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Tapestry Inc

Michelle Russell

Worker rights risks rise to the fore

7 September 2020 | Michelle Russell

As fashion brands and retailers begin to reset and reshape their supply chains as they emerge from the global coronavirus pandemic, a new multi-year investigation has identified child labour and audit deception among the risks at stake when sourcing from garment factories in Myanmar.... read more


New fashion retail landscape emerging

10 August 2020 | Michelle Russell

The new fashion retail landscape emerging in the wake of the Covid-19 pandemic is already leading to dramatic and permanent changes in the way brands and fashion retailers plan and work. There are some practical steps that surviving businesses should consider as online becomes the dominant way of doing business.... read more


Tapestry CEO Zeitlin steps down after less than a year

21 July 2020 | Michelle Russell

Tapestry Inc CEO, Jide Zeitlin, has resigned from his role with immediate effect after less than a year at the helm of the New York-based apparel and accessories firm.... read more


Leicester garment industry dominates headlines

13 July 2020 | Michelle Russell

UK fast fashion retailer Boohoo Group has dominated the headlines in the last week after media reports surfaced of exploitation and unsafe conditions at one of its Leicester-based supplier factories, which is reportedly paying staff just GBP3.50 (US$4.38) an hour.... read more


Industry weathering the storm of the Covid-19 pandemic

15 June 2020 | Michelle Russell

Trust, people and partnerships – key tenets underpinning fashion supplier and sourcing powerhouse PDS Group – have been tested to the limit during the coronavirus pandemic. But they've also stood the business in good stead, helping to not only weather the storm but reposition it to emerge even stronger from the crisis.... read more


US retail stores close amid civil unrest across the country

3 June 2020 | Michelle Russell

Adidas and Target Corp are among a number of retailers in the US to have closed stores or postponed openings in response to the civil unrest taking place across the country over the killing of George Floyd by a white police officer.... read more


Retail in spotlight as bankruptcies stack up

18 May 2020 | Michelle Russell

The impact of the coronavirus (Covid-19) pandemic is starting to be felt more heavily across the retail sector with more bankruptcies emerging.... read more


Tapestry moves to Q3 loss and cuts outlook

30 April 2020 | Michelle Russell

Tapestry Inc has moved to a loss in its third-quarter and recorded a sales decline of nearly 20% as coronavirus forced the company to close or reduce hours at 90% of its stores.... read more


Concerns mount as Covid-19 impacts supplier orders

20 April 2020 | Michelle Russell

The coronavirus (Covid-19) continued to dominate our news coverage last week as supplier orders continue to be cancelled, apparel sales continue to plummet, and industry jobs remain on the line.... read more


Pandemic continues to wreak havoc on industry

23 March 2020 | Michelle Russell

The ongoing impact of the coronavirus (Covid-19) pandemic on the global apparel industry and its supply chain continued to dominate content on just-style over the past week.... read more


Coronavirus continues disruption of apparel and textile supply chain

9 March 2020 | Michelle Russell

Fuelled by new investment from its recent listing on the Hong Kong stock exchange, fashion supply chain manager Lever Style is realigning its business model to be the product engine for rising e-commerce brands. ... read more


Apparel supply concerns hit as coronavirus impact builds

17 February 2020 | Michelle Russell

Novel coronavirus (now officially named 2019-nCo) is continuing to shake up China’s supply chain. According to the World Health Organization (WHO), as of 17 February 2020 there have been 71,329 confirmed cases in 26 countries – with by far the majority (70,635) in China. ... read more


Progress on trade deals welcomed

19 December 2019 | Michelle Russell

The United States and China have reached an agreement on a Phase One trade deal in a move that will delay new tariffs that were due to take effect over the weekend and halve the rates currently imposed on most apparel and textile products imported from China.... read more


Vietnam's textile-garment plan hits hurdles

19 November 2019 | Michelle Russell

domestically-made textile inputs remains a major problem that continues to hinder clothing manufacturers in the country.... read more


New B2B marketplace connects suppliers and retailers

3 October 2019 | Michelle Russell

A B2B fashion marketplace has launched that aims to help retailers find innovative styles at competitive prices from the best suppliers in the business, while helping sellers expand their reach and increase sales.... read more


Rwanda gearing up for a slice of sourcing action

24 September 2019 | Michelle Russell

For years now, Ethiopia has garnered the spotlight for its ambitions to become the world's next big destination for textile and fashion production. But another East African country – Rwanda – is also gearing up for a slice of the action, with the country's newest export-led garment factory quickly making up for lost time.... read more


Tapestry moves to profit in Q1 boosted by Coach

30 October 2018 | Michelle Russell

Accessories business Tapestry moved to a profit in its first-quarter thanks to gross margin expansion and continued growth at the Coach brand.... read more


Tapestry commits to UN Global Compact

9 October 2018 | Michelle Russell

Accessories business Tapestry, formerly Coach Inc, has become the latest company to expand its commitment to sustainable development by joining the United Nations Global Compact (UNGC) corporate social responsibility initiative.... read more


Trump moves forward with trade threats

26 September 2018 | Michelle Russell

US President Donald Trump has decided to move forward with a 10% tariff on an additional US$200bn worth of goods from China, in a move the US fashion industry says will considerably disrupt the sector's supply chain. The tariffs will take effect today (24 September) and will be set at a level of 10% until the end of the year. On 1 January 2019, the tariffs will rise to 25%.... read more


Trump tariff dispute rumbles on

26 June 2018 | Michelle Russell

The US has escalated its trade threats to China after President Donald Trump said he is considering tariffs on an additional $200bn of Chinese goods if China "refuses to change its practices."... read more


Concern mounts over Trump's trade policies

16 April 2018 | Michelle Russell

Since President Donald Trump took office in January 2017, his administration has been busy fulfilling major campaign promises on trade policy – much to the concern of US fashion brands and apparel retailers.... read more


Asia-Pacific trade deal now signed by 11 nations

12 March 2018 | Michelle Russell

The 11 remaining countries of the Trans-Pacific Partnership (TPP) have now signed a revised version of the multilateral trade pact without the US, reviving a deal that will slash tariffs and foster trade in a marketplace worth close to around US$13.5trn.... read more


Tapestry plans withdrawal from Hong Kong Stock Exchange

1 November 2017 | Michelle Russell

Accessories business Tapestry, formerly known as Coach Inc, has announced plans to withdraw its listing from the main board of the Hong Kong Stock Exchange.... read more


Agile logistics key to new hybrid retail world

3 August 2017 | Michelle Russell

US retail giant Walmart has topped a list of the fastest growing retailers thanks to its investment in ensuring it has the right balance between its online and brick and mortar operations.... read more


Is outer space the answer to more sustainable cotton?

31 July 2017 | Michelle Russell

Can space-based experiments be the answer to making cotton a more sustainable fibre on Earth? The Center for the Advancement of Science in Space (CASIS) has partnered with US retail giant Target Corporation to find out.... read more


Industry welcoming move to renegotiate NAFTA

23 May 2017 | Michelle Russell

The US textile industry has welcomed President Donald Trump's decision to renegotiate NAFTA, saying it is in America's national interest to modernise the trade agreement.... read more


Cutting edge technology defining apparel industry

15 May 2017 | Michelle Russell

Cutting-edge textile processing products including a new technology for dyeing yarns in a more sustainable manner and a digitalised sewing machine set up via a touchscreen or app, were among the most exciting developments at last week's Texprocess trade fair in Frankfurt, Germany.... read more


Ethiopia apparel and textile industry making massive gains

8 May 2017 | Michelle Russell

just-style's editor Leonie Barrie recently visited Ethiopia to see for herself the massive developments taking place to elevate this East African nation into a compelling new garment and textile sourcing hub for brands, retailers and their suppliers.... read more


Coach reaffirms outlook despite mixed Q3

2 May 2017 | Michelle Russell

Accessories business Coach Inc has reaffirmed its full-year outlook despite booking mixed third-quarter results.... read more


Coach taps Neiman Marcus president for brand CEO role

7 April 2017 | Michelle Russell

Luxury accessories business Coach Inc has tapped the president of Neiman Marcus International and its Bergdorf Goodman division, Joshua Schulman, as CEO of its trademark brand.... read more


Trump and Brexit generate more confusion

20 March 2017 | Michelle Russell

Over the past month, Donald Trump and his team failed to offer any clear plan to ensure Americans would "Buy American, Hire American" - while the British government's attempts to clarify the specifics of "Brexit means Brexit" left no-one better informed. Mike Flanagan has taken a closer look in his monthly Trade Tracker update.... read more


Bangladesh works to resolve labour activist issues

2 March 2017 | Michelle Russell

The Bangladesh government was forced to respond late last week to pressure over its crackdown on labour activists after a number of global brands and retailers, including H&M and Inditex announced plans to pull out of the Dhaka Apparel Summit, held at the weekend, in protest.... read more


New re:source to help unravel sourcing decisions

19 December 2016 | Michelle Russell

Apparel sourcing is a complex process built on a mix of location, logistics, lead-time, price, compliance, risk and reliability. And it's in a constant state of flux as retailers, brands and manufacturers try to find the right balance across all these factors.... read more


Burberry silent on Coach offer rejections

5 December 2016 | Michelle Russell

British trench coat maker Burberry has declined to comment on reports it has rejected multiple takeover offers from US luxury accessories business Coach Inc.... read more


Is Coach considering a merger with Burberry?

2 November 2016 | Michelle Russell

Burberry could be a good fit for Coach's international distribution ambitions, analysts say, if the rumour mills are to be believed that the two luxury brands are in talks over a potential merger. ... read more


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