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November 11, 2022

Top stories this week on Just Style…

Top stories this week on Just Style include Adidas' investigation of its supplier factory in Myanmar, appointment of Puma chief Bjørn Gulden as Adidas' CEO and an article by Gherzi Textile partner, Robert Antoshak on the probable end of globalisation for the apparel industry.

By Shemona Safaya

Here are this week’s top trending stories on Just Style:

Adidas launches probe into Myanmar supplier after mass worker dismissals

Adidas says it is investigating one of its supplier factories in Myanmar which is alleged to have sacked trade union members striking over pay and conditions.

Adidas appoints Puma chief Bjørn Gulden to CEO role

German sportswear brand Adidas has appointed Bjørn Gulden as its chief executive officer to succeed the outgoing Kasper Rorsted.

Bleak trading performance sees Joules weigh equity raise

Joules has confirmed it is weighing the possibility of an equity raise or a company voluntary arrangement (CVA) as a means to a cash boost after poor trading has missed expectations.

Apparel sector loses US$15.3bn in supply chain waste – report

New research from Avery Dennison suggests US$15.3bn is lost as a result of supply chain waste stemming from stock inefficiencies.

Is this the end of globalisation for the apparel industry?

Robert P. Antoshak, Gherzi Textil Organisation partner explains why all roads seem to indicate the end of globalisation for the apparel industry and what it means for sourcing executives moving forward.

India’s AISA initiative targets sustainability boost in apparel

The Apparel Industry Sustainability Action that is being launched in India, will follow the motto of “compliance first, business next”, the Apparel Export Promotion Council has said.

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