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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.
The US footwear industry has voiced its disappointment that athletic brand New Balance has come out in opposition of the Trans-Pacific Partnership (TPP) trade deal.
Despite years of denial, British garment making showed signs of a revival in the second half of 2015. Is the long-anticipated UK onshoring boom finally coming into view?
Risks ranging from cargo theft to natural disasters and terrorism incidents are among the biggest threats seen to global supply chains in 2016
With a business model focused on offering the lowest prices on the high street, UK value fashion chain Primark is constantly questioned over its commitment to a range of ethical and environmental issues.
It is no secret that Vietnam's textile and clothing sector is widely expected to be one of the biggest beneficiaries of the recently-agreed Trans-Pacific Partnership (TPP) free trade pact.
If you're thinking of taking out a new subscription to just-style - or renewing an existing one - then our offer of two free research reports worth £600 (US$848) and 15 months’ access to just-style for the price of 12 might help you to make up your mind.
A referendum on Britain’s continuing membership of the European Union will take place on 23 June. Opinion polls in early March showed voters split about 50/50, with around one-third still unsure.
Central America's textile exports are forecast to slow this year as Vietnam continues to gain US market share. And, with the Trans-Pacific Partnership (TPP) gaining new support, it is expected more sourcing and investment will move to Vietnam. In response, Central America is scrambling to hammer out a new regional textiles growth strategy.
Has value fashion chain Primark identified where apparel retailers should be looking when it comes to finding new sources of efficiency?
Modern slavery, a lack of information on labour practices deep within global supply chains, and inadequate oversight of suppliers are among the biggest threats to brand reputation in 2016, a new report revealed last week.
- Under Armour on track with new UAS sportswear line
- Myanmar garment exports surged 20% in 2015
- Better factory conditions boost the bottom line
- Unravelling cotton's supply and demand challenges
- Why synthetic fibres are a safe bet for the future
- Brexit may hit suppliers with UK duty-free access
- Adidas unveils first Speedfactory running shoe
- US retailers urge action on Hanjin Shipping crisis
- Zara launches eco-friendly Join Life collection
- New US tariff classifications impact woven apparel
- Too Many Standards
- Apparel (GLOBAL) - Industry Report
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Ralph Lauren Corporation : Retailing - Company Profile, SWOT & Financial Analysis
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras