Four years after the pandemic upended apparel supply chains and forced companies to pivot, the industry remains focused on disruption-proofing as it faces continued challenges.,” which dives into the global situations shaping the soft goods market, indicates that fashion’s primary risk mitigation move is diversification.
Meanwhile, amid the industry’s ongoing quest for shorter supply chains, Mexico is looking to boost its position in apparel manufacturing. The country has a number of advantages as a nearshoring destination including quality production and economical pricing, according to Julia Hughes, president of the United States Fashion Industry Association . Although nearshoring is mentioned frequently, there is still room to grow. “Everyone keeps talking about it,” Hughes said.
Worker livelihoods are also top-of-mind in Bangladesh and India, where workers and unions are pushing back and protesting against minimum wage policy. In India’s Tamil Nadu state, the minimum wage has only grown the equivalent of $8 per month since 2014, despite nationwide mandates that wages rise every five years. Bangladesh has revised its, however the new amount is lower than the figure that workers advocated for.
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