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GLOBAL VIEW
Outside of the tackle trade, after China, Vietnam
TackleTrade
W
o
r
l
d
and Mexico are both emerging as the world’s next
factories of choice for labour-intensive goods.
EDITORIAL
Editor: Nick Marlow
Tel: +44 1327 315429
Fax: +44 1327 315430
Mobile: +44 7967 507996
I
S China losing its appeal? As the grip of the global recession tightens,
fi shing-tackle brands the world over are looking to reduce their costs.
For the past few months I have fi elded an increasing numbers of calls
E-mail: nick@dhpub.co.uk
and e-mails asking me for information about manufacturing in both Vietnam
Deputy editor : David Guest
and Mexico.
Tel: +44 1327 315465
Asking why always results in the same answer – “we cannot cope with the
Mobile: +44 7595 651834 constant price increases,” they say. “Our current supplier is changing the prices
E-mail: david.guest@dhpub.co.uk
on a monthly basis”. T_h e usual answer to this, of course, is to switch supplier.
US Correspondent : Tom Meade
Looking for a new country to work in? Well that’s a relatively new concept
Tel: +1 401 364 1914
Fax: +1 401 364 1914
Nick Marlow
for this trade.
In truth, I do know of a few facilities that are currently being built in
E-mail: f_i shingjournal@hotmail.com
Editor
Vietnam – but as far as I am aware the only one ‘online’ at the moment is the
new Daiwa factory located in Da Nang (see page 5), which produces rods and
European Correspondent: Alessandro Brunelli
Tel: + 41 91 682 16 59
reels. I also know of two US-based brands opening up factories in Mexico.
E-mail: alessandrobrunelli@hotmail.com
Looking outside of the tackle trade, after China, Vietnam and Mexico are
both emerging as the world’s next factories of choice for labour-intensive
ADVERTISING
goods.
Business Development Manager
Kevin Pearce
Electronics giants are opening facilities in both Vietnam and Mexico. And
Tel: +44 1327 315466
clothing and footwear have been in Vietnam for a while now.
Mob: +44 7595 651 833 T_h e labour cost in Vietnam is half that of China, while worker productivity
Fax: +44 1327 311190
is about the same. In Mexico, trade agreements make it much cheaper to
E-mail: kevin.pearce@dhpub.co.uk
bring goods across the border than to ship from China.
USA Advertising Bart Manganiello
T_h e Vietnamese government has already increased the mandated minimum
Tel: + 1 914 722 7601
wage for foreign-funded companies in Ho Chi Minh City and Hanoi, the
Fax: +1 914 722 7602 national capital, by 13 per cent. But the rate is still aff ordable.
E-mail: bartalm@optonline.net
Chinese-made goods have, at the same time, become increasingly expensive.
Ad Production Manager Justin Fox
T_h at gives Vietnamese manufacturers an opportunity to win a bigger share.
Ad Production Assistant Joanna Topping
Vietnam’s accession to the World Trade Organization (WTO) in January
last year has provided its textile industry with quota-free access to the
PRODUCTION
US. Joining the WTO regime has also caused a massive surge in overseas
Chief Sub Editor Dean Kirkman
investment commitments this year.
Sub Editor Dave Burnham
T_h e biggest draw of the country is clearly its labour. T_h e median age in
Creative Director Mark Grafton
Vietnam is 25 years. T_h e workforce isn’t just young, but also literate and
Head Designer Ben Jones healthy: the proportion of people who are undernourished has been cut in
Ad Design Dave Thomson, Minesh Mistry,
half over the past three decades.
Mike Calvert, Ian Haynes and
Stephen Jorgensen
So are we going to see all fi shing tackle production switching from China
to Vietnam and Mexico? Well of course we aren’t. For most, the cost of
Repro Manager D e rek Mooney moving production far outweighs any benefi ts. But if you are building from
Snr Repro Assistant Thomas Webb
scratch… that’s an entire diff erent story… TTW
Repro Assistant Stephanie Horn
Graphics Technician Peter Holmes
Marketing Designer Paul Evans
Publisher Sean O’Driscoll
David Guest’s Hot Topic...
Tel: +44 1327 311999
Fax: +44 1327 312418
THESE really are exciting times at Don’t forget that you can also
Mobile: +44 7788 922976
Tackle Trade World. We have a newly access the latest news, features, survey
E-mail: sean@dhpub.co.uk formed team, a new look to the results, magazine-distribution fi gures
magazine and some exciting online and advertising information on the
DHP Ltd
Editorial, administration,
developments in the pipeline. All of website too.
subscriptions and accounts to:
these combined should really boost Finally, I would like to take this
DHP Ltd, 2 Stephenson Close, what is already a key business tool in opportunity to say hello, bonjour,
Drayton Fields, Daventry,
Northants, England, NN11 8RF, UK
David Guest
the international tackle trade. guten tag, hola and howdy to
Tel: +44 1327 311999
Deputy Editor
T_h e website is set for something everyone in the international tackle
Fax: +44 1327 312418
of a revamp, with an electronic trade. I have spent two years in the
newsletter being the highlight. UK trade working on Britian’s No1
DHP Ltd Simply by signing up with your fi shing-trade magazine and I look
Is an ATA member
name and e-mail address you will forward to working with all of you.
receive a regular feast of tackle trade If you have a story that the trade
news delivered straight to your inbox needs to know, either contact me or
– further enhancing the way in which use another of our website’s useful
TTW keeps your fi nger on the pulse. features and submit a story there! TTW
P03_TTW_01_global view.indd 1P03_TTW_01_global view.indd 1 19/11/08 1:49:53 pm19/11/08 1:49:53 pm
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