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Carter’s to Source 15% of Product in China This Year, Virus Hits Production

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Stock in Carter’s Inc. plunged 12 percent after the children’s apparel retailer spooked investors Monday with reports of production delays stemming from the deadly coronoavirus outbreak casting global supply chains into disarray. In a Nutshell: Carter’s plans to source “approximately 15 percent” of its products from China this year, noting that suppliers in Asia still source a…

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