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October 7, 2010

Apparel firms “digging in” despite rising China costs

Two of the apparel industry's leading suppliers say they intend to increase their sourcing from China in the coming year, despite seeing an end to the days when the country could be counted on for its low labour costs. They also warn that fashion retailers and brands should prepare themselves for rising prices in the foreseeable future.

By Leonie Barrie

Two of the apparel industry’s leading suppliers say they intend to increase their sourcing from China in the coming year, despite seeing an end to the days when the country could be counted on for its low labour costs. They also warn that fashion retailers and brands should prepare themselves for rising prices in the foreseeable future.

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How can brands navigate the post-COVID-19 Apparel market?

In 2021, the Global Apparel market remained at 3% below pre-pandemic levels, with Europe and LATAM lagging behind. If they want to see full recovery, brands must look ahead. GlobalData is therefore offering this free report, Future of the Apparel Market Post Pandemic, to assist companies in adapting to the future market. This report explores the following topics:
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  • Which brands are driving online spending
  • Impact of inflation on the Global Apparel market
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by GlobalData
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Free Report
img

How can brands navigate the post-COVID-19 Apparel market?

In 2021, the Global Apparel market remained at 3% below pre-pandemic levels, with Europe and LATAM lagging behind. If they want to see full recovery, brands must look ahead. GlobalData is therefore offering this free report, Future of the Apparel Market Post Pandemic, to assist companies in adapting to the future market. This report explores the following topics:
  • Latest forecasts for the online apparel market out to 2025
  • How different regions and categories will perform, including which regions are lagging behind and which are performing at pre-pandemic levels
  • Which categories within the Apparel market are displaying resilience
  • Which brands are driving online spending
  • Impact of inflation on the Global Apparel market
  • What the biggest trends are that apparel businesses must adopt to succeed
Read our report on the Future of the Apparel Market Post Pandemic to gain valuable insights on how to best position your brand in a post-COVID-19 world.
by GlobalData
Enter your details here to receive your free Report.

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