Cone Denim Plans to Exit China Denim Manufacturing by Year-End 2026, Citing Challenging Economic and Geopolitical Conditions
Cone Denim announced plans on Thursday to end its manufacturing operations in China by year-end 2026, aiming to strengthen its focus on its established platform in Mexico. The company cited challenging economic, market, and geopolitical conditions, as well as changing global trade dynamics and cost pressures, as factors affecting the competitiveness and long-term sustainability of its Chinese operations.
Source:Yahoo财经 · Source Link
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