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Don't Get Burned From Halfway Around the World

Where are you getting your products made and how bad does it hurt?


Everyone saw a serious crunch in pricing and production this year.


Especially in China where factories are being smacked with blackout days for the rest of the year.


Some chose to try other countries for production.


Vietnam. Oh baby, lets look at some of these stats.


Over 68% of garment and footwear companies have been penalized by their for clients.


Late Delivery being a major one. With delivery times being doubled in most cases.


Others have canceled their orders outright and are demanding money back.


In September alone 12% of Vietnamese factories faced cancellation and sued for compensation for breach of contract.


These punches below the belt are causing people to pull back out of Vietnam.


September faced 9% decrease in garment exports.


Around $3 Billion gone, with $29 Billion total leaving this year to date.


Footwear plunged 44% and lost around $700 million in September.


The game has changed and the landscape is drastically different.


It is not as easy to just hop to a different company and expect to be taken care of.


In today's market if you do not have eyes in that country and boots on the ground?


You are paying blind.


Now you not only need to look a gift horse in the mouth,


You need to be able to walk right up and kiss that sonofabitch.


You need to have the best suppliers come to you, begging to make your products.


How to flip the script is all detailed in our guide to preparing for next year called


"How To Make 2022 Your Best Year and Not Go Bankrupt".


Its a short, punchy, easy to read.


Comment 'BURN' down below and we'll send you the link for free.




 
 
 

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