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US clothing retailers back new fake goods task force
2020-08-18 14:03:00| Daily apparel & textile news and comment - from just-style.com
The American Apparel and Footwear Association (AAFA) is one of several trade bodies to join a new task force aimed at cracking down further on the marketing and sale of counterfeit and stolen goods on the US market.
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Dropshipping: The hustlers making millions from goods they never handle
2020-08-16 01:01:36| BBC News | Business | UK Edition
Dropshippers buy cheap products from China and then pay internet celebrities to promote them.
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Primark to pay for all outstanding finished goods and fabric
2020-07-31 18:03:00| Daily apparel & textile news and comment - from just-style.com
Primark is to pay its suppliers in full for all outstanding finished goods and to utilise or pay for any finished fabric liabilities incurred before it closed all its stores in mid-March amid the Covid-19 pandemic.
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US trade deficit in goods up 9.7% in May
2020-07-08 14:35:00| Daily apparel & textile news and comment - from just-style.com
US trade deficit in goods and services was up 9.7% in May from a month earlier as trade volumes continued on their downward trajectory due to the Covid-19 pandemic which meant many businesses were operating on a limited capacity or ceased operations completely.
US Q2 in brief - Express Inc, Dick's Sporting Goods, The Children's Place
2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com
In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Both Nordstrom and The Children's Place swung to a net loss, while Urban Outfitters has reported a 43% drop in net income. Elsewhere, Foot Locker saw earnings tumble by a quarter on last year and Kohl's saw sales decline by 22.9%.
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