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PDFLaura Ashley, the popular furniture and fashion retailer, has demanded an “immediate cost price reduction of 10%” from its suppliers, including on…
Laura Ashley Demands 10% Price Cut From Suppliers
March 26, 2013 by
news and information tailored for textile and soft goods executives
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NEW Report From Sourcing Journal and TradeCard Helps Brands and Retailers Implement Sourcing Strategies in the Americas.
The report explores opportunities and challenges that exist for retailers and brands seeking to diversify their sourcing portfolios and produce goods closer to home.
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Supply Chain Transparency, Vendor Compliance and Factory Safety: What You Need to Know
Brands and retailers have historically based their sourcing decisions on a combination of price, quality and on-time delivery. However, following the Tazreen tragedy, factory safety is now at the top of the list – as well as transparency on use of subcontractors, compliance with CPSIA and the California Transparency in Supply Chain Acts, and other regulations. How can companies take the necessary steps to ensure worker safety and comply with regulatory and social mandates?
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The Next Frontier of Sourcing: As China Looks West, Should Sourcing Executives Follow?
Sourcing in China is getting more expensive. Wages are rising in all provinces and relocating to the interior is difficult and costly. Manufacture of many goods is moving away from China, to an emerging basket of countries, with each offering unique advantages and disadvantages. They all share low wages and they all lack the sort of industry clustering that has made China such a comparatively obvious place to do business.
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