Top stories this week include the latest monthly update on US apparel imports, which shows a dramatic fall in shipments from the three Central American countries that are the largest suppliers of clothing to the US – Mexico, El Salvador and Honduras; a look at why China could benefit most from an extension to the UK's no-deal Brexit temporary tariffs; and the first in a series of articles focusing on profitability benchmarking for fashion companies. 

Profitability benchmarking for fashion management
This is the first of a series of two in-depth articles focusing on how a fashion company can convince external stakeholders (investors or banks) and indeed itself (directors, management and staff) that the targets set out in budgets and range plans are both fair and achievable.

US apparel imports from Southeast Asia spike in August
In a reversal of trends seen last month, the three Central American countries that are the largest suppliers of clothing to the US – Mexico, El Salvador and Honduras – saw a dramatic fall in shipments. While imports from Southeast Asia crept back up with Cambodia booking the largest growth, suggesting US buyers are tapping into neighbouring countries as the US-China trade war intensifies.

Why China could benefit most from UK temporary tariffs
The temporary tariff regime due to be introduced if the UK leaves the European Union at the end of October without a deal has been extended to include 7% more products. But an unintended consequence is that the biggest group of beneficiaries would be Chinese clothing manufacturers who are effectively granted duty-free access to the UK for half their production.

Driving sustainable change key for Bangladesh RMG sector
A meeting between representatives of the world's largest retail brands and leading figures from Bangladesh's ready-made garment (RMG) sector has highlighted the importance of a sustainability vision for the South Asian country's apparel industry.

Li & Fung strengthens capital structure for future growth
Sourcing giant Li & Fung Limited has completed a simultaneous bond tender offer and new bond offering in a move aimed at solidifying its capital structure, allowing it to accelerate its transformation.