Clothing and Textile industry is in trouble? Smart Clothing maybe new opportunity
Recently, affected by the collapse of China's textile and garment production enterprises, a large number of clothing brand stores have been closed down, including Bosideng, lilanz, Belle, Giordano, Anta, JOEONE and SEPTWOLVES.
Large-scale textile and garment enterprises have frequently closed down, and will directly involve employment problems of 170 million people. Rising labor costs, land costs, environmental costs, and heavy taxes are among the important factors that have caused the garment and textile industry to get into hot water.
As China's economy continues to decline, intelligent transformation is called a new strategic location, and grasping this opportunity will lay an important pawn for the future transformation of clothing brands and the needs of future consumers.
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