Top stories on just-style this week include a look at how changes in minimum wage rates are likely to be of significant concern to apparel brands and retailers sourcing from Southeast Asia in the year ahead, US President Donald Trump says he will delay the increase tariffs on US$200bn of Chinese exports, and UK footwear group Clarks names Giorgio Presca as its new CEO.
Minimum wage rises squeeze Southeast Asia sourcing
Changes in minimum wage rates are likely to be of significant concern to apparel brands and retailers sourcing from Southeast Asia in 2019, with pay in many countries continuing on an upward trajectory.
New report claims Australian apparel is “made in poverty”
Several major Australian brands have been called out for failing to protect garment workers in their Bangladesh and Vietnam supply chains, with Oxfam Australia alleging many are going hungry due to low wages.
Trump to delay China tariff hike
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By GlobalDataUS tariffs on US$200bn worth of imports from China are set to remain at 10% after US President Donald Trump tweeted he will delay the increase to 25% which was scheduled to come into force later this week.
Macy’s to cut jobs, focus on supply chain efficiency
As part of its efforts to boost profitability, US department store retailer Macy’s Inc has outlined plans to reduce its upper management structure, in a move it says will allow better investment in areas such as improving supply chain efficiency and enhancing inventory management.
Clarks taps Giorgio Presca as new CEO
UK footwear group Clarks has named Giorgio Presca as chief executive officer following the resignation of Mike Shearwood last year.
