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April 17, 2020

Online tracker lists apparel brands’ response to Covid-19

A new tracker aims to name and shame apparel and footwear brands and retailers who have made no commitment to pay their suppliers for orders that are in production or already completed during the coronavirus pandemic – as well as flagging those who are upholding their obligations.

A new tracker aims to name and shame apparel and footwear brands and retailers who have made no commitment to pay their suppliers for orders that are in production or already completed during the coronavirus pandemic – as well as flagging those who are upholding their obligations.

Free Report
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How can brands navigate the post-COVID-19 Apparel market?

In 2021, the Global Apparel market remained at 3% below pre-pandemic levels, with Europe and LATAM lagging behind. If they want to see full recovery, brands must look ahead. GlobalData is therefore offering this free report, Future of the Apparel Market Post Pandemic, to assist companies in adapting to the future market. This report explores the following topics:
  • Latest forecasts for the online apparel market out to 2025
  • How different regions and categories will perform, including which regions are lagging behind and which are performing at pre-pandemic levels
  • Which categories within the Apparel market are displaying resilience
  • Which brands are driving online spending
  • Impact of inflation on the Global Apparel market
  • What the biggest trends are that apparel businesses must adopt to succeed
Read our report on the Future of the Apparel Market Post Pandemic to gain valuable insights on how to best position your brand in a post-COVID-19 world.
by GlobalData
Enter your details here to receive your free Report.

The online ‘Covid-19 Brand Tracker’ has been created by the Worker Rights Consortium (WRC) in association with Penn State’s Center for Global Workers’ Rights (CGWR). 

The tracker is monitoring and reporting on the positions of leading corporations, and will be regularly updated.

Current listings show a number of apparel brands and retailers are paying in full for orders completed and in production, including Adidas, H&M, Inditex, Kiabi, Marks & Spencer, Nike, PVH, Target (USA) and Uniqlo. 

On the flip side, some companies have made no commitment to pay in full for orders completed and in production. These include Arcadia, Asos, Bestseller, C&A, Gap, JCPenney, Kohl’s, Mothercare, Next, Primark, Tesco, Urban Outfitters and Walmart.

The information used to compile the listings is based on public statements, direct correspondence with the WRC and/or CGWR, and information provided by country-level supplier associations as well as individual suppliers. 

The WRC and CGWR are also assessing whether corporations are honouring their commitments in their direct dealings with suppliers. 

The groups acknowledge that Covid-19 has meant a huge drop in demand for apparel, creating financial challenges for brands and retailers. But they also say corporations have a duty to manage the crisis responsibly. 

Many brands and retailers have cancelled or put orders on-hold, or are demanding retroactive price reductions, for goods already in production or completed and ready to ship. In some cases, brands have demanded large rebates, even on orders already in transit from the supplier. 

Retroactively cancelling orders on which suppliers have already incurred millions of dollars in costs imposes immense financial damage and is leading to large-scale dismissals of workers, often without legally-mandated severance or furlough pay. 

Click on the following link to view the ‘Covid-19 Brand Tracker.’

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Free Report
img

How can brands navigate the post-COVID-19 Apparel market?

In 2021, the Global Apparel market remained at 3% below pre-pandemic levels, with Europe and LATAM lagging behind. If they want to see full recovery, brands must look ahead. GlobalData is therefore offering this free report, Future of the Apparel Market Post Pandemic, to assist companies in adapting to the future market. This report explores the following topics:
  • Latest forecasts for the online apparel market out to 2025
  • How different regions and categories will perform, including which regions are lagging behind and which are performing at pre-pandemic levels
  • Which categories within the Apparel market are displaying resilience
  • Which brands are driving online spending
  • Impact of inflation on the Global Apparel market
  • What the biggest trends are that apparel businesses must adopt to succeed
Read our report on the Future of the Apparel Market Post Pandemic to gain valuable insights on how to best position your brand in a post-COVID-19 world.
by GlobalData
Enter your details here to receive your free Report.

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