Apparel Sourcing Intelligence - Worldwide

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15th October 2018

US physical retail showing “fastest growth

US retail sales through physical stores in the twelve months to September showed their fastest growth (4.1%) since 2011, the US Department of Commerce announced on October 15.

The value of extra sales in the period ($145 mn) was over twice the value of the sales increase ($62 mn) in outlets other than stores: mostly online websites.  Physical stores now have 87% of non-automotive retail sales.

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15th October 2018

Sears files for bankruptcy

Once the world’s largest retailer, the company has lost $6bn – and 80% of its its staff – over the past five years

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14th October 2018

Amazon Europe losses “bigger than Sears”

Amazon Europe’s 2017 losses on retailing in Europe were greater than Sears’ average annual losses for the past five years.

Data exclusively revealed by Clothesource reveals disturbingly high European losses

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11th October 2018

US Postal Service ups e-commerce rates

The US Postal Service announced rate increases on October 11 that disproportionately increased the costs Amazon has to bear.

The announcement was made just months after self-styled experts at a US stockbroker insisted such a move was highly unlikely

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6th October 2018

The “more inclusive” American Apparel: different DNA, same jeans?

They say:”a celebration of diversity and inclusivity”.  But one jean only goes only up to a size 32,  though the average American woman is a 38 .

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4th October 2018

US/Mexico/Canada deal “may bar deals with China”

The proposed US-Mexico-Canada agreement (USMCA) may prevent signatories from starting trade talks with China, experts claimed

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4th October 2018

US retailer shares drop after Amazon minimum wage rise

But no retailer explains why Amazon’s increasing warehouse wages to local going rate is bad for real retailers

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1st October 2018

Responsible Sourcing Network launches Turkmenistan Cotton Pledge

Twelve brands and retailers have signed the Turkmenistan Cotton Pledge, launched today by the Responsible Souring Network. 

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2nd August 2018

B&Q slash “old” people’s discounts

UK home improvements chain B&Q announced the near-abolition of its discounts for older people from September 3

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14th July 2018

Ethiopia makes port access a priority in talks with Eritrea

Landlocked Ethiopia wants to make the re-opening of two roads connecting it to two of Eritrea’s Red Sea ports a priority in the two nations’ reconciliation process, said a government spokesperson on July 11

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9th July 2018

New foreign clothing and textiles investment collapses in Vietnam

Foreign textile-related investment in Vietnam has fallen this year to “several” new projects from the 129 projects worth $600 mn approved in 2016.

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9th July 2018

Philip Green: “life undone by abject greed”

A biography published today of Arcadia owner, Philip Green, describes his life as “ambition undone by abject greed”.

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