Major clothing manufacturers are starting to move orders from Chinese to Russian factories
Translated from Russian by J.Hawk
Russian clothing manufacturers are opting in favor of contracts with domestic light industry manufacturers over placing orders with Chinese factories.
Several representatives of Russian light industry firms stated that the cost of making clothing in China has increased by 80-85% due to the increase in value of major world currencies. It is now cheaper to sew clothing in Rusia by 15-20%, therefore domestic factories have an opportunity to increase their share in domestic retail trade.
Some major ...read more
from The Russophile's http://ift.tt/19neS4L