Product Sourcing

How Saks is Optimizing the Wholesale Buying Process
June 1, 2023 at 5:53 pm

Saks, the premier digital platform for luxury fashion, recently announced that it has extended its partnership with Lightspeed Commerce, a one-stop commerce platform for merchants to simplify, scale and create exceptional customer experiences. The platform has helped Saks streamline previously manual processes, slashing time spent on order creation by 50 percent and reducing time spent on purchase…

How Strategic Supplier Collaboration Can Reduce Textile Waste
May 31, 2023 at 12:59 pm

Consumers are posing an ultimatum to fashion and apparel brands: Start taking sustainability seriously or they’ll shop elsewhere. A new study of UK consumers found that 81 percent intend to boycott apparel brands that don’t prioritize sustainability within the next two years. These consumers are part of a clear global trend: Growing swaths of consumers…

Tracking Chain of Custody is Now Essential for Brands and Retailers
May 23, 2023 at 6:34 pm

The days when brands and retailers could turn a blind eye to where their products come from are over. Amid heightened awareness of social and environmental abuses throughout the supply chain, governments around the world are moving quickly to hold businesses accountable for the actions of their suppliers. New supply chain due diligence laws are…

Clothing Retailers: An Opportunity for Positive Change
May 9, 2023 at 5:02 pm

Diverting textiles from landfills is increasingly becoming a top-of-mind concern for clothing manufacturers and retailers alike. In the face of legislative changes, consumers are more aware of the environmental impact of their clothing choices. The fashion industry generates around 92 million tons of textile waste each year, which not only clogs up landfills, but also…

Top 3 Factors Reshaping the Apparel Industry
April 25, 2023 at 9:56 am

The fashion industry is constantly growing, introducing new brands in various categories, whether digital, sustainable, circular, or fast fashion. The global apparel and footwear market is expected to be valued at up to $2.25 trillion by 2025, according to Statista. Sourcing is a crucial aspect of a clothing supply chain. For a private-label clothing company, sourcing…

Sustainable Procurement Hinges on Supply Chain Transparency
April 11, 2023 at 10:06 am

Consumers have long said they prefer sustainable products, and a new study shows that they've been putting their money where their mouth is. Researchers from McKinsey and NielsenIQ studied 600,000 products from 44,000 brands and conclusively found that products that make environmental, social and governance (ESG) claims experienced faster growth than products without them. This…

Responsible Sourcing Strategies Must Begin by Considering Suppliers
March 23, 2023 at 2:01 pm

The environmental toll of the fashion industry is astounding. Each year the fashion industry creates an estimated 92 million tons of textile waste while creating nearly 20 percent of the world’s water pollution. Sixty percent of apparel products today aren’t recyclable, so most of them are dumped in landfills or burned. And it gets worse:…

Target to Launch New Private Labels, Expand Others
March 2, 2023 at 5:05 pm

Target announced earlier this week that it would be stocking its shelves with more products priced under $10 as it tries to appeal to more cost-conscious consumers dealing with once-in-a-generation inflation. The retailer has shifted its focus to selling more food and lower-priced items under its higher-margin private-label brands including Favorite Day, Good & Gather,…

Nordstrom Partners With The Folklore Group to Grow Minority-Owned Brands
February 28, 2023 at 6:17 pm

Nordstrom has teamed with The Folklore Group as part of the retailer’s commitment to build a more equitable marketplace and reduce barriers to access for diverse suppliers, reports Yahoo. Through The Folklore Connect platform, Nordstrom’s merchants will be better able to identify and engage with wholesale fashion and lifestyle brands founded by Black, Latinx, Asian and other people…

Volcanica Coffee's Founder and CEO on the Impact of Authentic Brand Storytelling
January 19, 2023 at 8:14 pm

Maurice Contreras is founder and CEO of Volcanica Coffee, a specialty coffee roaster that imports 150-plus exotic coffees from volcanic regions around the world. While at the National Retail Federation Big Show in New York City earlier this week, Editor-in-Chief Joe Keenan spoke with Contreras about the company and his career background, the online shopping…