Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.
UK: M&S to lengthen supplier payment terms
The UK’s largest clothing retailer Marks and Spencer (M&S) has confirmed to just-style that it plans to change its current monthly pay cycle for general merchandise suppliers, in a move that will see a longer delay in payments.
PAKISTAN: Apparel buyers divert orders amid supply fears
Garment exports from Pakistan are likely to be down by nearly one-third as orders for the Christmas season shift to Bangladesh and Sri Lanka over fears that supply will be disrupted as a result of the recent floods.
SOURCING: Pakistan cotton crisis adds to apparel costs
Textile and clothing firms around the world are bracing themselves for more disruption to cotton supplies and a possible rise in garment prices after the worst floods in decades hit Pakistan’s cotton industry, squeezing companies just as they head into the important summer buying season.
ANALYSIS: Grim outlook for American Apparel
Once the epitome of health with its young, slick, urban fashion sense, American Apparel is now on the critical list thanks to a succession of disastrous setbacks.
ANALYSIS: CEO frustrated by Gap’s fluctuating fortunes
Even though Gap Inc managed to beat second-quarter earnings forecasts with the help of higher revenues at its Old Navy and Banana Republic chains, the retailer’s boss admits to being “disappointed” that sales at its namesake chain continue to run below par.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
