Crisis in the 21st Century Garment Industry
and
Breakthrough Unified Strategies
Reference:226

Then,
The garments are not selling.
What is selling is marked down 30% to 50%.
When business was good, we could barely afford this.
Now,
The old ways are an invitation to disaster.
The global garment industry is in a state of crisis.
How did we fall into this abyss and how do we climb out?

Last man standing may well be an accurate description of the steps that we must take to survive the current downturn.  Everything depends on how fast the players understand that the rules of survival have changed.  For those seeking solutions, may I suggest, Crisis in the 21st Century Garment Industry and Breakthrough Unified Strategies