For the second year in a row, it seems consumers are being more restrained when it comes to back-to-school shopping. But with new fashions,...
Slow store traffic and declining sales have become a common theme for US teen apparel retailers, resulting in brands closing stores and chan...
As the threat of a US West Coast port shutdown looms, analysts already estimate the ongoing disruption could add an eye-watering US$36.9bn to costs over the next 24 months. As the congestion continues to cause headwinds for apparel businesses, retailers are being told they must investigate new supply chain options, including more near- and on-shoring.
Where once retailers invested in e-commerce as an extension of their physical stores, an acceleration in shopping online means they are now seeking a sustainable balance between the two - in addition to adapting their supply chains in order not to lose out.
Improved supply chain capabilities and omni-channel improvements will be a key driver of near-term profits for US retailers, with investment shifting from stores to IT.
The popularity of fast fashion retailers such as Forever 21, H&M and Zara has changed the way consumers shop for value on a global basis. And according to new research, continued expansion of these concepts is likely to put more pressure on speciality retailers in the US - particularly those in the teen space.
Hot on the heels of expanding its Dockers brand license agreement with Levi Strauss & Co for the third time in four months, Hampshire Group CEO Paul Buxbaum is optimistic the company turnaround is starting to take hold. Here he talks to just-style about new opportunities and on-going efforts to leverage the firm's supply chain.
With apparel manufacturing operations bridging the Dominican Republic and neighbouring Haiti, Grupo M's co-production model is an exemplary example of trade preferences in action. Here company founder and president Fernando Capellán tells just-style about the opportunities that lie ahead.
Aéropostale will reopen around 500 of its store across the US this week as the troubled US teen apparel retailer kicks of a new marketing campaign showcasing a new positioning under new owner Authentic Brands Group (ABG).
Bankrupt US teen apparel retailer Aeropostale, which expected to shutter all of its 720 US stores, will now keep 400 open thanks to an "11th-hour" deal with several mall owners.
A consortium of retail operators has finalised the acquisition of US teen apparel retailer Aeropostale, in a deal understood to be valued at around US$243.3m.
A consortium of retail operators has successfully bid for US teen apparel retailer Aeropostale in a deal understood to be valued at around US$243.3m.
Authentic Brands Group (ABG), owner of Juicy Couture and Jones New York, is understood to have teamed up with landlords and liquidators to make a joint bid for struggling teen retailer Aeropostale.
Struggling teen apparel retailer Aeropostale has "wasted millions" going through bankruptcy, continues to operate a "still-deteriorating business" and should not be allowed to continue with its Chapter 11 plan, its creditor has said.
Private-equity investor Versa Capital is understood to be considering making a bid for struggling teen apparel retailer Aeropostale.
Aéropostale has filed litigation against private equity firm Sycamore Partners and its affiliates, saying it continues to believe they engaged in "significant bad acts" that forced the teen apparel retailer into bankruptcy.
Struggling teen apparel retailer Aeropostale is understood to be planning a sale of its assets at an upcoming auction rather than attempting to reorganise on a standalone basis.
Aeropostale has widened its net losses in the first quarter as a result of declining mall traffic, a highly promotional and competitive retail environment, and changing consumer tastes.
Aeropostale has won approval of US$160m in financing that may help the bankrupt US fashion retailer stay in business and complete its restructuring.
Struggling teen apparel retailer Aeropostale has filed for bankruptcy protection with plans to initially close around 154 stores in the US and Canada.
Struggling teen apparel retailer Aeropostale has been delisted by the New York Stock Exchange (NYSE) due to its "abnormally low" trading price, amid reports it is preparing to file for Chapter 11 bankruptcy proceedings.
In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance.
Struggling teen apparel retailer Aeropostale has revealed it is exploring strategic options, which could include a sale or restructuring, and is involved in a supplier dispute which is disrupting the supply of some merchandise.
US teen apparel retailer Aeropostale has said it will not be de-listed from the New York Stock Exchange after the firm's plan for continued listing was accepted.
US teen apparel retailer Aeropostale is to implement an "aggressive" new cost reduction programme that will result in the loss of 100 jobs as it looks to return to profitability.
In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings.
US casual apparel retailer Aeropostale has signed two licensing deals that will see it expand in the Asia and the EMEA region, opening stores in Thailand and Egypt over the next five years.
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black.
First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.
Teen apparel retailer Aeropostale Inc is parting company with executive vice president Emilia Fabricant – in a move described by one analyst as “not surprising.”
Major global brands and retailers that source clothing from Cambodia issued a stark warning last week that ongoing political instability, and alleged human rights violations could hurt future growth, and put the country's status as a strategic sourcing market at risk.
A more sustainable fashion industry requires complete transparency and control over every aspect of production, according to the third biennial Copenhagen Fashion Summit.
- "Power of the many" drives change at Otto Group
- Hard hit Turkish industry is not knocked out
- China leads US apparel sources with falling prices
- US apparel sector braces for potential cost hikes
- Vietnam grows share of US apparel imports in 2016
- US Q4 in brief – Foot Locker, Nordstrom, Carter's
- JC Penney to close 140 stores amid lower sales
- Inditex and H&M boycott Dhaka Apparel Summit
- Macy's will "do the right thing", says Lundgren
- Bangladesh government steps in on labour crackdown
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022