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Continuing our look at what lies ahead for the apparel industry and its supply chain in 2017, the panel of industry experts consulted by just-style last week tackled likely shifts in the sourcing landscape.
This week our focus turns to first thoughts from a panel of industry experts consulted by just-style on the challenges and opportunities likely to face the apparel supply chain in 2017, with prospects for volatile and uneven growth, Trump’s trade policies, and tensions between the US and China among the issues highlighted.
Welcome back after the holiday break, and from the team here at just-style I’d like to wish all our readers a happy and prosperous New Year.
Apparel sourcing is a complex process built on a mix of location, logistics, lead-time, price, compliance, risk and reliability. And it's in a constant state of flux as retailers, brands and manufacturers try to find the right balance across all these factors.
The countdown is over: we’ve now opened applications to join the testing program for just-style’s new apparel sourcing planning tool, re:source.
Despite expectations for a rise in imports as retailers gear up for the holiday shopping season, the volume of apparel shipments into the US continued to slide in October.
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.
Among the issues currently facing leading sportswear brands and manufacturers is the struggle to equip factories with the robotic and cyber physical systems (CPS) element of Industry 4.0 processes – at least in the near term, a major international conference has heard.
The result of the US presidential election shows how global events are adding massive uncertainty to apparel sourcing.
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%.
- Trump and the apparel industry – Infographic
- $1.7bn package to boost Pakistan clothing exports
- Mexico riots hit apparel retailers and shipments
- Outlook 2017 – What next for apparel sourcing?
- British Brexit plans prioritise tariff-free trade
- Cambodia clothing exports at risk from Brexit
- MAS Holdings planning second industrial park
- Apparel brands urge Bangladesh PM to address wages
- American Apparel to shutter all stores?
- JC Penney latest retailer to shutter stores?
- Global apparel markets: product developments and innovations, October 2016
- Anti-odour clothing: fresh fashion for an active lifestyle
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Outdoor performance apparel 2016: A broader perspective
- Global market review of lingerie – forecasts to 2022