Gap Inc has reaffirmed its full-year guidance on the back of higher first-quarter profits and revenue, but one analyst warns while the US speciality clothing retailer is in a better position than it was a year ago, management talks a better game than it is actually playing.
Top stories this week on just-style include a look at how companies under pressure to get products to market faster must jettison traditional sourcing models in favour of more agile methods of production, why Marks & Spencer is "perilously close" to losing its status as the UK's number one clothing retailer to Primark, Target taps Bill Foudy as its new sourcing chief, and how purchasing practices impact apparel supply chains.
The Scandinavian Outdoor Group (SOG) has become the first organisation in Europe to sign the European Outdoor Group (EOG) Sustainability Charter, and announced its 64 Scandinavian outdoor member brands are to sign the Charter individually as well.
US Customs and Border Protection (CBP) has issued a withhold release order banning imports of all cotton and cotton products from Turkmenistan, in a move that means retailers and brands will need to move quickly to identify and eliminate Turkmen cotton from their supply chains.
US-based fibre producer Invista says it is entering the final design phase of a US$250m project at its Victoria, Texas, site which will see an upgrade of its manufacturing technology and increase production of adiponitrile (ADN), a key ingredient for nylon 6,6 fibres and plastics.
UK value footwear retailer Shoe Zone has hailed the development of its multi-channel offering and the roll out of its Big Box store format amid an increase in both profits and revenues for the first six months of the year.
US jeans brand Wrangler has joined more than 540 companies from across the global supply chain who have signed up to the Cotton Leads programme, which supports responsible production practices by cotton growers in the US and Australia.