"Work It Out",  say G20 Finance Ministers
Tense times for international trade.  G20 Finance Ministers encourage nations to bury the hatchet.What:  G20 Finance Ministers and Central Bank Governors MeetingWhen:  June 8-9, 2019 in Fukuoka, JapanTop Concern:  The “intensifying” global trade and geopolitical tensions.  US-China rift is particularly worrisome. (G20 communique / IMF summary)“The principal threat stems from continuing trade tensions.  The first priority should be to resolve the cu...
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Dressbarn Leaves Market Opportunities for Others
Ascena Group, Inc (USA), which includes Dressbarn amongst its brand portfolio, has announced it will close the entire 605-store chain.   Ascena has accumulated $1 billion in debt and to reduce that burden, it sold off Maurices.  Now it had hoped to sell Dressbarn.  No one showed up to buy it.Analysts agree that Dressbarn has been a victim of lackluster brand image, being part of a group that overall is struggling, and an overall weakness in the apparel sector.Parent company A...
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17 Top Developments from Performance Days
Performance Days is always a hub for technical innovation. Here's the best of what we saw.
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A Brand That's Built to Outlast Its Celebrity Status
Many brands are touted as the next big thing.   Canada Goose is one brand that’s literally built to outlast its current celebrity status. Brand PositionCreated its own niche between sport Patagonia and the luxury glam of Moncler. Not just a status brand - Canada Goose delivers on performance.  Started out as protective gear for extreme cold weather conditions (polar expeditions - can protect wearers in temperatures to -30 C (according to the company)  Financia...
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New Technology Uses Nanoparticles To Mark Fiber’s True Indentity
There’s now one more way to trace the origins of the fiber used in apparel and other products.FibreTrace, developed by Fibremark Solutions Limited (UK) uses a US patented process that employs marked fibre materials that are incorporated into fabric or yarn, usually during the yarn spinning stage.A yarn or thread with trace slivers that contain luminescent nanoparticle photon micro encapsulated markers is used as a 'marker'.  This yarn is woven or knitted into the finished garm...
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New Digital Printing Solution for Polyester Apparel
Now activewear can enjoy the customisation that used to be possible only on cotton Tshirts, polos, and cotton garments. Using Kornit’s NeoPoly technology, it is now possible to do industrial polyester printing, without dealing with dye migration. The new solution means that activewear and athleisure garments can now take advantage of the flexibility and design opportunities that digital printing offers. The Kornit Avalanche Poly Pro is the first machine equipped with the new...
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Amazon vs Everyone Else
The battle has now moved to a new front:  Wages.Amazon has given retailers one more reason for angst.In a letter to shareholders on April 11, CEO Jeff Bezos taunted "Today I challenge our top retail competitors (you know who you are!) to match our employee benefits and our $15 minimum wage.”KEY POINTS Most of Amazon’s workers are in distribution centres where pay tends to be higher due to the physical nature of the job.  (Charles Allen, Bloomberg Intelligence Analyst) ...
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Seeking New Suppliers in New Locations
It wasn’t too long ago that buyers were focused on reducing the number of countries where they sourced, and also consolidating the number of vendors they worked with in each country.A year ago, everything changed.Growing geopolitical uncertainty caused buyers to rethink their strategy.  The new plan:  diversify.  The US-China trade war (for the record, apparel has not had to suffer "Trump Tariffs"), was a wake up call about how fast even what appears to be a t...
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I Spy: The Fine Line Between Insights and Intrusion
Artificial Intelligence (AI) is one of the most talked about new technologies. Retailers and brands see AI (and other methods of tracking consumer behaviour) as a big breakthrough in determining what to sell.  Consumers see it as a growing invasion of privacy.  The heightened publicity surrounding privacy breaches is adding fuel to the fire.Consumers no longer trust social media platforms, as well as a growing number of other tech service providers.  That should be ...
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Integrating Analytics Across the Workflow
The latest version of Gerber’s (USA) YuniquePLM is part of an aggressive software release schedule Gerber has planned for 2019. Version 8 focuses on functionality, usability, and configuration and includes a new and improved user interface. The build allows users to quickly analyse data and more easily integrate it across their supply chains.  This is helping to speed up workflows, according to the company. Capitalising on its Cloud platform Version 8 is one of seven release...
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