LEADING RUSSIAN DESIGNERS PLAN TO BOOST EXPORTS OF CLOTHING AND KNITWEAR TO WESTERN MARKETS
September 1st, 2016
Leading Russian clothing designers are developing plans to start significant volumes of domestically-produced exports to Western markets during the next several years, potentially boosting demand for upstream suppliers based in the country. Alexander Serafimov, one of Russia’s leading fashion designers, has said that particular attention will be paid on increasing exports to the European Union (EU) and the USA, because of the potential to generate larger profit margins than in Asia. That said, regarding the knitwear segment, domestic design-driven export ...
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