Canadian apparel industry looking to the future with optimism, yet major labour force hurdles must be overcome according to a Labour Market Study conducted for AHRC.
Montréal, March 31st, 2011 – Mr. Adrian Bussoli, President of AGM Wear of Calgary (AB) and Co-Chair of the AHRC Board of Directors, accompanied by Mr. Alan Milstein of Milstein & Co Consulting Inc, the study author and a leading industry consultant for over 20 years, and Mr. Jean Rivard, Executive Director of the AHRC unveiled findings and recommendations of one of the most important studies done on the Canadian apparel sector: PRESSING AHEAD: CANADA’S TRANSFORMING APPAREL INDUSTRY.
Main finding: Employers are optimistic and foresee growth, but there are caveats: major labour market hurdles must be overcome.
Download the EXECUTIVE SUMMARY
Download the FULL VERSION OF THE STUDY
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24 March 2011
Confidence amongst ApparelConnexion members unchanged from last month; remains positive
41% of respondents are more confident in their business performance; 19% are less confident:
LEVEL OF CONFIDENCE IN BUSINESS PERFORMANCE OVER NEXT 3 MONTHS (COMPARED TO SAME PERIOD LAST YEAR)
(% of respondents)
Source: Milstein & Co Apparel Supplier Monthly Confidence Outlook
These results convert to an Index score of 58.3 out of a possible 100 points (see About the Index for more details). While the Index is virtually unchanged from last month, the outlook continues to point towards improvement over last year:
CONFIDENCE INDEX OVER NEXT 3 MONTHS (COMPARED TO SAME PERIOD LAST YEAR)
(% of respondents)
Source: Milstein & Co Apparel Supplier Monthly Confidence Outlook
