The Russian
clothing manufacturers have decided to move on their domestic industries. Owing
to the increase in value of major world currencies, several representatives of
Russian light industry firms stated that the cost of making clothing in Chinahas increased by 80-85%. So, therefore the domestic factories in Russia have an
opportunity to increase their share in domestic retail trade.
Some major
clothing firms have already started the process.
Kira Plastinina,
the network of clothing stores for young people have already initiated the sewing
planning and they are planning to expand it. The majority of the company’s
orders are placed in Chinese factories, but it will shift its orders to Russian
factories.The company “I will be a mom” expects
to increase the share of its products which are made in Russia to increase from
60% to 85%.
According to
Andrey Razbordin, the president of the Light Industry Union, this trend is a
cause for optimism. “Domestic sewing factories are fully competitive. Right now
they have a decent chance to start manufacturing at home. We are following in
the footsteps of European companies which used to place all of its
manufacturing in China, but are now actively returning it home, because of the
convenience,” emphasizes Razbordin.
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