Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Report On Opportunities And Need For Change

23 October 2001

Textile, Clothing And Footwear Report Highlights Opportunities And Need For Change

A report on the New Zealand textile, clothing and footwear industry which highlights development opportunities in the industry, but also the need to adapt to take advantage of them, was released by Industry New Zealand today.

The Industry New Zealand-commissioned report, Breaking with past patterns of uncompetitive behaviour, was presented to representatives of the industry last week at a meeting at Vogel House, Lower Hutt. The meeting was chaired by the Minister for Industry and Regional Development, Jim Anderton, and attended by the Minister of Commerce, Paul Swain.

At the meeting the industry discussed issues facing the industry and the way forward.

The report was researched and prepared by economic development specialists Burleigh Evatt and NZIER.

Ministers and government officials from Industry New Zealand and the Ministry of Economic Development are continuing to consult with the industry to create an industry-government partnership.

“The textile, clothing and footwear industry is a significant part of New Zealand’s economy with annual exports of $520 million, employing more than 27,000 people,” said Industry New Zealand Chief Executive Neil Mackay.

“This report identifies the need for change and sets out a role for Industry New Zealand and government in helping the industry make those changes,” he said.

“What is clear is that significant parts of the New Zealand industry have great growth potential helped by a projected 50 percent leap in the global trade of textiles, including clothing, over the next 4-5 years.”

The report highlights:

- The industry’s export opportunities,

- The need to adapt to take advantage of these opportunities and

- Barriers to growth including:

- lack of size of businesses

- the shortage of trained and motivated staff and managerial skills

- a low opinion of export competitiveness and

- a lack of key information.

It identifies roles for government agencies, including Industry New Zealand, in improving co-operation and understanding, for example of customer needs, relative competitive positions and supply chain management.

The report says there are some industry bright spots in mid-to-high end women’s fashion, industrial work wear, uniforms and outdoor sports and leisure wear. The industry also has a reputation for quality, quick delivery and reliable service.

[The report is on the Industry New Zealand website – www.industrynz.govt.nz]

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

"Broad-Based Growth": GDP Rises 1 Percent In June Quarter

Gross domestic product (GDP) rose 1.0 percent in the June 2018 quarter, up from 0.5 percent last quarter, Stats NZ said today. This is the largest quarterly rise in two years. More>>

ALSO:

Judicial Review: China Steel Tarrif Rethink Ordered

On 5 July 2017 the Minister determined not to impose duties on Chinese galvanised steel coil imports. NZ Steel applied for judicial review of the Minister’s decision. More>>

Debt: NZ Banks Accelerate Lending In June Quarter

New Zealand's nine major lenders boosted lending at the fastest quarterly pace in almost two years as fears over bad debts subsided. More>>

ALSO:

Balance Of Trade: Annual Current Account Deficit Widens To $9.5 Billion

New Zealand’s current account deficit for the year ended June 2018 widened to $9.5 billion, 3.3 percent of GDP, Stats NZ said today. More>>

ALSO: