Blog: Back-to-school buoys US imports
Leonie Barrie | 15 September 2014
US retailers ramped up stocks for the start of the back-to-school season in July, pushing apparel imports for the month up by 13.4%, according to the latest data. But while China and Vietnam were the biggest beneficiaries of these gains, shipments from Bangladesh, Indonesia and Cambodia tumbled.
After 40 years in Costa Rica, Hanesbrands is to move production of its men's boxers to Vietnam and will dismiss 1,250 workers in the process. The decision stems from a cost-cutting effort to move manufacturing closer to fabric suppliers in China, and will see the factories shutter in November.
The European Commission, meanwhile, has given the green light to the Philippines' GSP+ application, in a move that will lead to the removal of import duties on products including textiles and garments shipped to the EU. The proposal still needs formal approval by the European Parliament and EU Member States - with the Philippines hoping the country will have duty-free status from 1 January 2015.
As the annual cotton harvest gets underway in Uzbekistan, industry stakeholders from around the world have set out a number of steps they want the country's government to take to end the use of forced and child labour in the sector.
The "win-win" viewpoint - in which all participants are seen to benefit in one way or another - infects huge swathes of modern thinking and often crops up in debates about the garment industry. In this month's Flanarant, Mike Flanagan proposes three principles that a win-win needs if it is to succeed.
With an increasing number of companies committing to "innovation" as a key driver of growth, two separate developments came to the fore last week. The first saw VF Corp hire former Nike exec Dan Cherian to lead the company's new product innovation centres; while in the second, Sri Lankan exporter Brandix Group revealed some of potential "game-changing" apparel solutions it will help to develop.
And after booking a "stellar" first-half performance, which saw profit jump 18.6% to GBP257.7m on the back of a surge in sales, UK fashion giant Next Plc detailed the progress it has made in upgrading the quality and design of its product ranges, new and improved sources of supply and the introduction of premium priced merchandise.
In the most recent first-quarter filings from US apparel and footwear brands and retailers, Levi Strauss & Co saw sales increase but profits slip, while Hanesbrands is expecting sales of around US$1.3...
Confirmation that digital supply chains are top of mind for apparel industry executives came last week with the latest plans from global sourcing specialist Li & Fung....
As a barometer of the issues top of mind for apparel sourcing executives, it is hard to beat the annual Prime Source Forum in Hong Kong. ...
Over the past month, Donald Trump and his team failed to offer any clear plan to ensure Americans would "Buy American, Hire American" - while the British government's attempts to clarify the specifics...
The Bangladesh government was forced to respond late last week to pressure over its crackdown on labour activists after a number of global brands and retailers, including H&M and Inditex announced pla...
- Using worker surveys to drive supply chain change
- Trump and Brexit get a dose of pragmatism
- Rana Plaza four years on – Timeline of change
- No US rush to Myanmar despite end to sanctions
- Where does VF supply chain sit in growth strategy?
- Amazon wins on-demand apparel manufacturing patent
- Driving ban intensifies Myanmar logistics hurdles
- Trump bolsters "buy American" with executive order
- Inditex, Adidas and Patagonia top ethical report
- Calls for supply chain transparency standard
- Global market review of denim and jeanswear – forecasts to 2022
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Myanmar - ISA Country Report
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Clothing Market in the Top 5 American Countries to 2021 - Market Size, Development, and Forecasts