The most-read stories on just-style this week include M&S and the publication of its updated 2020 sustainability report, Hanesbrands’ deal to acquire European lingerie leader DBApparel, and a warehouse fire at Asos.
INSIGHT: Living wage a changing challenge for M&S
UK retailer Marks & Spencer has described its efforts to ensure workers in the factories it sources from are paid a fair living wage is an “ever-moving feast”.
INDIA: Uniqlo looks to India for garment sourcing
Casual clothing company Uniqlo, owned by Japanese giant Fast Retailing Co, is looking to begin sourcing garments from India.
US: HanesBrands to buy European lingerie leader DBA for $545m
Underwear maker HanesBrands Inc is to buy European lingerie leader DBApparel – owner of the DIM, Playtex, Wonderbra and Shock Absorber brands – in a EUR400m (US$545m) deal.
UK: Asos loses 20% of stock following warehouse fire
Online fashion retailer Asos says around 20% of stock at its distribution centre in Barnsley has been “compromised” following a fire at the facility on Friday (20 June) evening.
SOURCING: African apparel makers must plan for renewed AGOA
There are growing opportunities in the US for African clothing and textile producers, but a long-term preferential trade agreement is needed for them to develop supply chains that can meet demand, industry experts at the Source Africa trade show have said.
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
