by Deb Dulal Das | Oct 19, 2021 | Blog
In 2010, China ruled European and US markets for apparel and obtained 40% of the import volume in each region. According to a recent survey, 86% of the chief purchasing officers in giant apparel businesses in Europe and the United States wanted to reduce the levels of...
by Deb Dulal Das | Feb 23, 2021 | Blog
Until the 2010s, China seemingly dominated the US and European markets for ready-made apparel. The trade accounted for almost 40 percent of the total import volume in both regions. However, a recent survey conducted by McKinsey revealed that over 86 percent of the...
by Deb Dulal Das | Oct 21, 2020 | Blog
The main challenge that the global sourcing service companies are facing amid the COVID-19 pandemic situation is a gradual shift from a reduction in the production of raw material to cancellation of orders. This is leading to a massive loss of many apparel sourcing...