Clothing foreign trade shifts from external to internal

The spread of the financial crisis has made life increasingly difficult for garment export companies. The massive shrinkage in foreign demand has led to a continuous decrease in orders. Many garment export companies in the island city have begun to change their strategies and turn to domestic sales. Many foreign trade clothing stores attract many customers because of their complete varieties and low prices.
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Careful citizens discovered that the Nike store originally located at the intersection of Zhongshan Road and Feicheng Road had been “remodelled” at some point. The Adidas store that was originally adjacent to Nike was also replaced by another textile foreign trade store. Manager Liu, the person in charge of these two foreign trade stores, said that originally some of the company’s products were exported to South Korea, Japan, Europe and the United States. However, due to a large-scale reduction in orders in 2008, the company has now switched all to domestic sales, while retaining the store located on the basement floor. On the basis of the old stores, the two stores on Zhongshan Road were also converted into foreign trade stores.
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“There is no way to export in 2008!” the owner of a foreign trade clothing store on Feicheng Road complained. The company’s orders have dropped significantly since 2008. “For example, in previous years there were 10 orders, but in 2008 there were only 3, so the company has Starting from the second half of the year, we will focus on domestic sales.” Later, we interviewed a number of garment export companies such as Zhengzhongqiang Trading Company and Xishilai Trading Company. The relevant persons in charge said that since 2008, foreign orders have decreased by 30% to 40% year-on-year, so the entire The industry has attached great importance to the domestic market and increased domestic sales.
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Industry insiders believe that the transfer of garment export companies from external to internal is one of the important measures to deal with the impact of the international financial crisis.