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Carter’s Reroutes to East Coast Ports as Freight Rates Jump 10%

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.

Carter’s saw net sales dip 0.8 percent in the first quarter to $781.3 million as growth in the retailer’s wholesale and international segments was offset by a decline in U.S. retail sales. Net income came in at $67.9 million, or $1.66 per diluted share. In a Nutshell: The children’s apparel retailer identified three major reasons…

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