Warren Buffets love Chinese suits. According to the WSJ, Buffet even taped a testimonial that plays at the HQ of Trands suits. Italian industry is made up of relatively small factories that focus on a narrow segment such as water pumps. Chinese imports have placed the Italian manufacturing industry in a precarious position. I wonder what will happen to the Italian garment industry if Chinese suits reach a quality that has been traditionally been the domain of Italy? Well we will all be driving Chinese cars, why not wear suits made there too.
WSJ link
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