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  1. Comment
July 5, 2010

COMMENT: Industry momentum out of step with demand

Why do we garment professionals always get it so wrong? In 2009 everybody cut their inventories to the bone. And in 2010, the rush to secure production and raw materials to meet anticipated consumer demand has created an industry-wide shortage. If June retail sales continue to decline, the market will crack again, believes David Birnbaum.

Why do we garment professionals always get it so wrong? In 2009 everybody cut their inventories to the bone. And in 2010, the rush to secure production and raw materials to meet anticipated consumer demand has created an industry-wide shortage. If June retail sales continue to decline, the market will crack again, believes David Birnbaum.

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