Masters of the Universe and other Mattel products could be made in Mexico not Asia amid a rush to ... [+] nearshoring. Despite super-sizing, Los Angeles became the heart of the global supply chain crisis in the run up ... [+] to Christmas. Those countries standing to benefit include Mexico, Turkey, North Africa and Central and Eastern Europe, serving the U.S. and Europe respectively. As a result, longer term one of the residual impacts of the pandemic may be a much reduced distance between maker and user. Given the environmental and sustainability prerogative, fashion miles may well become another driver of a fundamental overhaul of global logistics.
Source: Forbes April 05, 2022 09:17 UTC