YANGON, Myanmar — Despite expectations that garment exports from Myanmar will surpass $1 billion in 2013, any rosy outlook for the industry is hampered by the country’s woeful infrastructure, high electricity costs and a shortage of skilled workers needed to fuel productivity.
Regional neighbors like Vietnam and Cambodia have cited worries about investors flocking to Myanmar since the country started opening up in 2011 after the election of President Thein Sein. But the garment sector’s gradual evolution, which now includes a newly empowered workforce advocating for higher wages, continues to bring uncertainty to investors and interested international brands.
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)