Coach Announces The Pfer Of 50% Of Its Capacity From China To Low Cost Countries.

Recently, the United States

Coach announced that due to rising labor costs in China, the company will pfer 50% of its capacity from China to countries with lower production costs, such as Indonesia, Thailand and Vietnam.

It is understood that foreign fashion brands, more than 20% of enterprises are ready to shift the factory from China to other countries.

More and more enterprises choose Vietnam.

Bangladesh and Philippines are the new production bases.

Even some small businesses in the United States have become one of the choices of these fashion brands.

The industry believes that China's position as a big producer is being replaced by these emerging markets.

As the price of raw materials increases and the cost of employment increases, many brands begin to shift factories to lower cost countries or even their own countries.

Previously,

The production base will be evacuated from China.

Adidas said it is "optimizing global sourcing".

Although Adidas still has more than 300 co generation plants in China, its intention to reduce "made in China" is clearer.

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Coach is a famous brand of leather goods in the United States.

Coach, headquartered in New York, is the leading American enterprise for boutique accessories and gifts.

After years of continuous development, the "COACH" brand has become a world-class luxury fashion brand with LOUIS VUITTON, GUCCI (GUCCI), FENDI (Fendi), PRADA (Prada) and other brands.

Founded in 1941, Coach was a family run workshop.

In a loft in mantun, New York, six craftsmen made a series of leather products handed down from generation to generation.

Since then, Coach's unique handcraft and high quality production have been favored by customers who are quite quality.