Product Sourcing
Etsy is adding more manufacturers to its artisanal crafting platform. The company announced Monday that it's creating a manufacturing marketplace that connects third-party manufacturers with its sellers. Since 2013, Etsy has allowed select sellers to work with outside manufacturers, but this move expands the partnerships. Etsy said manufacturers will be able to apply to be part of theโฆ
H&M, Europeโs second-largest clothing retailer, is rolling out a more generous compensation program for its Asian suppliers to improve factory conditions and combat unrest in the countries that produce the majority of its apparel. The Swedish retailer, which has 3,649 stores across 59 markets, is introducing a โfair wage methodโ to 68 factories in China, Cambodiaโฆ
Fresh off of her victory against Apple Inc., Taylor Swift is taking on an even more ambitious challenge: conquering China. The singer is teaming up with JD.com Inc., the second-largest e-commerce company in China, to sell a new fashion line designed specifically for Chinese shoppers. Dresses, sweatshirts and other tops will be available in Augustโฆ
Americaโs largest retailer was doing something very un-American. Wal-Mart has been selling products online that claim to be made in the USA when in fact they're not. After it was threatened with a potential probe by the Federal Trade Commission, Wal-Mart said that it has a problem with its website design. Truth in Advertising, aโฆ
M.Fredric is a California-based apparel retailer that sells its products via nine brick-and-mortar stores and an e-commerce website. Like many omnichannel brands, managing inventory levels in real time to prevent out-of-stocks and overstocks was a challenge for M.Fredric. In addition, a lack of real-time sales data meant buying decisions were delayed, a serious inhibitor forโฆ
Alibaba is at it again, this time partnering with Brightpearl, a multichannel retail management system that was created by retailers for retailers, that will allow merchants using Brightpearl to not only source goods from Alibaba.com, but to also list them automatically on their own sales channels as well.
Nike Inc. has settled a lawsuit against three former shoe designers it accused of stealing its commercial secrets and taking them to German rival Adidas AG with plans to open a footwear design studio in Brooklyn. The designers' attorney, Matt Levin, said in a statement Tuesday that the case had been resolved through a confidentialโฆ
J.C. Penney wants people to know that it had no supplier relationships with factories housed in the building that collapsed in Banglade
Up-and-coming designer Moziah Bridges of Memphis, Tenn., age 13, runs a successful fashion business, raking in revenues of over $200,000 per year. Bridges founded Mo's Bows when he was just 9 years old, selling unique handmade bow ties. Uninspired by the options currently on the market, Bridges asked his grandmother to teach him to make his own bow ties from her leftover scrap fabrics. Since then, his business has expanded and hired five employees, including his mother. Mo's Bows started out on Etsy, and now are sold in Neiman Marcus stores and on the retailer's website.
New York Senator Charles Schumer wants federal regulators to look into allegations that Lumber Liquidators' Chinese-made laminate flooring is tainted with formaldehyde. Schumer made the announcement in front of a New York City Lumber Liquidators showroom on Sunday. "The federal government must step in to investigate whether this product is dangerous and if a recall or other disciplinary action must be taken," he said. Schumer asked the Consumer Product Safety Commission to initiate an investigation about formaldehyde in the company's laminate flooring, following a "60 Minutes" report that said high levels of the chemical were found in Chinese-made laminates.