http://www.just-style.com/sectors/retail_id1Latest Retail industry news - from just-style.com© 2013 All content copyright just-style.com. Published by Aroq Ltd.Wed, 22 May 2013 08:13:14 GMTWed, 22 May 2013 08:13:14 GMTjust-style.com - RSS feedjust-style.comhttp://blogs.law.harvard.edu/tech/rss20The challenges faced by Marks & Spencer's clothing business have already been well-documented, so it was no surprise that a fall in annual sales has weighed on the retailer's bottom line.http://www.just-style.com/analysis/ms-plays-up-its-clothing-revamp-as-sales-slide_id117904.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailTue, 21 May 2013 19:03:00 GMTInstitutional investors and shareholders with more than $2.5trn in assets under management are adding pressure to retailers sourcing clothing from Bangladesh to implement a number of reforms, including signing up to the new Accord on Fire and Building Safety.http://www.just-style.com/news/investors-take-a-stand-on-bangladesh-safety-deal_id117902.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailTue, 21 May 2013 14:31:00 GMTLuxury goods business Burberry has today (21 May) booked a 14% rise in full-year profit, bolstered by increased demand in China and Hong Kong and overseas store growth.http://www.just-style.com/news/burberry-posts-double-digit-fy-profit-growth_id117894.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailTue, 21 May 2013 17:36:00 GMTRetailer Marks & Spencer today (21 May) reported a 6.5% drop in annual group profits as higher operating costs and poor sales of general merchandise - which includes clothing and footwear - continued to weigh on its performance.http://www.just-style.com/news/general-merchandise-weighs-on-ms-fy-profit_id117893.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailTue, 21 May 2013 10:20:00 GMTLuxury retailer Saks has today (21 May) posted a 37.8% decline in first-quarter net profit after it was weighed down by store closing costs and debt-extinguishment losses.http://www.just-style.com/news/saks-q1-profit-slumps-378-but-sales-rise_id117903.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailTue, 21 May 2013 15:28:00 GMTSportswear retailer Dick's Sporting Goods has today (21 May) reported a 13.4% jump in first-quarter net profit despite lower-than-expected sales growth.http://www.just-style.com/news/dicks-sporting-goods-q1-profit-rises-134_id117901.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailTue, 21 May 2013 14:30:00 GMTL Brands, the new, temporary name for Limited Brands, is to relocate its La Senza distribution centre operations from Montreal, Canada to its Columbus, Ohio base in the US to "better meet customer demand" worldwide.http://www.just-style.com/news/l-brands-to-move-la-senza-dc-to-ohio_id117900.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailTue, 21 May 2013 13:06:00 GMTE-Land and K-Swiss have acquired California-based comfort footwear brand OTZ Shoes, their first deal since merging at the end of last month.http://www.just-style.com/news/k-swiss-acquires-otz-shoes_id117897.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailTue, 21 May 2013 12:16:00 GMTActivewear is the fastest-growing sector of the kids' apparel market, with double-digit sales gains seen in the year to March, new research suggests.http://www.just-style.com/news/activewear-outpaces-total-kids-apparel-market_id117896.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailTue, 21 May 2013 11:59:00 GMTGlobal lifestyle brand Barbour has announced two senior management appointments as it continues to expand in the UK.http://www.just-style.com/news/barbour-announces-two-senior-appointments_id117899.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailTue, 21 May 2013 12:34:00 GMTSwiss luxury goods company Richemont has announced the resignation of Marty Wikstrom, the chief executive officer of its fashion and accessories business.http://www.just-style.com/news/richemont-fashion-boss-wikstrom-resigns_id117895.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailTue, 21 May 2013 11:51:00 GMTApparel retailers and brands in the US and Canada are calling for assurances from the Bangladesh government that it is committed to worker safety issues in the country's garment factories.http://www.just-style.com/news/retailers-seek-bangladesh-commitment-to-worker-safety_id117887.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailMon, 20 May 2013 12:56:00 GMTChina ranks number one as the world's largest garment exporter with a 38% global market share. Bangladesh ranks number two with a 5% market share. We all acknowledge that China dominates the global garment export market. But how did it get here, and what are the upcoming challenges? asks David Birnbaum.http://www.just-style.com/comment/understanding-chinas-success_id117691.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailMon, 20 May 2013 16:31:00 GMTBobby Jones Omaha-based investment firm Waitt Company has reached an agreement to acquire all operating assets of the Bobby Jones brand from W-Diamond Group Corporation.http://www.just-style.com/news/waitt-company-acquires-bobby-jones-brand_id117891.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailMon, 20 May 2013 17:47:00 GMTClothing giant Kellwood Company is exploring new ownership and investment opportunities for its high performance yoga and fitness apparel business, Zobha, two years after buying the brand.http://www.just-style.com/news/kellwood-explores-sale-of-zobha-yoga-brand_id117889.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailMon, 20 May 2013 14:25:00 GMTSupermarket retailer Tesco is to expand its F&F clothing brand into new markets across the Middle East and Central Asia, with plans to open more than 50 franchise stores over the next five years.http://www.just-style.com/news/tesco-plots-overseas-expansion-for-ff_id117886.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailMon, 20 May 2013 12:21:00 GMTMen's casual apparel business China Xiniya Fashion has reported a 23.1% decline in first-quarter net profit due to weaker demand in its domestic market.http://www.just-style.com/news/china-xiniya-fashion-q1-profit-falls-231_id117884.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailMon, 20 May 2013 11:47:00 GMTFeatured reports from just-style's research store this week include a review of the global market for workwear, a report on the prospects for the textile and clothing industry in Cambodia, and a look at the cost of spinning, texturing, weaving and knitting production in nine countries.http://www.just-style.com/analysis/just-styles-research-roundup_id117883.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailMon, 20 May 2013 11:06:00 GMTWeak sales, clearance deals and promotions have led struggling US department store retailer JC Penney Company to more than double its losses in the first quarter.http://www.just-style.com/news/jc-penney-q1-losses-more-than-double_id117874.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailFri, 17 May 2013 12:49:00 GMTMike Ullman, the man who has returned to turn around department store retailer JC Penney following the departure of Ron Johnson last month, has outlined the first of his plans to improve the ailing business.http://www.just-style.com/analysis/first-plans-emerge-from-new-jc-penney-ceo_id117882.aspx?utm_source=sector-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=retailFri, 17 May 2013 16:26:00 GMT