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Former Calik Employee Dies Following Altercation

1 day ago | sourcingjournal.com | Jasmin Malik Chua

A former Calik Holding worker died last week after he was involved in a violent altercation outside the company’s headquarters in the Turkish capital of Istanbul.
Bestseller Wants Higher Wages for Myanmar's Garment Workers. Activists Call Foul.

1 day ago | sourcingjournal.com | Jasmin Malik Chua

A garment workers’ union in Myanmar has called into question Bestseller’s support for increased minimum wages in the disaster-ravaged Southeast Asian nation, citing complaints of rights abuses, including those alleging wage theft, unfair dismissal and a refusal to pay for medical treatment for workplace injuries, that have emerged from the Danish retailer’s suppliers in recent months.
Former Printemps, Zimmermann Investor Borletti Group Buys Stake in True Religion

1 day ago | sourcingjournal.com | Luisa Zargani

Reflecting True Religion’s momentum, the denim, sportswear and accessories brand distinguished by its “Super T” stitch, has secured a minority investment from Borletti Group, which is set to help contribute to its growth. Washington, D.C.-based private equity Acon Investments and SB360 Capital Partners, a Schottenstein affiliate, took a majority stake in True Religion last January and they remain majority shareholders. Financial details were not disclosed.
Why South Carolina's Textile Manufacturers Want to Talk To Scott Bessent

2 days ago | sourcingjournal.com | Jasmin Malik Chua

South Carolina’s textile producers want to make it clear to Treasury Secretary Scott Bessent that they’re not involved with “jobs of the past,” as the Palmetto State native suggested in a press conference late last month, but rather a vital—and indeed, still thriving—part of the country’s national and economic security.
Fashion Investors Rally Behind De-escalation in U.S.-China Trade War

2 days ago | sourcingjournal.com | Evan Clark

Wall Street shot up after the U.S. and China agreed to bring the temperature down on their trade war—and the import-dependent fashion and retail crowd rode the stock roller coaster higher. After high-level weekend talks in Switzerland, the U.S. cut its tariffs on Chinese goods to 30 percent from 145 percent, while China went to 10 percent from 145 percent in return.
Steve Madden, Foot Locker and More Shoe Stocks Soar on Trump’s Tariff Deal With China

3 days ago | sourcingjournal.com | Stephen Garner

Crocs Inc., Steve Madden Ltd. and Wolverine Worldwide Inc. were among the footwear stocks seeing gains on Monday morning following the latest tariff move by U.S. President Donald J. Trump. This comes after an early morning joint statement from the United States and China, in which they announced a substantial reduction on tariff rates.
Can Small Sustainable Fashion Brands Survive Trump 2.0?

6 days ago | sourcingjournal.com | Jasmin Malik Chua

Mara Hoffman is glad she got out when she did. “I remember, the day after the election, being like, ‘Oh my God, thank you that I don’t have to sell a dress or a bikini today,’” the fashion designer said from her home in upstate New York, where she has been meditating on her next steps since the seismic closure of her eponymous brand nearly a year ago. Hoffman doesn’t regret the decision, which many bemoaned as the beginning of the end for independent, sustainable fashion.
Maersk Expects No Cost Impact From Port Fees

6 days ago | sourcingjournal.com | Glenn Taylor

U.S. port docking fees may have spooked the container shipping industry and the retail industry alike, among many others, before they were finalized in mid-April. But Maersk is brushing the concerns aide, assuring its customers it won’t see any direct impacts. “At this time, we do not see a direct cost from this initiative impacting Maersk or our customers,” said the ocean carrier in a customer advisory Thursday. “We do not anticipate changes to our U.S. port rotations due to the new fees.
Micro Shorts Gain Momentum This Summer

6 days ago | sourcingjournal.com | Angela Velasquez

Fashion’s pendulum swings again. A recent report from Trendalytics reports that micro shorts—in an array of denim, leather, embellished and printed styles—saw a 68 percent increase in average weekly searches during the weeks of Coachella last month. From boho to brat to western, micro shorts align with the season’s biggest trends. They were also sported on stage by the festival’s biggest acts including Tyla, who wore a pair of micro jean shorts trimmed with beaded fringe.
Tariffs Tank China's US Exports, but Southeast Asia and India Cash In

6 days ago | sourcingjournal.com | Glenn Taylor

China’s exports are bifurcating heavily in the wake of U.S.-levied tariffs that escalated to 145 percent since the start of April. Shipments of Chinese goods to the U.S. dropped 21 percent throughout the month to $33 billion, according to monthly official customs data from China.