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‘Alarming’ Discounts Crush Garment Suppliers: Report

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

The en-masse cancellations that occurred just as Covid-19 gripped the globe have dealt garment factories a body blow, and now labor researchers say that brands and retailers are “leveraging desperation” to demand steep discounts on new orders as buying begins to pick up again. Indeed, buyers have asked suppliers to lower their prices for the…

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