By and  on July 9, 2012

As sourcing executives plot production plans for upcoming seasons — including networking and planning fabric and yarn purchases at trade shows such as Première Vision Preview, Spin Expo, Texworld USA, the International Apparel Sourcing Show and Kingpins in New York the next three weeks — pending changes in U.S. trade policies, rising manufacturing costs and labor unrest in some regions of the world are impacting their strategies.

The U.S. fashion industry, which imported $102.3 billion worth of apparel and textiles from countries around the globe in the year ending April 30, has significant exposure to shifting trade winds from Asia and Africa to Europe and the Western Hemisphere. China remains the top sourcing destination for apparel, controlling a 41.5 percent share of imports to the U.S., but countries such as Vietnam, Bangladesh, Indonesia and Cambodia are benefiting from higher wage rates in China and gaining more business.

 

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