Tariffs Ahead:
Why you should move your manufacturing out of China
TARIFFS INCREASE COST
TARIFFS
CREATE
UNCERTAINTY
CHINA IS NO
LONGER THE
MOST
COMPETITIVE
OPTION
WHAT TYPE
OF BUSINESS
IS LIKELY TO
BE AFFECTED?
84% of US fashion industry companies said that one of their biggest challenges is addressing the impact of increasing production and sourcing costs
2019 USFIA Benchmarking Study
STRATEGIC CHANGE IS NEEDED
lndustry experts foresee a large number of companies implementing plans to move some or all production away from China. Companies including Levi Strauss & Co, PVH Corp, Walmart, Guess lnc and Puma have already announced that they are reducing manufacturing in China in response to the tariffs.
https://www.pressreader.com/ “Fashion Readies for Long Trade Battle”
HOW WE CAN HELP YOU EXIT CHINA
Our global network of factory partners offer the expertise and adaptability your business requires, with the ability to reduce lead times, costs and environmental impact.