Walmart, Nike, Target, JC Penney, Levi's and fellow members of the Sustainable Apparel Coalition have unveiled the group's index for measuring the environmental impact of apparel products across the supply chain.
Fair Factories Clearinghouse, a non-profit organization that helps major brands and manufacturers collaborate to ensure cost-effective, well-informed business transactions and improved workplaces worldwide, has enhanced its software and collaboration platform that support a new approach for manufacturing audits.
In 2010, China dominated European and U.S. markets for ready-made garments, accounting for about 40 percent of the import volume in each region. A recent McKinsey survey, however, found that 86 percent of the chief purchasing officers in leading apparel companies in Europe and the United States planned to decrease levels of sourcing in China over the next five years because of declining profit margins and capacity constraints.
When Amazon announced its $775m cash deal to buy Kiva, a robot automation fulfillment center player, it put many of its existing retail clients in a bind. This includes current Kiva clients - Walgreens and Saks, among others - plus other recent (and possibly current) customers, such as Gap, Crate & Barrel, Staples, Dillard's, Toys 'R' Us and Office Depot.
Analyst Insight: Over the last three years the retail industry has seen a great many changes, helping to streamline retail supply chains and create more cost savings for retailers. This efficiency-driven approach was in large part a response to the "great recession," and it has sustained the industry through these challenging times, putting them in a greater position for success as we look ahead to the future. So where do we go from here? - Casey Chroust, executive vice president, Retail Industry Leaders Association
With $12bn in brand revenue, Ralph Lauren was facing the challenge of coping with rapid growth, both at the wholesale and retail levels. Complicating matters were the apparel leader's broadly diverse customer base, geographic coverage and product array.