li & fung (2)

Li & Fung Of Huge Importance to Apparel Industry

Just incase you have not been paying attention, let me point out a few scary reminders about the USA Apparel Industry.  Condensing a century into a paragraph... the USA clothing factories of the past have been for the most part decimated by low cost labor in other countries.  As USA labor costs increased and labor cost in other countries declined, more and more production shifted offshore.  At the same time, Mom & pop fashion retailers, have been reduced to ashes by large retailers such as Wal-

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Li & Fung Of Huge Importance to Apparel Industry

Just incase you have not been paying attention, let me point out a few scary reminders about the USA Apparel Industry.  Condensing a century into a paragraph... the USA clothing factories of the past have been for the most part decimated by low cost labor in other countries.  As USA labor costs increased and labor cost in other countries declined, more and more production shifted offshore.  At the same time, Mom & pop fashion retailers, have been reduced to ashes by large retailers such as Wal-

Read more…

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