Within the next 10 years, major brands and buyers from Europe and the United States can reduce import of garments made from countries like China, Bangladesh and Vietnam. Foreign brands have made such plans because of the increased cost of production due to the increase in wages in these countries.
China and Bangladesh, instead of Vietnam, wants to manufacture clothing from nearby countries like Mexico and Turkey, Europe and the United States brands and buyers They think that they will be able to pick up clothes at their own retail in less time. Faster change in fashion has become less important for buyers in less time.
A report by the United States based international research organization Mackenzie and Company has revealed the readymade garment sector. Mackenzie and Company created the report with a survey of 180 brands and buyers and executives jointly with the business journalistic Sourcing Journal.
The report titled 'What Is Wearing Back in Your Country?', The executive and manager participating in the survey is hoping that more than half of their demand is to be made from the neighboring country, and by 2025, That means, the clothing business from China and Bangladesh can go back to the US and Europe.
It has been said in the report that fashion is fast changing in the US and Europe. In time, if the product is not able to pick up at the sales center, it is going to remain undistributed. So, in the short time the supplier has become the number 1 priority for the customers who understand the product from the supplier. But after production from the Asian countries, it is not possible to bring the goods in less than 30 days by sea. So, to survive in the competition, we want to know how China, Bangladesh and Vietnam should deliver fast products in the Western world.
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