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.
Ten days into her new role as American Apparel CEO, industry veteran Paula Schneider sounded a confident note as she told investors and analysts this week that she is ready to build on the solid foundations of the business.
Myanmar's garment sector is in the midst of significant growth and exciting changes - and a brand new and exclusive report produced by the Myanmar Garment Manufacturers Association (MGMA) offers essential reading for retailers, brands and importers looking to source from the country.
For our annual briefing on apparel industry issues to watch in the year ahead, just-style has again asked leading executives for their feedback on the challenges and opportunities likely to emerge in 2015. Expect a continuing focus on compliance and factory safety, ongoing challenges in omni-channel and the need for new supply chain solutions - and much more besides.
With most holiday merchandise brought into the US early as retailers rushed to beat a possible shutdown of West Coast ports, it is perhaps not surprising that apparel imports fell in November. But with shipments plunging from eight of the top-ten suppliers, Vietnam alone was the stand-out performer during the month.
Deep discounts, lower fuel prices and an improved employment market all helped to drive better-than-expected comparable store sales gains for apparel retailers in the crucial month of December.
Two industry groups have welcomed federal mediation intervention to try to help resolve the ongoing labour dispute at 29 West Coast ports ahead of the import peak for spring season clothing and shoes.
Instead of our regular roundup of the most-read stories on just-style during the week, we thought a fitting end to the year would be to take a look at the top news stories, analysis pieces, comment articles and interviews on just-style in 2014.
The Bangladesh ready-made garment industry has set out an ambitious goal to double its exports to $50bn over the next seven years as it works to rebuild its reputation in the wake of recent tragedies.
As retailers made one last push to stock up on holiday merchandise amid fears of possible disruption due to the ongoing dockworkers dispute at major West Coast container ports, US apparel imports continued to grow in October. Vietnam was undoubtedly the biggest beneficiary, while Bangladesh tumbled for the eighth month in a row.
US teen apparel retailer Abercrombie & Fitch CEO Mike Jeffries this week stepped down after more than two decades at the helm. Although analysts believe a change of leadership could be positive for the group, there is no denying the new CEO faces a steep mountain to climb.
Early holiday promotions, the continued growth of online shopping, and an improving economy appear to be changing the way US consumers approach what has traditionally been the biggest shopping weekend of the year.
With imports supplying most US consumer demand for textiles and apparel, and footwear, it is perhaps not surprising the US trade deficit in both sectors rose last year. just-style takes a look at both sectors.
Decidedly at odds with fast fashion, the slow fashion movement offers an alternative to mass-produced clothing and is steadily gaining momentum. But while some believe more work is required if the message is to really take off, others see it as an ideal opportunity for middle market players.
Driving meaningful change towards sustainability in textiles within organisations, within the industry, and with consumers topped the agenda at last week's Textile Exchange Conference.
The Uzbekistan government has continued to use "systematic, mass forced labour" in this year's cotton harvest, campaigners say, claiming more adults had to work against their will to make up for a reduction in the number of children in the fields.
Using more sustainable alternatives to traditional fibres is key to helping clothing brands reduce their environmental footprint - and is set to be the default option in future. This month’s management briefing explores new eco-friendly feedstocks, tools to help sustainability decisions, and the continuing uncertainty over cotton prices.
UK retail group Marks & Spencer this week said women's wear was the bright spot in its clothing division in the first half as unseasonal weather weighed on the unit's overall performance. Speaking at its earnings conference, CEO Marc Bolland said he was confident women's wear was now moving in the right direction, with sales up 1.3%.
Apparel brands have been urged to remain committed to Cambodia after a 28% rise in the minimum monthly wage was agreed for textile, garment and footwear workers - with salaries to increase from the beginning of next year.
US department store retailer Kohl's Corporation last week held its first investor day for seven years, setting out detailed plans for future growth. Building on an agenda announced earlier this year, analysts say the new initiatives are necessary and overdue.
Insight on embracing change from Google UK, as well as tackling the "massive problem" of online returns, the emergence of 3D printing as a worrying new front for counterfeiters, managing sourcing risk, and mobile phone monitoring were all discussed at a recent industry conference.
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.
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- Apparel Retail: Top 5 Emerging Markets Industry Guide
- Management briefing: Outlook 2015: Apparel industry issues in the year ahead