Apparel

Can retailer prudence derail the inventory restocking thesis?

This is an excerpt from Thursday’s (2/11) Point of Sale retail supply chain newsletter sponsored by ArcBest.

The retail inventory restocking thesis has been touted by nearly every industry analyst (us included) as a promising growth driver for freight given the continued strength in consumer demand (thank you, stimmy) and historically low inventory-to-sales ratios. While this holds true for the majority of segments, especially the pandemic favs (furniture, home improvement, electronics),...

https://s29755.pcdn.co/news/can-retailer-prudence-derail-the-inventory-restocking-thesis

Trump Admin sending crystal-clear message: “Know your supply chains”

This is an excerpt from Thursday’s Point of Sale retail supply chain newsletter.

The western Chinese region of Xinjiang is a major source of coal, chemicals, sugar, tomatoes and polysilicon, but the area is most notably the country’s primary producer of cotton. In fact, 85% of China’s cotton can be traced to the region and China accounts for ~20% of the world’s cotton production. 

After months of increasing restrictions, the Trump Administration announced a blanket import ban on all cotton and...

https://www.freightwaves.com/news/trump-admin-sending-crystal-clear-message-know-your-supply-chains

Bangladeshi apparel makers demand withdrawal of congestion surcharges

Shippers around the world are fed up with carrier costs – the latest group to complain to their government is in Bangladesh.
Garment makers have demanded government take immediate steps to withdraw the emergency cost recovery surcharge (ECRS) carriers have slapped on because of congestion at ports.
In a letter to the shipping ministry, Chittagong Port Authority and Bangladesh Shipping Agents Association (BSAA), the manufacturers say the apparel sector and other industries …

The post Bangladeshi...

https://theloadstar.com/bangladeshi-apparel-makers-demand-withdrawal-of-congestion-surcharges/

Fashion industry says cancellations will endure in Q3, and beyond

Fashion is set to have a slow re-start post-Covid, with a recent survey showing 40% of executives think they will continue to cancel or postpone orders until the fourth quarter, reports SupplyChainDive. All the respondents had cancelled some orders. Aside from Covid, US protectionist trade policies came top of the list of concerns for the third consecutive year, with just under one-third saying they now sourced more from Vietnam than …

The post Fashion industry says cancellations will endure in...

https://theloadstar.com/fashion-industry-says-cancellations-will-endure-in-q3-and-beyond/

Still no sign of relief for Bangladesh apparel industry as more factories close

Apparel factories in Bangladesh are still running at half-capacity after orders dried up, and bosses remain pessimistic about the likelihood of new orders any time soon.
Amid the impact of the Covid-19 pandemic, factories which laid-off part of their operations are struggling to make a full comeback, leaving hundreds of workers jobless.
And this week several more factories terminated hundreds of workers, as they are not receiving enough orders from western buyers.
President …

The post Still no...

https://theloadstar.com/still-no-sign-of-relief-for-bangladesh-apparel-industry-as-more-factories-close/

Imported apparel and its impact in NY

From attire to accessories, the right combination of textile, color, and pattern allows us to express our personalities, ambitions, and, most importantly, our sense of style. In New York City, the largest retail market in the country, the desire to shop is fueling a growing apparel market, accounting for more than $15 billion in annual sales.

While going to a favorite store to search for a particular item may be easy to do, it is the result of a long, concentrated process—and the Port of New...

https://container-news.com/imported-apparel-impact-ny/

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