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Consumer Goods and Services
Accountancy giants face revamp amid criticism
2020-07-06 13:41:01| BBC News | Business | UK Edition
The UK's Big Four firms must ring-fence parts of their business after the collapse of firms such as Carillion.
Tags: face criticism giants amidCategory: Consumer Goods and Services
Growth in TV Panel quotes even higher than expected in July
2020-07-06 13:00:59| Digital TV News
According to TrendForce, after the 2Q20 period of sluggishness due to the COVID-19 pandemic, the TV panel market has seen demand rebound quickly, resulting in a higher-than-expected spike in TV panel quotes in July.
Category: Consumer Goods and Services
Covid-19 adds to pressure to move supply out of China
2020-07-06 13:00:00| Daily apparel & textile news and comment - from just-style.com
Around 33% of supply chain leaders have moved sourcing and manufacturing out of China, or plan to do so in the next two to three years, a new survey has found.
Category: Consumer Goods and Services
Lucky Brand files for Chapter 11 bankruptcy
2020-07-06 12:40:00| Daily apparel & textile news and comment - from just-style.com
Denim specialist Lucky Brand Dungarees, LLC has become the latest apparel firm to fall victim to the financial pressures of the coronavirus pandemic, having filed for Chapter 11 bankruptcy protection.
Category: Consumer Goods and Services
Boohoo "will terminate relationships" with factories breaching supplier code
2020-07-06 12:36:00| Daily apparel & textile news and comment - from just-style.com
UK online fast-fashion retailer Boohoo Group has insisted it works to ensure everyone in its supply chain is "properly remunerated, fairly treated and safe at work" and warns it will axe relationships with factories that breach its supplier code of conduct after media reports surfaced that one of its Leicester-based supplier factories is paying staff just GBP3.50 (US$4.38) an hour.
Tags: code relationships supplier terminateCategory: Consumer Goods and Services
Boohoo will "terminate" factories breaching supplier code
2020-07-06 12:36:00| Daily apparel & textile news and comment - from just-style.com
UK online fast-fashion retailer Boohoo Group has insisted it works to ensure everyone in its supply chain is "properly remunerated, fairly treated and safe at work" and warns it will axe relationships with factories that breach its supplier code of conduct after media reports surfaced that one of its Leicester-based supplier factories is paying staff just GBP3.50 (US$4.38) an hour.
Category: Consumer Goods and Services
Boohoo vows to investigate exploitation claims
2020-07-06 11:56:35| BBC News | Business | UK Edition
The retailer will investigate a UK supplier amid claims staff are underpaid and not socially distancing.
Tags: claims investigate exploitation vowsCategory: Consumer Goods and Services
Bestseller to accelerate consolidation of supply chain
2020-07-06 11:48:00| Daily apparel & textile news and comment - from just-style.com
Danish fashion retailer Bestseller has said it will release payments on all current orders to suppliers and implement early payments until October, but due to Covid-19 will have to cut the number of its suppliers as part of a consolidation of its supply chain.
Category: Consumer Goods and Services
Pret A Manger to shut 30 shops and 'cut 1,000 jobs'
2020-07-06 11:45:04| BBC News | Business | UK Edition
The coffee chain said the coronavirus downturn in trading meant it had to take a "difficult decision".
Tags: jobs cut shops shutCategory: Consumer Goods and Services
Top stories on just-style in June...
2020-07-06 11:32:00| Daily apparel & textile news and comment - from just-style.com
The impact of the Covid-19 pandemic on the global apparel industry and its supply chain continued to dominate coverage on just-style in June. We take a look at how the garment sector has suffered the biggest economic hit during the crisis, and why supply chain financing is vital to recovery. The list also includes interviews with Pallak Seth, founder and vice chairman of fashion supplier and sourcing powerhouse PDS Group, and Qiu Yafu, chairman of Chinese textile and clothing conglomerate Shandong Ruyi Technology Group.
Category: Consumer Goods and Services
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