The most read stories on just-style this week include a look at apparel software trends, concerns that a recent surge in cotton prices is due to China building its reserves, and PVH’s surprise that integration of Warnaco will cost more than initially expected.
Apparel software trends: Supply chain challengesSocial and environmental compliance are the main issues facing today’s apparel supply chains, according to industry experts consulted by just-style. The continued shift towards faster and faster fashion cycles, along with pressure on retailers to adapt to an omni-channel experience, are also throwing up challenges when it comes to flexibility in global sourcing.
GLOBAL: Cotton price surge could be due to China building reservesA recent surge in cotton prices could be due to concerns about a tightening supply-demand balance outside of China as China continues to build reserves, according to the International Cotton Advisory Council (ICAC).
In the money: PVH surprised by Warnaco lack of investmentWarnaco buyer PVH has expressed surprise at the lack of investment in operating platforms following its acquisition of the company.
US: Three textile trade associations mergeThree US textile trade associations are set to merge into one industry trade association, which will bring the majority of the US textile industry under one voice in Washington policy circles.
AUSTRALIA: Billabong halts trading as takeover talks continueAustralian surfwear brand Billabong has halted trading in its shares while negotiations continue with its two suitors.