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Newsletter: February 2007 SA
Clothing Retailers Seek an Alternative to China
South African Retailers looking for the
competitive edge are turning to other low-cost-producing countries since the
quotas on 200 items of Chinese textiles and clothing were implemented on
January 1.
Manufacturers have also begun importing
because manufacturing is not economically viable. They want to supplement
ranges and keep prices competitive.
The government implemented the quotas in a
bid to resuscitate South Africa's clothing manufacturers, which had been
hard hit by cheaper Chinese imports.
Fashion retailer Foschini said it had raised
imports from the Far East except China after the implementation of quotas. Financial director Ronnie Stein
said the company had increased imports from countries such as
Bangladesh and Vietnam and had started
sourcing more items in South Africa. But he added that prior to the quotas,
Chinese imports made up 1 million garments out of 30 million sold by the
retailer each year.
Len Smart, the executive director of the
Natal Clothing Manufacturers' Association, pointed out that the restraints
were on 30 percent of imports from China. "A lot of my members will probably
turn to Botswana, Lesotho, Namibia and Swaziland to buy garments or will put
their own factories there. Others have spent the last three months
frantically visiting other low-cost producing countries." |