Sourcing – Apparel Resources

US fashion companies expanding sourcing base

Apparel Resources News-Desk — Wed, 31 Jul 2024 16:55:47 +0000

According to a global survey, fashion companies in the United States are expanding their sourcing base beyond China, Vietnam, and Bangladesh to offset the increasing geopolitical risks. However, the corporations are not necessarily withdrawing from Asia. According to the report titled 2024 Fashion Industry Benchmarking Study, although Asia continues to be the primary region for […]

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Blue Ruan Sourcing: Growing with a discerning clientele

Dheeraj Tagra — Fri, 26 Jul 2024 05:39:04 +0000

Established in 2021, Blue Ruan Sourcing is committed to offering a diverse range of products characterised by premium and artisan apparel. The company focuses on emerging apparel markets, including the UK, Europe, USA and India. By leveraging its significant presence in global manufacturing and sourcing hubs, Blue Ruan Sourcing can provide high-quality, fashion-forward garments that […]

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LVMH to increase supplier audits and controls, Says CFO

Apparel Resources News-Desk — Wed, 24 Jul 2024 06:42:27 +0000

LVMH intends to expedite its supply chain strategy and enhance audits and controls, Chief Financial Officer Jean-Jacques Guiony recently announced, following investigations into an Italian subsidiary of the French luxury giant. Italian prosecutors initiated an investigation into suppliers for LVMH’s second-largest fashion label, Dior, according to reports, after allegations of sweatshop-like conditions at subcontractors for […]

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Fabrito secures funding to enhance its B2B fabric sourcing platform

Apparel Resources News-Desk — Mon, 08 Jul 2024 09:49:58 +0000

Fabrito, a B2B fabric marketplace, has secured significant funding to enhance its fabric-sourcing platform. The funding has been led by Green Trunk Ventures, represented by Bikky Khosla and Sandro Stephen. Notable angel investors include Maninder Gulati (Global Chief Strategy Officer, OYO), Krishna Kalyan T D (COO, Laurus Bio), and Puja Jain (ex-McKinsey Partner). With this […]

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Buying Houses’ focus on product development to increase business and enhance value

Apparel Resources — Sat, 06 Jul 2024 05:38:30 +0000

As the competition in the industry intensifies, there is an increased focus on effective monitoring and management of product development in the RMG sector. Building a product development team requires substantial investment. However, it provides a new user experience, addresses needs, offers solutions to problems, broadens a company’s customer base and market share. Serving as […]

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IFC partners with Li & Fung, LFX to support SME growth and digitalisation in Asia’s supply chains

Apparel Resources News-Desk — Fri, 21 Jun 2024 06:51:19 +0000

With the aim of facilitating greater digitalization in supply-chain management and providing smaller businesses in Asia with more affordable supply-chain financing, IFC has launched a cooperation with Li & Fung, a top global supplier of supply-chain services to the garment and general merchandise industries. The supply-chain fintech business Air8, owned by Li & Fung and […]

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Expanding Baazar Retail (Baazar Kolkata &; Fashion City) plans to source more from Bangladesh

Dheeraj Tagra — Thu, 13 Jun 2024 10:30:34 +0000

Kolkata is home to many growing brands and retailers particularly those having niche focus on fashion apparel and catering to certain specific audiences. Brands like Dollar, Rupa, Amul and Lux are dedicated to categories like knitted undergarments and activewear, Vedant Fashions is focused on ethnicwear while a few are known for their expertise in value […]

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Leading brands and retailers will increase sourcing from Bangladesh

Dheeraj Tagra — Wed, 12 Jun 2024 10:06:00 +0000

Walmart, H&M, VF Corp., Primark, Otto Group, Carrefour, C&A, Li & Fung and Kmart – all these are top brands and retailers which have their strong sourcing base in Bangladesh and in recent months, top teams of these companies not only visited the country, but also met the senior Government officials and BGMEA leadership team. […]

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Levi Strauss & Co engages o9 Solutions to boost fabric supply efficiencies

Apparel Resources News-Desk — Tue, 11 Jun 2024 08:09:58 +0000

In order to expedite its fabric procurement procedures, Levi Strauss & Co. has disclosed that it is collaborating with o9 Solutions, an AI-powered supply chain planning tool. The global supply chain planning team of Levi Strauss & Co. (LS&Co) collaborated with vendor o9 Solutions to design a new enterprise planning system for fabric procurement. Additionally, […]

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Supply chain risk mitigation strategies

Dheeraj Sharma — Mon, 27 May 2024 10:06:46 +0000

Experts decode methods to master inventory management, generative AI, unified commerce and sustainable practices. By 2024, India’s apparel market is forecasted to skyrocket to an impressive US $ 105.50 billion, as per Statista. But here’s the kicker: Indian retailers are grappling with unsold inventory as they have started to write off unsold inventory due to […]

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‘Russia’s sourcing can grow multi-fold but duty issue needs to be resolved’ – Moyeen Ahmed, GM Bangladesh and India, Gloria Jeans

Dheeraj Tagra — Tue, 14 May 2024 05:56:23 +0000

With 700 stores in more than 300 cities, Gloria Jeans (GJ) is Russia’s largest vertically integrated fashion retailer offering apparel and accessories for adults and kids. It has design and production centres in the Asia-Pacific region and 25 per cent of its assortment is produced in its Russian factories. Bangladesh also contributes significantly to its […]

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Kappahl thrusts on future-proof delivery and logistics operations, investing in a new distribution centre

Apparel Resources News-Desk — Thu, 11 Apr 2024 10:12:28 +0000

With around 360 Kappahl and Newbie stores, Sweden-based Kappahl Group is focusing on future-proofing its delivery and logistics operations. The retailer is investing in a new distribution centre in the industrial area of Arendal on the outskirts of Gothenburg. The company informed that the new state-of-the-art facility is expected to be operational in the second […]

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India offers a ‘stress-free’ supply base: Nohar Nath, Executive Director, Kishco Group

Dheeraj Sharma — Thu, 04 Apr 2024 06:20:58 +0000

There’s a positive shift in how global brands perceive India, according to Nohar Nath, Executive Director at Kishco Group, a four-generation old business house with an extensive network of suppliers and buyers worldwide, dealing in diverse textile products. There has been an increasing buzz about India because of its economic growth, political stability and its […]

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US gains firsthand insights on domestic textile, apparel supply chain resilience

Apparel Resources News-Desk — Tue, 26 Mar 2024 12:30:17 +0000

As part of her broader objective to gather industry and public feedback to assist develop future supply chain resilience policies for the domestic textile and apparel sectors, United States Trade Representative (USTR) envoy Katherine Tai paid a visit to Glen Raven, a textile producer. Tai visited the Glen Raven yarn-spinning factory and the Sunbrella brand […]

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SHEIN reportedly plans to market sought-after supply-chain infrastructure

Apparel Resources News-Desk — Fri, 22 Mar 2024 12:57:33 +0000

SHEIN, the ultra-fast fashion titan, is reportedly considering marketing its supply chain infrastructure to international brands. According to The Wall Street Journal, which cited a letter from executive chairman Donald Tang to investors, SHEIN intends to open up its supply-chain technology and infrastructure to international businesses. SHEIN intends to work with international companies via “supply […]

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‘Sourcing teams can become the innovation hub’: Sanjiv Kumar, Technical Head, Triburg

Dheeraj Sharma — Wed, 06 Mar 2024 16:01:40 +0000

For 42 years, Triburg Consulting Pvt. Ltd., has been providing comprehensive sourcing services for apparel. With vendors situated in India, Bangladesh and Indonesia, its end-to-end solution encompasses design and sourcing services and is backed by a skilled team comprising designers, merchandisers, fabric specialists, tech experts, colourists, operations and quality assurance professionals. It currently collaborates with […]

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Fair price in Bangladesh from buyers: a hard-to-achieve goal

Apparel Resources — Wed, 06 Mar 2024 15:49:09 +0000

It is widely held in Bangladesh’s RMG industry that buyers are not paying a fair price, given the focus on high-value-added apparel, the nation’s reputation as a low-cost manufacturing destination and outside influences. Despite Bangladesh’s notable achievements over competitors in terms of product diversity, quality and compliance, business leaders in the garment and textile sectors […]

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FSI Fort Lauderdale Inc., will increase sourcing from Tirupur, add its own facility

Apparel Resources News-Desk — Wed, 06 Mar 2024 09:11:42 +0000

FSI Fort Lauderdale Inc., a US-based importer is geared up for multidirectional growth initiatives regarding its sourcing from India. The company, offering mainly women and girlswear, has its total sourcing base in Tirupur and only last year sourced garments worth US $ 43 million and expects to see an increase of 30 per cent in […]

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Fashion’s battle against the bullwhip effect

Dheeraj Sharma — Tue, 05 Mar 2024 07:11:01 +0000

The instability of the fashion supply chain in recent years will not be resolved in 2024, but will continue, as per McKinsey & Company’s latest report. Upstream apparel suppliers and manufacturers have experienced major disruption as changes in consumer demand have recently led to sharp declines in factory utilisation, large-scale layoffs and investment delays. As brands […]

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Navigating the Winds of Change: The Evolving Dynamics of Garment Materials’ Sourcing in Bangladesh

Apparel Resources — Sat, 24 Feb 2024 05:20:17 +0000

In the ever-evolving landscape of the global textile and apparel industry, Bangladesh has emerged as a key player, particularly in garment manufacturing. The country has been synonymous with affordable and mass-produced garments and its sourcing of materials has been largely centred around cost efficiency. But will it continue to be the key manufacturing destination in […]

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