Most fashion accessories exporters in the Philippines have common ability; they possess strong outlook despite economic crisis. Though fashion accessory maker in the country faces stiff competition from china and other countries, Philippine accessory maker manage to develop various strategy to survive the competition. The country has comparative advantage in terms of design and have variety of raw materials available such as wood, horn, coconut shell and fibers like abaca, raffia, buri and pandan that could create a distinction or image as “Philippine Made”. Some fashion accessory industries had also expanded their products from accessory to bags and other products related to fashion using the native materials.
However, even with various strategies at hand a few factories had stopped operation while other slows down because of price, first labor in china is much cheaper than the Philippines, second even the Peso is strong at present, raw materials cost and other commodity remains high.
Regardless of the difficulties fashion accessory maker faces, they remain optimistic and continue to find ways to remain competitive in the market. They view these difficulties as challenges and wont stop developing new strategies.
Here is my top 3 favorite site of Philippine Fashion accessory. They are all “Proudly Pinoy Made”.
http://www.dianamulticrafts.com/
http://www.maybellefashion.com/index.php
http://www.audreycreation.com.ph/
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