Top stories this week on just-style include a closer look at the “to hang or to box” debate, an interview with the chairman of Shandong Ruyi Technology Group on how the Chinese conglomerate is weathering the Covid-19 storm, and Macy’s axing a further 3,900 corporate and management jobs.
Garments on Hangers – Strategies for a digital world
“To hang or to box” is a question that has long been debated within the fashion retail supply chain. With companies now emerging from the coronavirus pandemic looking to reconfigure their supply chains to withstand future disruptions, the way garments are moved from factory to consumer is a critical consideration as the industry pivots to a digital future – Roit Kathiala decodes.
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Ruyi Group sees investment as key to future-proofing business
Qiu Yafu, chairman of Shandong Ruyi Technology Group, tells just-style how the Chinese textile and clothing conglomerate is weathering the storm thrown up by the challenges of the Covid-19 pandemic, the US-China trade war and the high cost of an acquisition spree over the last four years that has added international luxury brands and The Lycra Company to its portfolio.
Trump signs law on sanctions over Xinjiang forced labour
US President Donald Trump has signed legislation calling for sanctions over the repression of China’s Uyghurs, a move met with retaliatory threats from Beijing.
Brands re-evaluating Cambodia sourcing strategy
European garment brands including H&M are weighing up what their future sourcing strategies in Cambodia will look like as the country looks set to be partially stripped of its Everything but Arms (EBA) trade benefit in August.
Macy’s restructuring to cut another 3,900 jobs
US department store retailer Macy’s Inc is axing a further 3,900 corporate and management jobs as it tries to bring costs in line with falling sales.
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