In the money
A regular in-depth analysis prompted by what’s happening in the financial world and how it impacts on the apparel and footwear supply chain from manufacturing to retail.
In the money: First plans emerge from new JC Penney CEO
17 May 2013
Mike 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.
In the money: Gildan sees growth with brands concerned on safety
9 May 2013
Canadian T-shirt and sock maker Gildan Activewear is looking to grow its supply base and expand its relationships with global brands concerned about safety and other social responsibility issues at sub-contractors making their clothes.
In the money: Cold weather and spring fashion cools Jones Group
3 May 2013
The Jones Group has admitted that the cold weather during the second quarter had a "very negative" impact on the company's performance, and that it also faced challenges in its sportswear division.
In the money: Falling jeanswear costs boost VF
30 April 2013
A positive first quarter for VF Corporation – net profit surged up 25% on last year – was marked by strong performance for The North Face and Vans, and improving margins as jeanswear costs fell.
In the money: Under Armour focuses on sourcing and demand
22 April 2013
Sportswear firm Under Armour has revealed that it has begun sourcing its Fleece products from higher cost suppliers after facing delivery issues last year.
In the money: Burberry works to mitigate macroeconomic environment
17 April 2013
Luxury brand Burberry is working to "control the things it can control" as luxury footfall declines amid macroeconomic uncertainty around the world.
In the money: Lululemon continues investigation into sheer trousers
22 March 2013
Lululemon Athletica is still investigating how a line of sheerer than expected black Luon products made it into stores.
In the money: Maidenform reveals restructuring plans
8 March 2013
Intimate apparel maker Maidenform Brands has revealed plans to dispose of its unprofitable operations and reduce the number of products it offers as it works to build its namesake line.
In the money: Gap improves offer on faster speed to market
1 March 2013
Gap is making huge strides in becoming more responsive to what its customers really want, with a new "less is more" philosophy combining with improved speed to market so that it is able to take fewer risks with its assortment.
In the money: JC Penney in promotions U-turn
1 March 2013
US department store operator JC Penney has been forced to abandon a central part of its turnaround plans after the strategy failed to gain traction with consumers.
In the money: Will Esprit fail in its turnaround efforts?
28 February 2013
Esprit's plans to rejuvenate its brand have been described as a "total calamitous failure" by one analyst after the fashion retailer's turnaround efforts yet again failed to gain traction.
In the Money: Fifth & Pacific shifts Juicy Couture fashion focus
25 February 2013
Fifth & Pacific has no plans to take the struggling Juicy Couture brand downmarket as part of efforts to turnaround the business, and instead says it will focus on its own stores and productivity.
In the money: Wal-Mart apparel turnaround efforts gain traction
22 February 2013
Wal-Mart has revealed that its efforts to turn around its apparel business is starting to gain traction after reporting its first full-year of positive comparable apparel sales in the US in seven years.
In the money: VF moderates short term growth aspirations
18 February 2013
Apparel maker VF Corp has admitted revenue in the year ahead is likely to fall short of long-term expectations, with performance hindered by unseasonably warm weather affecting sales of the North Face brand combined with weak economic conditions in Europe.
In the money: Gildan Activewear to ramp up performance wear
8 February 2013
Gildan Activewear is considering ramping up the production of performance wear at a factory it acquired in May last year.
In the money: Hanesbrands eyes acquisitions to drive growth
7 February 2013
Hanesbrands chairman and CEO Richard Noll has revealed that the apparel company may look to invest in acquisitions to drive growth and strengthen its business portfolio.
In the money: Innovation boosts growth at Under Armour
4 February 2013
Performance apparel and footwear maker Under Armour attributed its fourth-quarter profit growth to innovation and product expansion - and said this focus on innovation is set to continue in 2013.
In the money: H&M ramps up investment in online, new stores
31 January 2013
Swedish fashion retailer H&M Hennes & Maurtiz is planning to ramp up investment in its systems and new stores in 2013.
In the money: Headwinds cause Coach to be cautious
28 January 2013
Footwear, handbags and accessories retailer Coach Inc has said it remains cautious in its outlook after a tough holiday season and the impact of Hurricane Sandy weighed on second-quarter sales in North America.
In the money: Pressure mounts on M&S as clothing sales fall
11 January 2013
Marks & Spencer chief executive Mark Bolland has come up against increasing pressure after the retailer delivered worse-than-expected third-quarter results with general merchandise taking the majority of the hit.
