• The End of Big Chinese Fashion Manufacturers?

    Over the past 30 years China has been a key pillar of manufacturing in general and even more of fashion manufacturing, but the last times has put the colossus under pressure. Nowadays Italy is the nearest competitor in fashion manufacturing , producing an eight of Chinese average output, but staying far far away from the surprising percentage of China, that yield the 60% of the world’s shoes and the 43% of world’s clothing. However Zhongguo is facing a storm that could lead to the loss of its primacy: the arrival on the scene of cheaper sourcing hubs in Africa and Asia and the always higher production costs, together with long term…