This is spot on as I have noticed me & most of our friends have already started to buy less & spend more for a value that we can attribute to the purchase outside of its physical price. Heck half of us have already quit our corporate jobs for something more fulfilling starting with our very own FAUST . Its nice to see that niche manufacturing can be the next industrial revolution ( on a smaller scale of course)
Theres tons of excellent talent around stateside & now with a standalone mens fashion-week I think good things are due to come our way ...
Excerpts below ( LINK TO FULL ARTICLE)
US manufacturing: the rise of the niche manufacturer
By Kim Gittleson
BBC business reporter, New York
At its peak, the Grado factory employed 85 workers - now, its staff has stabilised at around 2 5 employees
Walk too fast down the street in Sunset Park, Brooklyn, and it's pretty easy to miss Grado Labs amongst the various Vietnamese, Chinese and Thai restaurants that dot the block.
The rise of the artisan
Grado is not alone: it's a phenomenon that's happening across the US, with small manufacturers, many of which are headed by young entrepreneurs that focus on unique products, popping up in hubs like Brooklyn, Chicago and Los Angeles.
"We're starting to see kind of a re-emergence of lots of small niche manufacturers," says Jeff Cornwall, a professor of entrepreneurship at Belmont University.
This is due to a variety of factors, including changing consumer habits as well as the rising cost of doing business overseas.
"There's a growing dissatisfaction with the way of the last decade or two which has been - let's just outsource it and rely on large foreign manufacturers to take care of all of our needs,"
Theres tons of excellent talent around stateside & now with a standalone mens fashion-week I think good things are due to come our way ...
Excerpts below ( LINK TO FULL ARTICLE)
US manufacturing: the rise of the niche manufacturer
By Kim Gittleson
BBC business reporter, New York
At its peak, the Grado factory employed 85 workers - now, its staff has stabilised at around 2 5 employees
Walk too fast down the street in Sunset Park, Brooklyn, and it's pretty easy to miss Grado Labs amongst the various Vietnamese, Chinese and Thai restaurants that dot the block.
The rise of the artisan
Grado is not alone: it's a phenomenon that's happening across the US, with small manufacturers, many of which are headed by young entrepreneurs that focus on unique products, popping up in hubs like Brooklyn, Chicago and Los Angeles.
"We're starting to see kind of a re-emergence of lots of small niche manufacturers," says Jeff Cornwall, a professor of entrepreneurship at Belmont University.
This is due to a variety of factors, including changing consumer habits as well as the rising cost of doing business overseas.
"There's a growing dissatisfaction with the way of the last decade or two which has been - let's just outsource it and rely on large foreign manufacturers to take care of all of our needs,"
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