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Some of just-style’s more eagle-eyed readers might have noticed a small change to the menu bar on the homepage: the addition of the word re:source. Yes it might be a small change – but it marks the countdown to the biggest launch in our 16-year history.
Over the past week just-style has continued to try to unravel the potential ramifications of Donald Trump’s election as the next president of the United States.
One event dominated the international airwaves last week, and on just-style too we took a closer look at the surprise election of Donald Trump as the 45th president of the United States.
As the Brexit roller-coaster continues to twist and turn, and the US presidential election campaign nears its unpredictable and possibly protectionist end, there's no doubt these events – and the perceived impact of globalisation – are casting a shadow of uncertainty over the global apparel industry and its supply chain.
There has been a lot of noise this year about disruption and innovation in high performance apparel – but a quieter revolution is also underway at PVH, the US's second largest importer of apparel and owner of brands such as Calvin Klein, Tommy Hilfiger, Izod and Speedo.
Speakers at two recent events have emphasised the global apparel industry must adapt if it is to remain competitive – and relevant – in a rapidly changing environment
Fashion retailer H&M and UK based glove and leather manufacturer Pittards both say they are monitoring the situation in Ethiopia closely after the country's government declared a state of emergency after months of unrest.
Increasing competition for garment sourcing contracts is seeing China not only being challenged by other countries in Asia, but by sub-Saharan African and even Russian suppliers too. And it is pushing Asian governments to sharpen their industrial policies to try to retain market share.
The monthly minimum wage for workers in Cambodia's textile, garment and footwear sector is set to rise to $153 from January next year, following a vote on the issue last week. The increase marks a rise of 9.3% on the current minimum wage of US$140.
The results of two highly-anticipated initiatives in the sportswear sphere were revealed last week: the launch of Under Armour’s new UAS lifestyle brand and the first pair of running shoes created at Adidas’s Speedfactory manufacturing facility.
The recent bankruptcy of South Korea's Hanjin Shipping, the world's seventh-largest container shipper, at the end of August, has left billions of dollars worth of merchandise in limbo, leaving the fallout for apparel and footwear importers and exporters unclear.
The ongoing challenge of tackling transparency and traceability across global supply chains cropped up again last week, with the launch of a new initiative to try to eliminate forced labour from cotton and yarn production.
As a barometer of the latest trends in the US apparel sourcing landscape, the recent Sourcing at MAGIC trade show pointed to a shift from regional to global sourcing, a move towards fewer but more capable 'super vendors', increasing interest in 'Made in USA' products, the rise of Ethiopia and concerns over Vietnam.
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.
Performance footwear and apparel brand Under Armour is evolving thanks to the imminent launch of a new sportswear line that will help broaden its appeal to a more mainstream audience, and the signing of a new partnership deal with Kohl's.
Ethiopia's flagship industrial park in Hawassa city, south of the capital Addis Ababa, has finally opened, dedicated solely to the textile and apparel sector.
Now that both the final text of the Trans-Pacific Partnership (TPP) and official trade statistics for 2015 have been released, we take another look at the likely impact of TPP's tariff phase-out schedule on US textile and apparel imports from Vietnam.
Two terrorist attacks in Bangladesh over the past week have left the country's key garment industry in turmoil, with buyers rethinking travel plans and potential economic fallout for a sector reliant on foreign investment. Observers say the sector must now join with the government in taking a lead on security and economic issues if it is to continue to thrive and attract customers.
Britain's historic vote in favour of leaving the European Union (EU) has left retailers and manufacturers mulling the consequences as the nation prepares for a long period of political and economic uncertainty.
A lack of speed in the apparel supply chain is being blamed for weaker merchandise margins, with significant structural changes needed to create a more consistent, faster and efficient sourcing model.
An overhaul of its supply chain is at the heart of restructuring plans revealed last week by Ralph Lauren's newly-appointed CEO Stefan Larsson, including a new test pipeline, shorter lead times, reduced inventory and a focus on fewer styles and more on-trend merchandise. The luxury retailer is also set to close more than 50 stores and slash its workforce by around 8%.
The new boss at British high street giant Marks & Spencer last week set out his plans to turn around the retailer's key clothing division by lowering prices and improving style, fit and quality – after the troubled unit saw like-for-like sales slump 2.9% over the past year.
Apparel retailers are continuing to be buffeted by poor sales – and none more so than US specialty retail giant Gap Inc, which last week set out plans for a turnaround after reporting a soft first quarter.
…Nike, at least according to Forbes. Its annual ranking of the top 100 most valuable companies is not surprisingly dominated by technology brands – led by Apple in the number one slot. But plenty of clothing brands and retailers also made it onto the list.
Innovation was the hot topic last week as a raft of apparel and textile companies revealed new fabrics, fibres and technologies designed to shake-up the industry.
Textured Jersey Lanka has again been recognised at the World Textile Awards sponsored by The Textile Institute, being named ‘Dyer & Finisher of the Year’ for the second year running.
Struggling teen apparel retailer Aeropostale has finally filed for bankruptcy protection, joining the ranks of American Apparel, Quiksilver, Pacific Sunwear and Sports Authority as the latest in a series of high-profile retail collapses.
Contrasting fortunes characterised the global clothing industry last week. On the one hand Hanesbrands has positioned itself as the largest basic apparel company in the world after agreeing to buy Australian rival Pacific Brands in an US$800m deal. But on the other, the UK high street stands to lose 204 years of combined retailing history as retailers BHS and Austin Reed Group both called in the administrators.
Having contributed to just-style for five years, serving as news editor for the last two, it has been a pleasure to observe and report on the global textile and apparel industry.
- Steps to piloting living wage in garment factories
- US apparel retailers' November 2016 sales roundup
- Planning is key to an effective inventory strategy
- Why do modern robotics elude sportswear makers?
- Software for financial planning and operations
- Esquel efficiency drive continues to boost brands
- US Q3 in brief – Genesco, G-III Apparel, Express
- Columbia waterproof jacket first made without PFCs
- Myanmar garment industry "lacking labour rights"
- EU urged to adopt roadmap for Sri Lanka GSP+ bid
- Outdoor performance apparel 2016: A broader perspective
- Footwear Top 5 Emerging Markets Industry Guide_2016
- Global market review of lingerie – forecasts to 2022
- Global apparel markets: product developments and innovations, October 2016
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack