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
China's textile industry is a world beater, accounting for over 60 percent of world chemical and synthetic fiber production. Cotton production is lower, but still large, at over 20 percent of the global total, ranking only behind India in 2016. The trend, however, is downwards as China is caught between rising domestic costs, persistent technical and distribution advantages elsewhere.
The night President and Mrs. Trump had dinner at Mar-a-Lago with the Prime Minister Shinzo Abe of Japan and his wife, Akie Abe - after a nice round of golf and a garden tour, before North Korea necessitated an impromptu news conference - Alexander Wang dragged his audience up to the crumbling abandoned RKO Hamilton Theater on 146th Street in Harlem and jammed everyone into a standing-room-only area that once housed orchestra seats and now framed a raised runway.
Auditing firms need to be held legally liable for incidents of worker abuse or health and safety failings that they fail to uncover, a human rights NGO has said.
What to say? As corporate chieftains prepare for a round of no doubt excruciatingly painful fourth-quarter conference calls with Wall Street, they find themselves on unusually uncertain ground.
U.K.-based luxury clothing and shirt retailer Thomas Pink launched an Internet of Things pilot at its Wall Street store in New York City this month that features ultrahigh-frequency (UHF) RFID technology to track the movement of merchandise in real time throughout the business, and RetailNext camera-based technology.
As the vegan lifestyle merges into the mainstream, fashion designers who appeal to that market strive to grow their business to the next level with venture capital and an organized supply chain. At a panel hosted by PETA in Los Angeles, designers from Vaute Couture, Delikate Rayne, Nicora Shoes and Susi Studio shared their strategies for sticking to their ethos of eschewing animal-based products while tapping into conventional business practices adopted by the apparel industry.