COVID 19 has significantly impacted the global textile and apparel supply chains because of the industry’s huge dependence on China as a manufacturing base. Though, for other manufacturing countries like Bangladesh, Viet Nam, Turkey and India, the opportunities are huge, yet the tapping potential remains limited.
2019 will be marked as a significant year for the Textiles & Apparel industry. With the developments of the US-China trade war, Brexit, WTO hearings, Shift in sourcing strategies, new tariff challenges, global economic slowdown and rising demand for sustainability, the expectation from 2020 are very high.
In today’s time, fashion retailers cannot take the fast follower approach. The fast-moving nature of fashion requires companies to jump on trends right away, which in itself brings a unique set of challenges.
Amid the escalating trade tension between US & China and its related uncertainties for the global textile & apparel sector, significant changes are expected in the current global sourcing scenario, with other countries leveraging on the ongoing trade war between US & China. Find out how this trade war is of global concern and who will be benefitting out of it.
Predicting future industry trends can be tough, but not to worry, download to get information with analysis of ‘Athleisure’ space in the overall apparel market.
The thing about the global textile and apparel market is that it’s ever-evolving and ever-changing. Find out what are the latest industry trends in Activewear market.
Sourcing can be tricky! From where to buy, where to sell, who to contact, etc. Often unoptimized sourcing strategies can result in increased costs. Download to know the major shifts in apparel sourcing.
Do you know what Apparel industry has latest to offer in 2019?, check out our ‘all-in-one’ info download on the industry to stay updated.
Used clothes market is bigger than most of probably know and it continues to grow at sonic speed. Download to know more on the used clothing market’s trajectory.
Sustainability happens on the entire textile value chain – sourcing, manufacturing, waste management, logistics and recycling. Download to understand the Sustainable Sourcing in Apparels Industry.