Blog: Imports rise but promotions drive sales
Leonie Barrie | 9 September 2013
US textile and apparel imports continued to climb in July as retailers brought more merchandise into the country for the start of the back-to-school season, with double-digit gains seen by both Bangladesh and Vietnam.
According to official figures, total textile and apparel imports climbed 4.8% compared with a year earlier. Leading the way, China remained the largest textile and apparel supplier to the US in July, with shipments up 5.92%. India, in second place, saw gains of 5.4%.
One of the biggest winners in the month was Bangladesh, whose US imports jumped 16.6%, continuing to suggest the country's factory safety issues have so far had no negative impact on orders.
But figures also suggest the back-to-school selling period got off to a slow start in August, as US apparel retailers turned to aggressive promotional activity to try to drive sales. A shift towards spending on durables, vehicles and housing is also starting to raise concerns for the upcoming holidays, the biggest selling season of the year.
Having long sat on fashion's sidelines, Australasia has generated significant interest of late. In particular, the region's relative resilience to the financial turmoil seen in much of the northern hemisphere has proved to be a key attraction for international retailers.
And prompted by issues raised by the collapse of the Rana Plaza factory complex in Bangladesh, work is underway to develop a new international labour standard for the global garment industry.
The Garment Industries Transparency Initiative (GITI) has been proposed by Nobel Laureate Professor Muhammad Yunus, and seeks to set out standards that not only improve conditions for factory workers, but also rank the efforts of individual companies. By doing so, it hopes to improve the sector's accountability and transparency and reassure buyers and consumers on factory working conditions.
As Radio Frequency Identification (RFID) tagging has matured, its benefits for the apparel industry have become clear. In this month's management briefing, just-style looks at the latest innovations, opportunities for enhanced supply chain visibility and return on investment, increased accuracy in inventory management, protection against theft and counterfeits, and the impact of omni-channel retailing.
Some of just-style’s more eagle-eyed readers might have noticed a small change to the menu bar on the homepage: the addition of the word re:source. Yes it might be a small change – but it marks the co...
Over the past week just-style has continued to try to unravel the potential ramifications of Donald Trump’s election as the next president of the United States....
The European Union (EU) is being urged to adopt a roadmap for Sri Lanka with time-bound measures to comply with core labour conventions before it can regain GSP+ beneficiary status. ...
One event dominated the international airwaves last week, and on just-style too we took a closer look at the surprise election of Donald Trump as the 45th president of the United States....
As the Brexit roller-coaster continues to twist and turn, and the US presidential election campaign nears its unpredictable and possibly protectionist end, there's no doubt these events – and the perc...
- Why do modern robotics elude sportswear makers?
- Traditional financing is a misfit for fast fashion
- Mexico makers bullish on Trump's proposed tariffs
- Bagir CEO says suit-maker is back on track
- How would end of NAFTA affect US apparel industry?
- Bagir exports first trousers for H&M from Ethiopia
- US Q3 in brief - G-III Apparel, Express
- Fruit of the Loom CEO Medlin dies suddenly
- Crystal expands empowerment project to male staff
- Film documents Cambodia garment workers' stories
- Outdoor performance apparel 2016: A broader perspective
- Global market review of lingerie – forecasts to 2022
- Global apparel markets: product developments and innovations, October 2016
- Footwear Top 5 Emerging Markets Industry Guide_2016
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack