The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
On Thursday, two of Nike’s suppliers in Vietnam — Chang Shin Vietnam Co. Ltd. and Pou Chen Corp. — halted manufacturing because of a worsening Covid-19 outbreak. The crisis could create lasting supply chain disruptions for the sportswear giant according to an S&P Global report based on Panjiva data. The report stated 49 percent of US seaborne Nike imports came from Vietnam in the second quarter of 2021. Footwear accounts for most of Nike’s shipments from Vietnam: 82 percent of shipments from the country included footwear in the 12 months before June 30, said the report.
Further Reading: The Risky Business of Emerging Manufacturing Hubs
The pandemic is not the only cause of disruption to global supply chains. From Myanmar to Ethiopia, civil unrest and political conflict are impacting suppliers used by brands like H&M and Benetton.
A year into chairing the world’s biggest fashion retailer, Marta Ortega is trying to shake up Zara owner Inditex’s fast-fashion image and draw in more aspirational shoppers.
Demand for leggings and sweats may have peaked, but the pandemic’s comfort-first aesthetic is hardly dead. It’s simply mutating into something else: a yet-to-be-named category that incorporates stretch and softness into a staggering number of fashion staples, from trousers to jumpsuits.
A year after making a splash in the shapewear market, Yitty is expanding its product offering to underrepresented gender identities and ramping up its customer engagement efforts.
In an uncertain economic environment, brands are turning to their customers for investment. BoF unpacks how companies can benefit from this approach typically favoured by start-ups.