Apparel Sourcing Intelligence - Worldwide

News

25th October 2018

Amazon Q3 retail sales “surprisingly weak”

Although Amazon announced third quarter sales 2017 were "up 29%" its retail sales were surprisingly weak - and its profits from retail outside North America may not have improved as...

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23rd October 2018

Confusion over Amazon’s share of US clothing market

Estimating how Amazon ranks in the US clothing market is tricky - and often leads to real overstatements. With their Q3 results about to be announced, it's worth looking at...

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22nd October 2018

Amazon Europe losses greater than Sears

The 2017 near-billion dollar losses that tipped Sears into its bankruptcy filing were about the same as Amazon’s losses on European retail alone. Sears lost $981mn in 2017.  Slightly less...

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18th October 2018

UK Q3 2018 physical store growth “fastest since 2014”

UK retail sales through physical stores in the 12 months to September 2018 grew at their fastest rate (7.2%)  since 2014, the country's Office for National Statistics announced on October...

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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...

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8th October 2018

UK Parliament demands social accountability records from ten leading clothing retailers

Mary Creagh, Chair of the UK Parliament's Environmental Audit Committee revealed on October 5 she had sent a social accountability questionnaire to the country's ten  leading clothing retailers , asking:. 1. Are all...

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28th June 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. 2017 itself saw a 30% fall in new projects...

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27th June 2018

Clothing return problems worsening, says major card owner

37% of UK clothing businesses say returns from online purchases have risen over the past two years, according to research carried out for card operator Barclaycard. 47% by value of...

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26th June 2018

Worker Rights Consortium documents vicious threats and beatings at Bangalore’s Shahi Export

A new report by the Workers' Rights' Consortium claimed on June 20 that Shahi Export in Bangalore, India, viciously attacked workers in April this year. Attacks included  physical beatings and...

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21st June 2018

Tesco and Walmart “ignore labour practices disclosure”

Tesco and Walmart "ignored calls for more information on their labour practices", said the FT on May 1. They are among over 40 large companies apparently failing to reply to a ...

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3rd June 2018

Growth renewed in spinning/weaving investment

The annual International Textile Manufacturers Federation (ITMF) machinery shipments report showed  faster growth in 2017. In several categories, the previous few years had seen a decline: China continued to be the...

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23rd May 2018

Bangladesh: Ramadan ends with none of the forecast chaos

Ramadan ended on June 14 with virtually none of the carnage predicted for the Bangladesh clothing industry at its beginning. In late May, local media reported that "labour unrest is...

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