From costs to profits: how fashion brands are cutting expenses with manufacturing relocation

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 […]