Retail Earnings Dropped.

The second quarter results have been poor, with Wal-Mart, Nordstrom Inc., and Macy’s all are forced to slash their annual revenue projections.

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US Seek to Buy Philippines Garments

As the international economy is recovering  slowly from recession, the American economy follows suit, the US has stepped up & move forward to buy garments from that Philippines again. 

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Consumer Products & Retail Insights : AT Kearney Study Report

In the past few years, however, the industry has been thrown two lifelines: the price hit will last more than a year, and 60 percent say they should increase

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China is Next Sourcing Destination: Li & Fung

China is the key country for any company whether an importer, or a retailer.  Sourcing giant is seriously working on lessen China's mounting labor costs by moving to other parts of the country. 

[..Complete story on textile news @sourcingjournal...]

Apparel industry needs Transformation

The regulations in the textile industry sometimes create obstacles to gain profit, rather than mobilizing it. Both the small and large nations are adopting more rigorous standards to have a competitive edge in the industry.

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Major Apparel Retailer are In Search of Manufacturers in Bangladesh

Major apparel giants get their goods manufactured in developing nations mainly from Bangladesh. However, many of these retailers are clueless about factories that manufacture their goods. This is due to the sub-contracting practices that are prevalent in that country from past few years.

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Textile Industry Interesting Facts from WTR

For past 3 decades, international trade has grown with a remarkable pace, as per the 2013 World Trade Report. 

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Retailers Enrich Consumer Experience With QR Codes

Retailers enrich consumer experience with QR codes.  The funky black and white squares posted in store windows may look like optical illusions to few people. 

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Textile Workers Strike in Turkey

There are as many as 12,000 textile workers in Turkey came together and mobilized in severe protest over inadequate wages & came into the streets with angry slogans. The strike is organized by several textile unions Teksif, Oz Iplik-Is and Teksil.  ...Read Complete Story @sourcingjournalonline....

Winning China's Apparel Market

China, Vietnam, India, Bangladesh, Mexico, Pakistan, Honduras, and Cambodia had impact upto 75 to 80 percent of imported to United States.

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Metric System to be Change in UAE Textile Sector

The United Arab Emirates is about to change its metric system for its textile sector from next year. Emirates Authority of Standardization and Metrology (ESMA) developed the new regulations to convert units of measurement of metric system instead of yards. 

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Bangladesh Workers Still At Risk

Even after the inspections of Bangladesh factories in the wake of the Rana Plaza collapse, nearly three million workers are at risk. The $20 billion dollar garment industry of Bangladesh is facing criticisms from the global textile industry.

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