CHINA POWER; REPATRIATED HIGH-END PRODUCTION; ECOTEXTILES AND GM COTTON – A TASTE OF THE FUTURE FOR CLOTHING AND TEXTILES
September 1st, 2010
BY EMMA JACKSON
THE TEXTILE and clothing industry maybe almost unrecognisable from its organisation today in 10 years' time: Chinese-owned offshore production; unstoppable e-commerce, demand for eco-textiles, shifting luxury markets to Asia's new middle class, and higher prices for everyone, are just some predictions.
Jacques Hervé Levy, branch director at l'Institut Français de l'Habillement et du Textile (IFTH) in France, said that China's current hold on the textile industry production will expand, with its companies outsourcing work overseas.
"We ...
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