Blog: Leonie BarrieVietnam's exports to the US continue to surge

Leonie Barrie | 14 July 2015

Apparel imports into the US continued on their upward trajectory in May, with China bouncing back from its second decline this year, Vietnam surging and Bangladesh up again. But while eight of the top-ten supplier counties saw growth, those further down the list suffered.

A deeper look at trade shifts in 2014 shows that Vietnam was responsible for the lion’s share of the overall growth in US textile and apparel imports, while China held its stake of the total at around 39%.

Some of the largest international fashion brands sourcing from Pakistan – including H&M, Li & Fung, Gap India and C&A – have reaffirmed their commitment to improving labour and environmental practices in the country’s textile and clothing sector.

For factories, one of the biggest challenges is how to deal in an open-costing world? As a supplier will it help to give buyers a breakdown of costs, or will buyers just use this as a means of driving cost down?"

?And in terms of technology, while 3D design and virtual prototyping is already well-established in industries like architecture and automotives, the fashion industry is still grappling to find the best ways to leverage its business benefits.

Legacy systems are also holding back manufacturers in the fast-paced fashion industry - with brand owners and manufacturers in many cases questioning whether they are fit for the task in hand.

In an analysis of plans by Li & Fung and Chinese retailers Bailian Group and Wangfujing Department Store to develop private label clothing brands, analysts believe there are considerable challenges to overcome.

And an improving US labour market, rising consumer confidence and higher wages were not enough to spark a significant break-out in spending in June, with half of the clothing chains reporting monthly comparable store sales seeing lower or flat trends.

And in other news, an EU initiative on responsible management of the garment supply chain is being planned; labour rights groups want an overhaul of the approach to inspection reports on factory safety and working conditions; and Bangladesh apparel exports missed their full-year target.

NEWS

US Q3 in brief – Destination Maternity, Cherokee, Sears, Vince Holding

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging c...

BLOG

A new re:source from just-style

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...

NEWS

Björn Borg acquires Benelux distributor Baseline

Swedish underwear business Björn Borg has acquired its Benelux distributor Baseline Group for EUR1.25m (US$1.3m) as it continues to accelerate the vertical integration of its operations and reposition...

BLOG

Trump's trade ramifications continue to unravel

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....

NEWS

Top stories this week on just-style...

Top stories this week on just-style include a look at the steps to piloting living wages in garment factories, why duty-free trade is key to building African supply chains, and how Myanmar's garment i...

BLOG

What's in store following Trump's election?

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....

BLOG

Political shadow over apparel supply chain

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...

just-style homepage



Forgot your password?