According to the video, how has the supply chain for apparel and footwear changed over the past decade?
What are the pros and cons of moving from a global supply chain to a regional one for fashion companies?
For fashion companies interested in “near-shoring” and “re-shoring”, what factors should they consider? Why?
Anything else you find interesting/intriguing/thought-provoking/debatable in the video? Why?
Note: Everyone is welcome to join our online discussion. For students in FASH455, please address at least two questions. Please mention the question number # (no need to repeat the question) in your comment.
How to make a success of globalization and ensure our businesses, our peoples and our societies can benefit from the next phases of globalization?
What are the opportunities of re-shoring for the West and how to seize them?
How to secure sustainable and well-paid jobs and give people pride in using their skills?
Is re-shoring going to bring back all the jobs that were off-shored in the first place?
What are the factors that are driving re-shoring?
Does reshoring mean the West wins and the East loses?
Is there a chance for Britain and US to become the “Re-shore Nations”?
If you care about the questions above, please enjoy the speech given by David Cameron, Prime Minister of the United Kingdom at the 2014 World Economic Forum in Davos. The speech is a great supplement to our discussions this week on globalization.