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Target Continues to Suffer Criticism at Senate Hearings
The U.S. Senate hearings on Target’s massive security breach continue to find fault with the retailer’s…
E.U. Pressures Bangladesh to Expedite Reforms; Countdown to Rana Plaza Anniversary Begins
As the anniversary of the Rana Plaza factory collapse fast approaches, the European Union (E.U.) is…
Sears CEO Eddie Lampert to Cut His Own Lending to Sears; Vote of No Confidence?
Already interpreted by some as an expression of a lack of confidence in his own company, Sears Holding…
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U.S., Japan to Meet in D.C. to Discuss TPP; Crucial Stage of Discussions
On March 27, Acting Deputy United States Trade Representative Wendy Cutler will discuss the state of the…
New Shipping Alliance Stokes Fear of Monopoly
In a little-noticed partnership certain to have a big impact on the global container industry and…
FedEx Chief to Retailers: You Need Better Shipping Strategies
Many retailers complained that the severe winter weather took a bite out of their sales, in part because of…
Global Unions Gather to Criticize Cambodian Government; Demand Higher Wages
Even though a consortia of unions cancelled massive protests planned for March, the rhetorical heat between…
Vietnam’s Biggest Obstacle to Post-TPP Success: Bad Loans
The biggest obstacle Vietnam faces, according to some experts, to capitalizing on the new opportunities the…
New Study: Costs of Compliance in China Expected to Rise
According to a new study, the tightening of anti-corruption laws in China will increase the costs of…
SJ Exclusive Interview with NGC’s Roger Mayerson on the Future of Compliance
Whether a result of a newly intense emphasis on compliance or the pressures exerted on the supply chain…
JCP CEO Mike Ullman to Receive Big Raise in 2014
J.C. Penney (JCP) Chief Executive Myron Ullman is slated to receive a generous salary increase this year, a…
New Sourcing Survey: Expect Rising Costs and Narrowing Margins
A new survey indicates that sourcing executives should expect flat average unit costs to rise and, in 2014…
Unburdened by Sanctions, Myanmar Expects $1.5BN in Garment Exports
According to the secretary of the Myanmar Garment Entrepreneurs Association, Khine Khine Nwe, the income from…
Chinese Renminbi Tumbles Below “Red Line;” Massive Losses May Follow
On Wednesday, a rapidly depreciating Chinese renminbi traversed what financial experts have been referring to…
Li & Fung Releases 2013 Results; Unveils Ambitious Three-Year Plan
Sourcing giant Li & Fung (LF) just announced its annual performance results for the 2013 fiscal year and…