July 30, 2015
Stories this photo appears in:
How are brands investing in crucial digital tools and traditional methods to reach customers?
During the struggle to secure a dwindling sense of brand loyalty among Millennial and Generation Z consumers, brands must devise a comprehensive strategy to tell their stories.
How Apparel Companies Can Deal With a Slowing Economy
The formula for doing business is slowly changing this year. While interest rates were rising at a steady pace last year, it’s a different story this year. The Federal Reserve hasn’t raised benchmark interest rates in 2019 and may even lower them, which is good news for apparel manufacturers and retailers.
How to Tackle the China Trade-War Challenges
In the past year, it has become increasingly more challenging to be an apparel manufacturer, importer or retailer in the United States as uncertainty surrounds trade with China.
How Tariffs on Chinese Products Are Affecting the Manufacturing and Retail Community
Now that the Trump administration’s $200 billion of additional tariffs have gone into effect on thousands of Chinese imports, the apparel and retail industries are figuring out what to do next. Covered in this round of tariffs are buttons, bobbins, yarns, embroidery, textiles, handbags and leather. Apparel is not part of the equation yet.
How Healthy Is the Retail Industry and What Lies Ahead?
We asked finance experts and factors to give us their take on the retail industry and how it is shaping up this year.
The Tariff Scare Keeps Apparel and Textile Companies Hopping
President Trump launched a trade war in March by imposing a 10 percent tariff on aluminum and a 25 percent tariff on steel coming from countries around the world.
What’s in Store for the Factoring Business With Fewer Stores on the Retail Landscape?
The retail boneyard is piled high with store doors that closed last year, and many more may be on the way.
How the Factoring Industry Has Adapted to a Changing Retail World
As the retail industry has changed into a split personality of online and offline shopping, so too has the factoring industry that finances manufacturers’ production and sales to clients.
The Effect of Rising Interest Rates on the Apparel Business
For nearly a decade, interest rates have remained near zero, meaning it was very inexpensive for businesses to borrow money. But those sunny days may be over. Twice this year, the Federal Reserve has raised the prime rate, and it is expected to do so again later this year.
What Stumbling Blocks Are in Store This Year for Apparel Makers and Retailers?
The California Apparel News recently spoke with several finance-industry executives about what challenges and bumps in the road apparel manufacturers and retailers are facing this year now that the uncertainty of the presidential election is over, but another set of uncertainties have cropped up under a new administration.
Industry Focus Finance: How Will Mergers in the Factoring Business Affect Clothing Manufacturers?
In recent months, there has been some consolidation in the factoring and banking business, with CIT Group acquiring OneWest Bank and Sterling National Bank purchasing a factoring portfolio from First Capital Corp.
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