Fashion and apparel lead way in North America e-commerce sales

e-commerce fashion and apparel

It’s true that e-commerce growth is slowing amid inflation and reduced pandemic fears. But for the first time in history, U.S. retail e-commerce sales are projected to surpass $1 trillion in 2022, according to data from eMarketer. 

One industry in particular is leading the way. According to the inaugural e-commerce industry trend report from e-commerce platform BigCommerce (NASDAQ: BIGC), the fashion and apparel sector has been a North American e-commerce powerhouse so far in 2022.

BigCommerce...

https://www.freightwaves.com/news/fashion-and-apparel-lead-way-in-north-america-e-commerce-sales

Bangladesh fears ‘inadequate’ feeder services could result in a cotton crisis

Bangladeshi textile millers fear a massive shortage of cotton in the coming months, as shipping lines seem ‘unwilling’ to carry Chittagong-bound cargo owing to a shortage of feeder vessels.
“Mother vessels wait in transhipment ports, but feeder services are inadequate and fail to reach them in time,” said Mohammad Ali Khokon, president of the Bangladesh Textile Mills Association (BTMA).
With no deepsea port, Bangladeshi textile exports and imports are dependent on feeder …

The post Bangladesh...

https://theloadstar.com/bangladesh-fears-inadequate-feeder-services-could-result-in-a-cotton-crisis/

Retailers eye more air cargo as COVID lockdowns intensify in Vietnam

A Cargolux jumbo jet taxing at airport with Ho Chi Minh City apartments in background.

Big apparel and footwear merchants are increasingly trying to switch from ocean to air transport to make up for huge production slowdowns in Vietnam due to COVID and ensure seasonal imports arrive on time for holiday shoppers. Airfreight rates from the country are rapidly escalating because of the spike in demand for all-cargo charter capacity, according to logistics companies that manage freight movements.

The shift to cargo aircraft is underway as Vietnamese authorities, in response to rising...

https://www.freightwaves.com/news/retailers-eye-more-air-cargo-as-covid-lockdowns-intensify-in-vietnam

Nike deserves a curtain call and it’s just getting started

This is an excerpt from Monday’s (6/28) Point of Sale retail supply chain newsletter sponsored by ArcBest.

Executives across retail apparel are confidently stating their companies are emerging from the pandemic stronger and better positioned than they entered it, but I question how many actually believe it. During his video keynote address last Thursday at the NRF Retail Converge, Macy’s CEO Jeff Gennette said, “The headline is that Macy’s is a healthier business coming out of the pandemic than...

https://www.freightwaves.com/news/nike-deserves-a-curtain-call-and-its-just-getting-started

Ralph Lauren’s new made-to-order Polo service misses the mark

This is an excerpt from Monday’s (5/24) Point of Sale retail supply chain newsletter sponsored by ArcBest.

One of my five predictions for retail supply chains in 2021 was an increased use of on-demand, custom garment manufacturing. Not long ago this was seen as a luxury process only available to upscale customers willing to pay top dollar, but that’s changing thanks to new manufacturing technologies, changing customer preferences and sustainability expectations, and mounting reverse logistics...

https://www.freightwaves.com/news/ralph-laurens-new-made-to-order-polo-service-misses-the-mark

New lockdown and suspension of passenger flights hit Bangladesh exports

A capacity crunch, caused by the suspension of international passenger flights, has increased air freight rates out of Bangladesh by up to 30%, with a particular rise in Dhaka-US lanes.
As the Covid-19 situation worsened, Bangladesh’s government enforced a ‘hard-lockdown’ on 14 April and, since then, all regular passenger flights have been suspended.
About 65% of all air freight out of Bangladesh is carried on on passenger aircraft, according to Kabir Ahmed, president of the …

The post New...

https://theloadstar.com/new-lockdown-and-suspension-of-passenger-flights-hits-bangladesh-exports/

Factories must stay open, plead exporters, as Bangladesh goes into lockdown

The world’s clothing factory, Bangladesh, today announced an ‘all-closed’ week-long lockdown, starting on Monday.
It includes all factories, transport and shops, and will create uproar among the country’s export-oriented industry.
Only the emergency services will remain open, and the movement of people will be severely restricted in a bid to stop the spread of Covid-19.
During the past few weeks, the number of infections and deaths has risen sharply as restrictions were more relaxed …

The post Fa...

https://theloadstar.com/factories-must-stay-open-plead-exporters-as-bangladesh-goes-into-lockdown/

Western brands ‘squeezed between an irresistible force and an immovable object’

This is an excerpt from Thursday’s (4/1) Point of Sale retail supply chain newsletter sponsored by ArcBest.

This time last year, retailers such as H&M and Nike (NYSE: NKE) released statements distancing their cotton sourcing from China’s Xinjiang region. The issue is predicated on severe human rights violations that NGOs and Western democracies believe involve the forced encampment of more than 1 million Muslim Uyghurs — allegations (obviously) denied by China. 

Skip ahead to last Wednesday, when...

https://s29755.pcdn.co/news/western-brands-squeezed-between-an-irresistible-force-and-an-immovable-object

‘Serious angst’ among retailers from port congestion tying up inventories

This is an excerpt from Thursday’s (3/25) Point of Sale retail supply chain newsletter sponsored by ArcBest.

Add Nike (NYSE: NKE) to the growing list of retailers being severely hampered by port congestion and supply chain bottlenecks. The congestion at West Coast ports in particular strained Nike’s supply chain and negatively impacted revenue, which declined 11% yoy in the quarter ending Feb. 28. 

Nike CFO Matt Friend said during the company’s earnings call last week, “Disruption in the global...

https://www.freightwaves.com/news/serious-angst-among-retailers-from-port-congestion-tying-up-inventories

Why Nordstrom Rack is key to managing overbought inventory

This is an excerpt from Thursday’s (3/4) Point of Sale retail supply chain newsletter sponsored by ArcBest.

Ordering apparel inventory is hard. In normal times, retailers order inventory upwards of six months in advance, hoping what they ordered isn’t out of fashion by the time it hits the shelves. Although consumer preferences changed rapidly, at least overall demand was steady and predictable. 

COVID has and continues to rampage through the apparel industry, suppressing demand for pretty much...

https://s29755.pcdn.co/news/why-nordstrom-rack-is-key-to-managing-overbought-inventory

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