Local designers position Cebu as ‘green jewelry’ destination
The positioning of Cebu as Asia’s prime destination for green jewelry could be the ticket for the local fashion accessories sector to withstand the repercussions brought about by a possible collapse of the US financial system.
This positioning, according to officials of Cebu Furniture Accessories Manufacturers and Exporters (Fame) Foundation, can help uplift the industry, which has been experiencing a slowdown in the past three years.
Fame president Janet Chua, also of Cyprea International Inc., earlier said the sector experienced a setback in 2006 due to “overstocked purchases” from foreign clients. GMANews.tv