Southeast Asian Garment Workers' Wages Rose 25%. Fast Fashion H&M ZARA Worries That Costs Affect The Global Economy.

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< p > has been "fast and cheap" to win the "a href=" http://sjfzxm.com/news/index_s.asp "fast fashion" /a "clothing brand fear of future advantages no longer.

Recently, "a href=" http://sjfzxm.com/news/index_s.asp "Bangladesh" /a "," Kampuchea "and other Southeast Asian garment processing export big workers" a href= "http://sjfzxm.com/news/index_s.asp" strike "/a >, the minimum wage rose 25%, and may continue to rise.

Analysts believe that this will be gradually pmitted to the terminal, and now follow the world clothing shoes and hats Xiaobian together to see the details of the report!

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< p > it is reported that the recent a href= "http://sjfzxm.com/news/index_s.asp" > factory fire < /a > building collapsed and other accidents led workers to strike in Bangladesh and Kampuchea.

Local bad working conditions and low wages make workers unable to maintain their daily lives.

Last week, the Ministry of labour of Kampuchea just announced that the minimum wage of the garment industry will be raised by 25% to $100, but it has not satisfied the demands of local workers.

The industry expects that the country's "a href=" http://sjfzxm.com/news/index_s.asp "workers' wage" /a will likely continue to rise in the future.

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< p > Beijing Commercial Daily reporter understands that China's < a href= "http://sjfzxm.com/news/index_s.asp" > garment processing plant workers < /a > monthly salary is about 4 times that of Southeast Asian countries.

Over the past few years, the rise in labor costs has shifted most of the world's garment brands from China to Southeast Asian countries such as Kampuchea and Vietnam.

Among them, there are many fast fashion brands such as H&M, < a href= "http://sjfzxm.com/news/index_s.asp" > ZARA < /a >.

Analysts expect that rising labor costs will affect global clothing prices to a certain extent without finding cheaper processing bases.

In fact, H&M group has publicly stated that it will take measures to raise wages for workers in H&M global factories in the future.

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< p > > a href= "http://sjfzxm.com/news/index_s.asp" > H&M < /a > Liu Zheng, manager of the clothing exhibition room, told the Beijing Commercial Daily reporter that the clothing sold in Beijing has not yet risen in price, and has not received any notice of the company's related price rise.

Analysts pointed out that the rise in production costs will take time to pmit to terminal prices, but this is the general trend.

For consumers who may increase their prices, H&M, a shopper at Xidan joy shop, said: "< a href=" http://sjfzxm.com/news/index_s.asp > fast fashion clothes < /a > the biggest advantage is that the price is cheap. If the price rises, the clothes with higher cost performance may be re selected. "

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< p > Xu Bin, chairman of Beijing frontier consultants, predicts that the price of fast fashion clothing will rise in the future but not too fast. The longer the supply chain of the garment industry is, the higher the profit is, and the labor cost is only a part of many links.

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< p > the price is very sensitive in the doldrums of < a href= "http://sjfzxm.com/news/index_s.asp" > China's clothing market < /a >.

Some international brands have been laying out cheaper sub lines.

Last month, H&M released its own low-end proprietary brand "a href=" http://sjfzxm.com/news/index_s.asp "cheap Monday < /a" in Xidan Joy City, Beijing. GAP will also introduce its brand "a href=" http://sjfzxm.com/news/index_s.asp "a" this year. The company will lead its fashion underwear and home brand to Shanghai.

Kang Lanxin, Dean of the clothing and accessories college, said that introducing cheaper clothing and forming multi brand businesses can not only reduce the cost of developing a single brand, but also complement the brand.

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