openPR Logo
Press release

Sourcing Strategies of European Clothing Retailers are changing

11-29-2012 07:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ystats.com Gmbh & Co. KG

yStats.com Logo

yStats.com Logo

In its report "Profiles and Sourcing Activities of Clothing Retailers in Europe 2012", Hamburg-based secondary market research firm yStats.com has compiled general facts and sourcing information for 78 clothing retailers headquartered in Germany, Great Britain, France, the Netherlands, Spain, Italy, Sweden, Norway, Denmark, Poland, Russia, and Turkey. For each player, the report provides a company profile, followed by sourcing information.

In addition to general information about the companies, including sales figures and the number of stores, the report focuses on showing where the products are sourced, with how many retailers each firm is doing business and which environmental goals are pursued.

Sourcing Activities often take place abroad
Many clothing companies source their products from outside of Europe, especially Asia. In 2011, nearly 1400 manufacturers in over 40 countries worldwide manufactured more than 800 million items of clothing for Spanish clothing company Inditex. The German Otto Group sources its products via trading and sourcing organization Hermes-OTTO International from more than 5000 suppliers in 70 countries. The French Etam Group has a sourcing company in Shanghai, Etam International Sourcing, which coordinates all suppliers in Asia. Danish clothing firm Bestseller sources its products largely from Asia - China, India and Bangladesh - as well as from Turkey and Italy. The production of Russian firm Oodji/August OOO is also largely based in Asia: 24 million clothing items are manufactured in Asia each year for this company.

China loses Manufacturing Clients
Increasing Chinese labor costs have prompted some firms to transfer their production to other countries, including their own. A large number of companies, especially in Turkey and Russia, now manufacture their goods in their home country. In Turkey, the government provides incentives for national manufacturers. Encouraged by this development, Turkish clothing company Akygit, operator of the Collezione shops, plans to move its clothing production to Turkey. In 2012, British clothing chain River Island also plans to move part of its production from China back to Great Britain due to increased costs.

Sustainable Production, Social Justice and Health Protection increasingly important
The report "Profiles and Sourcing Activities of Clothing Retailers in Europe 2012" by yStats.com shows that more and more companies emphasize sustainable production of at least part of their goods. When sourcing products, OTTO-Group adheres to strict social standards and environmental regulations. British retail chain Marks&Spencer sources its products from Asia and Great Britain and aims to become the most sustainable clothing manufacturer in the world by 2015. Italian Benetton Group sources its products from Asia and Europe and also aims to ensure ethically-sound and sustainable production. Swedish company KappAhl sources all of its products from external partners and prioritizes protection of the environment: It aims to use as much organic cotton as possible.

Many clothing companies source their products internationally, but there is also an opposite trend towards sustainability and location loyalty.

yStats.com has been committed to research up-to-date, objective and demand-based data on markets and competitors for top managers from various industries since 2005. Headquartered in Hamburg, Germany, the firm has a strong international focus and is specialized in secondary market research. In addition to offering reports on markets and competitors, yStats.com also carries out client-specific research. Clients include leading global enterprises from various industries including B2C E-Commerce, electronic payment systems, mail order and direct marketing, logistics, as well as banking and consulting.

yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com

Twitter: www.twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ystats

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Sourcing Strategies of European Clothing Retailers are changing here

News-ID: 243813 • Views:

More Releases from ystats.com Gmbh & Co. KG

The global B2C E-Commerce market is expected to double from 2022 to 2025: New report from yStats.com
The global B2C E-Commerce market is expected to double from 2022 to 2025: New re …
[Hamburg, Germany - September 14, 2023] - The latest release from Hamburg-based market research company yStats.com, titled "Global B2C E-Commerce Market 2023," provides an overview of global trends in the B2C E-Commerce market and insights into the growth potential of various markets through key figures, forecasts, and trends. B2C E-Commerce market initially experiences strong growth followed by a moderate growth outlook. While the world witnessed a boom in online shopping during the
B2C E-Commerce sales in Eastern Europe projected to rise in 2019, reports yStats.com
B2C E-Commerce sales in Eastern Europe projected to rise in 2019, reports yStats …
yStats.com, Hamburg-based desk research firm specialized in E-Commerce & Online Payment market intelligence, has released a new publication: “Eastern Europe B2C E-Commerce Market 2019”. According to this report’s findings, online retail sales in the countries of Eastern Europe are expected to maintain double-digit growth in 2019. More consumers in Eastern Europe shop online Online shopper penetration is on the rise across Eastern Europe, but remains behind that of Western Europe. In the
New report from yStats.com suggests continued expansion of online retail in Vietnam
New report from yStats.com suggests continued expansion of online retail in Viet …
A recent publication from Hamburg-based business intelligence company yStats.com, “Vietnam B2C E-Commerce Market 2019,” projects continued strong growth of the online retail sector in the Southeast Asia nation through the middle of the next decade. Factors contributing to the growth include the entry of regional and global online merchants in Vietnam, plus the growing Internet connectivity through mobile phones. Online retail sales year on year to increase at a double-digit
Online retail sales in Thailand projected to continue strong growth: yStats.com report
Online retail sales in Thailand projected to continue strong growth: yStats.com …
The latest publication from Hamburg-based research firm yStats.com, “Thailand B2C E-Commerce Market 2019,” reveals the expectation of continued year-to-year online retail sales increases. Thailand’s mobile and social shopping trends make it one of the leaders in the region in total web-base sales. Internet connection increase and social media shopping result in more online shoppers Thailand’s constant rate of growth of internet connectivity and the growing comfort of connected individuals in making purchases

All 5 Releases


More Releases for Asia

South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,
RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019". The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients. Asked to comment on the move, Luke Palmer, the