Blog: Leonie BarrieImports 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.

ANALYSIS

Is the apparel industry about to be Trumped? – Infographic

The election of Donald Trump as the 45th president of the United States casts a shadow of uncertainty over the textile and apparel sector, with his promises to tear up US trade agreements, impose tari...

BLOG

Likely shifts in the sourcing landscape in 2017

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...

BLOG

Trump trade policies and China tensions top concerns

This week our focus turns to first thoughts from a panel of industry experts consulted by just-style on the challenges and opportunities likely to face the apparel supply chain in 2017, with prospects...

NEWS

New project to digitalise European fashion supply chains

A new initiative has been launched to digitalise the fashion supply chains of at least 100 European companies to improve product traceability, time to market, warehouse management and data exchange....

BLOG

Happy New Year – and a first look at 2017

Welcome back after the holiday break, and from the team here at just-style I’d like to wish all our readers a happy and prosperous New Year....

NEWS

G-III Apparel taps Kennedy for Donna Karan

Branded apparel and accessories maker G-III Apparel Group has tapped Ralph Lauren's Barbara Kennedy as its president-wholesale-design, merchandising and sales for Donna Karan, following its US$650m ac...

BLOG

New re:source to help unravel sourcing decisions

Apparel sourcing is a complex process built on a mix of location, logistics, lead-time, price, compliance, risk and reliability. And it's in a constant state of flux as retailers, brands and manufactu...

just-style homepage



Forgot your password?