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FRANCE: LVMH FY profit breaks EUR5bn barrier

3 February 2012

Double-digit growth for its fashion and leather goods brands helped luxury powerhouse LVMH Moët Hennessy Louis Vuitton to record full-year net profits of EUR5.26bn in 2011.

UK: BFC chairman Tillman extends term

23 January 2012

Harold Tillman CBE is set to become the longest-serving chairman of the British Fashion Council (BFC) after his term was extended for another 12 months.

UK: Burberry records 21% hike in Q3 sales

17 January 2012

Luxury fashion brand Burberry today (17 January) attributed a rise in third-quarter sales to strong growth in key markets like the UK, France and China.

ITALY: Prada books 75% jump in nine-month profit

30 November 2011

Prada has reported a 75% jump in net profit in the first nine-months of the year as margins improved on the back of a shift towards retail, a better markdown strategy and improved scale and manufacturing efficiencies.

China expansion not without its challenges

25 November 2011

Gap's plans to triple its store network in China next year are hardly surprising given the country's booming consumer market, demand for western brands and, of course, the retailer's own strategic focus on global growth. But it admits the move is not without challenges.

UK: Global growth lifts Burberry H1 profit by 41%

15 November 2011

Burberry has reported a 41% hike in first-half net profit, helped by strong sales growth and international expansion.

Interview: Elle Roseby, CEO, Sportsgirl

7 November 2011

Trendy Australian fashion retailer Sportsgirl has spent the last five years working to establish a presence in all areas of its customers' lives. CEO Elle Roseby spoke to Petah Marian about how the 63-year-old brand has managed to remain relevant for its internet-savvy shoppers.

India's luxury clothing market starting to take off

13 October 2011

The Indian luxury apparel market is starting to take off and major international brands are preparing to exploit the opportunities, a New Delhi conference was told this week. But while the government is considering lifting the limit on foreign direct investment in single brand retail, its suggestion that firms also make India a sourcing hub was not so enthusiastically received.

UK: Burberry H1 sales surge up 30%

12 October 2011

Luxury company Burberry Group has posted a 30% underlying sales rise in the first half of the fiscal year, boosted by undimmed demand in flagship and emerging markets.

UK: Retailers urged to take action to end sweatshops

16 September 2011

Campaigners are using the start of London Fashion Week to step up calls for high street retailers to take more action to end poverty pay for overseas workers.

Top stories on just-style this week...

16 September 2011

Research that luxury fashion sales are being propelled by average consumers, brands boycotting Uzbek cotten harvested using forced child labour and ongoing talks around the Trans Pacific Partnership (TPP) trade pact were among the most read stories on just-style this week.

WORLD: Apparel firms join Uzbek cotton ban

12 September 2011

More than 60 of the world's best known apparel companies and brands, including Adidas, Burberry, C&A, Levi Strauss, Li & Fung, Liz Claiborne, PVH Corp and Wal-Mart Stores, have vowed not to source Uzbek cotton harvested using forced child labour.

just-style management briefing: 3D technology in the fashion business

1 September 2011

With 3D technology selling movies and electronics, it only makes sense that fashion is also focusing on this cutting edge trend. Certain brands are exploring ways in which 3D technology can enhance everything from couture shows to advertisements to e-business; but while the drive for innovation is there, some industry experts say the technology still has a way to go before online fitting rooms are mainstream.

UK: Ben Sherman hires commercial director from Burberry

15 August 2011

Ben Sherman has poached Burberry's director of menswear, Adrian Ward-Rees, and has appointed him as its new commercial director.

Speaking with style: Dr Harry Lee, CEO of TAL Apparel

26 July 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.

Retail expansion: which strategies work best?

21 July 2011

Faced with constant pressure to expand their businesses, fashion brands and retailers have a number of choices: they can add new merchandise lines, target customers at new price points or in new geographical markets, or attempt all three. But what is the best strategy? A new report from just-style offers advice to apparel brand managers wanting to breath new life into existing portfolios.

UK: Burberry rejects listing amid Q1 revenue surge

13 July 2011

Luxury apparel and accessories group Burberry has dismissed the idea of a public listing in Hong Kong after posting another notable surge in revenues during the company’s first quarter.

CANADA: Louis Vuitton, Burberry win record damages

7 July 2011

Luxury goods brands Louis Vuitton and Burberry won record damages of CAD2.5m (US$2.6m) in a “landmark” counterfeiting and copyright case in Canada.

Global news roundup

1 July 2011

The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.

Sizing workshop measures up consumer needs

17 June 2011

Experts in fashion sizing believe that providing the right fit is growing in importance, as consumers demand more for their money.

VIETNAM: Lagardere Active expands into Vietnam

14 June 2011

Phuoc Long Joint Stock Co (PLI) has signed a licensing agreement with French manufacturer Lagardere Active to produce and sell its fashion brand Elle in Vietnam.

UK: Message campaign targets 'Killer Jeans'

1 June 2011

Ethical campaigners are targeting apparel brands including Dolce & Gabbana and Armani with a “secret message” campaign designed to highlight the health risks of sandblasted jeans.

just-style management briefing: BRICM countries offer new retail potential

1 June 2011

The BRICM countries (Brazil, Russia, India, China and Mexico) have long been regarded as sources of cheap quality fabrics and clothes. But as they grow wealthier they are increasingly being regarded as vital international export markets too.

Burberry full-year results: what the analysts say

26 May 2011

Luxury fashion firm Burberry has today (26 May) booked strong profit and sales growth for fiscal 2010/11 and indicated it will invest heavily in its stores this year.

UK: Burberry FY profits soar 38%

26 May 2011

Luxury goods giant Burberry has booked a 38% hike in full-year profit, on the back of strong sales of items such as handbags, jewellery and shoes and growth in China.

The week ahead on just-style...

23 May 2011

Taking a look at the week ahead for the footwear and apparel industry, here is a snapshot of just-style's latest news and insights agenda.

UK: Burberry buoyant as FY ends on a high

19 April 2011

Luxury fashion house Burberry Group Plc today (19 April) said it expects full-year pre-tax profit to be at the top end of market expectations after booking a bumper end to its financial year.

The week ahead on just-style...

18 April 2011

Taking a look at the week ahead for the footwear and apparel industry, here is a snapshot of just-style's latest news and insights agenda.

Japan earthquake: apparel industry impact

21 March 2011

In the wake of the massive earthquake, tsunami and nuclear power plant explosions which have devastated many areas in the north of Japan, first thoughts are of course with the millions of people caught up in the tragedy. But there is a commercial cost to be considered too - including its possible impact on the apparel industry.

UK: Mulberry lifts FY view on strong festive sales

21 January 2011

British luxury fashion group Mulberry today (21 January) said its full year results are set to be better than expected after like-for-like sales in its own stores soared 70% over the key Christmas period.

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