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Covid s Next Chapter: Bullish Fashion Buyers Put Factories at Risk – Sourcing Journal

Covid s Next Chapter: Bullish Fashion Buyers Put Factories at Risk – Sourcing Journal
sourcingjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sourcingjournal.com Daily Mail and Mail on Sunday newspapers.

Producing in Peru Helps Brands Meet Shoppers Sustainability Demands – Sourcing Journal

Los Angeles-based contemporary women’s wear label Nation LTD is feeding this appetite for more information by sharing the provenance of its products. And as it pulls back the curtain on its production practices, the brand’s choice to partner with Peruvian factories has helped it deliver a greater level of transparency. During a discussion with Sourcing Journal president Edward Hertzman and Peru Textile Exporters Association president Juan Jose Cordova, Nation’s CEO Joe Krafka noted that Peru’s vertically integrated production makes the origins of garments more traceable down to the raw materials. In addition, Nation’s partners in Peru have invited the brand to visit and see the factories in person, enabling the brand to in turn share photos and firsthand details with consumers.

How Peru s Verticality Minimizes Commercial and Compliance Risks – Sourcing Journal

The long-lead manufacturing model that is prevalent with offshoring means that companies end up holding more safety stock. If these goods don’t sell, retailers may resort to deep discounting to make room for new products, shrinking margins in the process. Situated closer to the United States, Peru offers an alternative. Through a combination of location, technology and vertically integrated manufacturing, Peru-based factories can offer quick turns. During a conversation with Sourcing Journal president Edward Hertzman, Luis Antonio Aspillaga, CEO of World Textile Sourcing (WTS), and Rizal Bragagnini, executive director of the Peru Textiles Exporters Association, explained how the country’s independent supply chain leads to greater adaptability for clients.

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