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UK forced labour probe reaches out to apparel retailers

2020-10-20 14:22:00| Daily apparel & textile news and comment - from just-style.com

Major apparel companies including H&M, Marks & Spencer, Adidas, Nike and Gap have been contacted by UK politicians to give evidence at an inquiry exploring the forced labour of Uyghur Muslims in the Xinjiang region of China.

Tags: apparel forced probe labour

 

US apparel retailer bankruptcies among top in 2020

2020-10-19 14:12:00| Daily apparel & textile news and comment - from just-style.com

Apparel and footwear companies are amongst the three retail industries to have suffered the most this year through bankruptcies as a result of the pandemic, new figures show, with the outlook remaining bleak.

Tags: top apparel retailer bankruptcies

 
 

Buyers failed to pay for US$16bn in spring apparel orders

2020-10-15 14:44:00| Daily apparel & textile news and comment - from just-style.com

An analysis of trade data on apparel imports into the US and EU appears to show that buyers cancelled orders worth at least US$16.2bn between April and June this year.

Tags: pay orders spring apparel

 

Minimum Wages in Apparel Manufacturing Countries: Oct. 2020 Update (Statistical Report)

2020-10-14 19:08:22| EmergingTextiles.com

The minimum wages are frozen in low-cost countries in Asia, reflecting the need for apparel exporters to protect their competitive advantage on a deeply disrupted global market. Minimum wages have even declined in most countries when converted in US$ terms, as reflected by our data series. Our report displays minimum wages in low-cost apparel manufacturing countries in Asia, from January 2015 to September 2020, in local currency and US$ terms. A 5-year comparison is available in local currency terms, 2015 US$ terms, and nominal US$ terms.

Tags: report oct update minimum

 

Serai CEO sets out vision to reshape international apparel trade

2020-10-13 18:46:00| Daily apparel & textile news and comment - from just-style.com

Banking giant HSBC is focusing on the apparel industry with a new digital business-to-business platform that enables retailers and brands, manufacturers and suppliers to build trusted relationships, exchange data, and tap into new technologies. Here, CEO Vivek Ramachandran discusses his ambitious vision for the interconnected global trade network.

Tags: international trade sets apparel

 

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