Blog: Leonie BarrieExporters back India's budget but seek more

Leonie Barrie | 21 July 2014

Indian apparel exporters are seeking a series of favourable policy decisions from the new Bharatiya Janata Party (BJP)-led government, including export subsidies to offset import duties imposed by the EU while talks continue towards an EU-India free trade agreement.

Manufacturers have also told just-style they welcomed this month's budget announcement to help exports of readymade garments by increasing the duty-free entitlement for imports of trimmings, embellishments and a range of other items, from 3% to 5% of the value of their exports.

Nicaragua's apparel industry, meanwhile, is expected to grow 8% to $1.5bn this year, fuelled by rising exports to the US. But while the numbers are encouraging, there are fears they may not last long. Like elsewhere in Central America, Nicaragua is fretting that the Trans-Pacific Partnership (TPP) will bring huge losses to its apparel sector.

Retailers and consumers are being urged by animal rights activists to boycott merino wool products after an investigation is said to have exposed a series of violations in the US and Australia. Video footage shows sheep being injured and killed during shearing, export and mulesing.

Supply chain issues at Canadian yoga wear brand Lululemon Athletica appear to be resolving, analysts say, after a study of 3,800 stock keeping units (SKUs) on the Lululemon e-commerce website showed full-priced sell-through and in-stock positions have improved since January.

Changing shopping habits are seen as key to moves unveiled last week by US clothing and footwear company Wolverine Worldwide, which is shuttering 140 stores as part of a strategic realignment. Closing unprofitable retail locations will enable the retailer to reduce infrastructure costs and focus on building its omni-channel offer instead.

And the new CEO at Mothercare has outlined plans to turn around the fortunes of the struggling baby and children's goods retailer. While latest results suggest the company's fortunes appear to have picked up slightly of late, with better than expected full-year results and improved domestic like-for-like sales, there is still much work to be done.

BLOG

Sourcing execs less stressed about cost

The impact of trade protectionism, increasing market competition from e-commerce, and supply chain risk are the top concerns for US fashion industry executives in 2017, a new survey has found, overtak...

BLOG

The rise and fall of Bangladesh?

The rise of Bangladesh's garment export industry has been nothing less than spectacular – and until recently it seemed that nothing could stop its growth....

BLOG

Is Nike's delayed commitment to Amazon costing it sales?

Sports apparel retailer Nike's delay in committing to a solid sales partnership with online retail giant Amazon could possibly have seen it lose out on sales yesterday (11 July) as the e-retailer slas...

BLOG

Calls for boiler inspections in Bangladesh

Labour rights groups are calling for garment factory safety inspections to be expanded to cover boilers, after a blast at the Multifabs facility in Bangladesh last week killed at least 11 people....

just-style homepage



Forgot your password?