KCSM Global 3000 January 23, 2016
Until a few years ago, the textile industry in africa was pretty stable. Or at least until the liberalization of the market opened the door for cheaper competition from asia. Hundreds of thousands of jobs were lost, mostly in south africa, nigeria, kenya and in ghana. There, nine out of 10 textile workers lost their jobs, leaving only 3,000 today. Product piracy is adding to the woes of ghanas fabric producers. They are proud of their unique designs and traditional techniques. But just as for the big fashion brands like adidas or chanel, while consumers like their style, they increasingly shy ...