The most-read stories on just-style this week include a look at the savings Tesco’s F&F brand has made by using 3D virtual fit and prototyping technology, the acquisition of an RFID specialist, and the Sri Lankan government starting negotiations with the EU for GSP+.
The Fit Factor: Tesco’s F&F cuts costs and lead times with 3D fit
Supermarket retailer Tesco has calculated that cutting lead times by one to two weeks on around one-third of the styles in its F&F clothing range adds 4-8% to net margin and generates savings of between GBP20 and GBP40m (US$30-60m). And this is just the tip of the iceberg when it comes to the benefits of 3D virtual fit and prototyping technology.
ITL Group acquires RFID specialist Overheer
Apparel label business The ITL Group has acquired a majority shareholding in Candian RFID company Overheer Systems.
Fineline launches customisable RFID hangtags
Ticketing specialist Fineline has introduced new branded hangtags with integrated RFID capability, disposing of unsightly secondary RFID stickers and tickets.
Sri Lanka negotiates with EU for GSP+
The new Sri Lankan government has started negotiations with the European Union (EU) in a bid to re-secure membership of Europe’s Generalised Scheme of Preferences (GSP+) scheme.
Hugo Boss says labour rights claims inaccurate
Hugo Boss has denied claims made by union activists over its treatment of workers at a factory in Turkey, labelling them inaccurate and factually incorrect.
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