Blog: Leonie BarrieTAL refocuses and rebalances before growth

Leonie Barrie | 28 August 2018

By his own admission, Roger Lee, CEO at Hong Kong based apparel giant TAL Group, is an optimist. And it's a trait that has stood him – and the 70-year-old company he leads – in good stead in recent years as he focuses and rebalances the business for future growth. Read this exclusive interview on just-style.

And guess what? Prices inched up when you weren't looking...unless you sourced clothing made with synthetics. With talk of trade conflicts affecting prices across the board, we have analysed statistics over multiple years to provide a baseline from which to gauge what adjustments to expect.

And as the latest batch of US and China tariffs kick in, we’ve updated our timeline of all the key US trade developments under President Donald Trump.

Brands and retailers including Adidas, C&A, Esprit, Hugo Boss, KiK, Lidl, Primark and Puma are among 116 members of the German based Partnership for Sustainable Textiles who have submitted roadmaps outlining concrete steps to increase sustainability in their textile supply chains.

And a new study is underway as a precursor to developing communication guidelines and materials to help consumers better understand and engage with the Sustainable Apparel Coalition's (SAC) Higg Index.

Results of a new survey commissioned ahead of the upcoming Fashion Summit HK have also shed some light on sustainable fashion consumption around the world – with almost two-thirds of respondents saying they would be influenced by a sustainability score or labelling system.

But despite efforts of the leading sporting goods brands to set up so-called "speed" factories, it's becoming clear that there's no quick-fix solution and the process requires a steep learning curve.

Meanwhile, in other news, second-quarter filings from US apparel and footwear brands and retailers continue to come in; textile sector demand for CmiA cotton was up more than three-quarters over the last year; continued destocking, store closures and bankruptcies among its core customers weighed on Li & Fung's H1; and there have been calls to boycott British wool amid claims of cruelty.

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