South Africa clothing industry analysis..
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Guest – Michael Lawrence, Executive Director - National Clothing Retail Federation
South Africa's formerly flourishing clothing manufacturing industry has been decimated by international competition since 1994. Although significant progress has been made in enhancing the competitiveness of the multi-billion rand industry, the sector continues to shed jobs. With discretionary income shrinking, clothing retail sales are under growing pressure.
South Africa's formerly flourishing clothing manufacturing industry has been decimated by international competition since 1994. Although significant progress has been made in enhancing the competitiveness of the multi-billion rand industry, the sector continues to shed jobs. With discretionary income shrinking, clothing retail sales are under growing pressure.