Top stories this week on Just Style include a look at how the Covid-19 pandemic has impacted the upstream apparel supply chain, and why Cambodia’s garment sector has been left reeling from the latest lockdown restrictions. Elsewhere, Ralph Lauren is to sell its Club Monaco brand, L Brands is to spin off Victoria’s Secret into an independent publicly-traded company, and Bangladesh’s clothing industry is set to benefit from five new upstream textile factories.
The impact of Covid on upstream apparel supply chains
The suspension of orders by clothing brands and retailers because of Covid-19 has not just been a problem for apparel manufacturers – there has been a less well-documented knock-on effect in the upstream apparel supply chain.
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Latest lockdown adds to Cambodia garment sector woes
Cambodia’s latest Covid-19 lockdown restrictions were eased last week – but many of the capital’s garment factories are still dealing with impacts after a third wave of the virus surged through dozens of factories.
Ralph Lauren to offload Club Monaco
Ralph Lauren is to sell its Club Monaco brand to global private equity firm Regent, LP as the US fashion company increases its focus on its core namesake brands.
Victoria’s Secret to go public under new plans
Victoria’s Secret will become an independent publicly-traded company under new plans to separate the brand from Bath and Body Works, its owner L Brands has announced.
New Bangladesh textile hub to boost value-added exports
The Bangladesh clothing industry is looking forward to the completion of five state-of-the-art textile factories at the Korean Export Zone (KEPZ) as an important expansion of local backward linkages.
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