For fashion brands, sourcing is no longer about putting all their eggs in only a few baskets.
While China remains the industry’s top manufacturing destination, its dominant position is being slowly eroded as labor costs rise and labor shortages increase, and the movement to manufacture more for domestic consumption and less for exports gains ground. The result is an opportunity for gains in market share and development of specialized production across the globe, from Asian nations to European countries and the Western Hemisphere.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)