Saudi Fashion Commission Launches Comprehensive Manual

The "Fashion Exports Guidelines" is a comprehensive manual crafted to assist fashion industry professionals to navigate the complexities of exporting fashion products
The "Fashion Exports Guidelines" is a comprehensive manual crafted to assist fashion industry professionals to navigate the complexities of exporting fashion products
TT

Saudi Fashion Commission Launches Comprehensive Manual

The "Fashion Exports Guidelines" is a comprehensive manual crafted to assist fashion industry professionals to navigate the complexities of exporting fashion products
The "Fashion Exports Guidelines" is a comprehensive manual crafted to assist fashion industry professionals to navigate the complexities of exporting fashion products

The Saudi Fashion Commission has unveiled the "Fashion Exports Guidelines," which is a comprehensive manual crafted to assist fashion industry professionals to navigate the complexities of exporting fashion products globally while upholding high sustainability standards.

According to a statement issued Monday, the new manual is organized into four primary sections: clothing, footwear and accessories, jewelry, and perfumes. Each section provides tailored export procedures relevant to specific product categories. It also identifies major international markets for fashion products and explores potential future export destinations, offering valuable insights into market demands and opportunities.

Key aspects of the guide include detailed instructions on mandatory labeling standards for exported fashion products, comprehensive guidelines to ensure compliance with international safety and quality benchmarks, and practical advice on incorporating sustainability into production processes. The manual emphasizes environmentally friendly and ethical production methods, aiming to support industry professionals in maintaining high standards across all aspects of their operations.

The Fashion Exports Guidelines is intended for a broad audience within the fashion industry, including apparel manufacturers, jewelry designers, footwear producers, accessories makers, perfume creators, and other business sectors interested in expanding their export activities.
According to the commission, the manual covers essential information on labeling requirements for exported fashion items. It outlines comprehensive guidelines to ensure that products meet both quality and safety standards. Additionally, the guide provides practical advice on integrating sustainability into production processes. For those navigating different markets, it details country-specific export requirements and offers up-to-date information on regulations and legal requirements in each target market.



UK’s Boohoo to Stop Supplying US Customers Locally 

 A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020.  (Reuters)
A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020. (Reuters)
TT

UK’s Boohoo to Stop Supplying US Customers Locally 

 A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020.  (Reuters)
A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020. (Reuters)

Online fashion retailer Boohoo said on Wednesday it would stop supplying US customers from a site in Pennsylvania and return to fulfilling orders from Britain, in a strategy reversal it said would lead to an unquantified write-down.

Boohoo shares were down 2% in early trade, extending 2024 losses to 32%, after the British company said it would stop using the distribution center by Nov. 11, just over a year after it started operations there. It said it would sublet its space at the center, which is run by a third party.

CEO John Lyttle had previously described the site as a "complete gamechanger" as it would slash delivery times to shoppers in the US, Boohoo's largest overseas market.

However, the company said on Wednesday it would return to fulfilling all US orders from its automated center in Sheffield, northern England, enabling it to cut costs over the medium term and broaden its product offering to US shoppers.

"To us, the short life of the US warehouse ... is concerning, highlighting a naivety of the American market, along with a waste of time and resources," Shore Capital analysts said.

Boohoo said the move would result in a write-down on its balance sheet against the investments and costs associated with the US operation, as well as certain one-off exceptional cash costs. Further details will be given at its half-year results.

Analysts at Peel Hunt estimated a 34 million pounds ($44.5 million) capital expenditure write-off.

Boohoo said it "remains excited" about the opportunity in the US market and had been developing wider routes-to-market strategies, the first of which was the recent launch of its Nasty Gal brand in Nordstrom stores.

Boohoo said it was in advanced talks with major US brands over new routes to market for other brands within the group.

The company, like UK peer ASOS, was a winner during the pandemic, which drove a boom in online shopping. It has struggled since, hurt by supply chain problems, higher product returns, competition from rivals such as Shein and subdued consumer demand.