Manufacturing locations and denim jeans future
Denim jeans market will still be present in the fashion world, forever! Cotton prices will stay low; therefore, denim jeans prices will be stable. From today until 2021, the price forecast will be an increment no higher than $30.00 USD.
The big question would be the manufacturing locations for denim jeans, it was China at the beginning, then Egypt and Pakistan, and experts say it could be Bangladesh, but right now it is going thru a tough situation where many companies are failing their workplace safety measures.
Right now, all companies are attached to responsible programs where worker well-being is a must, this is a fact for the future and will help to determine who will be getting the contracts to produce clothing like jeans.
An ideal model program for a factory is to follow the guidelines to operate under a program designed to provide safest, cleanest and comfortable working places in the industry, that’s why big companies perform compliance audits where workers are interviewed, and auditors do inspections throughout all areas of factory operations. If non-compliance issues are found, a post-audit is provided in order to ensure those issues are solved and the factory can continue improving its operational performance.
Future is not set and for now we just need to wait a few years to see who will produce all the millions of garments that the apparel industry makes every year.
Grupo Denim, a manufacturing company in Mexico, is one of the factories that have an excellent record to be in compliance with its customers for so many years in a row. “We care about workers and their safety, that’s why we always perform our own engineering inspections for fire, electrical, and building structural safety at all our plants”, said Salomon Juan Marcos Villarreal, president of Grupo Denim.