As Alibaba enters the ultra-fast fashion fray with a new app in Japan to compete with Shein, Temu and Amazon, both US and EU regulators are looking to lower ‘de minimis’ levels as traditional retailers and brands continue to lose market share.
Most readers know that 2024 has been a very challenging year with several notable textile supply chain failures that we've detailed on this website.
So, it’s hoped that as apparel inventory overhangs start to disappear, and turnaround plans start to kick in, some stability on the global energy and property markets could mean better news for textile supply chains that are still feeling the squeeze as we approach the end of 2024.
Already have an account? Log in