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Levi Strauss, Adidas Boost Cambodian Purchases Ahead of Wage Rise

Cambodia 18 Cons. Discr. - Apparel 451 Cons. Discr. - Retailing 417 U.S. 5211

The Cambodian apparel industry faces a 4.4% rise in the government-mandated minimum wage, potentially hurting its competitive position just as companies are deciding where to reallocate China-to-U.S. supply chains to. U.S. imports of apparel climbed 14.0% year over year in 2018 to $2.47 billion, and have expanded by a further 10.6% in the three months to Jul. 31. That growth is focused on a handful of U.S. importers. Panjiva’s seaborne shipping data shows imports associated with Levi Strauss and Adidas climbed 76.7% and 21.1% year over year respectively in the three months to Aug. 31. Th...

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