Blog: Leonie BarrieSri Lanka’s GSP+ is going...

Leonie Barrie | 17 February 2010

There are two lessons to be learned from the EU’s decision to remove Sri Lanka’s GSP+ trade benefits. The first, from a supplier point of view, is the proverbial “don’t put all your eggs in one basket.”

And the second is that it’s easy to forget the reason these countries get preferences is because they’re developing countries that need assistance. And that inevitably makes them more volatile as a supply base.

Retailers and exporters who have invested heavily in the country in recent years – encouraged by a combination of duty-free benefits, skilled workers, and good track record on ethical trading – now have some important decisions to make.


BLOG

Digital pieces of the fashion supply chain take shape

The digital pieces of the fashion supply chain puzzle are starting to come together, according to executives at the recent Texprocess apparel technology trade show in Frankfurt, Germany....

BLOG

Latest supply chain leaders?

Swedish fast-fashion retailer H&M, Zara brand owner Inditex, and sportswear giant Nike are not only among the world's leading brands, they also have some of the best supply chains too, according to a ...

BLOG

Finding a solution to the sustainability problem

The key message at this year's Copenhagen Fashion Summit was that the global apparel and textile industry needs to take a holistic view on how it tackles sustainability and responsible sourcing – with...

BLOG

Industry welcoming move to renegotiate NAFTA

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....

just-style homepage



Forgot your password?