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WEBLectra invests in Six Atomic to accelerate AI fashion design plans. Lectra has announced a strategic partnership with Singapore-based AI company Six Atomic to leverage artificial intelligence (AI) in transforming product design and development in the fashion industry. More themes. Artificial Intelligence. Cloud.
Four ways Nike is shaking up the supply chain game - Just Style
WEBFeb 1, 2022 · So we took decisive action and began building a digital-first supply chain to power Nike’s more direct, faster and precise service of consumers, all while prioritizing sustainability.”. Here are four things to know about how Nike is changing the supply chain game.New Regional Service Centres Increase Capacity, Speed and Precision More ...
Explainer: Walmart's JD.com exit and what it means for apparel
WEBAug 23, 2024 · A Walmart spokesperson tells Just Style its intention is to get rid of its stake in JD.com, emphasising the decision aligns with the company’s strategy to focus on ventures that present the best opportunities for success.. A Forbes article claims Walmart selling its entire 9.4% stake in JD.com could generate up to $3.74bn for the US-headquartered retailer.
Shein hires ex-EU commissioner ahead of potential IPO - Just Style
WEBAug 14, 2024 · Credit: Shutterstock. Shein has hired formed EU budget commissioner Günther Oettinger as a consultant amid increased scrutiny of supply chains and pending sustainability legislation. The news comes shortly after Shein reportedly filed papers for a London IPO in June. German lawyer and politician Oettinger served as European Commissioner for ...
Primark unveils Jeans Redesign collection - Just Style
WEBNov 2, 2021 · The Jeans Redesign collection includes denim jeans for men and women, as well as an adult denim jacket. With prices ranging from GBP12-GBP21 (US$), the collection is available in store now in 161 stores across all 14 countries Primark operates in. Primark announced plans in July to join the Ellen MacArthur Foundation’s Network as a partner ...
The ten apparel sourcing countries to watch in 2022 - Just Style
WEBDec 17, 2021 · However, the challenges of the pandemic and civil conflict risk the country becoming less appealing to apparel suppliers in 2022 and beyond. The full apparel sourcing countries list for 2022 based on GlobalData’s sourcing scorecard data (listed from highest score to lowest) Vietnam: 59. Turkey: 58. Peru: 55.5.
How to build a balanced apparel sourcing strategy - Just Style
WEBSep 10, 2018 · Here, industry consultant Malcolm Newbery offers advice on how to achieve a balanced sourcing strategy. A balanced scorecard approach is key to helping supply chain managers make the best decisions around where in the world their garments are made, based on at least 10 factors ranging from cost to speed to market.
Three textile firms added to US Entity List update in Xinjiang …
WEBSep 28, 2023 · The Forced Labor Enforcement Task Force (FLETF), chaired by US Department of Homeland Security (DHS) has added Xinjiang Zhongtai Group Co. Ltd., Xinjiang Tianshan Wool Textile Co. Ltd., and Xinjiang Tianmian Foundation Textile Co to the UFLPA Entity List meaning their goods will be restricted from entering the United States as a result of the companies’ “participation in business practices ...
NRF bullish on US retail resilience despite projected slowdown
WEBApr 4, 2024 · The National Retail Federation (NRF)'s chief economist Jack Kleinhenz believes the US economy will remain steady this year despite a slowdown in both gross domestic product (GDP) and retail sales growth. Isatou Ndure April 4, 2024. While overall economic growth is expected to be modest, consumer spending is anticipated to hold up amid a gradual ...
Goodwill unveils circularity pilot results at sustainability summit
WEBAug 20, 2024 · At the two-day Sustainability Summit, held between 15-16 August Goodwill explained how its $1.28m circularity initiative, funded by the Walmart Foundation, aimed to develop skills, systems, and infrastructure for aggregating, sorting, and preparing textiles for reuse and recycling across the Goodwill network. The pilot project launched in the summer of 2022 in partnership with Accelerating ...