2012: A year in review - Manufacturing winners and losers
By MJ Deschamps | 14 December 2012
Weak consumer spending, difficulties in securing credit, competition from China and the Far East resulted in factory closures and subsequent layoffs in 2012. But ramping up labour and sustainability standards, eco-friendly production technologies, cost cutting and efficiency improvements saved others from significant losses.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
Focus: North America retail market rebuffs recession
North America may no longer take centre stage in the global apparel market, but the recession has by no means sounded the region's curtain call, according to Euromonitor International.
just-style's most read stories this week...
The most-read stories on just-style this week include calls by a US government official for garment buyers to continue sourcing from Bangladesh, PVH executive Mark Green's vision for the future supply chain, and garment makers in Indonesia being advised to ensure factory building safety.
US: Nike to stop producing Livestrong merchandise
Nike will stop producing merchandise for Livestrong, the charity set up by disgraced cyclist Lance Armstrong.
Market research related to this article
Nike (China) Inc in Apparel (China)
Adversely affected by the slowdown of domestic economy and shrinking consumption, sportswear players collectively faced increasing challenges in China in 2012. As the leader of sportswear in China, Nike also faced these challenges over the review per...
Nike Argentina SA in Apparel (Argentina)
Nike is investing ARS143 million in 2012 and 2013 to further increase its production capability across its strategic local partners, opening up 800 new jobs, and offering convenient financing agreements to its local suppliers....
Nike de Chile Ltda in Apparel (Chile)
Nike is expected to maintain its position as the most important sports brand in Chile. Nike de Chile’s strategy is to continue organising sports events – such as “Nike 10K” or “Nike 300K” – aimed at increasing press releases and brand recognition of ...