LOCAL KNITWEAR COMPANIES SEEKING NEW GROWTH IN SOUTH AFRICA
May 1st, 2013
Knitwear companies on Mauritius have been inspired by the economic malaise harming their key European export markets to diversify their sales strategy by seeking to tap the key regional market of South Africa. It is now the Indian Ocean island country’s second largest knitwear export market after the European Union (EU). And while South Africa today commands a market share of 13.4% for all clothes exported from Mauritius, compared to the EU’s 56% (separately the UK and France remain Mauritius’ first and second largest clothing export markets, with market ...
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