Description

The Birnbaum Strategic Sourcing Report

• The EU appears to be moving towards recession.
• Consumer demand is not doing well.
• However, garments is one exception. Despite the many problems facing European countries, people are still buying clothing.
• America is moving in the opposite direction. It now appears that the U.S. will avoid recession. Much of the success is due to increasing consumer demand. The one exception is garments, where demand is falling.

The U.S. is the world’s largest garment importing country. Falling demand is causing serious problems among garment suppliers everywhere.

• What are the causes of America’s declining garment demand?
• When will the situation reverse?
• When can we expect a return to business as usual?