Sourcing Journal’s Post

For the first time, Sourcing Journal is bringing its live event experience to Los Angeles. The inaugural Sourcing Journal x Rivet Sustainability LA event on Sept. 26 will invite the industry to The London West Hollywood at Beverly Hills to gather, learn and get inspired to transform their businesses. Themed “Sea Change,” the full-day conference will present case studies and actionable insights showing how to propel environmental and social responsibility forward. Registration will be opening soon for the Sourcing Journal x Rivet LA Sustainability Summit. Inquire here for more information: https://lnkd.in/eaAWU3PZ

45% of consumers say they are aware of current concerns about clothing microfibers polluting our oceans and waters, according to the Cotton Incorporated Lifestyle Monitor™ Survey. Learn more about how apparel can change course when it comes to plastic: https://bit.ly/4bp5YSX

At Gap Inc.'s Supplier Summit, Hansae Fashion Worldwide was awarded the group's “2024 Supplier of the Year” award. “This marks the significant milestone to be recognized by Hansae’s number one buyer as a true strategic partner," said Hansae's Richard Cha. Learn more about the partnership: https://bit.ly/3L5BVF3

Amazon refuses to let SHEIN and Temu encroach on its territory. According to CNBC, the e-commerce giant plans to launch a new section on its site full of discounted merchandise that will be shipped directly from China. The new storefront section, CNBC said, will offer unbranded items in the fashion, beauty and home categories, much like Shein and Temu’s inventory. Reportedly, the products will cost less than $20 for consumers. https://bit.ly/3zjqmY9

A Bold New Chapter For Macy's, Mitigating a Liquidity Crisis and Shattering Glass Ceilings – Your Weekly Retail News Roundup is Here! https://bit.ly/3y481Og

From U.S. Logistics Solutions filing for Chapter 7 bankruptcy to new Ozempic research showing there’s no shift in national measurement trends despite localized impacts, here are the top stories of the week.

If an ounce of prevention is worth a pound of cure, then retailers must work harder to detect early warning signs that can lead to a liquidity crisis. In this Retail POV column for Retail Rx, Dan O'Brien of Getzler Henrich & Associates explains how much of a retailer’s success or failure comes from within—how they manage inventory, technology and more, and what that means for the customer experience. https://bit.ly/4ezdIEu

Though growth came slower than it has in previous months, year-over-year container import and export volume increased last month for the 10 largest ports in the U.S., keeping up a trend. That’s according to new data from shipping expert John McCown, who noted inbound containers at those ports saw a year-over-year increase of 5.8 percent in May.

Textile-to-textile recycler Circ® has launched the Circ-Ready community: an exclusive group of global supply chain partners who have demonstrated their ability to utilize Circ materials.