The most-read stories on just-style this week include a look at the shifts in manufacturing costs that are driving companies to re-think their global production strategies, a closer look at Li & Fung’s three-year strategy, and the continued unrest in Cambodia’s garment industry.
SOURCING: Worldwide changes in cost competitiveness
Decisions on where to focus supply chains involve a complicated mix of wages, productivity, energy costs, currency values and other factors – all of which are quietly but dramatically redrawing the map of global manufacturing cost competitiveness, new research suggests.
SOURCING: Li & Fung looks to new frontiers for growth
Li & Fung has outlined a number of new frontiers the global sourcing giant is looking to explore as it works through its three-year roadmap, which it hopes will capture new customers in new categories and countries, and increase the group’s cross-selling activities.
CAMBODIA: Garment industry hit with fresh strike action
A fresh wave of trade union action has hit Cambodia’s garment industry, with as many as “25 separate strike actions having taken place within matter of 22 days in August alone”, a union has said.
IN THE MONEY: Gap impressed with supply chain platforming progress
Apparel giant Gap Inc has said it is impressed with how much progress it has made on its supply chain fabric platforming as it shifts its relationships from vendor-based to mill-based.
CHINA: Minimum wage rises will be tough to handle
A major Chinese textile company has told just-style the recent spate of minimum wage rises in China cities will put pressure on an industry already struggling to maintain profits amidst rising costs.
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
