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STATE OF THE INDUSTRY 2023 SOURCING REPORT: SHIFTING SANDS

Knowledge creates resilience, and the 2023 Sourcing Report seeks to provide the industry with a global overview of the state of sourcing and the fashion supply chain from all angles.

STABILITY is a word few would use to describe supply chains these past 18 months. In fact, “extreme” is more fitting, considering how overzealous consumer shopping was countered by out-of-control freight costs, shipping delays, port backlogs and retail out of stocks.​

Companies aren’t built to thrive in such extreme booms and busts, and while helpful, planning and forecasting tools will only get them so far in these shifting sands. But knowledge creates resilience, and better-informed companies will be better prepared to react and pivot as necessary.​

"We believe the overall environment will continue to support robust dealmaking into 2023 and beyond.”

- PWC

This report aims to paint as clear a picture as possible of what lies ahead. From the retail trends that will shape the future to the consumer outlook that drives our business. The 2023 Sourcing Report will also take a closer look at what countries are gaining (and losing) ground in the ever shifting sourcing matrix and what trade policies and legislation to keep an eye on to keep your business ahead of the curve.

EXPLORE TOPICS SUCH AS
 
  • The current and pending legislation (domestic and abroad) that will impact sourcing and sustainability strategies this year.​
  • What’s happening with raw material prices and what they mean for textiles.
  • China’s waning long-time dominance in footwear and apparel and the return to U.S. production​.
  • What executives at Macy’s, Tommy Bahama, RapidRatings and RSC predict for 2023.

 

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