Blog: Leonie BarrieTPP winners and losers

Leonie Barrie | 19 October 2015

Continuing just-style’s coverage of the potential impact of the Trans-Pacific Partnership (TPP) trade agreement, last week we took a look at the apparel and textile producing countries most likely to benefit – or not.

David Birnbaum agrees that Vietnam will be the big winner — but believes the greatest loser will almost certainly be US textile manufacturers.

Two separate reports also point to Vietnam's apparel and shoe makers as among the biggest beneficiaries of the TPP’s lower import duties with the US and Japan. But the country’s shortfall in fabric and dyeing facilities could hinder the potential gains, they say.

According to statistics released last month by the World Trade Organization (WTO), five important patterns emerged in world textile and apparel trade from 2013 to 2014. From overall growth, to Asia’s momentum, China’s competitiveness and made-in-USA trends, we take a look.

Meanwhile, the Kenyan government has earmarked the textile, apparel and leather sectors as key drivers of major economic growth under a decade-long plan to transform the country into a newly industrialising middle-income nation.

And Argentina's textile and apparel industry is confident this month's presidential elections will help change the course for a sector facing a flat 2015 amid falling consumption, exports and profits.

When it comes to developing or adapting an apparel brand or retailer's production strategy, there are six key factors to consider, according to one industry expert. While flexibility, communication and the right partnerships each have a role to play, it's also important to combine quality, speed and compliance.

China’s port city of Dalian has announced new plans to boost its local garment manufacturing industry with the creation of six development centres,including one to improve exports.

Nike is accelerating its 'manufacturing revolution' by partnering with a sketch-to-scale business to develop innovative footwear that can reach consumers more quickly, while offering customisation and increased performance.

And US apparel fastener and trim supplier Talon International says it is trialling new stretch and recovery technology for the athletic and growing athleisure markets, in addition to a complete “game-changer” for the zippers.

BLOG

China still dominates apparel sourcing

The latest full-year data on US apparel import trends for 2017 suggests China will remain the dominant sourcing region for some time to come....

BLOG

Retail's rapid transformation requires "platform thinking"

There’s no doubt the retail industry is undergoing rapid transformation as technology continues to reshape how retailers think about their supply chains and meeting their customers’ needs. But to posi...

BLOG

NAFTA trade talks inch forward

Negotiators are meeting this week for the sixth round of NAFTA trade talks – and as soon as this deal has been repackaged, the spotlight could turn to the US free trade agreement with Central America....

BLOG

How can apparel firms stay competitive into the future?

Continuing with the publication of our Outlook 2018 reports last week, we looked at what apparel firms should be doing now if they want to remain competitive into the future....

just-style homepage



Forgot your password?