Apparel industry hot issues
just-style's highly-regarded staff of columnists have been selected to deliver the very best in apparel and textile industry opinion across a broad spectrum of disciplines from emerging markets and the environment to forecasts and finance.
Troubled UK retail behemoth Tesco has posted a 92% decline in first-half profits, weighed down by its higher-than-expected accounting error. While many analysts believe Tesco can now draw a line under its darkest days, views are mixed on how fast a turnaround, if any, is likely for the business.
An initial risk inspection on a Cambodia clothing factory which collapsed earlier this week injuring eight people suggests structural issues may have been to blame.
Glen Murphy, the CEO of US retail giant Gap Inc, this week announced his intention to step down on 1 February after seven years in the role. He will be succeeded by the head of Gap's digital division, Art Peck.
As its name suggests, the lifeblood of the fast fashion industry is, largely, speed to market. In this month’s management briefing, just-style looks at changing global sourcing trends, the role of air freight in fast fashion, how supply chains based on speed can avoid errors, and the way technology is helping companies share information more efficiently.
The great and the good of the retail industry converged on Paris for three days for the annual World Retail Congress. New technologies, the rise of omni-channel, innovation and new business models were all on the agenda, and the 'disruptive consumer' was a key talking point.
China, the world's top cotton consumer, has announced a significant reduction to its 2015 cotton import quota to boost demand for domestically-produced fibre. But experts disagree on whether the policy could pose risks for textile and clothing manufacturers.
Just a week after Asos issued its third profit warning this year, reports at the weekend suggested a potential revolt from some of the brands it sells over its aggressive discounting - exacerbating issues already weighing on the online retailer.
UK retail behemoth Tesco this week revealed a GBP250m (U$408.1m) profit overstatement in its first-half accounts. A day later and Tesco announced the early arrival of new CFO Alan Stewart. The news is sure to alarm investors and means the retailer still has a long way to go to recovery.
Ahead of Scotland's crucial referendum vote, retailers have weighed into the debate about the long-term implications if the nation decides to become an independent country, and the impact it will have on their businesses. Katie Smith takes a closer look.
After booking a "stellar" first-half performance, UK fashion giant Next Plc has detailed the progress it has made in upgrading the quality and design of its product ranges, new and improved sources of supply and the introduction of premium priced merchandise.
US retailers ramped up stocks for the start of the back-to-school season in July, pushing apparel imports for the month up by 13.4%, according to the latest data. But while China and Vietnam were the biggest beneficiaries of these gains, shipments from Bangladesh, Indonesia and Cambodia tumbled.
While well-established in many other industries, 3D technology is still relatively new to the fashion sector. But as just-style's latest management briefing shows, the tools are already starting to transform apparel firms – from design and development to 3D printing and technologies to help consumers try and buy better-fitting clothes.
US retail giant Gap Inc has made no secret of the fact that it faced - and continues to face - a number of compliance issues linked to its decision to start sourcing garments from Myanmar/Burma. And the extent of these challenges has now been revealed.
The second biggest shopping season of the year is drawing to a close, but it appears many people have yet to wrap up their back-to-school buying. With consumers continuing to remain cautious about their spending, promotions and bargains are set to drive sales for clothing and footwear retailers this year - with those offering on-trend product likely to fare best.
Li & Fung has outlined a number of new frontiers the global sourcing giant is looking to explore as it works through its three-year roadmap, which it hopes will capture new customers in new categories and countries, and increase the group's cross-selling activities.
Since Greenpeace published its Dirty Laundry report in 2011, revealing toxic chemicals in waste water discharges from two textile processing facilities in China, the environmental pressure group has been calling on apparel firms to remove these from their supply chains.
If Cambodia's US$5.5bn garment industry is not at a crossroads, it is approaching one, according to participants speaking to just-style at an industry trade show held in Phnom Penh.
The escalating tensions between Russia and the West came to a head last week when Putin ordered a year-long restriction on food imports. B while related to food, the apparel industry is unlikely to be immune from the effects of the standoff.
Half-way through the year and US apparel imports are taking shape to give a broader view of the trends so far - including average unit costs from China falling below those of Bangladesh. Not surprisingly, supply options in the first six months of 2014 point to China and Vietnam as the ongoing winners, while shipments from Bangladesh continue to drop.
Sustainability in the global textile and clothing industry is continuing to mature. In this month’s management briefing, just-style looks at ongoing developments including sustainability initiatives taking place in Asia, progress on closed loop supply chains, and the groundswell in green branding.
Data from major garment exporting countries to the EU and US shows who's winning and losing so far in 2014.
It's one thing to invest in a product lifecycle management (PLM) system - but another altogether to get the most value out of the solution. Indeed, according to industry experts speaking in London last week, PLM projects should be driven from a business perspective if they are to deliver real gains in terms of revenue, margin improvement and inventory efficiency - with users on board from the beginning.
This month, the Alliance for Bangladesh Worker Safety, and the Accord on Fire and Building Safety both issued their first annual reports, providing an update on the work carried out on improving safety and working conditions in the country to date. just-style took a closer look.
Tesco this week announced its CEO, Philip Clarke, is to step down as it issued another profit warning. The news has come as little surprise to the industry who believe his successor, Dave Lewis, could be just what the retail behemoth needs.
Indian apparel exporters have demanded a series of favourable policy decisions from the new Bharatiya Janata Party (BJP)-led government.
Faced with the growing risks of producing in Bangladesh and Cambodia as well as the rising cost of countries like China and Indonesia, it is unsurprising that apparel giant Gap Inc should begin sourcing from Myanmar. just-style takes a closer look at the country's textile and garment industry.
Although there has been a slight improvement in the proper payment of wages and benefits within Cambodia's garment and footwear industry, non-compliance in areas related to worker health and safety and fainting remains "significant", a new study has found.
The last few years have seen tremendous changes in the technological landscape of 'product lifecycle management' (PLM) and 'enterprise resource planning' (ERP) systems. This month's Management Briefing takes a look at the trends and the future of supply chain software.
UK retailer Marks & Spencer has described its efforts to ensure workers in the factories it sources from are paid a fair living wage is an "ever-moving feast". But it is making progress, as executives explained during an update to the group's Plan A sustainability initiative.
There are growing opportunities in the US for African clothing and textile producers, but a long-term preferential trade agreement is needed for them to develop supply chains that can meet demand.
- Wearable technology a key trend for 2015
- Retailers react to India forced labour allegations
- Moisture management fabrics enter a new era
- Mexico urges fast-fashion brands to source locally
- COMMENT: Innovation is the name of the game
- Hazardous chemicals found in children's products
- VF rolls out plan to eliminate harmful chemicals
- October "a scary month" for US apparel retailers
- UK Primark supplier goes into administration
- Raising the minimum wage may reduce employment