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Fast fashion is a term used to represent cheap, trendy clothing that is made to replicate higher end fashion trends. In 2019, China was the leading producer of fast fashion clothing. [ 1 ] Many sweatshops are located in China; there, workers are underpaid and overworked in unsafe environments.
Apart from labor, capital - still relatively cheap in China - will also become more expensive as policymakers move the country toward interest rate liberalization. [7] Material costs, too, will continue to rise and will reach global levels. As the economy slows down, it becomes harder and harder for companies to pass on the costs to customers.
World map by net trade in goods (current US$), 2023, according to World Bank. This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1]
2. 1985 Nike Air Jordan 1 High Sneakers — $615,000 What is the most expensive Jordan 1? In 2020, this pair of Nikes became the priciest sneakers ever sold at auction — at least for a while.
Sports kit manufacturers Manufacturer Country Founded Founder(s) Key people Products Headquarters Total assets Website Adidas: Germany: 18 August 1949
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AliExpress (Chinese: 全球速卖通) is an online retail service based in China and owned by the Alibaba Group. [1] Launched in 2010, [ 2 ] [ 3 ] it is made up of small businesses in China and other locations, such as Singapore , that offer products to international online buyers.
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