US retail giant Gap Inc has said it remains bullish on its long-term growth prospects in China despite the yuan deflation, while also reveal...
July proved to be a difficult month for the apparel chains reporting monthly sales, with several hurt by tax holiday shifts in some southern...
| 11 Aug 2015
July proved to be a difficult month for the apparel chains reporting monthly sales, with several hurt by tax holiday shifts in some southern states into August from July last year. As a result, retailers are not heading into the key back-to-school selling season with much momentum.
| 10 Jul 2015
An improving US labour market, rising consumer confidence and higher wages were not enough to spark a significant break-out in spending in June, with half of the clothing chains reporting monthly comparable store sales seeing lower or flat trends.
| 30 Jun 2015
The latest string of financial reports paint a very dull picture for the mid-market fashion industry in the US, writes Bernadette Kissane, apparel and footwear analyst at Euromonitor International. In particular, she asks, can the all-American Gap brand reclaim its iconic status?
| 18 Jun 2015
A new approach to product development – dubbed ‘Product 3.0’ – underpinned by a responsive and seamless supply chain, is at the heart of plans to turnaround the Gap brand.
| 25 Sep 2014
Building the business for long-term growth, but also ensuring that the company has a strong local supply chain in place to deliver on its goals, are among the challenges faced by Andrew Lo, CEO of Hong Kong based Crystal Group, as he continues to build the capacity and competitiveness of one of Asia's largest garment manufacturers.
| 26 Jul 2011
TAL Apparel, one of the world's leading garment suppliers, has turned the threat of inflation across the supply chain into an opportunity to do things differently. Here CEO Dr Harry Lee tells just-style how the Hong Kong based firm's long-time focus on efficiency, sustainable development, and added value is helping to combat rising costs and set it apart from the competition.
| 25 Aug 2015
Tumbling markets and economic uncertainty in China could deliver a tough blow to several specialty retail and apparel companies - with the biggest risks including China revenue exposure and a potentially slower economy driving lower consumer spending, one analyst has suggested.
| 21 Aug 2015
Gap Inc remains a group of “mixed fortunes”, according to one analyst, after the US retail giant reported a double-digit decline in second-quarter net profit, but said it remains confident of improved business performance.
| 11 Aug 2015
US apparel giant Gap Inc has forecast for second-quarter EPS below analyst estimates as it revealed lower net and comparable store sales.
| 10 Jul 2015
Weak sales at Gap Inc's namesake brand during the month of June are likely to lead to further discounting as the retailer tries to eliminate inventory build-up, analysts say.
| 16 Jun 2015
US clothing retailer Gap Inc is to shutter 175 of its namesake stores in the US and axe 250 head office jobs as it tries to increase profitability and speed decision-making at the struggling brand.
| 15 Jun 2015
Retailer Gap Inc has hired two industry veterans, including the former chief merchandising officer at Uniqlo, as it works to improve the design and performance of its namesake brand.
| 5 Jun 2015
Gap Inc’s namesake brand is “still a drag” on the US clothing giant’s overall performance, one analyst has said, after the label posted its 13th consecutive monthly decline in comparable store sales.
| 24 Apr 2015
Gap Inc is "not close" to finding the right formula to turn around its namesake brand’s fortunes in the US market, an analyst believes.
| 10 Apr 2015
Even though Gap Inc's namesake brand posted its 11th consecutive comparable store sales decline in March, one analyst is "encouraged" after the retail giant booked an overall increase during the month.
| 2 Mar 2015
Gap Inc has named a new head of design and product development for its namesake brand, after the unit continued to weigh on the company's sales during the fourth-quarter.
| 11 Feb 2015
The need for change at Gap Inc's namesake brand is “evident”, one analyst has said, after the struggling label weighed on the retail giant's fourth-quarter and January sales performance.
| 30 Jan 2015
US retail giant Gap Inc has made a number of key leadership changes that it hopes will intensify the brand’s customer focus, but will see the removal of creative director role Rebekka Bay.
| 26 Jan 2015
US clothing giant Gap is to close its Piperlime fashion brand in order to focus on its core portfolio.
| 9 Jan 2015
Gap Inc will see its namesake brand continue to weigh on the retailer's results in the near term, analysts believe, after the US clothing giant saw December comparable store sales climb 1%.
| 8 Dec 2014
French fashion brand Lacoste has become the latest company to end the use of angora in its future clothing and accessories collections.
| 5 Dec 2014
Gap Inc's namesake brand will continue to weigh on the US clothing giant's performance during the holiday season, one analyst believes, despite it posting November comparable store sales growth.
| 4 Dec 2014
Tau Investment Management is partnering with clothing giant Gap Inc to promote "best-in-class" innovations and support the development of more sustainable, efficient and improved garment factories and mills across Southeast Asia.
| 27 Nov 2014
Gap's Old Navy has come under fire over allegations it charges extra for women's plus-size clothing, but not for men's.
| 21 Nov 2014
US clothing giant Gap Inc has shaken up its management team by promoting two executives to lead its namesake and Banana Republic brands globally, after booking an increase in third-quarter net profit.
| 20 Nov 2014
Finnish fashion and textile business Marimekko Group said its third-quarter was a "step in the right direction" after booking an increase in earnings and sales.
| 14 Nov 2014
Last month's leadership change at US retail giant Gap Inc was widely seen as indicative of the company's transition to a more digital focused business model - but is likely to be just the tip of the iceberg as more and more retailers line up CEOs who combine digital savvy with a global mindset.
| 7 Nov 2014
Apparel giant Gap Inc has done a U-turn on its third-quarter gross margin forecast, saying it is now likely to be better than previously expected.
| 13 Oct 2014
If evidence is needed as to the new direction likely to be pursued by US retail giant Gap Inc, look no further than the company's new leadership change. It was revealed last week that CEO Glenn Murphy is to step down in February, making way for Art Peck, the head of Gap's digital division.
| 9 Sep 2014
US retail giant Gap Inc has made no secret of the fact that it faced - and continues to face - a number of compliance issues linked to its decision to start sourcing garments from Myanmar/Burma.
- The new age of disruption on apparel production
- Yuan devaluation impact mixed for garment firms
- Will Vietnam struggle with impending trade deals?
- China devaluation: what’s the big deal?
- Nicaragua apparel and shoe firms to double in size
- US Q2 in brief: J Crew, Aeropostale, Bebe Stores
- Adidas seeking to resolve shoe supplier dispute
- Stock-out paradox persists despite data overload
- New fabric protection with battlefield beginnings
- Luen Thai to continue investment in Vietnam
- Global Database of the Top 1000 Apparel Producers - Company Names, Financial Performance, and Contact Details
- Myanmar's Garment Sector in 2015 - now with updated members' directory
- Ethiopia – the emerging textile and clothing industry
- Global market review of lingerie - forecasts to 2020
- Global market review of swimwear - forecasts to 2019