Here are the top stories on Just Style from October:
Honduras strengthens position as US nearsourcing partner as recession looms
Honduras is strengthening its position as an nearsourcing partner for the US apparel industry by generating the second highest receipts from sales of textiles and finished garments under free trade agreements to the US, just behind Mexico.
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Shein pilots fashion resale platform amid documentary controversy
Shein Exchange has been launched with the goal to meet community demand by providing a one-stop destination for customers to become active participants in circularity and promote the benefits of purchasing pre-owned clothing over new items.
M&S plans 67 store closures, focuses on ‘quality store rotation’
British fashion and food retailer, Marks and Spencer’s (M&S) group will be closing 67 of its lower productivity full line stores, as stated in its ‘M&S Reshaped’ presentation published last week.
Bangladesh beats Q1 garment export target
Bangladesh beat its ready-made-garment (RMG) export target for the first quarter of the current financial year, recording growth of nearly 14%.
Nike, Reebok among brands slammed over BPA claims
BPA, a well-studied hormone disrupting chemical, mimics estrogen and can disrupt the normal functioning of the body, including metabolism, growth and development, and reproduction.
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By GlobalDataAdidas subject of global action over supply chain workers’ rights
German sportswear giant adidas has become the subject of a week of civil action and protests globally over the company’s “refusal” to take responsibility for workers’ rights in its supply chain.
Caution for US-Nicaragua fashion sourcing as Biden takes action
US President Joe Biden has signed an executive order (EO) to target Nicaragua’s regime, which he says is in violation of human rights so apparel industry expert Dr Sheng Lu is advising US fashion companies sourcing from the region to watch the situation closely.
Fashion resale market grows as cost-conscious consumer emerges
As discretionary income becomes increasingly squeezed, consumers are turning to alternative, cheaper methods for purchasing clothes, including the resale market – and brands are embracing this trend to satisfy demand.
How to tackle the apparel supply chain’s biggest problems
In an exclusive roundtable hosted by Just Style’s editor Laura Husband, apparel industry experts Dr Sheng Lu and Bob Antoshak discussed the five biggest challenges facing the apparel supply chain at present and how to tackle them.
US apparel sector urges Meta, Shopee be added to counterfeit list
The American Apparel and Footwear Association (AAFA) has nominated social media company Meta and e-commerce company Shopee to be added to the US’ Notorious Market list due to the advertising of so-called counterfeit apparel goods.
Philippines apparel sector urged to prepare for US apparel import shrinkage
As multiple reports suggest the Philippines apparel sector will face factory closures and worker lay-offs, industry experts tell Just Style US apparel import demand will continue to wane in the coming months.
Sri Lanka apparel sector needs to adapt for cost of living crisis, US$8bn target
The Sri Lanka Apparel Sourcing Association told members at its annual general meeting Sri Lanka’s apparel sector will need to transform to tackle the cost of living crisis while staying on track to meet its US$8bn by 2025 export target.
Boohoo eyes US sales growth with first stateside warehouse
UK fast fashion retailer Boohoo has partnered with DHL Supply Chain to help grow its business in the US with a new stateside warehouse.
Nicaragua at risk of economic sanctions amid political, social crisis
The international apparel industry is concerned about Nicaragua’s political and human rights crisis and the serious risk the US might suspend its clothing and textile exporters’ privileged access to US markets.
Knock-on impact for apparel if UK deemed ‘unlawful’ in Xinjiang cotton hearing
UK authorities face a court hearing this week following claims from campaigners that the UK has failed to block Xinjiang cotton imports potentially made with forced labour and a lawyer in the case tells Just Style exclusively there could be knock-on impacts for the wider apparel sector.
Nike promotes importance of retail with Zalando strategic partnership
Sports brand NIKE, Inc. has named European fashion online retailer Zalando as its latest strategic partner, which highlights the ongoing importance of retail despite its overarching focus on direct to consumer.
India signs co-operation deal to “mainstream” textile sustainability
India’s Ministry of Textiles has signed a co-operation agreement for the purpose of “mainstreaming” sustainability and circularity in the country’s textile sector.
New Cotton Project celebrates H&M, Adidas large-scale circular fashion launches
The EU-funded New Cotton Project honours the recent launch of the so-called first large-scale circular garment ecosystem produced by Adidas and H&M Group with a new exhibit.
Asos to cut costs amid full-year loss
Online fashion retailer ASOS this morning (19 October) revealed a full-year loss and slowing sales as it outlined a raft of cost cutting measures.
ABG completes acquisition of Ted Baker
Authentic Brands Group (ABG) has completed its acquisition of British lifestyle brand Ted Baker.
