Tuesday, 6 December 2011


Summary of UK Apparel Industries experience:
·         As a most developed country, national output and trade currently made by apparel industry has a very small contribution.
·         The forces of global shifts in the sectors are extremely powerful, reflecting a natural tendency for apparel manufacture to act as an engine of development in newly industrialising nations.
·         The labour cost gap between the developed and developing world remains large and there is no sign of any immediate technological break-through which could ease the impact of this gap upon costs.
·         Exports performance became worst badly after 1998 and the sectors displays huge trade deficit a high negative trade balance on apparel trade.
·         The global spread of the UK industry is extremely limited. The UK domestic market is large but extremely competitive and dominated by a small number of large retailers.
·         After 1995 the trend in UK output and employment entered a new phase that both data have turn down together.
 

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