Archive | Buyers and suppliers

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  • ASOS joins new wave of retailers publishing supplier lists

    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 dropped from stock index of Hong Kong’s leading firms

    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.

  • Makalot policy on US policy split in $5bn-$10 bn 2017 capital investment programme

    Taiwan’s Makalot announced on February 9 a double-edged policy on the US in its 2017 “$5 bn – $10 bn” worldwide investment plans.

  • KiK pays compensation for 2012 Karachi fire

    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.

  • Wave of Mexican protectionism hits US retailers north and south of Border

    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.

  • Bagir acquires all shares in Ethiopian venture

    Israel’s Bagir announced the buy-out of a local partner’s 50% share in its Nazareth, Ethiopia, manufacturing plant for $1.8 mn.

  • Taiwan’s Eclat reviewing setting US plant – as it closes China production

    Taiwan’s  Eclat Textile, the country’s largest apparel manufacturer, announced on December 8 it  was closing its last Chinese production plant.

  • Bagir announces completion of its first Ethiopian contract

    Israel’s Bagir announced their Ethiopian plant’s first completed foreign order, a trouser programme for US H&M stores.

  • VF claim to have cut carbon emissions over twice as fast as planned

    Between 2011 and 2015, emissions cut 12%, against a 5% target, while  “the company added roughly 500 sites (40% growth) to its global operations”., VF claimed in a November 15 press release.

  • Post Trump and Brexit: there’s more than one way to skin the international retailing cat

    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.

  • Has Peak Internet hit Britain’s clothing stores?

    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).

  • Ethiopia violence undermines ‘visionary’ sourcing strategies

    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.

  • Jiangsu Sunshine announces Ethiopian investment

    China’s Jiangsu Sunshine announced during early April a $350 mn investment in a new plant in Ethiopia’s Adama industrial park.

  • Is Primark pioneering a new wave of retail efficiency?

    Has Primark identified the direction apparel retailers should be looking – or are US commentators right to claim the business is fundamentally flawed?

  • Texhong still keen on domestic expansion

    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.