Blog: Environmental impact slanted on supply chain
Leonie Barrie | 27 May 2015
Luxury goods group Kering is taking an innovative approach to understanding – and changing – the environmental footprint of its business by putting a monetary value on the ecological impact racked up across its operations.
And the numbers make for uncomfortable reading. The first ever Environmental Profit & Loss (EP&L) report from the group behind brands such as Gucci, Saint Laurent and Stella McCartney reveals that 93% of its total environmental impact falls within the supply chain.
Kenya, Ethiopia and Uganda are all ramping up their efforts to put Africa on the apparel sourcing map with a range of policies designed to encourage mills, manufacturers and buyers to invest. But another country vying for a slice of the action is Tanzania, with ambitions to offer the best overall package in Africa.
But groups representing apparel and footwear manufacturers, brands, and retailers in the US and Africa are urging the quick renewal of the Africa Growth and Opportunity Act (AGOA) – warning that delays in its passage are dragging on sourcing decisions.
And the Philippine government is being urged to carry out a "full and detailed" investigation into the circumstances surrounding a fire at a footwear factory in the country earlier this month, which killed 72 workers.
Tools for 3D design and virtual prototyping were among the highlights at the recent Texprocess trade fair. And while faster time-to-market, lower cost and increased productivity are among the benefits, there is also debate on how the technology is re-writing the rules.
The annual results from UK retailer Marks & Spencer have raised hopes among investors that the group is facing a brighter future. As well as M&S's first profit in four years, the clothing division significantly increased profit margins even though sales were below expectations. But is this enough to turn its fortunes around?
And Ascena Retail Group, operator of Lane Bryant and Justice, brands, is to acquire Ann Inc in a deal valued at around US$2.16bn - making Ascena one of North America’s largest apparel retailers.
In other news, PVH has named Sri Lanka’s Brandix Group as its Global Supplier of the Year across all product categories represented by its global vendor base; and first-quarter sales at the Gap brand have fallen at a faster pace than analysts had expected.
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....
US apparel and footwear group Deckers Brands, the maker of Ugg footwear, has revealed it is exploring "strategic alternatives", including a potential sale of the firm, on the back of a disappointing t...
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. ...
British retailer Marks & Spencer has agreed a new contract with the two sourcing directors who have been responsible for overhauling the group's clothing supply chain....
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...
- Rana Plaza four years on – Timeline of change
- Trump and Brexit get a dose of pragmatism
- Industry groups reaffirm commitment to Bangladesh
- Using worker surveys to drive supply chain change
- Where does VF supply chain sit in growth strategy?
- Nike filed patent for "reinforced denim"
- Adidas to digitalise Speedfactory concept
- Gap unveils five-year sustainable fibres pledge
- M&S extends sourcing deal with Lindsey brothers
- Adidas and Reebok top transparency index
- Global market review of denim and jeanswear – forecasts to 2022
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- 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
- Myanmar - ISA Country Report