Global Trends and Dynamics of the Apparel Industry The global apparel industry, a dynamic arena encompassing diverse segments from sportswear to luxury fashion, has been navigating a complex of trends and challenges in recent years. These trends carry profound implications for global strategic approach, particularly in the realm of apparel manufacturing outsourcing. Global Apparel Market Trends The journey of the global apparel market has been far from linear in recent years. From 2015 to 2020, the market experienced consistent growth, only to be disrupted by the seismic shock of the COVID-19 pandemic in 2020. This setback, however, was temporary, as […]
From Farm to Factory: Relocation of Food Industry Facilities to Armenia Food Industry Relocation to Armenia The food industry is one of the most important sectors of any economy, providing jobs, revenue, and sustenance for millions worldwide. In recent years, many companies have begun to explore new opportunities in developing countries, where labor costs are lower, and regulations are more relaxed. One such country is Armenia, a small but rapidly growing nation in the Caucasus region. With its rich history of agriculture and a highly educated workforce, Armenia has become an attractive destination for food industry relocation. In this article, […]
How Relocating Manufacturing Benefits Fashion Brands The apparel industry is massive, with a very high level of competition. About a thousand new clothing brands compete every year, each aimed to get a fraction of the market share. As more and more players in the fashion industry, customers have more choices. Such diverse business models have made the fashion industry more competitive. Undoubtedly, innovation and international presence is needed to thrive in this rapidly changing industry. Fashion market current trends, challenges and perspectives From 2020 to 2024, total fashion e-commerce sales in the U.S. will grow by over $80 billion, a […]
Armenia reported on increasing its textile export in 2022 Fashion brands energization challenges and transformations Like any other manufacturing industry, fashion manufacturing heavily depends on energy. The production of textiles, garments, and accessories requires significant energy for spinning, weaving, dyeing, printing, and finishing. Since 2022 the fashion industry has been shaken by economic and energy shocks. As a result, the world’s leading textile brands are searching for ways to save money and stay competitive. To address these issues, some fashion brands are exploring ways to reduce their energy dependence and shift towards more renewable energy sources. For example, some companies […]
Uzbekistan Emerges as a Leading Destination for Textile Manufacturing Outsourcing in 2023 Manufacturing outsourcing to Uzbekistan: precondition At the end of 2022, enterprises in the textile and apparel sectors worldwide faced significant economic challenges. The financial, energy, transportation, and consumption shocks made them look for unprecedented ways to save their businesses and cut costs. In that period, many apparel and clothing companies chose business relocation or outsourcing their manufacturing facilities. They called on Uzbekistan. The central Asian country has a strong tradition of high-quality textile manufacturing. Moreover, Uzbekistan has a competitive advantage in the global textile field due to its […]
How the industrial relocation helps textile businesses all over the world find new development opportunities in global economic crisis Business challenges in 2022 Every year life becomes more and more expensive. Even though we don’t want to say otherwise, it is very costly to deploy and maintain large production facilities, and running a business today is undergoing difficult times. The manufacturing relocation will be a very good solution for keeping your business. The world is still recovering from the effects of the coronavirus, and there are other problems ahead that need to be solved as soon as possible. Among the […]
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