The global apparel sourcing paradigm is changing and while Southeast Asia stands to make the biggest gains in new business in the next three to five years, the Western Hemisphere and Africa are also expected to increase their share of worldwide production.
Retailers and brands continue to shift production out of China, which has seen a decline in its share of the U.S. apparel import market, and are planning to move a larger portion of their apparel production to Vietnam, Cambodia and Bangladesh. Further on the horizon, experts anticipate apparel sourcing opportunities will expand in Myanmar and in many countries in Africa, including Ethiopia, Lesotho, Ghana and Kenya.
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)