Business / Companies
Edgars, Power Sales accused of importing cheap clothes
03 May 2016 at 01:53hrs | Views
Clothing retail players have accused Edgars and Power Sales outlets of importing cheap products.
The sector is lobbying Government to impose a ban on finished clothes, saying the influx of imports, mainly from Asian countries were hurting their operations.
Zimbabwe is spending millions of dollars on importing clothes.
At its peak, the industry employed 35 000 but now only boasts a small complement of less than of 5 000 workers, according to reports.
According to the Herald, Edgars and Power Sales move has "to some extent caused a degree of tension in the industry".
"The local industry has suffered a serious downturn and many companies have been driven out of business due to the influx of cheaper products from Asia.
"The companies cannot compete because their cost structures are making their products very expensive. As a result, the Zimbabwe Clothing Manufactures Associations is lobbying Government to ban imports for them to be viable," said one source.
The sector is lobbying Government to impose a ban on finished clothes, saying the influx of imports, mainly from Asian countries were hurting their operations.
Zimbabwe is spending millions of dollars on importing clothes.
According to the Herald, Edgars and Power Sales move has "to some extent caused a degree of tension in the industry".
"The local industry has suffered a serious downturn and many companies have been driven out of business due to the influx of cheaper products from Asia.
"The companies cannot compete because their cost structures are making their products very expensive. As a result, the Zimbabwe Clothing Manufactures Associations is lobbying Government to ban imports for them to be viable," said one source.
Source - Herald
