The most-read stories on just-style this week include a look at the possibility India could rival China as a clothing exporter, US concerns over child labour in Vietnam, and a report that the apparel market could be worth US$2trn by 2025.
Could India rival China as a clothing exporter?
The Indian apparel industry has made progress with backward integration over the last five years, but needs to continue to reorganise to play to its strengths, a conference was told last week. And if India invests, it could rival China as clothing exporter.
VIETNAM: Vietnamese garments added to child labour register
Garments from Vietnam have been added to a list by the US Department of Labor’s Bureau of International Labor Affairs over concerns about production using using forced or indentured child labour.
WORLD: Apparel market worth US$2trn by 2025
The combined apparel market of China and India will grow to US$740bn by 2025 – surpassing the projected combined US and European market of US$725bn at that time – according to a report released at an international clothing conference on Friday (19 July).
CHINA: Supports clothing production shift to ASEAN
The Chinese government’s ‘Going Out’ strategy of external investment will see the shift of some production overseas to lower cost countries, especially in Southeast Asia.
US: Action plan sets out Bangladesh GSP safety steps
The US government has set out a series of steps that Bangladesh needs to implement – including improved worker rights and worker safety in the country’s garment industry – if it wants trade preferences to be restored.
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By GlobalData
