JAPAN CLOTHING BRANDS’ PAST SOURCING DIVERSIFICATION HAS PROTECTED THEM FROM US-CHINA TRADE WAR
June 1st, 2019
JAPAN clothing brands have protected themselves in advance against exposure from the US-China trade war by decreasing their reliance on China-based manufacturing outposts in recent years. This sourcing diversification has occurred initially because of rising costs in China.
According to the Japan Apparel Fashion Industry Council (JAFIC), this movement away from Japan means the impact on Japanese textile and apparel companies from US tariffs imposed by the Trump administration on China-made exports would be “slight”.
Yuji Hasegawa, JAFIC managing director, ...
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