Primark localize sourcing for U.S. expansion, news by Hebei Longsheng
| Primark looks to localize sourcing for U.S. expansion Discount fashion retailer Primark – owned by Associated British Foods – plans to expand the sourcing for its U.S. operations to include imports from central America, including Mexico. Aside from reducing transport costs the move should also reduce regulatory risks. Panjiva’s data shows 50.7% of U.S. seaborne imports associated with Primark were sourced from China in the 12 months to Aug. 31, leaving it exposed to new tariffs. Apparel exports from Mexico are only a small part of U.S. imports at 3.9% of the total in the 12 months to Jul. 31 after slipping 6.2% year over year. Mexican apparel exports to the U.S. are currently dominated by workwear with Cardinal Health’s exports from Mexico equivalent to $672 million in the 12 months to Jul. 31. The largest consumer clothing buyer was VF Corp. with $503 million shipped over the same period. |
