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UK: Paul Smith returns to China

17 May 2012

UK fashion firm Paul Smith will re-enter China later this year with plans to open at least 24 stores over the next five years.

US: Maidenform Brands Q1 net profit plummets

9 May 2012

Intimate apparel company Maidenform Brands said its outlook for the year "remains on track", despite posting a 59.7% decline in net first-quarter net profits.

US: Maidenform swings to fourth-quarter loss

8 March 2012

Maidenform has swung to a fourth-quarter loss as margins were hit by product discontinuations and other costs.

FRANCE: Children Worldwide Fashion to axe 169 jobs

13 February 2012

Children Worldwide Fashion (CWF), which makes luxury children's apparel under license for a number of leading brands, is to axe 149 jobs out of total workforce of around 400 at its HQ in Herbiers, in western France, as part of a restructuring programme.

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.

just-style management briefing: Manufacturing winners and losers in 2011

19 December 2011

Established skills and tradition were not enough to save some apparel makers from layoffs and factory closures in 2011. But acquisitions, an environmental focus and international expansion helped others to build on a solid recovery from the recession.

NICARAGUA: Nike and Adidas expand supplier base

16 December 2011

Adidas sportswear supplier Augusta Manufacturing is investing $5m at its factory in Nicaragua to create 500 jobs by the end of this year, and expects to double its workforce in 2012.

Slimmer Liz Claiborne to trim corporate costs

10 November 2011

The new slimmed-down Liz Claiborne Inc, which in recent months has sold several under-performing brands including Mexx and its namesake Liz Claiborne label, has admitted it will also have to trim its corporate costs in line with its smaller footprint - but that an investment in new IT systems is also on the cards.

US: Liz Claiborne reaffirms FY despite wider Q3 loss

9 November 2011

Apparel seller Liz Claiborne Inc, which in recent months has sold several under-performing brands including Mexx and its namesake Liz Claiborne line, has reaffirmed its full-year targets despite seeing its third quarter loss widen.

US: Liz Claiborne completes Mexx sale

2 November 2011

Liz Claiborne has completed the sale of its Mexx division to a joint venture with private-equity firm the Gores Group.

US: Liz Claiborne completes sale of Kensie brands

25 October 2011

Liz Claiborne Inc has completed the sale of its Kensie, Kensiegirl and Mac & Jac brands to affiliates of Bluestar Alliance, as part of a wider brand sell-off announced earlier this month.

FRANCE: LVMH records 9-month sales jump

18 October 2011

Luxury goods group LVMH Moët Hennessy - Louis Vuitton has recorded a jump in nine-month sales and said the results confirm its confidence in the rest of the year.

US: Donna Karan selects RLM fashion enterprise tool

18 October 2011

Luxury firm Donna Karan International is replacing its existing business system with the fashion enterprise solution from RLM Apparel Software Systems to streamline and increase visibility into its global operations.

VIEWPOINT: Has Liz Claiborne reached a turning point?

13 October 2011

Five years after taking the helm at Liz Claiborne Inc, it's hard to see exactly what William McComb has achieved. Sales are down, last year it could only muster a loss of $305.7m, and nearly one-quarter of its heyday brands have gone. But yesterday the company was confident it had finally reached a critical turning point.

US: DKNY taps Perry Ellis exec to lead jeans unit

13 October 2011

Following on from yesterday's news that Liz Claiborne Inc is to surrender its license for the DKNY Jeans and DKNY Active businesses one year ahead of schedule, Donna Karan International (DKI) says it now plans to ramp up the jeans unit's growth.

US: Liz Claiborne to change name amid $328m brand sale

12 October 2011

Struggling apparel firm Liz Claiborne Inc is to shed more brands, including its namesake line, for $328m as part of ongoing attempts to reduce its long-term debt, and will change its name as the business refocuses on three core brands.

SINGAPORE: LVMH invests $125.6m in crocodile leather firm

10 October 2011

Luxury goods group LVMH Moët Hennessy - Louis Vuitton is to buy Singapore-listed Heng Long International Ltd, one of the world's leading suppliers of crocodile leather, for SGD160.8m (US$125.6m).

FRANCE: Hermes family protects itself from LVMH advance

16 September 2011

A French court has given Hermes permission to create a controlling family holding in order to ward off advances from rival LVMH.

Ten steps taken to turnaround Liz Claiborne

8 September 2011

Apparel seller Liz Claiborne Inc has spent the best part of the last four years trying to reduce its long-term debt and bring expenses in line with weak sales and consolidation of its department store customers. Measures have included the axing of thousands of global jobs, and the disposal of at least 14 brands - the most recent of which was its loss-making Mexx business. Here just-style charts its turnaround efforts so far.

US: Timberland inks kids' wear license with Parigi

11 August 2011

Outdoor apparel and footwear firm Timberland has inked a licensing deal with Parigi Group to expand its children's clothing to the US.

ITALY: Regulator approves LVMH offer for Bulgari

5 August 2011

French luxury group LVMH said Italian regulator Consob has approved its offer for shares in Italian rival Bulgari.

US: Liz Claiborne reaffirms outlook as Q2 losses widen

29 July 2011

Despite booking a wider loss in its second quarter, apparel seller Liz Claiborne Inc has reaffirmed its full-year targets thanks to climbing sales at its Juicy Couture, Kate Spade and Lucky Brand labels.

FRANCE: LVMH H1 profit up 25% after revenue surge

27 July 2011

LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury goods business, recorded a 25% surge in first half net profit, boosted by a double-digit revenue increase.

FRANCE: LVMH denies higher price for Bulgari buy

26 July 2011

French luxury group LVMH has denied media reports it may have to increase its offer for outstanding shares in Italian rival Bulgari.

FRANCE: Opening Ceremony founders to lead design at Kenzo

12 July 2011

Luxury group LVMH Moet Hennessy-Louis Vuitton has named Humberto Leon and Carol Lim - the duo behind the Opening Ceremony fashion and retail concept - as creative directors of its Kenzo fashion brand.

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.

EU clears LVMH takeover of Bulgari

30 June 2011

The European Commission has cleared the way for French luxury group LVMH to buy its Italian rival Bulgari after deciding the deal would not have a negative impact on the market.

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.

US: Donna Karan chooses software from Maple Lake

10 June 2011

Luxury fashion retailer The Donna Karan Co is implementing two software solutions packages from Maple Lake.

FRANCE: LVMH sees Q2 sales surge 17%

19 April 2011

Luxury goods group LVMH Moët Hennessy Louis Vuitton has posted a 17% rise in first quarter sales thanks to double-digit growth across its business.

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Liz Claiborne, Inc. (LIZ) - Financial and Strategic Analysis Review

Liz Claiborne, Inc. (Liz Claiborne) is engaged in designing and marketing of a global portfolio of retail based premium brands. Its products include branded women's and men's apparel, accessories, and fragrance products. The company's products are sold under Juicy Couture, Kate Spade, Lucky Brand Jeans and Mexx brands. It also offers various department store based branded products which include Liz Claiborne and Monet families of brands, the licensed DKNY Jeans and DKNY Active brands with strong consumer franchise. It also offers cosmetics and fragrances. The company operates in various countries of the world, spread across the five continents.

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