Economic crisis

Influenced by the great bustling Prato of the past, the aura of the past is gradually losing.

There are a lot of bustling crowds in the Prato street every day. People are not buying gifts before the holidays. More people gather in the streets to find jobs and find a place to live in.

industry chain

The market depression during the post crisis era is gradually affecting the textile market of Prato.

Before Christmas, it should be the selling season in the clothing market. This year, the sales of most businesses in Prato are very disappointing.

Mr. Xie, who runs the wholesale clothing business, said that the business of Prato's clothing business is very difficult now. Customers should not only buy three goods, pick the cheapest goods, but also cut down the vicious competition among Chinese enterprises, which will make the garment industry plummeted.

Garment industry

Wholesale business has a history of 5 years. According to Mr. Xie, the profit of the garment industry in the early years was very rich. At the very least, a garment should have a profit of several euros from production to wholesale.

Now the wholesaler's clothing profits have fallen to only a few euros, and the processing cost of the manufacturers is even less.

Moreover, the volume of purchases by retailers decreased by 50% compared with the same period last year.