Blog: High-profile retail collapses continue
Leonie Barrie | 9 May 2016
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.
The company has most recently been locked in a dispute with its main supplier – which has disrupted the supply of merchandise to its stores – but has also struggled to adapt to the changing tastes of teenagers and competition from fast-fashion operators. It will initially close around 154 stores in the US and Canada.
Meanwhile, troubled US retailer American Apparel is using a crowdsourcing campaign to look for new ideas for made-in-US products such as footwear that it can sell in its stores and online.
The Los Angeles based business, which emerged from Chapter 11 bankruptcy protection earlier this year, is seeking items such as leather goods, canvas goods, footwear, jewellery and small home furnishings.
And US clothing giant PVH Corp, owner of the Tommy Hilfiger and Calvin Klein brands, will begin manufacturing its clothing products in Ethiopia this summer, just-style has learnt.
Clothing maker Gildan Activewear is expanding its manufacturing presence into Mexico after agreeing to buy Alstyle Apparel for US$110m. The apparel firm sees the ability to plug into its large-scale, low-cost global supply chain as the key to driving synergies from the acquisition.
Without a clear overview of their supply chains, companies face the very real risk of rogue sourcing and supplier fraud happening right under their noses. One of the keys to improving quality, compliance and oversight throughout the supply network is the implementation of new technology and software solutions.
Secret documents relating to the Transatlantic Trade and Investment Partnership (TTIP) trade pact being negotiated between the US and the EU have been leaked by environmental activist group Greenpeace – although the EU's top trading officials have denied any accusations of attempting to lower standards.
And in this month’s management briefing we take a closer look at sourcing shifts, and ask ‘Where next for apparel sourcing?’
Once clothing sourcing was all about China. Not any more. New manufacturing hubs offer a new competitive edge, while sourcing closer to home is a more commonly considered option. But this multiplicity of choices can bring its own headaches, requiring brands and retailers make subtle, complex and fluid purchasing decisions to keep ahead of the competition.
Fresh from their disappointment at seeing the Trans-Pacific Partnership (TPP) free trade deal abandoned last month with an executive order by President Donald Trump, the US apparel and footwear sector...
The Bangladesh government has responded to pressure over its crackdown on labour activists after a number of global brands and retailers pulled out of this week's Dhaka Apparel Summit in protest....
With the ultimate aim of ensuring all the cotton in its products is sourced sustainably, value clothing retailer Primark is adamant that having a business model focused on offering the lowest prices o...
Last week we marked the inauguration of Donald Trump as the 45th president of the United States by taking a closer look at what's at stake for the textile and apparel trade – especially his promises t...
Apparel maker Gildan Activewear has booked a rise in both earnings and revenue in its fourth-quarter, thanks to growing sales in its printwear and branded apparel businesses....
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...
- China leads US apparel sources with falling prices
- Hard hit Turkish industry is not knocked out
- "Power of the many" drives change at Otto Group
- US apparel sector braces for potential cost hikes
- Vietnam grows share of US apparel imports in 2016
- US Q4 in brief – Foot Locker, Nordstrom, Carter's
- Bangladesh crackdown has cost garment sector $100m
- Adidas and Burberry recognised for sustainability
- Inditex and H&M boycott Dhaka Apparel Summit
- Macy's will "do the right thing", says Lundgren
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022