SOUTH KOREA: US Apparel Orders Continue To Slide
Trade and industry experts on Tuesday warned South Korea is rapidly losing its share of the lucrative US clothing market to rivals from emerging Latin American and developing Asian nations. According to a report by the Korea Institute for Industrial Economics and Trade (KIET), its slice of the US apparel market fell to 3.4 per cent in the first seven months of this year amid fierce competition and preferential trade terms for Latin American countries.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Steps to piloting living wage in garment factories
- How to ensure sustainability is more than a slogan
- Trump blows the case for Brexit out of the water
- US apparel retailers' November 2016 sales roundup
- Duty-free trade key to build Africa supply chains
- US Q3 in brief – Destination Maternity, Cherokee
- Taiwan textile maker investing in first US plant
- Outdoor apparel sector set for double-digit growth
- Myanmar garment industry "lacking labour rights"
- Esquel efficiency drive continues to boost brands