The most-read stories on just-style this week include a look at the challenges and opportunities Africa faces if it is to rival Asia as a future apparel sourcing hub, Crystal Group's expansion plans in Vietnam, and Myanmar targets US$2bn in garment export earnings for the 2015/16 fiscal year.
Sourcing in Africa: Foreign investment flows in
With its cheaper labour and resources, East Africa has already attracted foreign investment, particularly from Asia – as well as business from major international fashion brands and retailers.
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SUSTAINABILITY: Crystal Group eyes "mega-capacity" in Vietnam
Garment maker Crystal Group sees Vietnam as its "new star", with expansion projects under way that the company hopes will increase sweater production seven-fold over the next four years, and T-shirt production three-fold.
Sourcing in Africa: An alternative to Asia?
Africa has potential to rival Asia as an apparel sourcing hub, but should learn from Asia’s successes and failures, according to industry experts.
Myanmar sets sights on $2bn garment exports
Myanmar has set a target for garment export earnings of US$2bn for the 2015/16 fiscal year.
See Also:
Cotton stocks outside China to keep prices low
Excess cotton stocks held outside China are likely to keep international cotton prices down in 2015/16, says the International Cotton Advisory Committee (ICAC).
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