The New Trade Act Benefits South Africa'S Clothing Industry.
A new business model, that is, "fast feedback" on market demand, is expected to be given to South Africa.
Garment industry
The power needed to avoid large-scale imports of clothing from Asia.
Major domestic retailers import raw materials from the Asian market, and Asian countries benefit from traditional low labor and other input costs and mass sales.
In the past 20 years, the import from Asia has not only reduced the employment of the clothing industry in South Africa, but also forced several domestic producers to withdraw.
Once held in Durban
clothing
and
Spin
At the joint meeting, Barnes, an analyst at B&M, praised the new model, saying that this mode promoted the pformation of Inditex, a clothing retailer, from a regional Spanish Company to an international retailer.
B&M's analysts provide R & D assistance to apparel clusters, and get financial support from government agencies and entrepreneurs in Kwazulu to develop a support forum.
Barnes explained that according to the "quick response" fashion retail mode, once the retailers confirm the sales trend, only a small proportion of seasonal stock is purchased from the Asian producers in the 6-9 months before the season, and then the remaining department is purchased from the local manufacturers during the season.
Domestic producers can benefit from this pattern, because they can quickly cater to the high demand of local retailers in season.
In the past, retailers bought large quantities of their seasonal demand from Asian companies, almost 9 months before the season, so they had to invest a lot of money.
However, after countering promotional expenses, discounts and remaining inventory liquidation, they only get a small profit at the end of the season.
Besides, in the season, if the fashion mode changes, retailers will be in trouble.
- Related reading
Japan'S New Regulations On Dyes, Export Enterprises Need To Respond Positively
|Huzhou'S Anti Tax Surplus In Zhili: Is It Not A "Head Tax" That Is Not A Statutory Tax?
|Shenzhen Small Shoe Enterprises Financing Difficult To Push Policy Innovation
|- Thematic interview | DISCOVERED發布2011年春夏系列
- Show show | Spring And Summer Series "Four&Nbsp; You" In DISCOVERED2011
- channel management | The Market Potential Of Chinese Children'S Clothing Is Unlimited &Nbsp, And The Construction Of Marketing Channels Is Different.
- Staff world | 奧康鞋業用人的“四部曲”
- Industry perspective | Raw Materials Up &Nbsp; Shoe Enterprises To Introduce Fine Management.
- Fujian | Quanzhou Integrates Footwear Education Resources And Service Industry Development
- Market prospect | Clothing And Textile: Sales Remain Strong, Brand Price Increases.
- Innovative marketing | Clothing Brand Marketing Promotion: Four Ways To Achieve Crazy Speculation
- Shoe Market | NBA聯盟規范運動員的著裝 彈簧鞋被嚴禁
- Market prospect | Textile Machinery Enterprises Enter E-Commerce &Nbsp; Network Promotes Pformation And Upgrading.
- Three Big Win Weapons In Business Negotiations
- 金苑2012/2013春夏女裝發布會
- 第17屆泰國國際服裝及紡織工業展
- A Lot Of Shoe Companies Fail To Reach The Standard By Sampling The Strength Of The Bottom.
- Men'S Wear Exhibition In Florence, Italy June 2012
- Qingdao International Fashion Week Is About To Launch Pan Wei'S Conference.
- Indonesia (Jakarta) International Textile And Garment Machinery Exhibition
- Gigi Leung First Sold A Lottery Ticket In Taiwan, Wearing Leopard Print Shoes.
- International Business Negotiations In Different Countries
- Interview With Designer Chu Yan And Zhang Jing Of Chu And Heung Hong Fashion Co. Ltd.