FinancialNews

VF Scores Revenue Gains but New Tax Act Leads to Charge on Offshore Earnings

VF Corp. said it will reinvest roughly $100 million back into its business to make it more agile and consumer focused, even while dealing with implications of the new Tax Act on its multinational operations.

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Footwear

New Shoe Brands Tap into Private Label, Customization and Social Causes

There are many ways to create newness in footwear, and new brands—including some familiar names—introduced new collections and novel business models at FN Platform this week.

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E-commerceRetailNews

Sam’s Club Offers Free Shipping Membership Plan to Compete with Amazon Prime

Walmart has been successful in closing the digital gap with Amazon, and it's looking to Sam's Club, its warehouse shopping membership club, to improve its e-commerce game.

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LogisticsFeature

E-Commerce Rise Calls for Building a Better Way to Move Goods

On the surface, it would seem the growth of e-commerce at the expense of brick-and-mortar retailing would ease the number of vehicles on the road, but recent studies show that not necessarily to be the case.

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TechnologyNews

Walmart Counts on the Cloud in E-Commerce Battle With Amazon

Walmart's investment in a proprietary cloud network enables the retailer to better manage pricing and inventory, improve its e-commerce site more quickly, and help customers accelerate in-store returns of online orders.

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Raw MaterialsNews

Hyosung Chairman Commits to Vietnam as Key Production Base

Hyosung chairman Cho Hyun-joon, in a meeting with Vietnamese Prime Minister Nguyen Xuan Phuc, committed to utilizing Vietnam as a global production base for producing all the company’s core products, including textiles.

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BusinessFeature

McKinsey Outlines Actual Progress in the Digitization of Sourcing

It’s often easier to count the strife sourcing faces than it is to outline the bright spots, and though opportunity is on the horizon, McKinsey and Company says the gap between where the industry is and where it should be, is still quite a wide one.

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Raw MaterialsNews

Imprima Strengthens US Operations with City Prints and Premier Fabrics Acquisition

Imprima SpA, the holding company of the multinational group dedicated to textile printing and finishing, has acquired City Prints and Premier Fabrics, two U.S. companies specializing in printed textiles.

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