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German fashion e-tailer Zalando is making sustainability a mandatory requirement for its private labels and partner brands - and after 2023 won't work with those that don't measure up.
Jumat, 29 Mei 2020
New Inventory Quarantine tool to help automate returns
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As the apparel retail industry prepares to open its doors again, new technology has been released to aid retailers with inventory quarantine.
As the apparel retail industry prepares to open its doors again, new technology has been released to aid retailers with inventory quarantine.
Brands urged to make supply-chain relief payment
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A one-off payment from fashion brands and retailers could be a way of mitigating the impact of the ongoing Covid-19 crisis on supply chain workers.
A one-off payment from fashion brands and retailers could be a way of mitigating the impact of the ongoing Covid-19 crisis on supply chain workers.
#NoNewClothes pledge to hit pause on purchases
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Workers' rights organisation Remake is encouraging consumers to refrain from buying new clothes for the next three months in an attempt to drive systemic change across the fashion industry.
Workers' rights organisation Remake is encouraging consumers to refrain from buying new clothes for the next three months in an attempt to drive systemic change across the fashion industry.
Adidas and Allbirds aim for lowest carbon footprint sports shoe
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Sustainable footwear brand Allbirds has joined forces with German sportswear giant Adidas to develop a sports performance shoe with what they say will be the lowest ever carbon footprint.
Sustainable footwear brand Allbirds has joined forces with German sportswear giant Adidas to develop a sports performance shoe with what they say will be the lowest ever carbon footprint.
Monsoon Accessorize on brink of administration?
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UK-based fashion and accessories retailer Monsoon Accessorize is understood to be teetering on the brink of administration in a move that could potentially put some 3,500 jobs at risk.
UK-based fashion and accessories retailer Monsoon Accessorize is understood to be teetering on the brink of administration in a move that could potentially put some 3,500 jobs at risk.
Top stories this week on just-style...
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Top stories this week on just-style include an update on which brands are refusing to make no commitment to pay in full for orders completed and in production, a look at the steps manufacturers must take to if they want to stay relevant as fashion gets faster, and a new initiative offering consumers the chance to purchase clothing from cancelled apparel orders from Bangladesh.
Top stories this week on just-style include an update on which brands are refusing to make no commitment to pay in full for orders completed and in production, a look at the steps manufacturers must take to if they want to stay relevant as fashion gets faster, and a new initiative offering consumers the chance to purchase clothing from cancelled apparel orders from Bangladesh.
Asics sets 2030 goal for 100% recycled polyester
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Japanese sportswear giant Asics Corp has outlined sustainability targets for 2030 that include switching all of the polyesters in its products to recycled ones.
Japanese sportswear giant Asics Corp has outlined sustainability targets for 2030 that include switching all of the polyesters in its products to recycled ones.
Survey finds 40% of fashion brands have not paid suppliers
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A new survey of 35 fashion brands and retailers has found that despite mounting public pressure, 40% have made no public commitment to pay in full for completed orders.
A new survey of 35 fashion brands and retailers has found that despite mounting public pressure, 40% have made no public commitment to pay in full for completed orders.
Duties collected on US textile imports jump 68% in Q2
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The latest Textile Enforcement Statistics released by US Customs and Border Protection (CBP) show a 68% hike in duties collected on textile and apparel products imported into the US in the second quarter of fiscal year 2020.
The latest Textile Enforcement Statistics released by US Customs and Border Protection (CBP) show a 68% hike in duties collected on textile and apparel products imported into the US in the second quarter of fiscal year 2020.
New Inventory Quarantine tool to automate returns
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As the apparel retail industry prepares to open its doors again, new technology has been released to aid retailers with inventory quarantine.
As the apparel retail industry prepares to open its doors again, new technology has been released to aid retailers with inventory quarantine.
Clothing sales surge seen when UK lockdown ends
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While the majority of UK consumers plan to prioritise spending time with friends and family when lockdown restrictions are lifted, 16.0% aim to spend time shopping for non-food items - with over two-thirds looking forward to purchasing clothing items.
While the majority of UK consumers plan to prioritise spending time with friends and family when lockdown restrictions are lifted, 16.0% aim to spend time shopping for non-food items - with over two-thirds looking forward to purchasing clothing items.
Kamis, 28 Mei 2020
More apparel brands moving to preferred materials
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The latest Material Change Insights Report from Textile Exchange shows nearly 40% of its brand participants sourced their materials from preferred sources - but investment into circularity remains limited.
The latest Material Change Insights Report from Textile Exchange shows nearly 40% of its brand participants sourced their materials from preferred sources - but investment into circularity remains limited.
Boohoo to buy remaining stake in PrettyLittleThing
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Online fast-fashion retailer Boohoo Group is to acquire the remaining 34% stake in its PrettyLittleThing brand in a deal that could potentially be worth GBP323.8m (US$397m).
Online fast-fashion retailer Boohoo Group is to acquire the remaining 34% stake in its PrettyLittleThing brand in a deal that could potentially be worth GBP323.8m (US$397m).
Pandemic to impact FY21 results says Ralph Lauren
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Ralph Lauren expects both its first quarter of fiscal 2021 and full-year results for the period to be "significantly" negatively impacted by the Covid-19 pandemic amid a 15% drop in sales for the final quarter of 2020.
Ralph Lauren expects both its first quarter of fiscal 2021 and full-year results for the period to be "significantly" negatively impacted by the Covid-19 pandemic amid a 15% drop in sales for the final quarter of 2020.
Timberland building regenerative leather supply chain
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Outdoor lifestyle brand Timberland has partnered with non-profit the Savory Institute as part of ongoing efforts to build a regenerative supply chain for the footwear and apparel industry by connecting early-adopter regenerative ranches with its large-scale tannery partners.
Outdoor lifestyle brand Timberland has partnered with non-profit the Savory Institute as part of ongoing efforts to build a regenerative supply chain for the footwear and apparel industry by connecting early-adopter regenerative ranches with its large-scale tannery partners.
Boohoo to acquire remainder of PrettyLittleThing
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The owner of online fashion group Boohoo is to acquire the remaining 34% stake in its PrettyLittleThing brand in order to wholly own the business in a deal that could potentially be worth GBP323.8m.
The owner of online fashion group Boohoo is to acquire the remaining 34% stake in its PrettyLittleThing brand in order to wholly own the business in a deal that could potentially be worth GBP323.8m.
Reopening will be no mean feat for UK retailers
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While clothing stores in the UK will be allowed to reopen from the middle of next month, one analyst says shops will not "spring back to life" on 15 June and notes there will be a number of teething problems as retailers begin to reopen their doors.
While clothing stores in the UK will be allowed to reopen from the middle of next month, one analyst says shops will not "spring back to life" on 15 June and notes there will be a number of teething problems as retailers begin to reopen their doors.
Ralph Lauren braces for "significant" Covid-19 knock in fiscal 2021
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Ralph Lauren expects both its first quarter of fiscal 2021 and full-year results for the period to be "significantly" negatively impacted by the Covid-19 pandemic amid a 15% drop in sales for the final quarter of 2020.
Ralph Lauren expects both its first quarter of fiscal 2021 and full-year results for the period to be "significantly" negatively impacted by the Covid-19 pandemic amid a 15% drop in sales for the final quarter of 2020.
Sateri begins lyocell fibre production in China
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Chinese viscose producer Sateri has entered the country's lyocell fibre market after commencing production in Rizhao, Shandong in a move that broadens the firm's portfolio and will bolster lyocell supply to the textile and non-woven markets.
Chinese viscose producer Sateri has entered the country's lyocell fibre market after commencing production in Rizhao, Shandong in a move that broadens the firm's portfolio and will bolster lyocell supply to the textile and non-woven markets.
Lacoste names Robert Aldrich CEO of North America
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Lacoste has named Robert Aldrich as CEO of the North America region and Pedro Zannoni as chief of the Latin America region as the fashion firm looks to strengthen its brand penetrations across the geographies.
Lacoste has named Robert Aldrich as CEO of the North America region and Pedro Zannoni as chief of the Latin America region as the fashion firm looks to strengthen its brand penetrations across the geographies.
New nonprofit aims to speed sustainable materials development
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A new non-profit organisation has launched with the goal of accelerating the development of sustainable materials for the fashion, automotive, and home goods industries.
A new non-profit organisation has launched with the goal of accelerating the development of sustainable materials for the fashion, automotive, and home goods industries.
Rabu, 27 Mei 2020
French government seeks buyer for La Camaieu
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The French government is reportedly seeking a buyer for clothing brand La Camaïeu after it began bankruptcy proceedings yesterday (26 May).
The French government is reportedly seeking a buyer for clothing brand La Camaïeu after it began bankruptcy proceedings yesterday (26 May).
China apparel market could see US$60bn contraction in 2020
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The Chinese apparel market could contract by US$60bn in 2020, according to a new study.
The Chinese apparel market could contract by US$60bn in 2020, according to a new study.
More brands named for failing on order commitments
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An online tracker launched last month to monitor the response of leading apparel and footwear brands and retailers to their suppliers and workers during the coronavirus crisis, has been updated to show some are still refusing to make no commitment to pay in full for orders completed and in production.
An online tracker launched last month to monitor the response of leading apparel and footwear brands and retailers to their suppliers and workers during the coronavirus crisis, has been updated to show some are still refusing to make no commitment to pay in full for orders completed and in production.
Levi's and C&A to anchor Mexico Fashion Transparency Index
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Mexico's fledgling Fashion Transparency Index has picked C&A and Levi Strauss as the international brands that will anchor its sustainability survey set to launch in December.
Mexico's fledgling Fashion Transparency Index has picked C&A and Levi Strauss as the international brands that will anchor its sustainability survey set to launch in December.
Morrisons to open first standalone clothing store
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UK supermarket retailer Morrisons is to open its first standalone clothing and homewares store.
UK supermarket retailer Morrisons is to open its first standalone clothing and homewares store.
Li & Fung completes privatisation move
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Global sourcing and logistics giant Li & Fung will delist from the Hong Kong Stock Exchange (HKEX )today (27 May) in a move that marks the successful completion of its privatisation process.
Global sourcing and logistics giant Li & Fung will delist from the Hong Kong Stock Exchange (HKEX )today (27 May) in a move that marks the successful completion of its privatisation process.
French goverment seeks buyer for La Camaieu
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The French government is reportedly seeking a buyer for clothing brand La Camaïeu after it began bankruptcy proceedings yesterday (26 May).
The French government is reportedly seeking a buyer for clothing brand La Camaïeu after it began bankruptcy proceedings yesterday (26 May).
Ocean microplastics could be hugely underestimated
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The amount of microplastic debris in coastal waters may have been significantly underestimated, a new study has found.
The amount of microplastic debris in coastal waters may have been significantly underestimated, a new study has found.
Walmart enters fashion resale market with ThredUp
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Walmart is entering the secondhand apparel market through a new partnership with online resale store ThredUp as the US retail giant looks to enhance its offering amid a bid to establish Walmart.com as a destination for fashion.
Walmart is entering the secondhand apparel market through a new partnership with online resale store ThredUp as the US retail giant looks to enhance its offering amid a bid to establish Walmart.com as a destination for fashion.
Li & Fung completes privatisation
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Global sourcing and logistics giant Li & Fung will delist from the Hong Kong Stock Exchange (HKEX )today (27 May) in a move that marks the successful completion of its privatisation process.
Global sourcing and logistics giant Li & Fung will delist from the Hong Kong Stock Exchange (HKEX )today (27 May) in a move that marks the successful completion of its privatisation process.
Tracker names more brands for failing on order commitments
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An online tracker launched last month to monitor the response of leading apparel and footwear brands and retailers to their suppliers and workers during the coronavirus crisis, has been updated to show some are still refusing to make no commitment to pay in full for orders completed and in production.
An online tracker launched last month to monitor the response of leading apparel and footwear brands and retailers to their suppliers and workers during the coronavirus crisis, has been updated to show some are still refusing to make no commitment to pay in full for orders completed and in production.
Selasa, 26 Mei 2020
UK fashion retailers get green light to open from 15 June
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Clothing stores in the UK will be allowed to reopen from 15 June in newly announced plans from the government.
Clothing stores in the UK will be allowed to reopen from 15 June in newly announced plans from the government.
10-point checklist for creating a safe return to work
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As many businesses globally are being given the green light by governments to reopen their doors following the coronavirus pandemic, the International Labour Organisation (ILO) has created a checklist to ensure the safe return of workers.
As many businesses globally are being given the green light by governments to reopen their doors following the coronavirus pandemic, the International Labour Organisation (ILO) has created a checklist to ensure the safe return of workers.
Bangladesh threatens to blacklist Edinburgh Woollen Mill
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Bangladesh's garment manufacturers have threatened to halt production and any further orders with Edinburgh Woollen Mill (EWM) group over unpaid invoices and demands for "unreasonable" discounts, despite concluded contracts.
Bangladesh's garment manufacturers have threatened to halt production and any further orders with Edinburgh Woollen Mill (EWM) group over unpaid invoices and demands for "unreasonable" discounts, despite concluded contracts.
Lost Stock venture sells cancelled Bangladesh clothing orders
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A new initiative is offering consumers the chance to purchase clothing from cancelled apparel orders from Bangladesh in a move aimed at helping support the industry and its workers through the coronavirus pandemic.
A new initiative is offering consumers the chance to purchase clothing from cancelled apparel orders from Bangladesh in a move aimed at helping support the industry and its workers through the coronavirus pandemic.
Moss Bros takeover deal to go ahead
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The owner of Crew Clothing, Brigadier Acquisition Company (Bidco), will press forward with plans to acquire formalwear company Moss Bros after it had its bid to pull out of the deal rejected by the Takeover Panel last week.
The owner of Crew Clothing, Brigadier Acquisition Company (Bidco), will press forward with plans to acquire formalwear company Moss Bros after it had its bid to pull out of the deal rejected by the Takeover Panel last week.
Office-owner exploring all options for chain
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The South African-owner of footwear chain Office, Truworths International, has said it is exploring all options for the future of the business, following the "significant impact" of the coronavirus outbreak on the group's results.
The South African-owner of footwear chain Office, Truworths International, has said it is exploring all options for the future of the business, following the "significant impact" of the coronavirus outbreak on the group's results.
UKFT launches sewing initiative to boost manufacturing
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The UK Fashion and Textiles Association (UKFT) is introducing an initiative aimed at attracting new recruits into manufacturing roles as part of its efforts to promote the growth of the UK fashion supply chain.
The UK Fashion and Textiles Association (UKFT) is introducing an initiative aimed at attracting new recruits into manufacturing roles as part of its efforts to promote the growth of the UK fashion supply chain.
Deckers posts record FY sales despite Q4 slip
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US footwear group Deckers Brands has reported record sales for the 2020 full fiscal year driven by a 58% surge in revenue at its Hoka One One brand but expects fiscal year 2021 results to be impacted depending on the duration and severity of the Covid-19 pandemic.
US footwear group Deckers Brands has reported record sales for the 2020 full fiscal year driven by a 58% surge in revenue at its Hoka One One brand but expects fiscal year 2021 results to be impacted depending on the duration and severity of the Covid-19 pandemic.
Jumat, 22 Mei 2020
Serai apparel trade platform taps Coats Digital and Res.Q
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HSBC's new invitation-only apparel trade platform Serai is partnering with Coats Digital and Res.Q to provide companies across the apparel industry with access to their inter-connected digital solutions.
HSBC's new invitation-only apparel trade platform Serai is partnering with Coats Digital and Res.Q to provide companies across the apparel industry with access to their inter-connected digital solutions.
Textile groups call for supplier respect amid pandemic
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The International Textile Manufacturers Federation (ITMF) is urging brands and retailers to act responsibly during the Covid-19 pandemic and says cooperation and dialogue are vital during this time of crisis which has seen a raft of orders cancelled or postponed.
The International Textile Manufacturers Federation (ITMF) is urging brands and retailers to act responsibly during the Covid-19 pandemic and says cooperation and dialogue are vital during this time of crisis which has seen a raft of orders cancelled or postponed.
UK suffers record fall as April clothing sales plunge 50.2%
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UK retail sales volumes fell by a record 18.1% in April - the first full month of lockdown - with the volume of clothing sales half that of the previous month.
UK retail sales volumes fell by a record 18.1% in April - the first full month of lockdown - with the volume of clothing sales half that of the previous month.
Crystal collaborates on fully traceable upcycled denim
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Hong Kong based manufacturing giant Crystal International Group has collaborated on a fully traceable upcycled denim collection with The R Collective.
Hong Kong based manufacturing giant Crystal International Group has collaborated on a fully traceable upcycled denim collection with The R Collective.
Risk of Turkmenistan tainted cotton in Turkish textiles
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Clothing brands that source from Turkey are being urged to pay closer attention to where the cotton used within their products has come from after research has suggested mills are heavily reliant on cotton from Turkmenistan, which is often produced using forced labour.
Clothing brands that source from Turkey are being urged to pay closer attention to where the cotton used within their products has come from after research has suggested mills are heavily reliant on cotton from Turkmenistan, which is often produced using forced labour.
Top stories this week on just-style...
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Top stories this week on just-style include a deep-dive into the Canadian apparel market and its sourcing patterns, and a look at how Covid-19 could lead to a reshuffle in the fashion industry's focus on sustainability. Retailer Marks & Spencer is to accelerate a number of changes within the business including the introduction of a faster 'near-sourcing' supply chain, and L Brands is to shutter around 250 Victoria's Secret across the US and Canada.
Top stories this week on just-style include a deep-dive into the Canadian apparel market and its sourcing patterns, and a look at how Covid-19 could lead to a reshuffle in the fashion industry's focus on sustainability. Retailer Marks & Spencer is to accelerate a number of changes within the business including the introduction of a faster 'near-sourcing' supply chain, and L Brands is to shutter around 250 Victoria's Secret across the US and Canada.
Guatemala's Startex says demand spike will now keep it open - Update
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Sportswear and knitwear manufacturer Startex is to close for up to two months as US clients owe it $10m in unpaid orders and new restrictions to contain surging Covid-19 cases hamper workers' ability to reach its 1,400-strong site in Guatemala City.
Sportswear and knitwear manufacturer Startex is to close for up to two months as US clients owe it $10m in unpaid orders and new restrictions to contain surging Covid-19 cases hamper workers' ability to reach its 1,400-strong site in Guatemala City.
Clarks to cut 900 jobs under new strategy
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UK footwear firm Clarks has outlined a new strategy that will see the brand make 900 job cuts globally, and introduce digital enhancements as well as a focus on sustainability and product innovation.
UK footwear firm Clarks has outlined a new strategy that will see the brand make 900 job cuts globally, and introduce digital enhancements as well as a focus on sustainability and product innovation.
Kamis, 21 Mei 2020
Clarks to make 900 job cuts under new strategy
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UK footwear firm Clarks has outlined a new strategy that will see the brand make 900 job cuts globally, and introduce digital enhancements as well as a focus on sustainability and product innovation.
UK footwear firm Clarks has outlined a new strategy that will see the brand make 900 job cuts globally, and introduce digital enhancements as well as a focus on sustainability and product innovation.
L Brands to close 250 Victoria's Secret stores in US & Canada
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L Brands is to shutter about 250 Victoria's Secret across the US and Canada in 2020 as part of its go-forward plan for the business, which also includes an increased focus on inventory management and sourcing cost reductions.
L Brands is to shutter about 250 Victoria's Secret across the US and Canada in 2020 as part of its go-forward plan for the business, which also includes an increased focus on inventory management and sourcing cost reductions.
Guatemala's Startex pauses production on $10m in unpaid orders
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Sportswear and knitwear manufacturer Startex is to close for up to two months as US clients owe it $10m in unpaid orders and new restrictions to contain surging Covid-19 cases hamper workers' ability to reach its 1,400-strong site in Guatemala City.
Sportswear and knitwear manufacturer Startex is to close for up to two months as US clients owe it $10m in unpaid orders and new restrictions to contain surging Covid-19 cases hamper workers' ability to reach its 1,400-strong site in Guatemala City.
Platform aimed at creating sustainable supply chains launched
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A new platform has launched, aimed at helping companies create more sustainable supply chains and in turn assisting businesses and governments to save industries and jobs worldwide currently under threat from the Covid-19 pandemic.
A new platform has launched, aimed at helping companies create more sustainable supply chains and in turn assisting businesses and governments to save industries and jobs worldwide currently under threat from the Covid-19 pandemic.
Call for global fashion industry to "slow down" and reset
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The British Fashion Council (BFC) and the Council of Fashion Designers of America (CFDA) have joined hands in a call to the global fashion industry to "slow down" and rethink the way in which it operates amid Covid-19.
The British Fashion Council (BFC) and the Council of Fashion Designers of America (CFDA) have joined hands in a call to the global fashion industry to "slow down" and rethink the way in which it operates amid Covid-19.
US sets up hub to help USMCA transition
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The US has opened a centre to coordinate the implementation of the US-Mexico-Canada Agreement (USMCA), which comes into force on 1 July.
The US has opened a centre to coordinate the implementation of the US-Mexico-Canada Agreement (USMCA), which comes into force on 1 July.
ZDHC sets out framework for industry unity
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The ZDHC Foundation, which is working to reduce the textile and clothing industry's chemical footprint, has released a two-part framework designed to provide companies with a united base to work from.
The ZDHC Foundation, which is working to reduce the textile and clothing industry's chemical footprint, has released a two-part framework designed to provide companies with a united base to work from.
Noble Biomaterials rebrands antimicrobial tech Ionic+
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Antimicrobial solutions provider Noble Biomaterials has unveiled a new brand identity - Ionic+ - for its antimicrobial technology, formerly known as XT2.
Antimicrobial solutions provider Noble Biomaterials has unveiled a new brand identity - Ionic+ - for its antimicrobial technology, formerly known as XT2.
Rabu, 20 Mei 2020
VF Corp aligns with post-pandemic health and wellness shift
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Apparel powerhouse VF Corp believes it is well-positioned to emerge as a winner from the coronavirus crisis - with an increased consumer focus on the outdoors, health and wellbeing set to boost its activity-based lifestyle brands.
Apparel powerhouse VF Corp believes it is well-positioned to emerge as a winner from the coronavirus crisis - with an increased consumer focus on the outdoors, health and wellbeing set to boost its activity-based lifestyle brands.
M&S plans near-sourcing after 75% clothing sales hit
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Marks & Spencer is to accelerate transformation after taking a 75% sales hit on clothing sales during the lockdown, with plans to bring in third-party clothing brands, and introduce a faster, 'near-sourcing' supply chain.
Marks & Spencer is to accelerate transformation after taking a 75% sales hit on clothing sales during the lockdown, with plans to bring in third-party clothing brands, and introduce a faster, 'near-sourcing' supply chain.
Aldo Group prepares to exit Ireland amid Covid-19 pressures
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Canada-based footwear retailer and distributor Aldo Group has begun proceedings to appoint a liquidator for its Ireland business due to the impact of the coronavirus pandemic.
Canada-based footwear retailer and distributor Aldo Group has begun proceedings to appoint a liquidator for its Ireland business due to the impact of the coronavirus pandemic.
Cotton Council International joins Sustainable Apparel Coalition
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Cotton Council International (CCI) has become the latest to join the Sustainable Apparel Coalition (SAC) and will use the group's sustainability measurement suite of tools, the Higg Index, to drive environmental and social responsibility throughout its supply chain.
Cotton Council International (CCI) has become the latest to join the Sustainable Apparel Coalition (SAC) and will use the group's sustainability measurement suite of tools, the Higg Index, to drive environmental and social responsibility throughout its supply chain.
US Senate passes Uyghur human rights bill
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The US Senate has unanimously voted to create a law that imposes sanctions on Chinese officials over human rights abuses against Muslim minorities in the Xinjiang region.
The US Senate has unanimously voted to create a law that imposes sanctions on Chinese officials over human rights abuses against Muslim minorities in the Xinjiang region.
Walmart to discontinue Jet.com e-commerce site
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US retail giant Walmart is to wind-down the operations of its Jet.com brand just four years after its purchase.
US retail giant Walmart is to wind-down the operations of its Jet.com brand just four years after its purchase.
Polartec enhances high loft fleece
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US fabric maker Polartec has developed an enhanced version of its high loft fleece made of wool, featured in a new line by mountain sports brand Salewa.
US fabric maker Polartec has developed an enhanced version of its high loft fleece made of wool, featured in a new line by mountain sports brand Salewa.
Browzwear update includes 3D Adobe tech
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3D design and prototyping software specialist Browzwear is integrating 3D texturing and materials authoring technology from Adobe in a move aimed at boosting apparel businesses' ability to design, visualise, and make decisions more accurately.
3D design and prototyping software specialist Browzwear is integrating 3D texturing and materials authoring technology from Adobe in a move aimed at boosting apparel businesses' ability to design, visualise, and make decisions more accurately.
Moss Bros buyer back-out bid blocked by watchdog
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The buyer of UK suit and formalwear specialist Moss Bros has had its proposal to pull out of the sale rejected by the Takeover Panel.
The buyer of UK suit and formalwear specialist Moss Bros has had its proposal to pull out of the sale rejected by the Takeover Panel.
Kohl's quits eight brands in bid to tighten apparel offering
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US department store chain Kohl's is exiting eight "down-trending" womenswear brands as it moves to tighten up its apparel offering, following a 43.5% sales plunge and booking a loss in its most recent quarterly financial update.
US department store chain Kohl's is exiting eight "down-trending" womenswear brands as it moves to tighten up its apparel offering, following a 43.5% sales plunge and booking a loss in its most recent quarterly financial update.
H&M, Inditex in UN push to governments for climate change action
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More than 150 companies including the likes of H&M, Burberry, Inditex, and zipper manufacturer YKK Corp, have backed a UN statement urging governments to align their Covid-19 economic aid and recovery efforts with the latest climate science.
More than 150 companies including the likes of H&M, Burberry, Inditex, and zipper manufacturer YKK Corp, have backed a UN statement urging governments to align their Covid-19 economic aid and recovery efforts with the latest climate science.
Selasa, 19 Mei 2020
N Brown shares rise on new funding despite sales tumble
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UK digital clothing and footwear retailer N Brown Group says while trading has improved from the "sudden and significant" decline experienced in March amid the Covid-19 pandemic, product sales were down 25% in the last six weeks - with continued weakness in clothing.
UK digital clothing and footwear retailer N Brown Group says while trading has improved from the "sudden and significant" decline experienced in March amid the Covid-19 pandemic, product sales were down 25% in the last six weeks - with continued weakness in clothing.
Indian states slammed for diluting labour laws
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Unions have slammed some Indian states for suspending or amending existing labour laws and increasing working hours to try to curb the impact of the Covid-19 mandated lockdown, with the changes affecting a number of industries, including textiles.
Unions have slammed some Indian states for suspending or amending existing labour laws and increasing working hours to try to curb the impact of the Covid-19 mandated lockdown, with the changes affecting a number of industries, including textiles.
Sustainability key to resilient post-Covid fashion industry
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Fashion executives are being urged to place sustainability at the core of their business models to help rebuild resilient and sustainable businesses post-Covid-19.
Fashion executives are being urged to place sustainability at the core of their business models to help rebuild resilient and sustainable businesses post-Covid-19.
Bangladesh Bank increases export fund to $30m
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Bangladesh garment factories will now have access to more funding after the country's main bank increased the loan threshold for its export fund to US$30m.
Bangladesh garment factories will now have access to more funding after the country's main bank increased the loan threshold for its export fund to US$30m.
French Connection will run out of cash unless funding secured
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UK-based retailer French Connection has warned today (19 May) it is likely to run out of cash if it fails to secure funding to support the business.
UK-based retailer French Connection has warned today (19 May) it is likely to run out of cash if it fails to secure funding to support the business.
Garmon develops 'Safe Wear' garment protection
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Apparel chemicals specialist Garmon has developed a 'Safe Wear' line of products it says offers extra protection to garments.
Apparel chemicals specialist Garmon has developed a 'Safe Wear' line of products it says offers extra protection to garments.
Adrian Jules uses 3D tech to digitise operating processes
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New York design house Adrian Jules has digitised its entire operating process from design to cutting with the implementation of 3D technology.
New York design house Adrian Jules has digitised its entire operating process from design to cutting with the implementation of 3D technology.
UK consumers may be willing to return to shops by June
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There is likely to be a shift towards high street shopping in the UK when non-essential stores reopen next month, an analyst has said.
There is likely to be a shift towards high street shopping in the UK when non-essential stores reopen next month, an analyst has said.
JD.com forecasts growth amid "solid" Q1
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Chinese retail giant JD.com has booked "solid" earnings and sales in its first-quarter, thanks to an increase in user engagement and the addition of new brands, and is forecasting growth in its next quarter.
Chinese retail giant JD.com has booked "solid" earnings and sales in its first-quarter, thanks to an increase in user engagement and the addition of new brands, and is forecasting growth in its next quarter.
Marquee Brands takes back operations of BCBG Group
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Marquee Brands LLC is to take back the BCBGMAXAZRIA and BCBGeneration licenses from Centric Brands Inc following its bankruptcy filing.
Marquee Brands LLC is to take back the BCBGMAXAZRIA and BCBGeneration licenses from Centric Brands Inc following its bankruptcy filing.
N Brown shares rise despite sales tumble as group secures new funding
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UK digital clothing and footwear retailer N Brown Group says while trading has improved from the "sudden and significant" decline experienced in March amid the Covid-19 pandemic, product sales were down 25% in the last six weeks - with continued weakness in clothing.
UK digital clothing and footwear retailer N Brown Group says while trading has improved from the "sudden and significant" decline experienced in March amid the Covid-19 pandemic, product sales were down 25% in the last six weeks - with continued weakness in clothing.
Centric Brands shares tumble on Chapter 11 filing
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Centric Brands Inc, which designs, sources and sells clothing under licensed brands including Calvin Klein, Tommy Hilfiger, Nautica and Under Armour, has filed for Chapter 11 bankruptcy protection as part of a restructuring agreement from which it expects to emerge as a private company.
Centric Brands Inc, which designs, sources and sells clothing under licensed brands including Calvin Klein, Tommy Hilfiger, Nautica and Under Armour, has filed for Chapter 11 bankruptcy protection as part of a restructuring agreement from which it expects to emerge as a private company.
Senin, 18 Mei 2020
Centric Brands shares tumble on voluntary Chapter 11 filing
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Lifestyle brands collective Centric Brands Inc has voluntarily filed for Chapter 11 bankruptcy protection as part of a restructuring agreement from which it expects to emerge as a private company.
Lifestyle brands collective Centric Brands Inc has voluntarily filed for Chapter 11 bankruptcy protection as part of a restructuring agreement from which it expects to emerge as a private company.
Centric Brands voluntarily files for Chapter 11, plans to go private
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Lifestyle brands collective Centric Brands Inc has voluntarily filed for Chapter 11 bankruptcy protection as part of a restructuring agreement from which it expects to emerge as a private company.
Lifestyle brands collective Centric Brands Inc has voluntarily filed for Chapter 11 bankruptcy protection as part of a restructuring agreement from which it expects to emerge as a private company.
JCPenney files for bankruptcy protection
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US retail giant JCPenney has filed for Chapter 11 Bankruptcy protection, a move that will see some of its near-850 stores close.
US retail giant JCPenney has filed for Chapter 11 Bankruptcy protection, a move that will see some of its near-850 stores close.
Textile Exchange develops new standards framework
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Textile Exchange has developed a new Standards Claims Framework to offer an easier way for standards users to understand how to make claims and/or label their products.
Textile Exchange has developed a new Standards Claims Framework to offer an easier way for standards users to understand how to make claims and/or label their products.
Safety costs to rise as retail stores reopen
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As non-essential stores re-open, UK retailers are set to face numerous challenges including the high costs of implementing safety measures, the need to gain shoppers' trust, and increased supply chain costs, according to data and analytics firm GlobalData.
As non-essential stores re-open, UK retailers are set to face numerous challenges including the high costs of implementing safety measures, the need to gain shoppers' trust, and increased supply chain costs, according to data and analytics firm GlobalData.
Johnsons Shoe Company calls in administrators
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UK footwear firm Johnsons Shoe Company has become the latest to appoint administrators as the coronavirus (Covid-19) pandemic weighs on the retail sector.
UK footwear firm Johnsons Shoe Company has become the latest to appoint administrators as the coronavirus (Covid-19) pandemic weighs on the retail sector.
Pinatex producer is now a Certified B Corporation
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British company Ananas Anam, which produces the natural-based material Piñatex, has been granted B Corp certification.
British company Ananas Anam, which produces the natural-based material Piñatex, has been granted B Corp certification.
Brands commit to paying for orders under new Myanmar support scheme
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H&M, Inditex and Next are among the global brands that have backed an initiative to protect garment workers and factories in Myanmar from the economic impact linked to the coronavirus outbreak.
H&M, Inditex and Next are among the global brands that have backed an initiative to protect garment workers and factories in Myanmar from the economic impact linked to the coronavirus outbreak.
Bangladesh seeks EU help to curb garment order cancellations
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The Bangladesh government has taken the unusual step of asking the European Parliament to use its influence to try to persuade European clothing brands to be more sensitive about the impact of cancelling orders with Bangladesh-based suppliers during the Covid-19 crisis.
The Bangladesh government has taken the unusual step of asking the European Parliament to use its influence to try to persuade European clothing brands to be more sensitive about the impact of cancelling orders with Bangladesh-based suppliers during the Covid-19 crisis.
Jumat, 15 Mei 2020
US clothing retail sales plummet in April
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US retail sales dropped almost twice as much during April as they did in March as the nation's economy saw its first full month when most businesses were closed because of Covid-19, with clothing retailers particularly hard hit.
US retail sales dropped almost twice as much during April as they did in March as the nation's economy saw its first full month when most businesses were closed because of Covid-19, with clothing retailers particularly hard hit.
Boohoo secures GBP197.7m as it eyes future acquisitions
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Online fashion retailer Boohoo has raised GBP197.7m (US$241.4m) in less than 24 hours through a share placing designed to help it fund future acquisitions amid the Covid-19 pandemic.
Online fashion retailer Boohoo has raised GBP197.7m (US$241.4m) in less than 24 hours through a share placing designed to help it fund future acquisitions amid the Covid-19 pandemic.
Cotton, textile sectors call for collaborative action amid Covid-19
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Five associations representing the cotton and textile industry have joined hands on a call for fair and equitable trade practices across global supply chains amid the coronavirus (Covid-19) pandemic.
Five associations representing the cotton and textile industry have joined hands on a call for fair and equitable trade practices across global supply chains amid the coronavirus (Covid-19) pandemic.
Asics Ventures invests in synthetic spider silk startup
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Asics Ventures Corporation, an investment subsidiary of Japanese sporting goods giant Asics, has taken a stake in Israeli startup Seevix Material Sciences Ltd, which develops and manufactures synthetic spider silk.
Asics Ventures Corporation, an investment subsidiary of Japanese sporting goods giant Asics, has taken a stake in Israeli startup Seevix Material Sciences Ltd, which develops and manufactures synthetic spider silk.
Covid-19 weighs on cotton prices as clothing spend slows
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Despite the effects of Covid-19 on the global economy, cotton prices made some gains over the last month, but with clothing spend down the outlook for pricing is uncertain, new figures show.
Despite the effects of Covid-19 on the global economy, cotton prices made some gains over the last month, but with clothing spend down the outlook for pricing is uncertain, new figures show.
India's footwear industry lost orders worth $1bn
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India's footwear industry is understood to have lost export orders worth around US$1bn due to the coronavirus (Covid-19) pandemic.
India's footwear industry is understood to have lost export orders worth around US$1bn due to the coronavirus (Covid-19) pandemic.
VF Corp takes step to explore virtual reality
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Technology company Cemtrex says it has received an order from apparel giant VF Corporation to build a virtual reality (VR) application for corporate and third party use, aimed at creating a better retail experience for consumers.
Technology company Cemtrex says it has received an order from apparel giant VF Corporation to build a virtual reality (VR) application for corporate and third party use, aimed at creating a better retail experience for consumers.
Top stories this week on just-style...
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Top stories this week on just-style include a look at how fashion brands can offer practical assistance to suppliers reopening factories, and almost 70 jobs have been lost in Bangladesh after British retailer Debenhams liquidated its sourcing operation. Meanwhile, Covid-19 will wipe off US$297bn from the global apparel market in 2020, and Li & Fung has been given the green light by shareholders to take the company private.
Top stories this week on just-style include a look at how fashion brands can offer practical assistance to suppliers reopening factories, and almost 70 jobs have been lost in Bangladesh after British retailer Debenhams liquidated its sourcing operation. Meanwhile, Covid-19 will wipe off US$297bn from the global apparel market in 2020, and Li & Fung has been given the green light by shareholders to take the company private.
Esquel pivots production to build private brand mask sales
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The Covid-19 pandemic has proved a mixed blessing for Hong Kong-based garment supplier Esquel. While export earnings have plummeted, the company has pivoted by adding non-medical use face masks to its product line, which it will sell under the company's own label Determinant.
The Covid-19 pandemic has proved a mixed blessing for Hong Kong-based garment supplier Esquel. While export earnings have plummeted, the company has pivoted by adding non-medical use face masks to its product line, which it will sell under the company's own label Determinant.
Unions seek support for 80,000 Central America garment workers
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Nearly 50,000 in El Salvador, 26,000 in Honduras and 6,000 in Nicaragua: that's how many workers Central American garment factories are laying off with no paycheck, trade union officials say. They are stepping up calls for governments and fashion brands to help compensate and provide a livelihood for impoverished sewers until the pandemic recedes.
Nearly 50,000 in El Salvador, 26,000 in Honduras and 6,000 in Nicaragua: that's how many workers Central American garment factories are laying off with no paycheck, trade union officials say. They are stepping up calls for governments and fashion brands to help compensate and provide a livelihood for impoverished sewers until the pandemic recedes.
Kamis, 14 Mei 2020
Clothing firms told to consider safety steps for factory worker returns
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The coronavirus pandemic is going to force many changes in the way clothing factories have operated for hundreds of years and companies must start to consider the steps they can take to safeguard workers as facilities begin to come back online.
The coronavirus pandemic is going to force many changes in the way clothing factories have operated for hundreds of years and companies must start to consider the steps they can take to safeguard workers as facilities begin to come back online.
Vietnam anticipates fall in export turnover during 2020
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The Vietnam National Textile and Garment Group (Vinatex) said the industry booked a 2.02% drop in export turnover to US$8.4bn during the first quarter of 2020 and warns the situation is likely to get worse as the impact of the coronavirus outbreak continues to take effect.
The Vietnam National Textile and Garment Group (Vinatex) said the industry booked a 2.02% drop in export turnover to US$8.4bn during the first quarter of 2020 and warns the situation is likely to get worse as the impact of the coronavirus outbreak continues to take effect.
Under Armour latest to commit to PayUp campaign
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Under Armour, Nike, Adidas and Uniqlo are the latest brands to commit to the PayUp campaign by workers' rights organisation Remake, which urges major fashion brands to agree to pay for orders both completed and in-production.
Under Armour, Nike, Adidas and Uniqlo are the latest brands to commit to the PayUp campaign by workers' rights organisation Remake, which urges major fashion brands to agree to pay for orders both completed and in-production.
New M&S clothing boss to start role earlier than planned
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Marks & Spencer's new head of clothing and home is due to start his role three months earlier, meaning plans for a transformation of the division could be fast-forwarded.
Marks & Spencer's new head of clothing and home is due to start his role three months earlier, meaning plans for a transformation of the division could be fast-forwarded.
US clothing prices index down nearly 5% in April
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The price of clothing sold at retail in the US fell nearly 5% in April, new figures show.
The price of clothing sold at retail in the US fell nearly 5% in April, new figures show.
TM Lewin acquired by SCP Private Equity
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British menswear brand TM Lewin has been acquired by Torque Brands, a special purpose acquisition vehicle set up by London-based consumer specialist, SCP Private Equity.
British menswear brand TM Lewin has been acquired by Torque Brands, a special purpose acquisition vehicle set up by London-based consumer specialist, SCP Private Equity.
UK lockdown sends online clothing sales tumbling
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Online clothing sales in the UK fell for a second consecutive month in April, the country's first full month under lockdown, with the largest declines in menswear and footwear, new figures show.
Online clothing sales in the UK fell for a second consecutive month in April, the country's first full month under lockdown, with the largest declines in menswear and footwear, new figures show.
Aldo Group applies for creditor protection to restructure
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Canada-based footwear retailer and distributor Aldo Group has filed for creditor protection in order to restructure its business.
Canada-based footwear retailer and distributor Aldo Group has filed for creditor protection in order to restructure its business.
Rabu, 13 Mei 2020
UK clothing sales hit hard in April as lockdown bites
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UK retail sales have seen a year-on-year fall of 19.1% in April, the worst decline recorded since the British Retail Consortium (BRC) began its monitoring in January 1995 - with clothing, in particular, being hit hard.
UK retail sales have seen a year-on-year fall of 19.1% in April, the worst decline recorded since the British Retail Consortium (BRC) began its monitoring in January 1995 - with clothing, in particular, being hit hard.
Target same-day technologies deal will boost speed
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US department store retailer Target Corp plans to acquire technology from same-day delivery start-up Deliv, in a move that could see the company improve its position ing e-commerce, delivery efficiency and speed, and smart supply chain.
US department store retailer Target Corp plans to acquire technology from same-day delivery start-up Deliv, in a move that could see the company improve its position ing e-commerce, delivery efficiency and speed, and smart supply chain.
Development and financing main concerns of fashion start-ups
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Fashion start-ups are "significantly" affected by the impact of the Covid-19 crisis with key areas of concern including business development and financing, new research shows.
Fashion start-ups are "significantly" affected by the impact of the Covid-19 crisis with key areas of concern including business development and financing, new research shows.
Li & Fung privatisation deal gets green light
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Global sourcing and logistics giant Li & Fung has been given the green light by shareholders to take the company private.
Global sourcing and logistics giant Li & Fung has been given the green light by shareholders to take the company private.
Bangladesh workers to access well-being platform
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The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has partnered with Maya Digital Health to offer workers access to the anonymous platform through which they can ask questions relating to health and well-being.
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has partnered with Maya Digital Health to offer workers access to the anonymous platform through which they can ask questions relating to health and well-being.
First farmers awarded sustainable cashmere certification
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Non-profit Aid by Trade Foundation (AbTF) has issued its first certificates for sustainable cashmere production following the successful verification of farmers and cashmere producers by an independent verification body.
Non-profit Aid by Trade Foundation (AbTF) has issued its first certificates for sustainable cashmere production following the successful verification of farmers and cashmere producers by an independent verification body.
UK shoppers to continue to favour online channels post-Covid
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Retailers that do not have an online presence could stand to lose out as more than a quarter of UK shoppers plan to spend more online once Covid-19 restrictions are lifted, according to data and analytics firm GlobalData.
Retailers that do not have an online presence could stand to lose out as more than a quarter of UK shoppers plan to spend more online once Covid-19 restrictions are lifted, according to data and analytics firm GlobalData.
Covid-19 to cut global apparel market by US$297bn in 2020
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Covid-19 will wipe off US$297bn from the global apparel market in 2020 - a 15.2% decline on 2019 - according to a new forecast from GlobalData.
Covid-19 will wipe off US$297bn from the global apparel market in 2020 - a 15.2% decline on 2019 - according to a new forecast from GlobalData.
Selasa, 12 Mei 2020
Debenhams collapse hits sourcing operation hard
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Almost 70 jobs have been lost in Bangladesh after British retailer Debenhams liquidated its sourcing operation after collapsing into administration last month.
Almost 70 jobs have been lost in Bangladesh after British retailer Debenhams liquidated its sourcing operation after collapsing into administration last month.
India faces challenges restarting clothing production
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An Indian clothing supplier to international brands has told just-style of the challenges it faces as it starts to emerge from the near complete lockdown that prevented work being completed on summer collections.
An Indian clothing supplier to international brands has told just-style of the challenges it faces as it starts to emerge from the near complete lockdown that prevented work being completed on summer collections.
Industry heavyweights partner on traceable, upcycled denim range
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Levi Strauss & Co (LS&Co) has partnered on a traceable, nine-piece upcycled denim collection aimed at reducing apparel's climate impact.
Levi Strauss & Co (LS&Co) has partnered on a traceable, nine-piece upcycled denim collection aimed at reducing apparel's climate impact.
US consumers ready to buy apparel but will avoid fitting rooms
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As stores begin to reopen across the US, a new study has found that the majority of consumers are ready to buy apparel in-store, however, the purchase experience will likely look much different than it did pre-coronavirus, as most are reluctant to try clothes on in dressing rooms.
As stores begin to reopen across the US, a new study has found that the majority of consumers are ready to buy apparel in-store, however, the purchase experience will likely look much different than it did pre-coronavirus, as most are reluctant to try clothes on in dressing rooms.
From Field to Shelf - Now is the time for NGOs to step up their game
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If non-governmental organisations (NGOs) wish to remain relevant - and productive - they need to press their case now. Otherwise the fashion industry will go back to its old ways of doing business in a post-Covid world, says Robert Antoshak, managing director of Olah Inc.
If non-governmental organisations (NGOs) wish to remain relevant - and productive - they need to press their case now. Otherwise the fashion industry will go back to its old ways of doing business in a post-Covid world, says Robert Antoshak, managing director of Olah Inc.
UK firms with "vulnerable supply chains" could get support
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The UK government has rolled out financial support for garment businesses with "vulnerable supply chains" in developing countries as part of its response to the coronavirus outbreak and its wider economic impact.
The UK government has rolled out financial support for garment businesses with "vulnerable supply chains" in developing countries as part of its response to the coronavirus outbreak and its wider economic impact.
Aldo Group latest to file for Chapter 11 bankruptcy
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Canada-based footwear retailer and distributor Aldo Group has filed for bankruptcy protection in order to restructure its business.
Canada-based footwear retailer and distributor Aldo Group has filed for bankruptcy protection in order to restructure its business.
CUC named US Cotton Trust Protocol verification partner
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The US Cotton Trust Protocol has selected international auditing company Control Union Certifications (CUC) to verify the Trust Protocol annual data that will highlight key sustainability metrics including water management, greenhouse gas emissions, and energy efficiency.
The US Cotton Trust Protocol has selected international auditing company Control Union Certifications (CUC) to verify the Trust Protocol annual data that will highlight key sustainability metrics including water management, greenhouse gas emissions, and energy efficiency.
Yarn Expo plans September return to Shanghai
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The 2020 autumn edition of the Yarn Expo is expected to return to Shanghai in September to offer a platform to "help companies reconnect while supplying access to the rebounding market".
The 2020 autumn edition of the Yarn Expo is expected to return to Shanghai in September to offer a platform to "help companies reconnect while supplying access to the rebounding market".
Gymshark boosts speed and efficiency with PLM
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UK-based fitness brand Gymshark has invested in a new Product Lifecycle Management (PLM) solution to help streamline its product-related processes and boost speed and accuracy.
UK-based fitness brand Gymshark has invested in a new Product Lifecycle Management (PLM) solution to help streamline its product-related processes and boost speed and accuracy.
Senin, 11 Mei 2020
Materials innovation key to unlocking industry growth
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Materials innovations are key to driving textile and apparel industry growth despite fragmented supply chains and economic headwinds, according to a new report.
Materials innovations are key to driving textile and apparel industry growth despite fragmented supply chains and economic headwinds, according to a new report.
US retail imports to see double-digit annual declines
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Imports at major US retail container ports are expected to see double-digit year-over-year declines this spring and summer as the economic effects of the coronavirus pandemic continue, despite the reopening of some stores.
Imports at major US retail container ports are expected to see double-digit year-over-year declines this spring and summer as the economic effects of the coronavirus pandemic continue, despite the reopening of some stores.
Stage Stores begins Chapter 11 process
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US department store retailer Stage Stores has filed for Chapter 11 bankruptcy protection and will simultaneously solicit bids for a going concern sale of the business or any of its assets and initiate an orderly wind-down of operations.
US department store retailer Stage Stores has filed for Chapter 11 bankruptcy protection and will simultaneously solicit bids for a going concern sale of the business or any of its assets and initiate an orderly wind-down of operations.
Nike takes lead on new wastewater training programme
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A new wastewater operations training programme aims to improve water and wastewater management and treatment throughout textile supply chains around the world.
A new wastewater operations training programme aims to improve water and wastewater management and treatment throughout textile supply chains around the world.
BGMEA refutes Covid-19 factory infection reports
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The Bangladesh Garment Manufacturers Association (BGMEA) has refuted claims nearly 100 workers were infected with coronavirus (Covid-19) last month, with ten of those dying of the disease.
The Bangladesh Garment Manufacturers Association (BGMEA) has refuted claims nearly 100 workers were infected with coronavirus (Covid-19) last month, with ten of those dying of the disease.
US economic recovery will be slow, warns retail economist
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With some retailers starting to open stores in the US, economic recovery from the coronavirus pandemic is likely to be gradual and will vary by location, an economist has warned.
With some retailers starting to open stores in the US, economic recovery from the coronavirus pandemic is likely to be gradual and will vary by location, an economist has warned.
Financial support and worker safety top industry concerns
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A survey carried out by the Sustainable Apparel Coalition to determine areas that the industry most needs support and guidance in the wake of Covid-19 has found the biggest areas of concern are financial support to prevent or alleviate facility layoffs and how to protect workers once factories reopen.
A survey carried out by the Sustainable Apparel Coalition to determine areas that the industry most needs support and guidance in the wake of Covid-19 has found the biggest areas of concern are financial support to prevent or alleviate facility layoffs and how to protect workers once factories reopen.
Kingpins gears up for second edition of online event
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The organisers of denim trade show Kingpins have outlined plans for the next edition of its online-only event Kingpins24, with a focus on product-related information from mills and manufacturers.
The organisers of denim trade show Kingpins have outlined plans for the next edition of its online-only event Kingpins24, with a focus on product-related information from mills and manufacturers.
Annual US retail imports to see double-digit declines
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Imports at major US retail container ports are expected to see double-digit year-over-year declines this spring and summer as the economic effects of the coronavirus pandemic continue, despite the reopening of some stores.
Imports at major US retail container ports are expected to see double-digit year-over-year declines this spring and summer as the economic effects of the coronavirus pandemic continue, despite the reopening of some stores.
Neiman Marcus latest to file for Chapter 11 bankruptcy
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US luxury department store retailer Neiman Marcus has become the latest to file for Chapter 11 bankruptcy protection with a deal that will hand the business over to its creditors, as the coronavirus pandemic continues to take its toll on struggling companies.
US luxury department store retailer Neiman Marcus has become the latest to file for Chapter 11 bankruptcy protection with a deal that will hand the business over to its creditors, as the coronavirus pandemic continues to take its toll on struggling companies.
US trade deficit in goods climbs as volumes slide
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The US trade deficit in goods and services was up 11.6% in March from a month earlier as trade volumes continued on their downward trajectory due to the Covid-19 pandemic.
The US trade deficit in goods and services was up 11.6% in March from a month earlier as trade volumes continued on their downward trajectory due to the Covid-19 pandemic.
Jumat, 08 Mei 2020
How fashion sourcing has reacted to the corona crisis
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Covid-19 has sent shockwaves through the fashion industry's global sourcing and production operations - as revealed by a new survey of sourcing executives' immediate response to the crisis, and their plans for the future.
Covid-19 has sent shockwaves through the fashion industry's global sourcing and production operations - as revealed by a new survey of sourcing executives' immediate response to the crisis, and their plans for the future.
Kamis, 07 Mei 2020
Fashion revenues likely to contract 27-30% in 2020
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Revenues for the global fashion industry can be expected to contract by 27-30% in 2020 and businesses must start gearing up for trading in an entirely different environment compared to the one pre-Covid, according to a new report from global consulting firm McKinsey & Company.
Revenues for the global fashion industry can be expected to contract by 27-30% in 2020 and businesses must start gearing up for trading in an entirely different environment compared to the one pre-Covid, according to a new report from global consulting firm McKinsey & Company.
Clarks hires advisors for potential restructuring?
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UK footwear group C&J Clark International, which trades as Clarks, is understood to have appointed three accountancy firms to look at a potential restructuring of the business.
UK footwear group C&J Clark International, which trades as Clarks, is understood to have appointed three accountancy firms to look at a potential restructuring of the business.
Clarks hires advisors to assess impact of Covid-19?
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UK footwear group C&J Clark International, which trades as Clarks, is understood to have appointed three accountancy firms to look at a potential restructuring of the business.
UK footwear group C&J Clark International, which trades as Clarks, is understood to have appointed three accountancy firms to look at a potential restructuring of the business.
Superdry Q4 sales sink on store closures
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Superdry says its full-year sales fell 19.1%, severely impacted by coronavirus-related store closures that affected its fourth-quarter numbers.
Superdry says its full-year sales fell 19.1%, severely impacted by coronavirus-related store closures that affected its fourth-quarter numbers.
Lenzing Q1 profit tumbles 58.6%
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Austrian cellulosic fibre producer Lenzing has reported a drop in both profit and revenue in the first quarter of 2020 as the firm continues to be plagued by lower selling prices for standard viscose amid the impact of Covid-19.
Austrian cellulosic fibre producer Lenzing has reported a drop in both profit and revenue in the first quarter of 2020 as the firm continues to be plagued by lower selling prices for standard viscose amid the impact of Covid-19.
Puma sees Q1 profits dive by 62%
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Puma has booked a 61.6% plunge in first-quarter profits as sales were "heavily impacted" by Covid-19.
Puma has booked a 61.6% plunge in first-quarter profits as sales were "heavily impacted" by Covid-19.
Superdry sales sink in Q4 on store closures
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Superdry says its full-year sales fell 19.1%, severely impacted by coronavirus-related store closures that affected its fourth-quarter numbers.
Superdry says its full-year sales fell 19.1%, severely impacted by coronavirus-related store closures that affected its fourth-quarter numbers.
Kingpins partners with ZDHC on Chinese webinar
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Denim trade show Kingpins is partnering with the ZDHC Foundation to offer a webinar in Mandarin, targeting exhibitors in China and Taiwan.
Denim trade show Kingpins is partnering with the ZDHC Foundation to offer a webinar in Mandarin, targeting exhibitors in China and Taiwan.
US apparel imports from China down 53% in March
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With the global apparel industry starting to feel the effects of factory shutdowns and retail store closures in March due to the outbreak of coronavirus, US apparel imports saw a double-digit drop on the month prior, with its largest supplier China recording the steepest fall at 53%.
With the global apparel industry starting to feel the effects of factory shutdowns and retail store closures in March due to the outbreak of coronavirus, US apparel imports saw a double-digit drop on the month prior, with its largest supplier China recording the steepest fall at 53%.
Zalando anticipates sales growth of up to 20% in 2020
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German fashion e-tailer Zalando foresees revenue growth of between 10-20% in 2020, despite what it calls a challenging trading environment due to the coronavirus.
German fashion e-tailer Zalando foresees revenue growth of between 10-20% in 2020, despite what it calls a challenging trading environment due to the coronavirus.
H&M warns of Q2 loss as sales more than halve
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Swedish clothing brand H&M says its sales have fallen 57% between 1 March and 6 May compared with the same period a year earlier and warns its second-quarter will be "loss-making".
Swedish clothing brand H&M says its sales have fallen 57% between 1 March and 6 May compared with the same period a year earlier and warns its second-quarter will be "loss-making".
Top stories this week on just-style...
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Top stories this week on just-style include a look at how the flood of excess inventory from the Covid-19 pandemic will likely lead to widespread administrations for companies in the UK, Europe, and the US, and why retailer bankruptcy laws need reform. Elsewhere, J.Crew Group has filed for Chapter 11 bankruptcy protection, and Gap Inc has partnered with IMG to explore the introduction of "complementary products" to its Gap, Banana Republic, and Janie and Jack assortments.
Top stories this week on just-style include a look at how the flood of excess inventory from the Covid-19 pandemic will likely lead to widespread administrations for companies in the UK, Europe, and the US, and why retailer bankruptcy laws need reform. Elsewhere, J.Crew Group has filed for Chapter 11 bankruptcy protection, and Gap Inc has partnered with IMG to explore the introduction of "complementary products" to its Gap, Banana Republic, and Janie and Jack assortments.
Apparel Textile Sourcing launches virtual event
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Apparel Textile Sourcing (ATS) Trade Shows is to hold a virtual event later this month in light of the public health concerns around the Covid-19 pandemic.
Apparel Textile Sourcing (ATS) Trade Shows is to hold a virtual event later this month in light of the public health concerns around the Covid-19 pandemic.
British Footwear Association launches online Shoe School
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The British Footwear Association has launched an online 'Shoe School' designed for workers in the footwear sector who have no formal training on how shoes are made.
The British Footwear Association has launched an online 'Shoe School' designed for workers in the footwear sector who have no formal training on how shoes are made.
HanesBrands sees US$300m sales opportunity in PPE
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T-shirt and activewear maker HanesBrands is ramping up the production of masks and protective garments in response to the global coronavirus pandemic - and says the business could become a permanent part of its portfolio.
T-shirt and activewear maker HanesBrands is ramping up the production of masks and protective garments in response to the global coronavirus pandemic - and says the business could become a permanent part of its portfolio.
Rabu, 06 Mei 2020
Covid-19 inventory glut adds to garment industry grief
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With spring/summer now a write-off for most fashion retailers, the resulting flood of excess inventory - and the subsequent discounting and margin erosion - will likely lead to widespread administrations for companies in the UK, Europe and the US.
With spring/summer now a write-off for most fashion retailers, the resulting flood of excess inventory - and the subsequent discounting and margin erosion - will likely lead to widespread administrations for companies in the UK, Europe and the US.
Covid-19 inventory flood adds to apparel supply chain pressures
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With spring/summer now a write-off for most fashion retailers, the resulting flood of excess inventory - and the subsequent discounting and margin erosion - will likely lead to widespread administrations for companies in the UK, Europe and the US.
With spring/summer now a write-off for most fashion retailers, the resulting flood of excess inventory - and the subsequent discounting and margin erosion - will likely lead to widespread administrations for companies in the UK, Europe and the US.
Amazon websites added to US Notorious Markets list
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The Office of the US Trade Representative (USTR) has place five of Amazon's country websites on its 'Notorious Markets' list as it moves to crack down further on fakes entering the country.
The Office of the US Trade Representative (USTR) has place five of Amazon's country websites on its 'Notorious Markets' list as it moves to crack down further on fakes entering the country.
Negotiations begin on potential US-UK trade agreement
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Trade talks have begun between the US and the UK in the next step towards securing a free trade agreement between the two countries.
Trade talks have begun between the US and the UK in the next step towards securing a free trade agreement between the two countries.
Global textile industry prepares for 33% fall in turnover
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Global textile manufacturers are expecting challenges ahead, with turnover forecast down an average of 33% compared to last year.
Global textile manufacturers are expecting challenges ahead, with turnover forecast down an average of 33% compared to last year.
US consumers rethinking how they shop for clothes
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US consumers are becoming more comfortable shopping for clothes online, with many expecting the coronavirus (Covid-19) pandemic to change the way they shop in the future, new research shows.
US consumers are becoming more comfortable shopping for clothes online, with many expecting the coronavirus (Covid-19) pandemic to change the way they shop in the future, new research shows.
Australian cotton makes green progress but carbon emissions grow
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A new sustainability report from Cotton Australia and the Cotton Research and Development Cooperation shows the industry has made progress in some areas such as water reduction but needs improvement in other areas such as carbon emissions, which increased in the five years to 2019.
A new sustainability report from Cotton Australia and the Cotton Research and Development Cooperation shows the industry has made progress in some areas such as water reduction but needs improvement in other areas such as carbon emissions, which increased in the five years to 2019.
Nordstrom to permanently close 16 full-line stores
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Upscale US department store operator Nordstrom is to shutter 16 full-line stores amid a restructure designed to better position the business as it navigates the Covid-19 pandemic.
Upscale US department store operator Nordstrom is to shutter 16 full-line stores amid a restructure designed to better position the business as it navigates the Covid-19 pandemic.
Pakistan's Punjab allows reopening of textile mills
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Pakistan's Punjab Government has allowed the reopening of textile mills across the region in a move that will help lift exports hit by the lockdown resulting from the coronavirus pandemic.
Pakistan's Punjab Government has allowed the reopening of textile mills across the region in a move that will help lift exports hit by the lockdown resulting from the coronavirus pandemic.
UK high street needs strong online presence to succeed post Covid-19
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Reopening the UK high street will only succeed if retailers maintain a strong online presence, with social distancing measures meaning lower footfall, according to new research.
Reopening the UK high street will only succeed if retailers maintain a strong online presence, with social distancing measures meaning lower footfall, according to new research.
Competition watchdog blocks JD Sports takeover of Footasylum
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The UK competition watchdog has blocked JD Sports Fashion Plc's proposed takeover of Footasylum saying it would lead to "substantial lessening of competition nationally" and leave shoppers with fewer discounts or lower quality customer service.
The UK competition watchdog has blocked JD Sports Fashion Plc's proposed takeover of Footasylum saying it would lead to "substantial lessening of competition nationally" and leave shoppers with fewer discounts or lower quality customer service.
Industry welcomes decision to place Amazon sites on 'Notorious Markets' list
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US apparel trade bodies have welcomed a decision by The Office of the US Trade Representative (USTR) to place five of Amazon's websites on its 'Notorious Markets' list as it moves to crack down further on fakes entering the country.
US apparel trade bodies have welcomed a decision by The Office of the US Trade Representative (USTR) to place five of Amazon's websites on its 'Notorious Markets' list as it moves to crack down further on fakes entering the country.
Asos scales up use of augmented reality to weather Covid-19 storm
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UK online fashion retailer Asos is ramping up its use of augmented reality (AR) technology to simulate real-life model photography in response to the Covid-19 pandemic.
UK online fashion retailer Asos is ramping up its use of augmented reality (AR) technology to simulate real-life model photography in response to the Covid-19 pandemic.
Selasa, 05 Mei 2020
Export collapse weighs on China factory activity in April
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A sharp fall in export orders as the Covid-19 pandemic caused global demand to slump meant factory activity in China contracted in April.
A sharp fall in export orders as the Covid-19 pandemic caused global demand to slump meant factory activity in China contracted in April.
Victoria's Secret takeover is shelved
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The proposed takeover of the Victoria's Secret brand by private equity firm Sycamore Partners has been axed.
The proposed takeover of the Victoria's Secret brand by private equity firm Sycamore Partners has been axed.
Supplier crisis shows why retailer bankruptcy laws need reform
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In recent weeks a number of global retailers have found themselves in deep waters financially. But when a retailer is declared bankrupt, it has a detrimental knock-on effect on its supplier factories.
In recent weeks a number of global retailers have found themselves in deep waters financially. But when a retailer is declared bankrupt, it has a detrimental knock-on effect on its supplier factories.
Distressed US apparel retailers face surge in defaults
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The US retail and apparel sector faces surging defaults over the next 12 months as companies succumb to pressures mounting from the lengthy shutdown and potentially slow recovery from the Covid-19 pandemic, a new forecast suggests.
The US retail and apparel sector faces surging defaults over the next 12 months as companies succumb to pressures mounting from the lengthy shutdown and potentially slow recovery from the Covid-19 pandemic, a new forecast suggests.
Turkey garment suppliers call on brands to "reinforce dialogue"
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Turkey's clothing manufacturers are calling on global brands and retailers to reinforce dialogue with their suppliers over orders to maintain a "healthy and sustainable" supply chain.
Turkey's clothing manufacturers are calling on global brands and retailers to reinforce dialogue with their suppliers over orders to maintain a "healthy and sustainable" supply chain.
Hugo Boss moves to Q1 loss as sales slide
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German luxury fashion brand Hugo Boss has moved to a loss in its first-quarter as global store closures due to the coronavirus (Covid-19) pandemic weighed on sales.
German luxury fashion brand Hugo Boss has moved to a loss in its first-quarter as global store closures due to the coronavirus (Covid-19) pandemic weighed on sales.
ETI issues guidance for employers of migrant workers
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The Ethical Trading Initiative (ETI) has issued a briefing note for the employers of migrant workers during Covid-19, offering advice on key actions.
The Ethical Trading Initiative (ETI) has issued a briefing note for the employers of migrant workers during Covid-19, offering advice on key actions.
Langenstein named chief in Chico's FAS shakeup
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US women's wear retailer Chico's FAS has outlined a leadership shakeup that sees Molly Langenstein, president of its two largest brands, promoted to group president and CEO, amid a "significant" restructure of the overall organisation.
US women's wear retailer Chico's FAS has outlined a leadership shakeup that sees Molly Langenstein, president of its two largest brands, promoted to group president and CEO, amid a "significant" restructure of the overall organisation.
BGMEA carries out health and safety checks as factories reopen
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The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) says 96% of factories it audited for health and safety measures have been found to be "satisfactory".
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) says 96% of factories it audited for health and safety measures have been found to be "satisfactory".
Senin, 04 Mei 2020
Chain stores benefitting most online amid lockdown
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Chain stores are seeing the largest increase in online sales since the temporary lockdown of brick-and-mortar stores, a new report shows, with apparel seeing significant growth.
Chain stores are seeing the largest increase in online sales since the temporary lockdown of brick-and-mortar stores, a new report shows, with apparel seeing significant growth.
Gap eyes new product categories with IMG licensing deal
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Speciality clothing retailer Gap Inc has partnered with IMG to explore the introduction of "complementary products" to its Gap, Banana Republic, and Janie and Jack assortments, including baby equipment, home décor, and furniture.
Speciality clothing retailer Gap Inc has partnered with IMG to explore the introduction of "complementary products" to its Gap, Banana Republic, and Janie and Jack assortments, including baby equipment, home décor, and furniture.
Patrick Valeo named CEO at Diesel North America
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Clothing brand Diesel has named Patrick Valeo as CEO of its North America unit.
Clothing brand Diesel has named Patrick Valeo as CEO of its North America unit.
Canada Goose aims for 90% Bluesign approval by 2025
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Canadian outdoor apparel specialist Canada Goose has pledged to reach 90% Bluesign approval for all of its fabrics by 2025.
Canadian outdoor apparel specialist Canada Goose has pledged to reach 90% Bluesign approval for all of its fabrics by 2025.
J.Crew files for Chapter 11 bankruptcy protection
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US apparel retailer J.Crew Group has filed for Chapter 11 bankruptcy protection as part of an agreement that will hand over control to its top lenders.
US apparel retailer J.Crew Group has filed for Chapter 11 bankruptcy protection as part of an agreement that will hand over control to its top lenders.
Australia's wool industry battles the Covid-19 storm
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Wool producers in Australia are stockpiling wool and avoiding auction sales as they battle a downturn in prices and demand.
Wool producers in Australia are stockpiling wool and avoiding auction sales as they battle a downturn in prices and demand.
Younger shoppers key to UK retail success post-lockdown
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UK retailers targeting younger consumers such as Primark and JD Sports are likely to see footfall return more quickly once lockdown restrictions are loosened than players aimed at the more cautious over 35s, according to data and analytics company GlobalData.
UK retailers targeting younger consumers such as Primark and JD Sports are likely to see footfall return more quickly once lockdown restrictions are loosened than players aimed at the more cautious over 35s, according to data and analytics company GlobalData.
EU's Myanmar garment support fund makes first payments
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The first payments have been made to some of Myanmar's garment sector workers through the European Union's EUR5m (US$5.5m) 'Rapid Response' support fund.
The first payments have been made to some of Myanmar's garment sector workers through the European Union's EUR5m (US$5.5m) 'Rapid Response' support fund.
Canada Goose targets 90% Bluesign approval by 2025
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Canadian outdoor apparel specialist Canada Goose has pledged to reach 90% Bluesign approval for all of its fabrics by 2025.
Canadian outdoor apparel specialist Canada Goose has pledged to reach 90% Bluesign approval for all of its fabrics by 2025.
Monthly trade programme roundup - April 2020
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The latest monthly round-up of updates to key free trade agreements and trade preference programmes involving the United States, the European Union, the United Kingdom and Japan covers developments in April 2020.
The latest monthly round-up of updates to key free trade agreements and trade preference programmes involving the United States, the European Union, the United Kingdom and Japan covers developments in April 2020.
Year-end cotton prices seen falling to decade low
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Global cotton consumption in 2019/20 is set to suffer a 12% decline as demand plummets due to the Covid-19 pandemic, with year-end prices seen falling to their lowest levels in more than a decade.
Global cotton consumption in 2019/20 is set to suffer a 12% decline as demand plummets due to the Covid-19 pandemic, with year-end prices seen falling to their lowest levels in more than a decade.
Jumat, 01 Mei 2020
US fashion industry wish-list to tackle corona crisis
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Three associations representing the US fashion, apparel, footwear, and travel goods industries have set out recommendations for future tariff relief and stimulus aid to help retailers and importers emerge from the coronavirus crisis.
Three associations representing the US fashion, apparel, footwear, and travel goods industries have set out recommendations for future tariff relief and stimulus aid to help retailers and importers emerge from the coronavirus crisis.
Sustainability not an option for denim post-pandemic
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Education and collaboration are key to driving greater sustainability in the global denim industry, particularly as the sector looks to return to normalcy following the coronavirus (Covid-19) pandemic.
Education and collaboration are key to driving greater sustainability in the global denim industry, particularly as the sector looks to return to normalcy following the coronavirus (Covid-19) pandemic.
What's on the US fashion industry corona crisis wish-list?
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Three associations representing the US fashion, apparel, footwear, and travel goods industries have set out recommendations for future tariff relief and stimulus aid to help retailers and importers emerge from the coronavirus crisis.
Three associations representing the US fashion, apparel, footwear, and travel goods industries have set out recommendations for future tariff relief and stimulus aid to help retailers and importers emerge from the coronavirus crisis.
US textile sector urges 'Buy American' policy for PPE
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The National Council of Textile Organizations (NCTO) is urging the US government to introduce Buy American policy changes to help bolster manufacturers producing personal protective equipment (PPE) and safeguard new supply chains.
The National Council of Textile Organizations (NCTO) is urging the US government to introduce Buy American policy changes to help bolster manufacturers producing personal protective equipment (PPE) and safeguard new supply chains.
Iconix to sell Umbro China for US$62.5m
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Brand management company Iconix Brand Group plans to offload its equity interests in Umbro China Limited to HK Qiaodan Investment Limited for US$62.5m
Brand management company Iconix Brand Group plans to offload its equity interests in Umbro China Limited to HK Qiaodan Investment Limited for US$62.5m
Retailers begin to outline store reopening plans - Update
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The first wave of apparel brands and retailers have begun to tentatively outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.
The first wave of apparel brands and retailers have begun to tentatively outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.
1,803 jobs lost as Oasis and Warehouse stop trading
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The Oasis and Warehouse Group is to cease trading online and close all stores indefinitely after administrators were unable to secure a buyer for the fashion business.
The Oasis and Warehouse Group is to cease trading online and close all stores indefinitely after administrators were unable to secure a buyer for the fashion business.
Tunisia unions back salary pact for private workers
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Private sector clothing and footwear workers in Tunisia are among those who will continue to be paid during Covid-19-related closures thanks to an agreement between the government and unions.
Private sector clothing and footwear workers in Tunisia are among those who will continue to be paid during Covid-19-related closures thanks to an agreement between the government and unions.
Gildan swings to Q1 loss amid "unprecedented" Covid-19 impact
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Canadian apparel maker Gildan Activewear has moved to a loss in its third-quarter after taking a significant hit in demand for its core products in March due to the coronavirus pandemic.
Canadian apparel maker Gildan Activewear has moved to a loss in its third-quarter after taking a significant hit in demand for its core products in March due to the coronavirus pandemic.
Egypt makers take a hit on cancellations and capacity
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Garment factories in Egypt have indicated that order cancellations linked to the global Covid-19 crisis are reaching millions of dollars, and that many manufacturers have been forced to reduce their production capacity as a result.
Garment factories in Egypt have indicated that order cancellations linked to the global Covid-19 crisis are reaching millions of dollars, and that many manufacturers have been forced to reduce their production capacity as a result.
Investors concerned at lack of worker transparency
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A coalition of 130 institutional investors with combined assets of more than US$14 trillion has expressed concern that major corporations are not responsibly managing the fallout of the coronavirus pandemic due to a lack of transparency on vulnerable workers in their supply chains.
A coalition of 130 institutional investors with combined assets of more than US$14 trillion has expressed concern that major corporations are not responsibly managing the fallout of the coronavirus pandemic due to a lack of transparency on vulnerable workers in their supply chains.
Top stories this week on just-style...
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Top stories this week on just-style include a look at how labour rights are set to worsen in Asia's garment sector as the coronavirus pandemic continues to spread across the region, and five ways to overhaul the global fashion supply chain for the future. Meanwhile, Esquel Group is shuttering four factories as it struggles with falling orders, and the president of the Turkish Clothing Manufacturers' Association has complained about the treatment his members have experienced at the hands of international brands and retailers during the crisis.
Top stories this week on just-style include a look at how labour rights are set to worsen in Asia's garment sector as the coronavirus pandemic continues to spread across the region, and five ways to overhaul the global fashion supply chain for the future. Meanwhile, Esquel Group is shuttering four factories as it struggles with falling orders, and the president of the Turkish Clothing Manufacturers' Association has complained about the treatment his members have experienced at the hands of international brands and retailers during the crisis.
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