30 October 2009 | Source: just-style.com
Here is a roundup of the top five most-read stories on just-style. Click on each headline for the full story.
VF deals with profit dip
INSIGHT: VF shows the way despite mixed messages
Branded apparel giant VF Corporation recorded a 6.8% decline in third quarter profit to US$217.9m, but the company's CEO said the worst of the recession could be over.
Iconix inks Ecko deal
US: Iconix to acquire 51% of Ecko Brands for $63.5m
Apparel firm Iconix Brand Group has signed a definitive agreement to acquire a controlling interest in the Ecko portfolio of brands for $63.5m.
Versace cutbacks
INSIGHT: Versace cuts jobs as luxury downturn bites
Italian fashion house Versace Group has confirmed to just-style that it is cutting 350 jobs - around a quarter of its worldwide workforce - as it struggles to cope with the slowdown in spending on luxury items.
Hanesbrands boosts profit
INSIGHT: Hanesbrands' enviable three-card trick
Apparel group Hanesbrands posted a 153% surge in third quarter profit to US$41.1m, driven by lower expenses and cost reduction initiatives.
Earthkeepers buoys Timberland
INSIGHT: Earthkeepers central to Timberland growth plan
The Timberland Company is hoping its Earthkeepers range of recyclable shoes can help it climb towards consistent and sustainable top-line growth, after reporting broadly flat third quarter revenues this week.
Article tags: Iconix, Versace, Hanesbrands, VF Corporation, Timberland, The Timberland Company