Finance: Latest news and analysis articles
With the second-biggest shopping season of the year now underway, analysts are cautiously optimistic that back-to-school sales will provide...
The legal minimum wage and purchasing power of average monthly pay in some of Bangladesh's factories falls below World Bank poverty lines, a...
July proved to be another challenging month for the few US apparel retailers who still report their monthly sales, with the majority reporti...
Performance footwear and apparel brand Under Armour is evolving thanks to the launch of a new brand that will broaden its appeal to a more m...
Increasing requirements by apparel brands and retailers for specialist quality assurance, compliance and supply chain security services are fuelling the strong double-digit growth of Omega Compliance, a standalone subsidiary of sourcing specialist William E. Connor & Associates Ltd. Celebrating its tenth anniversary this year, the company tells just-style why its momentum on responsible sourcing shows no sign of slowing down.
Easy access to cheap capital, infinite computing power, and “the Uberfication of everything” are converging to create a perfect storm of disruption that's already starting to shake up the apparel retail industry, according to Kurt Cavano, founder and chief strategy officer of cloud-based supply chain platform GT Nexus.
US retail giant Sears Holdings has secured US$300m in debt financing from CEO Edward Lampert's privately owned hedge fund ESL Investments after moving to a loss in its second-quarter.
The most-read stories on just-style this week include H&M taking action over a Myanmar child labour breach, supply chain takeaways from Sourcing at MAGIC, just-style's interview with the CEO of the Sustainable Apparel Coalition, and the ongoing challenge of cotton supply chain transparency.
In the most recent second-quarter filings from US apparel and footwear brands and retailers, Sears secured a $300m loan as it moved to a loss, while Urban Outfitters delivered record results. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter.
Austrian cellulosic fibre producer Lenzing has offered an optimistic outlook as it revealed "significantly improved" first-half earnings and sales thanks to the disciplined implementation of its new group strategy.
Apparel giant PVH Corp has upped its full-year guidance as it revealed a "strong" performance, exceeding management expectations and despite what it says was a "challenging macroeconomic environment".
Speed, innovation and digitalisation of the supply chain are at the heart of a new strategy to be set out by global sourcing giant Li & Fung, which this-morning (25 August) revealed lower sales and earnings in its first-half.
Mike Flanagan, CEO at industry consultancy Clothesource, spent the first six months of 2016 campaigning to stay in the EU. Not once, he says, did he hear his opponents - or anyone in Britain's new, Brexit-friendly government - say they wanted to reject global integration or repudiate over 30 years of globalisation.
Apparel imports into the US took a tumble in June, even though more than half of the top-ten supplier countries booked growth.
- Supply chain takeaways from Sourcing at MAGIC
- Cotton supply chain transparency an ongoing issue
- Why voters don’t want more global supply chains
- No simple way to be sustainable, says SAC CEO
- Denim and athleisure top picks for back-to-school
- Zara USA faces US$5m deceptive pricing lawsuit
- Li & Fung eyes supply chain speed in 3-year plan
- EU clothing imports from China continue to plunge
- H&M takes action over Myanmar child labour breach
- US Q2 in brief - Sears, Burlington, Tilly's
- Too Many Standards
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Under Armour, Inc. (UA) - Financial and Strategic SWOT Analysis Review
- Myanmar's Garment Sector in 2015 - now with updated members' directory
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras