AUSTRALIA: FOCUS ON QUALITY AND NICHE MARKETS WILL SLOW INDUSTRY’S DECLINE
August 1st, 2014
When Adrian Bressan started working in the Australian knitwear industry 50 years ago, there were hundreds of competing factories in Australia - but today, his A&B Knitwear, in Melbourne is one of only few left. "With all the cheap imports, the other knitters closed down," Mr Bressan said. His company was able to survive Australia’s high labour and capital costs by specialising in high-end products, using the best wool available. "We are only using ultra-fine Merino and that's one of the factors keeping us ahead.” Diversification, along with quality, is ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.