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Has the apparel sourcing bubble burst?

2020-07-08 14:40:00| Daily apparel & textile news and comment - from just-style.com

For Ranjan Mahtani, chairman and CEO at Epic Group, one of the world's largest clothing manufacturers, the global Covid-19 pandemic is the final straw. He believes the time has finally come for brands, retailers and their suppliers to take stock, re-evaluate current practices - and redefine their roles for the future.

Tags: apparel bubble burst sourcing

 

US Q2 in brief - G-III Apparel Group, American Eagle Outfitters, Tilly's

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. Despite many retailers swinging to a loss in the period - including G-III Apparel Group and American Eagle Outfitters -  online demand across its brands helped lift comparable sales at specialty clothing retailer Gap Inc, and casual clothing retailer Abercrombie & Fitch bounced back to profit.

Tags: group american apparel eagle

 
 

US Q2 in brief - Zumiez, G-III Apparel Group, American Eagle Outfitters

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. Despite many retailers swinging to a loss in the period - including G-III Apparel Group and American Eagle Outfitters -  online demand across its brands helped lift comparable sales at specialty clothing retailer Gap Inc, and casual clothing retailer Abercrombie & Fitch bounced back to profit.

Tags: group american apparel eagle

 

Vietnam Apparel Exports in 1st Quarter 2020 (Quarterly Report)

2020-07-07 19:12:58| EmergingTextiles.com

Apparel exports from Vietnam have plunged in the second quarter of the year, as a result of the current pandemic, after resisting in the first quarter. However, Vietnamese exporters have conquered decisive shares of the global market in the meantime. Over the long term, the now passed duty-free agreement with the European Union should boost textile and apparel capacities. Our statistical series provide a comprehensive statistical view of Vietnam's clothing exports per destination in the 1st quarter 2016-2020, including volume, value, and unit value changes. Data also include US and EU clothing imports from Vietnam per product category. All data are available for download.

Tags: report 1st apparel quarter

 

U.S. Apparel Imports: May 2020 (Monthly Report)

2020-07-06 20:09:45| EmergingTextiles.com

US apparel imports have collapsed in May, as a result of the lockdown imposed by many countries and by a series of US states. Vietnam has become the largest supplier in value terms over the January-May period, whereas Bangladesh has also benefited from China's setback. Our report covers US apparel imports on a monthly basis, comparing shipments from most origins in the last month and the year-to-date. Import data are available in volume, value, and unit value terms. Historical trends are analyzed over the 2000-2020 period, including cotton vs. man-made fiber apparel, and China vs. Vietnam and the Rest of the World (RoW).

Tags: report monthly apparel imports

 

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