Top stories this week on just-style include a look at whether blockchain really can revolutionise the fashion industry, a timeline of President Trump’s key trade milestones, the acquisition by Nike of Israel-based fashion technology company Invertex, and Nine West Holdings filing for bankruptcy.
Can blockchain transform the apparel supply chain?
Blockchain is the big buzzword in business circles at the moment, and a string of blockchains is evolving to disrupt the sourcing and retail landscape. But what is blockchain, how do these chains work and can they really revolutionise the fashion industry? Here we take a closer look.
Timeline – Trump’s track record on trade
Since President Donald Trump took office in January 2017, his administration has been busy fulfilling major campaign promises on trade policy – much to the concern of US fashion brands and apparel retailers. To keep abreast of developments, Dr Sheng Lu, assistant professor in the Department of Fashion and Apparel Studies at the University of Delaware, has compiled a timeline of all the key milestones.
Nike acquires fashion technology firm Invertex
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 GlobalDataUS sporting goods giant Nike has acquired Israel-based fashion technology company Invertex as it continues to strengthen its digital technology and talent as part of its Consumer Direct Offense strategy.
Who has signed the new Bangladesh ‘2018 Accord’ – Update
More than half of the 220 companies who signed the Accord on Fire and Building Safety in Bangladesh have now committed to the new agreement set to come into effect when the current programme expires next month. UK clothing and homewares retailer Next Plc and Japan’s Fast Retailing are among the latest to sign, taking the total to 142. Here we list the signatories so far.
Nine West confirms bankruptcy and brand sales
Women’s footwear, accessories and denim business Nine West Holdings has confirmed it has filed for bankruptcy and will sell its namesake and Bandolino footwear and handbag business to Authentic Brands Group.
