The Sudden Economic Boostin the British Manufacturing Industry
The textile industry of Britain has seen an unforeseen, albeit a pleasant boost from COVID-19, the disease caused by the new coronavirus. This virus outbreak that has been apage marker in the human history is ahither to unknown human tragedy. Apart from that, it is also an economic disaster, with more or less all the economic fields, jobs, businesses getting affected by this pandemic. But here is a brighter picture, there are some industrieswhich can still actually do quite well out of it in the long term.
The Languishing Business in the 1990s
The UK Clothing Manufacturers is one such example where the business has seen a surprising growth after the pandemic has hit the world. China like all other business sectors had engulfed the textile industry of Britain as well. Throughout the 1990s, the companies dealing with textile and clothing in Britain had lost a huge amount of business to China since the clothing retailers and many brands in the United Kingdom, from cheap labels to even haute couture brands turned to en mass production in much cheaper rate to the Far East.
Distancing Itself from The Chinese Manufacturers
However in the current scenario where there has been disruption in trade with China due to the epidemic, and the situation not getting better anytime soon for trade relationships to open with the Chinese, these retailers are reconsidering the idea of having long supply chains and so they are turning back to these businesses like, the womens clothing manufacturers for the textile.
The New Avenues of Business
The textile business companies in Britain have been receiving a whole a lot of new enquiries solely because of the fact that the brands and retailers now require to spread their risk and so placing the orders locally as well as ensuring that the shops are not empty. Paul James Knitwear, a knitted apparel manufacturer in the city of Leicester in the English Midlands is one such company that has seen a major rise in their business sincenovel Corona virus pandemic.
The Current Situation
All of a sudden, the brands have realised that having a secured supply chain is most important in the current situation and the costing concern has taken a backseat.Many of the factories are currently shuttered and the staff is furloughed, still then, there is an expected surge in solid orders in the ladies clothing manufacturer whenever the virus crisis subsides.
Huge Rise in the Business
There is expected to be a rise in the production by at least a whopping 20 to 30% in most of these manufacturing factories which is a very good news for the British economical scenario in general, as informed by the fashion clothing manufacturers of the United Kingdom. They are receiving a flood of new orders from the worried customers.
The Matters of Concern
However there are matters of concern as well. Most of them as reported tohave shown concern about getting their stuff from China. These manufacturers are owners ofsupply chain but they are worried about the raw materials. Most of the raw materials are exported from abroad and largely from the countries which have been hit, very hard, by the coronavirus, for example Italy, a major supplier of yarn.
Manufacturing advocacy groups have said that the British clothing brands and retailers are now completely focusing on the sourcing of their fabrics to be done domestically so that the whole garment could be made inside the UK in the future without depending on foreign countries.
What happens after the disease has finally resided? The anxieties of the supply chains would subside or not is the question.However the answeris probably a resounding “No”.
The New Mind-Set
The coronavirus is going to create a havoc alteration in the mind-set of the clothing industry. With the current situation taking place, which nobody could even think of, people will now think that do they really want their products to be made somewhere like China, or they should spread their risk and start utilising this opportunity in making at least a considerable chunk of their products closer to home, that is inside UK.
The international supply chains are definitely going to be hit by this pandemic and would be one of the biggest economic casualties of the crisis. But it will mean more business and rise of the fashion clothing manufacturers of the UK.