By  on October 1, 2013

The price of apparel sourcing is going up, even as low-cost alternatives to China — namely Bangladesh, Vietnam and Cambodia — increase their market share.

A new McKinsey & Co. survey conducted among 29 chief purchasing officers responsible for a sourcing value of $39 billion confirms that decades of apparel sourcing deflation have come to an end and apparel companies will now face a steady increase in sourcing costs.

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