Top stories this week on just-style were unsurprisingly dominated by the impact of the coronavirus (Covid-19) pandemic on the global apparel industry and its supply chain. The situation continues to cast a shadow on Central America’s garment exports, while UK clothing sales are set for further disruption. But it’s resilience, not re-shoring, that clothing buyers should be seeking from their supply chains. In other news, US lawmakers have proposed legislation that would ban the import of goods made with forced labour in in China’s Xinjiang region.
Sourcing in an epidemic requires resilience not re-shoring
The media is currently awash with predictions that the Covid-19 outbreak marks the end of multinational sourcing. Clothing buyers certainly need to review how they source – but it’s resilience, not re-shoring, they should be seeking.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Coronavirus pressures Central America garment exports
The growing coronavirus epidemic continues to cast a shadow on Central America’s garment export and deliveries, with Nicaragua now forecasting a full-year export decline and Guatemala also acknowledging its apparel shipments face delays.
Coronavirus to cause stock gaps and delays at fashion retailers
UK clothing sales are set for further disruption over the coming months, with stock issues expected to appear, as China accounts for over one-fifth (21.4% in 2018, according to UN Comtrade trade data) of the country’s apparel imports.
Coronavirus to have “longer & larger” impact on US imports
The coronavirus outbreak is expected to have a larger and longer-lasting impact on imports at major US retail container ports than previously believed, as factory shutdowns and travel restrictions in China continue to affect production.
US eyes law to ban Xinjiang forced labour goods
US lawmakers have proposed legislation that will ban goods made with forced labour in in China’s Xinjiang region from entering the country.
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
