Cost controls helped H&M to limit a drop in quarterly pretax profit but the fashion chain said it was increasing investments this year as it tries to keep pace with its larger rival, Zara owner Inditex.
The return of manufacturing to the U.S. and Europe from Asia is happening - but not at the pace that proponents of reshoring might hope. And there are some unexpected complications that need to be addressed.
Adidas set a target last week for sales in North America to rise by almost half by 2020, predicting strong demand will continue for fashion sneakers after its retro Superstar was the top selling shoe in the U.S. market in 2016.
Workers demanding better conditions and benefits have destroyed the production line of a Chinese-owned factory making clothes for Swedish fashion retailer Hennes & Mauritz, in one of the most violent labor disputes in Myanmar in years.
VF Corporation, whose brands include The North Face, Timberland, Wrangler and Lee, released its first-ever Forest Derived Materials Policy, which sets purchasing guidelines and commits the company and its suppliers to using sustainable forest materials and products.
Adidas AG's new chief executive officer is doubling down on surging sales of casual sneaker lines like Stan Smith and Tubular to transform the German sportswear maker into a fast-fashion business and gain ground on larger rival Nike Inc.
Analyst Insight: Exclusive in-house brands or comprehensive private-label ranges are increasingly being used to execute a differentiation strategy. Exclusive differentiation is one of the key elements to creating an exciting and productive retail environment. It is vital to explore the importance of exclusive and private-label brands as a key differentiator in apparel retailing today. – Nancy Marino, Senior Vice President, Tompkins International
The latest supply-chain news, analysis, trends and tools for executives in the apparel industry — which consists of companies that manufacture clothing, accessories and footwear. Learn how apparel companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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