Investigaciones de Panjiva

Lakeland Industries shows PPE not immune from supply chain inflation

April 19, 2021

Lakeland Industries, a maker of medical garments including personal protective equipment (PPE) reported a 30.9% rise in FQ4’21 (to Jan. 31) revenues which CEO Charles Roberson stated was the result of “the resiliency of our operations, our global supply chain”. The firm’s U.S. seaborne import ... Read more →

Levi Strauss cuts straight through logistics challenges, hikes prices

April 9, 2021

Levi Strauss reported FQ1’22 (to Feb. 28) revenues which fell by 13.3% year over year due to pandemic-related store closures. Analysts had expected revenues to drop by 17.3% while Panjiva’s data shows U.S. seaborne imports linked to the firm declined by 6.9% over the same period. The firm may ... Read more →

Adidas, Primark sourcing from Myanmar still rising, may soon slow

April 8, 2021

The coup in Myanmar, combined with earlier challenges from the pandemic, are leading to a swathe of factory closures in the Burmese apparel industry. U.S. seaborne imports of apparel from Myanmar were unchanged year over year in March despite a 5.7% drop in February. That would suggest order c... Read more →

Wolverine World Wide, Nike likely to keep paying price for U.S.-China tech war

April 8, 2021

U.S. Commerce Secretary Gina Raimondo has stated that the administration is “in the middle of the overall review of the China policy” with the aim to “compete in the long run with China” using “all the tools in my toolbox as aggressively as possible”. Section 301 tariffs on imports from China ... Read more →

Guess? and PVH navigate supply chain disruptions

April 6, 2021

PVH and Guess? reported FQ4’21 earnings that have provided insights into how firms are dealing with logistics congestion as well as the ongoing impact from the pandemic. Both firms noted disruptions to their supply chains in the three months to Jan. 31. Guess CEO Carlos Alberini stated disrupt... Read more →

Suez blockage removed, supply chain effects could last for months

March 29, 2021

The Ever Given, which has blocked the Suez Canal since March 23, has been partially refloated. After tests and transit to the Great Bitter Lake the canal should be able to reopen. Estimates of the time taken to clear the backlog of around 370 vessels vary with Hapag-Lloyd and Maersk indicating... Read more →

Biden’s balance of China relations, phase 1 purchases key for exporters

March 29, 2021

U.S. international trade activity rose by 3.7% year over year in February, the fourth straight expansion. That was largely down to a 10.1% rise in imports and particularly an 18.4% jump in consumer goods imports as demand remained robust and congestion at ports was worked through. Exports howe... Read more →

Nike trips on port congestion, higher freight costs as peers sprint ahead

March 19, 2021

Nike reported FQ3’21 (to Feb. 28) revenues which increased by 2.5% year over year. A surge in e-commerce demand was offset by weaker wholesale supplies because of “global supply chain challenges” which included “container shortages, transportation delays and port congestion” according to CFO M... Read more →

Inventory blowout risk rises as retail sales growth slows, imports soar

March 16, 2021

U.S. retail sales growth slowed in February to just 2.4% year over year after a 7.8% jump in January. That’s been most keenly felt in clothing and electricals which dropped by 14.9% and 6.7% respectively in February. While sales growth is modest, imports of consumer discretionary products have... Read more →

Tesco, Asda face elevated costs as CMA CGM hikes India-U.K. surcharge

March 16, 2021

Global logistics networks serving the U.K. market are facing continued congestion leading CMA CGM to apply a container surcharge of $200 per TEU for shipments from India, equivalent to around 4% on top of basic shipping rates. U.K. ports have experienced volatile activity as a result of the st... Read more →

Showing research about Cons. Discr. - Apparel