Top stories on just-style this week...
By Petah Marian | 4 May 2012
Top stories on just-style this week included a report on the surge in Sri Lanka's apparel exports, India ending its ban on cotton exports, and the sale of Collective Brands to a consortium made up of Wolverine Worldwide and private equity firms Blum Capital Partners and Golden Gate Capital.
SRI LANKA: Apparel exports surge 20% in value in 2011
The value of apparel exports from Sri Lanka soared by more than 20% to break through the US$4bn barrier in 2011, according to the country's Export Development Board.
INDIA: Ends cotton export restrictions
The Indian government is to allow cotton exports from the country again, after a decision today (30 March) reversed nearly two-months of restricted shipments.
PERU: Groups seek change to garment labour laws
Workers' rights groups have described Peru's legislation covering non-traditional exports as "unconstitutional" and "in breach of international labour standards".
US: Collective Brands to be sold in $2bn deal
A consortium made up of Wolverine Worldwide and private equity firms Blum Capital Partners and Golden Gate Capital has emerged as the winner in the race to buy footwear retailer Collective Brands Inc, after a $2bn deal was agreed today (1 May).
just-style management briefing: Apparel supply chain challenges in 2012
After the turmoil of 2011, the biggest challenges facing the global apparel supply chain in 2012 continue to include rising costs, political and economic uncertainty in both consumer and sourcing markets, the changing role of China, increased competition at retail, pressure to integrate supply chains and the shift towards faster fashion cycles. Against such a background, the ability to quickly adapt to changing conditions and pressures will separate the winners from the losers.
Sectors: Apparel, Finance, Footwear, Manufacturing, Social & environmental responsibility
Companies: Collective Brands
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