By: Leonie Barrie
just-style editor Leonie Barrie shares her thoughts on some of the top stories in the news.
With global cotton prices sitting at a five-year low, apparel firms should be benefitting from lower unit costs. That's the theory at least. The reality, however, is that any gains are unlikely to show up until the second half of next year - and more likely than not will be offset by rising labour and compliance costs.
Any talk of Gap Inc's portfolio invariably focuses on its Gap, Banana Republic and Old Navy brands. But new number crunching suggests the company's Athleta women's athletic wear line is also gaining momentum.
The international apparel supply chain faces a complex array of risks and variables, and buyers are putting a high priority on minimum disruption. Indeed, there's a stark link between the three top-ten supplier countries whose imports to the US have fallen this year so far.
Do the biggest companies also have the best supply chains - or should it be instead that the best supply chains help grow the most successful companies? It's quite a question, but there's no doubt that there's a connection between the two, especially when it comes to Zara-owner Inditex, H&M and Nike.
Among the numerous statements released today (24 April) to mark the first anniversary of the Rana Plaza tragedy, there is a depressing similarity hanging over them all: that despite a year of industry-wide action aimed at improving conditions in the country's booming garment sector, much more work still needs to be done.
An annual update of US apparel industry trends might use data that is more than a year old, but it offers an interesting snapshot of the state of play in the US textile and apparel trade, from domestic production trends to import costs.
Having spent the past two years building up massive cotton stockpiles that now account for an estimated half of the world's supply, the Chinese government is selling off some of its reserves.
Efforts to increase supply chain transparency should include closer collaboration and partnerships with suppliers, an industry event has heard.
The falling value of the Indian rupee is proving to be something of a mixed bag for the country's clothing industry.
In its constant search for cheaper and cheaper production bases around the world, there are few places the apparel and textile industry has left untouched. But still the search goes on. From Africa to the Americas, Burma to Bangladesh, there seems to be a never-ending debate as to the next sourcing hotspot.
The US decision last month to suspend trade benefits for Bangladesh was a symbolic gesture intended to emphasise its frustrations over factory safety in the country's garment sector. But could the European Union's repeated threats to cut access to its own GSP system prove more of a wake-up call?
Is Bangladesh is a place where workers are safe to make clothes sold by Western retailers and brands - and is the lure of low costs a risk worth taking? Last week's collapse of the eight-storey Rana Plaza factory complex has brought these concerns to the fore all over again.
Ron Johnson, the man hired just 18 months ago to transform US retailer JC Penney, has been unceremoniously ousted after his radical revamp plans failed to gain traction.
Since 2009, active wear brand Lululemon Athletica has seen profits soar, regularly increasing its guidance after better than expected performances. But, is the recall of its black Luon pants a sign that the brand is growing too quickly?
For all the talk about declining Chinese competitiveness and the likely growth in near-sourcing, official figures show China continued to dominate US apparel and textile imports last year.
- China tightens on corporate social responsibility
- Marks & Spencer to extend mobile phone monitoring
- Factoring: a lifeline for apparel suppliers?
- Outdoor industry's future must be more inclusive
- Responsible apparel sourcing requires teamwork
- Adidas "Reebok sale" would be admittance of defeat
- New JC Penney CEO “credible but no solution”
- UPDATE: A&F appoints Horowitz to head Hollister
- Coats to open new zip factory in Bangladesh
- Fire and safety events to converge on Bangladesh
- Ethiopia – the emerging textile and clothing industry
- Apparel Market in China to 2018 - Market Size, Trends, and Forecasts
- Wool in the 21st Century: new prospects for a familiar fibre
- Global market review of denim and jeanswear – forecasts to 2020
- Prospects for the Textile and Clothing Industry in Vietnam