US apparel imports (in square metres) grew 3.4% in December 2016 over December 2015, though falls in the previous six months a 2016 annual fall of 1.1%.
Just about every apparel industry commentator on the planet is constantly going on about rising cost prices. But do any of them look at what buyers are paying?
Nicaraguan garment makers reportedly claimed the US had thrown cold water over their aspirations on December 3 after a local website reproduced an 18-month old article by a trade official opposing the country’s unique rights to American duty free access for garments made from Chinese fabric.
With no reported progress on renewing its US Tariff Preference Levels (due to expire on Dec 31, 2014) Nicaragua’s trade association, ANITEC, are working on a Plan B.
“Central Bank forecasts 15.2% export growth in Q1 2014” at odds with know rich-country apparel import data. Possibly revealing that Pride Denim (formerly Cone Denim, but mothballed when it was called that) is exporting significant quantities of fabric or yarn
Disturbingly similar, deep rooted, tensions – seldom directly linked to garment industry issues – are at the root of most violence recently disturbing Bangladesh, Cambodia, Haiti, Thailand, Egypt, and Malaysia. There are interesting questions about why similar problems have not hit other major garment manufacturing centres – but at the end of 2013, political violence was probably looking a greater risk for many garment buyers than risks from bad weather, ethical concerns or unpredictable shifts in input prices.
…and worries about compliance in safety and in the right to join trade unions
Reads at first like the Better Work programme has something new to say. Scroll to the bottom and you’ll see this is just a piece of PR puffery by Nicaragua’s trade promotion people.
Honduras and Mexico seem to have been where they went to
We were asked it again the other day. “Where’s the next apparel sourcing hotspot?” said a potential new client.