Blog: The winners and losers of 2015
Michelle Russell | 21 December 2015
From retailing to manufacturing, sourcing and sustainability, winners and losers were not hard to find in the apparel industry in 2015. As the year draws to a close, just-style's annual review tracks those for whom 2015 will be memorable in more ways than one.
We've also taken a look back at the top news stories on just-style in 2015. Free trade agreements, cutting-edge innovations, sandblasting in Chinese jeans factories, new minimum wages, and retail job cuts were just a few of the issues that made the headlines.
This year will also be remembered for the striking of a crucial agreement at the 21st session of the Conference of the Parties (COP) to the UN Framework Convention on Climate Change (or COP21).
Industry experts are calling on the global clothing industry to engage with the new deal, warning that a warming planet imperils not only the raw materials the industry needs but also poses an existential threat to the sector's prevailing business model. Unions hailed the inclusion of the 'just transition' worker protection provision in the agreement as a "considerable achievement", but warned that pressure will continue to be placed on governments to deliver on that commitment.
Elsewhere, US apparel giant VF Corp has revealed plans to extend its Third Way manufacturing programme to strategic suppliers in sub-Saharan Africa as it continues to build long-term relationships with key partners.
And, industry expert Mike Flanagan looks at how Adidas' announcement - that it expects its costs to rise sharply over the next five years - underlines some crucial changes buyers in different countries have seen in their sourcing operations since the beginning of this century.
With diplomatic tensions mounting between Turkey and Russia over the downing of the Russian Su-24 jet fighter plane last month, there are rising concerns that the important Turkish clothing sector could struggle as a result of these geopolitical troubles.
Also facing challenges is Myanmar, a new report suggests, despite the country's booming garment industry. This growth, authors say, is failing garment workers, who work up to 11 hours a day, six days a week, on very low wages and often in dangerous conditions.
Meanwhile, in other news, one industry expert warns that legislation may not be enough to combat modern slavery, Patagonia voices opposition to the Trans-Pacific Partnership (TPP) free trade agreement, US apparel prices continue on a downward trajectory, a US rate rise may hit consumer spending, and the Bangladesh Alliance and Accord will receive "no extension" on their inspection periods.
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...
- Hard hit Turkish industry is not knocked out
- "Power of the many" drives change at Otto Group
- China leads US apparel sources with falling prices
- Vietnam grows share of US apparel imports in 2016
- US apparel sector braces for potential cost hikes
- US Q4 in brief – Foot Locker, Nordstrom, Carter's
- Bangladesh crackdown has cost garment sector $100m
- Inditex and H&M boycott Dhaka Apparel Summit
- Macy's will "do the right thing", says Lundgren
- JC Penney to close 140 stores amid lower sales
- 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