Blog: Prime Source Forum
Leonie Barrie | 2 April 2007
It’s wonderful when a trade event really lives up to expectations, and I can honestly say that last week’s Prime Source Forum in Hong Kong did that and more. Speakers and delegates travelled from around the globe – most continents were represented – and across the supply chain – from fibre and fabric suppliers to accessories, technology, manufacturers and retailers – making this the international meeting place that was promised.
And what’s more, everyone was keen to take part in the debate, openly sharing their comments and experience of the industry, the challenges they face and the opportunities that might exist in the future. It made for a refreshingly open discussion platform with no national gripes or political agendas to feed and caginess between competitors seemingly abandoned for two days – to the extent that people were even meeting during the intervals to talk about ways of taking certain issues to the next level. Of course there are no magic solutions, but the simple fact that all segments of the industry can get together to expose the issues is hugely beneficial.
As I’m still trying to decipher more than 50 pages of scribbled notes – and fighting ferocious jetlag too – forgive me if I borrow some thoughts from Bob Zane, chairman of the United States Association of Importers of Textiles and Apparel (USA-ITA), whose summary of the two days of discussions highlighted the very reason why an event like this is needed by our industry.
“Those of us who buy product would like to buy better product, faster and for less money. Those who supply product are looking at how we can give buyers more service, better product, for less money. In the midst of this the governments are trying to prevent imports coming in and protect industries that don’t exist, even though their consumers choose to buy cheaper imported goods. And even though companies are all concerned with the various aspects of social responsibility, they have yet to put together a code of conduct that they can all agree on.”
Perhaps more than anything Prime Source Forum posed more questions than it answered, and exposed just how much more the industry has to do to achieve its goals. All of which suggest that next year’s event – 1-2 April 2008 if you’re interested – will be just as well attended. It will be equally interesting to see how much, if any, progress has been made on tackling some of the key issues.
Finally, a big thanks to the organiser APLF Ltd for having the conviction to support an event like this, and to those readers of just-style who introduced themselves to me...your comments and suggestions have all been noted!
Increasing competition for garment sourcing contracts is seeing China not only being challenged by other countries in Asia, but by sub-Saharan African and even Russian suppliers too. And it is pushing...
The monthly minimum wage for workers in Cambodia's textile, garment and footwear sector is set to rise to $153 from January next year, following a vote on the issue last week. The increase marks a ris...
The results of two highly-anticipated initiatives in the sportswear sphere were revealed last week: the launch of Under Armour’s new UAS lifestyle brand and the first pair of running shoes created at ...
The recent bankruptcy of South Korea's Hanjin Shipping, the world's seventh-largest container shipper, at the end of August, has left billions of dollars worth of merchandise in limbo, leaving the fal...
- Will new Vietnam wage hinder competitiveness?
- Fashion fit for the future – strategies for speed
- Digitisation to drive new apparel-making models
- Under Armour Lighthouse will disrupt production
- How TAL Apparel is staying ahead of the game
- Gap to shutter all UK Banana Republic stores
- MAS Holdings shares commitment to sustainability
- M&S "unappealing" clothing a barrier to growth
- Reebok Liquid Factory reinvents shoe production
- Bangladesh tops China as lead cotton importer
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020