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Apparel Manufacturing is Moving from China to Less Developed Nations, Says Plunkett Research
5/4/2010. Houston, TX

Plunkett Research, Ltd. has released its newest market research and competitive analysis report, Plunkett’s Apparel and Textiles Industry Almanac, 2010 edition, which identifies and analyzes major trends shaping the apparel, textiles and fashions industry.

According to Jack W. Plunkett, CEO of Plunkett Research, Ltd., "Apparel manufacturing is export oriented and very little in terms of shoes or apparel is made in the U.S. While China remains a dominant apparel supplier to world markets, Chinese companies are doing much of their manufacturing in less-costly nations such as Vietnam."

Major trends affecting the Apparel, Textiles and Fashions Industry analyzed in Plunkett’s report include:
High-tech, nanotech and smart fabrics proliferate.
Exercise apparel is a huge category.
3PL supply chain management evolves to serve the global apparel market.
98% of shoes sold in the U.S. are imported.
Baby boomers dominate the apparel market.
Luxury clothing and accessories sell well online.
Fast Fashion: mass designers and retailers speed up.
Apparel content goes green.

"While luxury apparel and accessories have suffered from slow sales in the U.S. recently, luxury brands are doing well in Hong Kong and mainland China, where major brands such as Chanel and Gucci abound," says Jack Plunkett.

A complete report with detailed industry trends and statistics analysis is provided in Plunkett’s Apparel and Textiles Industry Almanac, 2010 edition. This outstanding reference book contains thousands of contacts for business and industry leaders, industry associations and industry sites, as well as statistical tables, an industry glossary and thorough indexes - all in one value-priced, easy-to-use package

A complimentary video of Plunkett discussing these trends is now available on the Plunkett Research website, and an Introduction to the Apparel and Textiles Industry can be viewed at Plunkett’s website.

About Plunkett Research, Ltd.
Plunkett Research is a leading provider of industry trends analysis and market research. Our reports and data services are used by the world’s top corporations, consultants, universities, libraries and government agencies. Plunkett’s products save time and effort when you need competitive intelligence, market research or marketing data. For more from Plunkett Research, become a Fan on Facebookand subscribe to our YouTube channel.

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