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The future of textile manufacturing

Michael McDonald, President of SPESA, on industry trends

20 Aug 2024

Challenges of the industry

Michael McDonald discusses the key concerns keeping industry members awake at night. While 2022 was a peak for many, 2023 has been a challenging year, and 2024 presents uncertainties about industry recovery and growth.

Discover the causes of the current industry slowdown, the adoption of efficient technologies, and the potential impact of European regulations on the U.S.

AI integration and Innovation

Insightful thoughts from Michael McDonald on how AI is reshaping everything from marketing to supply chain management.

Discover how AI is poised to become a co-habitator in our industry, enhancing efficiency and productivity without replacing jobs. Stay ahead with the latest trends and innovations.

Regionalization vs. globalization

Globalization is evolving, not disappearing – Mr. McDonald explains the shift towards regionalization and the potential of nearshoring in the Western Hemisphere.

Learn how technology and strategic partnerships are shaping the future of production.

About

Michael McDonald is President of SPESA. The Sewn Products Equipment & Suppliers of the Americas (SPESA) is the industry association for suppliers to the sewn products industry. (www.spesa.org)

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