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.
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...
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...
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...
- What TTIP might mean for US, EU textiles & apparel
- Unlocks for the future fashion sourcing landscape
- EU eyes mandatory due diligence for apparel supply
- Geo-political uncertainty and how to survive it
- Where next for Corporate Human Rights Benchmark?
- US Q4 in brief – Finish Line, Oxford Industries
- Li & Fung forms supply chain partnership with PVH
- Sears has "substantial doubt" of future
- Vietnam limits hazardous chemicals in apparel
- World Bank commits $57bn to sub-Saharan Africa
- Central and East Europe Report Package
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective