Blog: Public opinion matters more than Modern Slavery Act
Michelle Russell | 17 August 2015
Britain’s Modern Slavery Act, which began coming into force at the end of July, sets new disclosure standards on an extraordinary number of garment businesses. But its legal niceties won’t really determine the law’s impact, says one industry observer, who believes public opinion matters more.
As is well-accepted in the business community, buyers are responsible for what they source and who they source from - especially if that product or service is used directly to create their own product or service. But what, exactly, is the ethical role of the buyer in the supply chain?
When it comes to sustainability in the apparel supply chain, it is easy to underestimate its complexity. While there are no simple solutions, industry experts believe improvements can come about through social change, collaboration and innovation.
Elsewhere, China's decision last week to push its currency lower has fuelled concerns the world's second largest economy is heading for a slowdown. It also led to suggestions by one consultancy that it could "significantly" influence China's textile and apparel exports.
And in Myanmar, new skills programmes and increased foreign investment in footwear manufacturing appear set to generate growth in a sector that, to date, has lagged behind the country’s garment industry.
For the US apparel retail market, July proved to be a difficult month, with several companies reporting sales hurt by tax holiday shifts in some southern states. As a result, retailers heading into the key back-to-school selling season have lost some momentum.
In other news, an event is being planned in Bangladesh later this year to set out a roadmap to help the country reach US$50bn in apparel exports by 2021; an Indonesian footwear supplier to Nike has opened a $60m facility in West Java; and Infor has agreed a $675m deal to acquire cloud-based global commerce platform GT Nexus.
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...
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