GENEVA — Spiraling energy and freight costs coupled with rising wages and other expenses in China's Pearl River Delta, the world's premier textile and apparel manufacturing hub, are spurring the relocation of factories to lower-cost Asian countries and a rethinking of sourcing plans to places closer to key home markets.
In contrast to the days of global quotas when firms moved around from country to country to secure access to restricted markets, relocation today is largely driven by increasing costs.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)