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Market Buzz& Industry News

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Steps to reduce risk of child labour in garment supply chains

11/19/2018

The prevalence of child labour in garment factories in Asia is an uncomfortable truth for many brands and retailers. But the Fair Wear Foundation (FWF) believes part of the solution is to ramp up discussions on why it happens, how to avoid it, and what to do when child workers are found.

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US industry voices concerns over TPLs in new USMCA

11/19/2018

A hearing on the potential impact of the new US-Mexico Canada Mexico-Canada Agreement (USMCA) has heard representatives from the US apparel and textile industries voice concerns regarding tariff preference levels (TPLs), with both sides arguing they will make trading more difficult.

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Can athleisure tackle the problem of fast fashion?

11/19/2018

The athleisure segment has several attributes that position it well to tackle the issue of 'fast fashion', an audience at last week's Association of Suppliers to the British Clothing Industry (ASBCI) conference was told.

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Product Category Rules created for the apparel sector

11/19/2018

Key Product Category Rules (PCR) that allow the environmental performance of natural fibre fabrics to be assessed have now been published in the International EPD System - giving apparel producers a "common language" to understand the value of sustainable products.

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Countdown to WFSGI World Manufacturers Forum in Vietnam

11/16/2018

With just three weeks to go before this year's World Manufacturers Forum (WMF), organisers have released further details of the exciting lineup of speakers who will be discussing 'Manufacturing 4.0: Steps towards a future vision.'

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US Q3 in brief - Urban Outfitters, L Brands, Walmart

10/11/2018

In the latest third-quarter filings from US apparel and footwear brands and retailers, Columbia Sportswear has lifted its full-year guidance on the back of a record third-quarter, denim major Levi Strauss & Co has booked its fourth consecutive quarter of double-digit revenue growth, while casual footwear brand Skechers USA has posted record sales.

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New Balance honoured for sourcing and compliance strategy

11/20/2018

New Balance's social compliance programme has been re-accredited by the Fair Labor Association (FLA) in a move that confirms the athletic footwear maker has policies and practices in place to monitor and remediate labour abuses in its global supply chain.

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Bonmarche pins hopes on holiday trading season

11/20/2018

Bonmarché is pinning its hopes on the key Black Friday through to Christmas trading period as the UK value women's wear retailer maintained its full-year guidance despite a drop in profit and flat sales in its first-half..

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Forever 21 under fire over wool cruelty claims

11/20/2018

Forever 21 has come under fire from animal rights group PETA over a video exposé that shows sheep being mistreated on farms in Australia that reportedly supply to the US teen apparel retailer.

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Applied DNA moves forward on leather traceability system

11/20/2018

Product authentication business Applied DNA Sciences (APDN) has strengthened its collaboration with Eurofins BLC Leather Technology Center to support the commercial implementation of its SigNature T-based leather traceability system.

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Delta Galil sees bright outlook on strong Q3 sales

11/20/2018

Israeli apparel major Delta Galil Industries has raised its full-year outlook, following a strong third-quarter in which successful US launches for Costco and new kids businesses helped drive a 9% increase in sales.

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Rue21 names Appel CEO in another leadership shuffle

11/20/2018

Fast fashion retailer Rue21 has again reshuffled its leadership team in a move that sees the company's chairman, Michael Appel, named CEO as Van Brunt departs after just five months.

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Asos harnesses machine learning to tackle fit

11/20/2018

UK-based online fashion retailer Asos has launched a new Fit Assistant tool which uses machine learning to provide sizing recommendations for customers based on previous purchases and returns.

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UK manufacturing - a ticking time bomb or sourcing gold?

07/27/2018

Reports of poor working conditions, low wages, modern slavery and human trafficking in the global garment industry are usually focused on factories in Asia. But it's happening closer to home as well. As more UK retailers look to reshore some of their sourcing, the local industry has come under intense scrutiny - and the findings are not good. Here executives from across the sector tell just-sty...

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Adidas, M&S lead human rights benchmark, despite "concerning" overall picture

11/19/2018

While most companies scored poorly on a new human rights benchmark, German sporting goods Adidas and UK retailer Marks and Spencer have once again topped the list. 

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Fashion-Enter buys Gloria Fashions in UK production boost

11/19/2018

Two leading British fashion manufacturers are teaming up to offer more on-shore production, with social enterprise Fashion-Enter taking over British tailoring firm Gloria Fashions.

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Workshop to tackle child and forced labour in cotton industry

11/19/2018

Stakeholders from across the cotton industry will tomorrow (20 November) convene in Brussels to discuss ways to tackle the issue of child and forced labour in cotton production.

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India cotton irrigation programme showing results

11/19/2018

A cotton programme in India that enables the use of micro-irrigation technology via a community funding mechanism has been found to save farmers significant labour, money and water, a new report has found.

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WTO members adopt roadmap to reduce trade barriers

11/19/2018

World Trade Organization (WTO) members have adopted a new roadmap for reducing technical barriers to trade, having agreed on almost 30 recommendations they say will improve the way members deal with standards, regulations and trade.

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JCrew CEO James Brett in sudden departure

11/19/2018

J Crew Group has announced the sudden departure of CEO, James Brett, after less than 18 months in the post - a move described by one analyst as "worrying" as it leaves the US fashion retailer leaderless at a time when it desperately needs a focused effort to rebuild sales and reconnect with consumers.

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