×
56 792
Fashion Jobs
LULULEMON
Assistant Manager, Operations | Wellesley
Permanent · Wellesley
LULULEMON
Assistant Manager, Operations | s. Galena Street (Aspen, CO)
Permanent · Aspen
LULULEMON
Assistant Manager, Operations (Contract) | West County Center
Permanent · St. Louis
MACY'S
Asset Protection Captain, Fresno Fashion Fair - Full Time
Permanent · Fresno
MACY'S
Asset Protection Detective, Visalia - Full Time
Permanent · Visalia
MACY'S
Asset Protection Detective, Boynton Beach - Full Time
Permanent · Boynton Beach
MACY'S
Asset Protection Detective, White Marsh - Full Time
Permanent · Nottingham
MICHAEL KORS
f/t Sales Supervisor, Christiana Mall
Permanent · Newark
NORDSTROM
Assistant Manager - Specialty Coffee - Grove at Farmer's Market
Permanent · Los Angeles
NORDSTROM
Asset Protection - Agent - San Leandro Rack
Permanent · San Leandro
NORDSTROM
Asset Protection - Security Ambassador - Towson Town Center
Permanent · Towson
ROSS STORES
Store Protection Specialist
Permanent · Englewood
ROSS STORES
Store Protection Specialist
Permanent · Pembroke Pines
MACY'S
Asset Protection Detective, Lakeforest - Full Time
Permanent · Gaithersburg
MACY'S
Asset Protection Detective, Easton - Full Time
Permanent · Columbus
MACY'S
Asset Protection Detective, Auburn - Full Time
Permanent · Auburn
MACY'S
Asset Protection Detective, Santa Anita - Full Time
Permanent · Arcadia
TJ MAXX
ft Loss Prevention Detective Now Hiring
Permanent · Hartsdale
TJ MAXX
ft Loss Prevention Detective Now Hiring
Permanent · Yonkers
ADIDAS
Senior Specialist, HR - Covid Pmo - Limited Duration (Until End of Year)
Permanent · Portland
ADIDAS
Senior Director, Sport Brand Communications
Permanent · Portland
ADIDAS
Senior Manager Human Resources - Brand And Business Development
Permanent · Los Angeles
By
Reuters
Published
Jul 6, 2020
Reading time
3 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Patchy demand at stores spells more pain for garment suppliers

By
Reuters
Published
Jul 6, 2020

Fashion brands and retailers re-opening around the world to patchy demand, and carrying unsold stock from spring have cut fall orders by as much as two-thirds in moves spelling more pain for Asian suppliers.


ShutterStock



With shoppers still wary of catching the coronavirus at stores, retailers are leaving buying decisions to the last minute and planning on selling all-season basics such as men’s chinos and t-shirts leftover from spring through into fall.

“We don’t think orders for clothing will pick up anytime soon. Shipments could look up ahead of the Christmas but there is no guarantee,” said Siddiqur Rahman, a Bangladeshi garment supplier to H&M and GAP Inc among others.

The destructive weight of the COVID-19 pandemic is expected to contract the $2.5 trillion global fashion industry by up to 30% in 2020, according to investment bank Bryan, Garnier & Co.

Nike said it has already cancelled around 30% of its pre-pandemic factory orders for the autumn and end-of-year holiday season, while Sweden’s H&M said it would sell some “less seasonal” spring stock through into autumn.

Tommy Hilfiger and Calvin Klein owner PVH said last month it was being very cautious on buying for fall as it reported a drop in same-store sales of around a quarter for re-opened stores in North America.

Ralph Lauren said it had cancelled around two-thirds of autumn season orders, while Levi Strauss & Co has said it would carry some unsold basic garments forward.

Stores have opened in most of the United States and Europe, and while lines formed outside some, many consumers are staying at home, with almost 60% in the United States surveyed by Coresight Research on June 24 saying they were avoiding malls.

A Morgan Stanley survey found that 57% of British consumers planned to stay away from clothing stores for fear of catching the coronavirus. The surge in online sales during the lockdown is not enough to compensate for the slump in traffic.

Cancelled orders result in less work for factories across Asia where hundreds of thousands of garment workers have been laid off since the pandemic struck.

New orders are down by as much as 45% on the year, said Rubana Huq, president of the Bangladesh Garment Manufacturers and Exporters Association, and factories in the world’s second-largest garment maker are operating at around half their capacity in the country.

With consumers wary of returning to stores, retailers are holding out to the last moment to put in orders with suppliers as they try to gauge demand at a time when traditional back-to-school spending plans are up in the air.

“We need to wait as long as we can with purchases - to take the decisions as near the sales moment as possible,” H&M Chief Executive Helena Helmersson told Reuters, after the retailer reported its first quarterly loss in decades last month.

Recruiters for garment companies in Vietnam, a major manufacturer for big sportswear labels such as Nike and Adidas, are feeling the pain.

One recruitment consultant, Will Tran, told Reuters that he and his colleague had just two or two orders in April and May between them, compared with the usual up to ten each.

“So 80 to 90% of job demand went 'poof,'” he said.

© Thomson Reuters 2022 All rights reserved.