Prior to the COVID-19 pandemic, Brazil had already been seeing very modest growth across apparel and footwear categories due to the weak macroeconomic situation since 2014. After years of macroeconomic turmoil in 2015 and 2016, Brazil’s economy has witnessed years of weak growth. By stretching the lifecycle of apparel and footwear items, it...
Due to the impact of the COVID-19 epidemic, the number of unemployed people in Vietnam increased significantly in the first quarter of 2020, reaching around 700,000 by the end of the year, while millions more have seen a decrease in salary. As a result, consumers in Vietnam are moving from premium to economy brands since people prefer to spend...
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On guard: After years of falling revenue, renewed spending will likely help boost revenue Abstract Tactical & Service Clothing Manufacturing The Tactical and Service Clothing Manufacturing industry expanded marginally over the past five years, following many years of contraction. Industry operators...
After recent economic crisis in Brazil (in 2015 and 2016), the prospects for recovery and faster pace of growth were hindered by the most severe declines seen in the main macroeconomic indicators during the evolution of pandemic. According to national statistics, more than 14 million Brazilians were unemployed by November of 2020 and by September...
Unexpectedly, the COVID-19 pandemic resulted in an explosion in demand for face masks in Vietnam during 2020. Overall sales of apparel accessories therefore continued to grow in current value terms in 2020. This is in stark contrast with the declines seen in all other apparel and footwear categories. Growth has been solely due to other apparel...
Abstract Cotton Fabric and Yarn Manufacturing in China The Cotton Fabric and Yarn Manufacturing Industry of China is engaged in spinning yarn and weaving cloth using cottons and synthetic fibers. The industry’s main products are cotton yarn, blended yarn, synthetic fiber yarn, cotton cloth, blended interwoven...
This report provides vital data and analysis of the world’s leading clothing exporters and the key markets they serve. World clothing exports edged down in US dollar terms in 2019 but still reached their second highest level on record. 85% of world clothing exports in value terms were accounted for by just ten leading clothing exporters,...
This study focuses on China’s Apparel market trends. In the two past decades, the market has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers for...
This study focuses on China’s Bridal Wear market trends. In the two past decades, the market has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers...