Blog: Asian suppliers take the initiative

Joe Ayling | 8 June 2009

A group of Asian garment suppliers last week launched an innovative solution to volatile demand from retailers in Europe and the US.

Using surplus stock originally planned to make clothes for now-collapsed Principles, five manufacturers decided to start their own online store under the brand name Epiq.

Whilst the website was originally started up as an emergency measure two weeks ago, Epiq has since added more stock and wants to expand the brand into the UK market.

With increasing responsibilities being placed on suppliers, such as design, warehousing and traceability, it is little wonder Epiq's initiative has hit the ground running.

Apparel and footwear makers in Asia currently have no choice but to adapt in line with a turbulent Western retail environment. And according to analysis by Clothesource last week, many are managing to do this.

The sourcing consultancy notes that the six countries making up 80% of Asian clothing exports - China, Vietnam, India, Bangladesh, Indonesia and Sri Lanka - have achieved export gains for the year so far in spite of sloping retail sales.

Successful manufacturers in these countries have managed to align themselves with retailers who continue to buck the trend, such as the UK's New Look, which last week posted full-year profits up 10.2%.

New Look's affordable fashion model resonates well with a recession-hit UK, and Asian suppliers ready to meet its design and pay structure can reap the rewards too.

Supply chain partnerships are make or break under the current climate, for suppliers and retailers alike.

By Joe Ayling, news editor.

 
UK: Principles suppliers join forces in online initiative

ANALYSIS: Global apparel sourcing in uncertain times

UK: New Look thrives on affordable fashion sales


BLOG

Likely shifts in the sourcing landscape in 2017

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 land...

BLOG

Trump trade policies and China tensions top concerns

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...

BLOG

Happy New Year – and a first look at 2017

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....

BLOG

New re:source to help unravel sourcing decisions

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 manufactu...

just-style homepage



Forgot your password?