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May 15, 2020

Top stories this week on just-style…

Top stories this week on just-style include a look at how fashion brands can offer practical assistance to suppliers reopening factories, and almost 70 jobs have been lost in Bangladesh after British retailer Debenhams liquidated its sourcing operation. Meanwhile, Covid-19 will wipe off US$297bn from the global apparel market in 2020, and Li & Fung has been given the green light by shareholders to take the company private.

By Beth Wright

Top stories this week on just-style include a look at how fashion brands can offer practical assistance to suppliers reopening factories, and almost 70 jobs have been lost in Bangladesh after British retailer Debenhams liquidated its sourcing operation. Meanwhile, Covid-19 will wipe off US$297bn from the global apparel market in 2020, and Li & Fung has been given the green light by shareholders to take the company private.

Reopening factories safely is the next challenge – Here’s how fashion brands can help As garment factories in Bangladesh come under pressure to reopen, Dorothée Baumann-Pauly and Natasja Sheriff from the NYU Stern Center for Business and Human Rights set out three ways fashion brands can offer practical assistance to suppliers to ensure the safety of the millions of workers who make the goods they sell.

Covid-19 to cut global apparel market by US$297bn in 2020 Covid-19 will wipe off US$297bn from the global apparel market in 2020 – a 15.2% decline on 2019 – according to a new forecast from GlobalData.

Debenhams collapse hits sourcing operation hard Almost 70 jobs have been lost in Bangladesh after British retailer Debenhams liquidated its sourcing operation after collapsing into administration last month.

Fast fashion faces shake-up in post-Covid-19 world The Covid-19 pandemic will not just threaten business failure for many clothing brands and manufacturers, it may herald the end of the current high production, fast fashion model and result in fewer, smaller collections from more sustainable supply chains.

Li & Fung privatisation deal gets green light Global sourcing and logistics giant Li & Fung has been given the green light by shareholders to take the company private.

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