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US: Carter's Q1 profit rises on higher sales

26 April 2013

Children's wear manufacturer Carter's has today (25 April) seen its first-quarter net profit surge 28.3% on the back of higher retail and online sales.

US: Carter's in infant zip-up clothing recall

12 April 2013

US children's wear maker Carter's has recalled 218,000 pieces of infant clothing because the zipper pull can detach, posing a choking risk to young children.

PSF 2013: Apparel production bases constantly evolving

3 April 2013

Consensus among industry executives seems clear that China's many advantages mean it will continue to be key to apparel sourcing strategies - despite its rising prices, labour issues, and government policy that is increasingly unfriendly towards low value industries. But the search goes on for alternatives.

PSF 2013: Unlocking the value of the supply chain

3 April 2013

As retailers struggle to differentiate themselves from their peers, and have little room to manoeuvre when it comes to mark-ups and markdowns, there's a growing awareness that the supply chain can contribute to improved efficiency and a competitive edge.

HONG KONG: Prime Source Forum returns for sourcing debate

14 March 2013

Senior executives from across the apparel industry and its supply chain will be heading to Hong Kong later this month for the annual Prime Source Forum.

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.

US: Carter's Q4 profit surges 40%

27 February 2013

Children's wear maker Carter's has reported a 40% increase in fourth-quarter profit, driven by rising sales of products sold under its namesake brand.

US: Ex-Carter's exec pleads guilty to insider trading

19 December 2012

The former head of investor relations for children's wear company Carter's Inc faces up to 25 years in prison and a fine of up to $250,000 after pleading guilty to an insider trading conspiracy.

US: Carter's names new president, international head

18 December 2012

Children's wear maker Carter's Inc is strengthening its leadership team with the appointment of a new president, a head of international operations, and a retail operations boss.

Top 10 Black Friday deals on clothing and footwear

23 November 2012

US retailers are pulling out all the stops to lure shoppers in-store and online this weekend, kicking off the holiday shopping season by opening their doors early on Black Friday - the day after Thanksgiving.

Global: Brands accused of "fuelling modern-day slavery"

20 November 2012

A number of major clothing brands have been accused of "fuelling modern-day slavery" through their failure to address child and forced labour in their supply chains, according to a report released by the Not For Sale campaign.

BANGLADESH: Buyers assess apparel sourcing opportunities

12 November 2012

A group of buyers representing some 20 global brands and retailers is this week visiting Bangladesh as part of a wider regional tour to explore sourcing alternatives to China.

US: Third ex-Carter's exec charged with insider trading

8 November 2012

The former head of investor relations for children's wear company Carter's, Eric Martin, has been charged by a federal grand jury around an insider trading scheme, the company's third former executive to be charged with insider trading.

US: Carter's lifts FY outlook after strong Q3 profit

26 October 2012

US children's apparel specialist Carter's has lifted its full-year guidance after recording a 72.4% surge in third-quarter profits, helped by strong international demand.

US: Carter's to move Shelton operations to Atlanta

12 October 2012

Children's wear maker Carter's has revealed it will relocate its Shelton-based retail store in Connecticut and financial operations to its Atlanta headquarters in Georgia to support growth plans.

US: Carter's Q2 profit boosted by international sales

25 July 2012

US children's apparel specialist Carter's saw its second quarter net profit jump on the back of increased international sales.

US: Carter's lifts FY forecast as Q1 profit edges up

26 April 2012

Children's and baby apparel company Carter's has today (26 April) posted a rise in first-quarter net profit, as a result of increased retail and international sales.

US: Carter's to open $50m distribution centre

5 April 2012

US children's apparel specialist Carter's is investing more than US$50m to set up a new multi-channel distribution centre in Braselton, Georgia.

US: Former Carter's president charged with fraud

21 March 2012

The former president of Carter's Inc has been charged with a multi-million dollar securities fraud cover-up at the children's clothing maker between 2004 and December 2009.

US: Carter's Q4 profit down on acquisition costs

1 March 2012

Children's wear company Carters saw fourth-quarter profits slip as higher cotton prices and acquisition expenses offset rising sales.

US: Weeplay Kids recalls 128,000 infant bodysuits

6 February 2012

Children's wear company Weeplay Kids is recalling around 128,000 infant bodysuits because of the risk of snaps becoming detached from the fabric of the garment, posing a choking hazard to young children.

US: Carter’s Q3 profit down as cotton costs rise

28 October 2011

Children’s and baby apparel company Carter’s recorded a 20% drop in third quarter profit, impacted by higher cotton prices despite a 23.5% sales surge.

Top stories on just-style this week...

30 September 2011

A forecast for apparel price rises over the next two decades, Reebok paying $25m in customer refunds over claims made for its toning footwear, and the loss of up to 500 jobs at dyes and chemicals maker Huntsman Textile Effects, were among the most-read stories on just-style this week.

US: Former Carter's exec charged with fraud

28 September 2011

A former executive vice president of Carter's Inc has been charged with financial fraud and insider trading at the children's clothing maker between 2004 and March 2009.

US: High cotton costs hurt Carter's Q2 profit

29 July 2011

Children's wear retailer Carter's Inc has seen its second-quarter profit fall by more than one-third as higher cotton prices offset a rise in sales across its business.

CANADA: Carter’s to acquire Bonnie Togs for US$98m

22 June 2011

US children’s apparel specialist Carter’s has agreed to acquire Canadian licensee Bonnie Togs in a deal worth up to US$98m.

just-style’s research roundup

11 April 2011

Emerging children's wear markets are among the latest research in the just-style store, with future problems, innovations and potential growth areas all discussed.

US: Carter's warns on costs as Q4 profit up 5.8%

3 March 2011

Strong wholesale and retail demand for its Carter's and OshKosh B'gosh brands has helped Carter's Inc to a 5.8% rise in fourth quarter profit - but the children's wear maker warned that higher product costs are likely to dent earnings in the year ahead.

US: Former Carter’s exec charged with fraud

21 December 2010

A former executive at kids’ clothing maker Carter’s Inc has been charged with fraud and insider trading by the Securities and Exchange Commission (SEC).

US: Carter’s warns of rising costs after Q3 profit

29 October 2010

Baby and young child apparel group Carter’s warned that the impact of cotton price rises would hit future earnings, after reporting a slight profit increase during the third quarter.

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