Opinions consist of views about the global garment trade from us, or occasionally - from other people. These are freely available to everyone.
Do you believe hundreds of people died in in Bangladeshi garment factory accidents this year?
Some pessimism emerged about India’s future as a sourcing location as Li and Fung’s acquisition of Timberland’s sourcing operation led to the closure of Timberland’s separate Indian sourcing office. This decision – which has nothing to do with India as a place to buy clothes from – coincided with rumours in India that Liz Claiborne was reviewing the future of its Indian sourcing office, and came shortly after the decision of UK retailer Next to close its Bangalore office – while keeping its Delhi one.
It took China an extraordinarily long time to agree to increase tax rebates on clothing and textile exports.
“Accidents in work places, mostly in garment factories, killed at least 953 people in Bangladesh in the six months to June”, Reuters reported the Bangladesh Occupational Safety, Health and Environment Foundation as announcing in early August.
There used to be a simple theory.
The announcement that China’s apparel exports actually fell in value during February 2008 had been expected for some time. In fact, the number of garments the US imported from China actually started falling in November 2007, and China’s share of the world apparel trade was lower in the fourth quarter of 2007 than it had been in 2006.
We all think clothing production is about going where there are most workers.
I’ve probably learned more about our industry from Rachel Louise Snyder’s new book Fugitive Denim (published by WW Norton: 978-0-393-06180-2) than from anything else I’ve read, seen or done in the past year.
China’s apparel industry spokespeople are getting louder and louder about how uncompetitive exports of their country’s clothes are getting. Du Yuzhou’s been telling the world how much money many Chinese apparel and textile clothing factories are losing for a few months now, and the international press has just caught up
Turkey’s Sabanci Holding is “seeking a strategic partner for Bossa. Our search is continuing”, said the company’s chairwoman Guler Sabanci on February 27.
India’s apparel and textile companies today are complaining that there are no more subsidies for them in their country’s annual government budget.