have been coming down since Western manufacturers started moving their sourcing offshore [ click here to read more ]. But few customers are prepared to pay for them [ click here to read more ]. And — quite contrary to widely believed myths — those rich countries have been dropping their barriers against apparel imports consistently for the past five years.
How likely is that trend to reverse? Of particular interest to SA, is probable law 8. According to Clothesource, consumer apathy toward ethical concerns within the supply chain can encourage corporations to turn a blind eye to human rights violations. Wholesale clothing prices have been coming down since Western manufacturers started moving their sourcing offshore.
But, as the forthcoming edition of Throughout the world since mid , garment factories have been reportedly closing, and workers losing their jobs, at unprecedented rates.
Naturally this has been blamed on the recession. That's at best The real impact of the recession so far, though, has been on financially weak factories. Each twist in constantly changing energy and raw material costs, and interest and exchange rates, weakens Total clothing imports by rich countries fell 4. But from countries outside China, imports fell 9. If China, Macao and Hong Kong together Will there be any new influences on sourcing between now and ?
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