Reshoring And The Apparel Industry
Reshoring – For decades we have been shedding apparel-manufacturing jobs in addition to the entire ecosystem that goes along with them. However, the offshore wages that were once a fraction of U.S. labor costs are escalating. Shipping costs, coupled with long lead times, quality problems, and the intangible costs and risks of being far from customers are making offshore manufacturing and sourcing less attractive for apparel companies. Read more