A more transparent supply chain and individual traceability for every item: the strategic partnership with retraced represents another important milestone in the Marc O’Polo sustainability strategy.
According to the latest OTEXA statistics, denim garment imports in the United States increased by 28.56 percent from January to September 2021. Pakistan’s denim exports to the United States increased by 63.40 percent during this time. Bangladesh, on the other hand, has remained the leading shipper of denim clothes to the United States, with a 31.40 percent annual rise. Denim clothing exports from Mexico to the United States increased by 46.53 percent in the first nine months of 2021. After annual declines in 2020 and 2019, the US market is adopting denim clothes strongly in 2021.
Mexico has surpassed China as the leading provider. Shipments of denim jeans and related items imported into the United States from China have declined sharply for the third month in a row since the 15% tariffs went into effect. This is a continuation of the category’s erosion of sourcing from China, which began in October with a year-to-date loss of 21.97 percent. At the same time, a varied range of suppliers has continuously shown growth, from Vietnam, Pakistan, and Cambodia to Egypt, Jordan, and Nicaragua. Companies in the United States are looking for cost-cutting and risk-reduction opportunities overseas. They’re speeding up the process of diversifying their production base in a cost-effective and efficient manner.
