UK fast fashion e-tailer ASOS announced a detailed timetable for publishing a list of its 490 apparel manufacturers in its statutory Modern Slavery Act filing.
Li&Fung will be dropped from Hong Kong’s Han Seng index of leading quoted businesses from March 6, the index compilers announced on February 12.
Taiwan’s Makalot announced on February 9 a double-edged policy on the US in its 2017 “$5 bn – $10 bn” worldwide investment plans.
German retailer KiK paid $5.15 mn in compensation to dependants of workers killed or injured in the 2012 factory fire at Ali Enterprises in Karachi.
A wave of resentment at Donald Trump has led to a range of anti-American actions in Mexico, from boycotting Starbucks and encouraging the use of Mexican ingredients to discouraging cross-border shopping truips to US border towns.
Taiwan’s Eclat Textile, the country’s largest apparel manufacturer, announced on December 8 it was closing its last Chinese production plant.
Israel’s Bagir announced their Ethiopian plant’s first completed foreign order, a trouser programme for US H&M stores.
While American voters were confounding practically all observers on November 8, on the other side of the Atlantic Britain’s Marks & Spencer unveiled a strategy that may be designed for a post-Brexit, post-Trump world.
Between June and September 2016, something hit UK clothing stores that I don’t think’s ever happened in the history of selling clothes, anywhere, ever before.
The internet’s share fell, consistently.
Britain’s Office for National Statistics (ONS) had earlier reported that the internet accounted for 13.3% of all clothing stores’ national sales in the previous quarter (April-June).
The partial destruction by rioters last week of the Saygin Dima mill in Ethiopia perfectly illustrates the short-term superficiality of too many ‘visionary’ sourcing strategies.
China’s Jiangsu Sunshine announced during early April a $350 mn investment in a new plant in Ethiopia’s Adama industrial park.
Has Primark identified the direction apparel retailers should be looking – or are US commentators right to claim the business is fundamentally flawed?
Texhong has “a competitive edge in its supply chain in China, with ample room for market and technical revamps” said its chairman, Hong Tianzhu, on August 10.