The US Manufacturing Industry Is Hard To Pull Out The Clothing Brand From The Overseas Production.
If the US President elect Donald Trump (Donald Trump) needs to be proved to be revitalization.
American manufacturing industry
How difficult it is to see his daughter's wardrobe.
The brand of Trump's daughter, Yi Wan Ca, depends on the supply of cheap labor. If produced in the United States, it is estimated that the cost of goods will be doubled.
What does it mean to move its clothing brand out of the United States?
Ianka Trump
According to the licensing agreement signed with G-III clothing group, Ianka Trump (Ivanka Trump), which sells $100 million in clothing series, is produced in Asian countries. The group started from the garment manufacturing workshop in New York garment area and has developed into a global manufacturer.
The price of $140 is made by Yi Wan card.
Tight dress
And 80 dollars.
sweater
The shift to foreign production made her father Trump in an awkward political situation. After all, the president elect had threatened to launch a trade war against China, the world's second largest economy.
However, it is also difficult for him to earn profits in other ways.
The cost of making garments in the United States is much higher. It is estimated that the cost of goods will be doubled.
The United States no longer owns large-scale clothing manufacturing infrastructure or labor force. In any case, most production links will be automated.
During the campaign, Donald Trump made a high-profile commitment to revitalize the manufacturing industry in the United States, reclaim employment opportunities overseas, and even directly negotiate with Carrier to retain a factory originally planned to move from Indianapolis to Mexico.
He also vowed to renegotiate or even abolish the trade agreement he thought was bad for American workers.
But his own Donald Trump suit, tie, shirt and accessories are made overseas, proving that it is not easy to deliver promises.
Since its peak in 1979, manufacturing jobs in the US have been reduced by 37%.
Cheap overseas labor force helps businesses reduce costs and consumers expect to buy cheap goods.
Ed Gribbin Gribbin, President of Alvanon, a clothing consultancy based in New York, said that 16 years ago, 50% of American clothing was still made in the Western Hemisphere. Today only 20% of them are manufactured in the Americas, and only 2% of them are produced in the United States in.
As the actual manufacturer of Trump brand, G-III group is a typical example of the loss of American industrial employment opportunities overseas.
The G-III group was founded in 1956, and the founder Alan Goldfarb (Aron Goldfarb) was a survivor of the massacre. He emigrated from Israel to New York to find a job tailoring leather material.
Originally named G&N, the company developed from the difficult leather jacket workshop to the G-III group, which was successfully listed in 1989.
In 1970s, G-III group became one of the first clothing companies imported from Korea.
According to the history of the website, Morris Goldfarb, the founder's son and CEO, has expanded its manufacturing business in Asia.
In 1990s, G-III group began to cooperate with national brands, including Jessica Simpson (Jessica Simpson) and Calvin Klein (Calvin Klein), which helped the company's clothing enter department stores such as Karl's Kohl (Kohl 's Corp.), Messi department store (Macy s Inc.) and Nodes Tron (Macy).
4 years ago, the G-III group announced an agreement with Ivankar Trump's IT Apparel II to produce a series of dress, sportswear and underwear for her brand.
Morris Goldfarb said at the time that these clothes would "attract younger, confident and mature women of the next generation".
Trump's brand clothes come mainly from China and Vietnam, because these two countries are fabric producing areas and have cheap skilled labor.
Cowen & Co analyst John Kenan (John Kernan) said that the sales volume of the brand is expected to reach US $100 million, which accounts for a small proportion of G-III's annual revenue of more than US $2 billion.
Ianka Trump has taken a small step to distance himself from his Brand Company: they now have separate Twitter accounts.
However, protesters gathered in front of her residence in New York for a candlelight rally in early December.
Many groups boycotted retailers that sell the products.
More interesting reports, please pay attention to the world clothing shoes and hats net.
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