Business

US Footwear Imports Shifting Away From China

Footwear imports from Vietnam will begin to eat into China’s market share, rising from 7% to 13% of production by volume by 2016, according to a recent publication by the Footwear Distributors and Retailers of America. The total market is expected to grow from $22.7… Read More

Read More Read more
BusinessLabor

Foxconn Raises Wages – Will Apparel Follow?

Major electronics supplier Foxconn yesterday gave a 25% raise to its estimated 1.2 million employees. They will now make an average of $400 USD per month, before overtime. Foxconn also expressed a commitment to improving working conditions, following a wave of scandals regarding forced overtime,… Read More

Read More Read more