Released on = April 17, 2007, 4:15 am

Press Release Author = Namrata

Industry = Small Business

Press Release Summary = The global textile and clothing sector is at a crossroads.
The end of quotas in 2004 will have a major impact on how and where textiles and
clothing are made, and how the supply chain is managed.

Press Release Body = A New Era for Global Textile and Clothing Supply Chains

The global textile and clothing sector is at a crossroads. The end of quotas in 2004
will have a major impact on how and where textiles and clothing are made, and how
the supply chain is managed.
Producers are already affected by changes in retailing. Big retailers are buying up
independent brands to give consumers more value and enhance their shopping
experience. Target has tied up with Mossimo, Wal-Mart is offering Asda's "George"
brand in the USA, K-Mart is enticing female shoppers with Jaclyn Smith and Kathy
Ireland signature collections, and Levi's Signature line is being sold through
Target and Wal-Mart. The expanding global reach of mega-retailers and mega-brands is
putting pressure on local supply channels. Many retailers retain existing suppliers
when moving into new geographical markets, which puts pressure on local producers.
Clothing makers are also fighting for a share of total consumer expenditure as
spending rises in electronics, leisure, and healthcare. Consumers want more fashion
and performance. They are also more value driven-as shown by a shift from department
stores to hypermarkets and discount stores.

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