US Apparel Manufacturing on the Rise and Re-Shoring
December 19, 2014
The apparel manufacturing industry was one of the top three “re-shoring” US industries, making up 12% of cases of re-shoring businesses. Retailers, such as Wal-Mart, are already on-board to bring manufacturing back the the US with plans to buy an additional $50 billion in US goods by 2023.
Contributing to this trend is the rise of “fast-fashion” retailers who operate with quick inventory and fashion cycles. By keeping the supply chain local, these businesses can keep stock current. In addition, more customers are willing to pay extra for quality US-made products.
Click here to read the full article in Crain’s.