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Fast Fashion in the Philippines Retail Market

Vinculum

The rise of Fast Fashion in the Philippines. The Philippines also prefers imported clothing and accessories to locally-produced clothing and accessories sold at tiangges since imported Fashion is more appealing and seen as a superior quality to local fare. Philippine Fashion that is ethical and sustainable.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

According to the latest report: “ Surveyed companies commonly reported positive demand trends, greater client requirements and favorable market conditions.” Eurozone Factory Downturn Remains Strong The HCOB Eurozone Manufacturing PMI® report for November was headlined with declining new orders rates and rapidly depleting backlogs of work.

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January 2023 PMI Reporting Points to Some Signs of Global Wide Easing

Supply Chain Matters

The few pockets of production expansion were noted to be within Asia , including India, Indonesia, Thailand and the Philippines. Fiore, Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee indicated in part: “ The U.S. rising one percentage point from the 47.8 value reported for December 2022.

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How To Sell Online In The Philippines

Vinculum

The digital retail market in the Philippines has noticed a considerable rise, thereby giving birth to new opportunities for online sellers and small-medium enterprises. from 2020-2024, as per the global data survey by eMarketer and Statista, resulting in a projected market volume of 6,481 million US dollars by 2024. The Overview.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”

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Manufacturing Spotlight: Philippines

Elementum

20 Japanese electronics firms were considering to transfer their hubs from China to the Philippines in 2016, due to China’s declining economic growth and rising wages. The Philippines is now ranked next to China, overtaking Thailand and Vietnam. The Philippines is now ranked next to China, overtaking Thailand and Vietnam.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

The output index from the PMI survey dipped 0.9 The downturn in new orders also extended to 16 months, a survey-record sequence of decline.” Commentary from Anthony Fiore, Chair for ISM’s Business Survey Committee noted in-part: “ The U.S. Morgan indicated in-part: “ The global manufacturing sector remained downbeat in October.