The latest string of financial reports paint a very dull picture for the mid-market fashion industry in the US, writes Bernadette Kissane, a...
A new approach to product development – dubbed ‘Product 3.0’ – underpinned by a responsive and seamless supply chain, is at the heart of pla...
| 27 May 2015
While new Gap Inc CEO Art Peck has a laser focus on fixing the Gap brand’s woes, finding the right formula is proving elusive. Indeed, a turnaround is not now expected until mid-2016, with the spring season seen as a “no excuses moment.”
| 12 May 2015
A shift in the timing of Easter, coupled with the lingering adverse effects of the West Coast port delays, as well as an economic soft patch in the first quarter, led to the majority of US apparel retailers recording comparable store sales declines in April.
| 10 Apr 2015
While the earlier Easter this year helped the majority of US apparel retailers to book comparable store sales growth in March, adverse weather conditions, an economic soft patch during the first quarter, and lingering effects of the West Coast ports labour dispute weighed on overall results.
| 6 Mar 2015
US apparel retailers reported mixed comparable store sales in February, as significant headwinds including extreme winter weather, additional costs and delays from the West Coast ports slowdown, foreign exchange rates and higher gas prices all weighed on results.
| 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.
| 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.
| 6 Nov 2014
US retail giant Gap Inc is to accelerate growth plans for its namesake and Old Navy brands in Greater China, as it prepares to open its 100th Gap store in the market next month.
| 29 Oct 2014
UK apparel and accessories retailer Monsoon Accessorize has become the latest company to end the use of angora in its future clothing and accessories collections.
| 24 Oct 2014
Hong Kong based manufacturing giant Crystal Group has stepped up its efforts to disclose greenhouse gas emissions by becoming one of just two unlisted companies taking part in a climate change questionnaire.
| 24 Oct 2014
US clothing retailer Gap Inc is to open its first Old Navy Stores in the Middle East through a deal with franchisees Fawaz A Alhokair & Co and Azadea.
| 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.
- Nike reaffirms US production commitment
- M&S to launch supply chain human rights policy
- Levi Strauss raises the bar on sustainability
- Gap and H&M back Myanmar path to labour reform
- VF pushes ahead on chemicals management
- Myanmar minimum wage set at US$3.2 per day
- China cotton stockpile auction may shake up market
- Far Eastern to invest $323m in Vietnam textile hub
- Over 8,000 children in Delhi garment industry
- US retail landscape "mediocre" over next 5 years