40% rise in cotton prices.. Is Apparel industry prepared?
The World Bank warns the Ukraine war is set to cause the “largest commodity shock” since the 1970s with cotton prices expected to be nearly...
Tag : supplychain
Surat Textile Industry Facing Tough Times
The steep rise in costs of raw materials and the shortage of chemical agents, has forced processing houses to run fewer shifts. Weaving and processing...
Russia Ukraine War Affects Orders and Payments
War has never been easy for any industry and with tension surging between Russia and Ukraine it is expected to make a huge impact on...
Rising Supply Chain Issues Prompts Closer Sourcing
Labor shortages due to Covid outbreaks, higher freight costs and the uncertainty related to the reports of forced labour in China’s Xinjiang region is prompting...
SHORTAGE OF CONTAINERS AT EASTERN PORTS LEADS TO CRISIS FOR EXPORTERS
A Task Force has been constituted by the Ministry of Ports, Shipping and Waterways (MoPSW) under the chairmanship of Additional Secretary(PSW) to monitor evolving situation...
American Eagle Outfitters Acquires Another Logistics Company
American Eagle Outfitters announced the acquisition of Quiet Logistics, an operator of automated distribution centers near city centers, for $350 million. The mall-based apparel retailer...
Shipping containers scarcity & increased Freight Cost haunts exporters
After attaining crisis proportions earlier this year, shipping containers are again in short supply, which is increasing logistics costs for exporters and making businesses uncompetitive....
AMERICAN EAGLE ACQUIRES LOGISTICS COMPANY AIRTERRA
American Eagle Outfitters recently acquired logistics startup AirTerra, a startup cofounded by a former e-commerce logistics authority at Walmart and Nordstrom. AirTerra combines packages from...
BRACE FOR HIGHER PRICES OR EMPTY SHELVES IN XMAS EXPECTS RETAILERS
Rising prices of shipping containers is going to impact the prices of goods. Retailers have also warned of further disruption and delays for goods this...
A NEW TECHNOLOGY PLATFORM TO BE ADOPTED BY FASHION WIGS
The UK Fashion and Textile Association (UKFT) is working with technology companies IBM, Tech Data, and the Future Fashion Factory to design, prototype and pilot...