Top stories this week on just-style include a look at some of the biggest challenges set to face apparel brands and retailers in the year ahead, the US and China sign the long-anticipated ‘Phase One’ trade agreement, the Myanmar Government begins its bi-annual review of the country’s minimum wage, and we explore what changes are likely under NIKE‘s new CEO John Donahoe.
Outlook 2020 – Apparel industry challenges and opportunities
Disruption and uncertainty remain the biggest challenges facing apparel brands and retailers and their global supply chains heading into the new decade. Unpredictable and fast-moving changes to tariffs and trade, pressure to make smarter and faster decisions, and demands for new levels of sustainability will all weigh on fashion businesses in 2020, according to feedback from a panel of executives consulted by just-style.
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US-China ‘Phase One’ deal paves way for apparel tariff cuts
The United States and China have signed the long-anticipated ‘Phase One’ trade agreement between the two countries, in a move that paves the way for punitive tariffs imposed on most US apparel imports from China to be cut in half.
China sourcing – Fall of the dragon and rise of the rest
As the tariff war rages between US and China, the key question facing many apparel companies sourcing from China is: Where to go next? The problem is real, but shifting supply chains is easier said than done, writes Roit Kathiala.
Myanmar begins review of minimum wage
The Myanmar Government has begun its bi-annual review of the country’s minimum wage with a view to a potential increase later this year.
Five changes to expect at Nike as Donahoe takes charge
It’s all change at the top for sportswear giant Nike Inc as John Donahoe yesterday (13 January) took over the reins as the company’s fourth CEO in its 55-year history. But with a background in technology rather than retail and sportswear, what changes are likely under his leadership?
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