The most-read stories on just-style this week include a look at how M&S plans to revamp its clothing business amid falling sales, criticism of Gap Inc for labour abuses at supplier factories, and a report on how yarn-forward rules of origin may weigh on Vietnam’s potential under the Trans-Pacific Partnership (TPP) trade deal.
How M&S plans to revamp its clothing business
The new boss at British high street giant Marks & Spencer has set out his plans to turn around the retailer’s key clothing division by lowering prices and improving style, fit and quality – after the troubled unit saw like-for-like sales slump 2.9% over the past year.
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Gap accused of rights violations in supply chain
US speciality fashion giant Gap Inc has told just-style it is collaborating with unions, governments and industry associations to improve working conditions in the factories that make its clothes after a study found violations at suppliers in India, Indonesia and Cambodia.
Adidas Speedfactory gears up for large-scale production
German sportswear giant Adidas is gearing up to begin large-scale footwear production next year at its “industry-changing” Speedfactory facility in Germany – and plans to extend the concept to the US.
Yarn-forward rules may weigh on Vietnam’s TPP potential
While Vietnam is likely to see some of the biggest apparel export gains from the Trans-Pacific Partnership (TPP), a new report confirms industry concerns that its shortfall in yarn and fabric production, ability to meet yarn-forward rules of origin, capacity constraints and related price effects could all weigh on its potential.
Footwear to see “significant” gains from TPP
Footwear is expected to be one of the clear winners when it comes to the Trans-Pacific Partnership (TPP) trade agreement, with significant gains seen in both US imports and exports.
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