JC Penney Company Inc
US department store retailer JC Penney has said it will continue to focus on enhancing the efficiency of its supply chain as one of a number...
As safety improvements at Bangladesh garment factories move from inspections to remediation, stakeholders warn the hard work is just beginni...
| 17 Dec 2014
Macro factors, particularly in the US and Europe, have created a somewhat challenging environment for retailers in 2014. Many succumbed to heavy promotional activity in order to keep sales up. Subsequently, however, margins and earnings were hit. As a result, a large number of firms were forced to carry out strategic reviews on their business operations in order to turn their businesses around. Here are some of those that just-style has reported on this year.
| 26 Nov 2014
A snapshot of the current state of play in US textile and apparel trade shows imports last year rebounded from a modest decline in 2012, retailers continued to diversify their supply chains, and Asia continues to dominate imports into the US.
| 19 Sep 2014
A review of the work carried out so far by the Alliance for Bangladesh Worker Safety says the group has made "significant and laudable progress" over the past 12 months - but pulls no punches when it comes to the many challenges that still lie ahead.
| 15 Aug 2014
JC Penney has emphasised its commitment to moving back to a merchandising model marked by narrow and deep assortments, as it looks to build on the momentum created to date from its turnaround strategy.
| 27 Aug 2014
Hot on the heels of expanding its Dockers brand license agreement with Levi Strauss & Co for the third time in four months, Hampshire Group CEO Paul Buxbaum is optimistic the company turnaround is starting to take hold. Here he talks to just-style about new opportunities and on-going efforts to leverage the firm's supply chain.
| 31 Aug 2012
Hong Kong based Crystal Group is one of Asia's largest apparel manufacturers, producing more than 230m garments a year for customers including Victoria's Secret, Levi's, A&F, H&M, M&S, Uniqlo, JC Penney and Gap. Here CEO Andrew Lo talks to just-style about supply chain consolidation, productivity, setting up offshore factories, and why big is better when it comes to building a competitive edge.
| 3 Sep 2015
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. Oxford Industries raised its full-year outlook despite swinging to a loss, Sears Canada returned to profit, G-III Apparel Group upped its full-year earnings guidance after more than doubling its second-quarter net profit, and Shoe Carnival booked an 84.6% jump in profit.
| 4 Aug 2015
US department store retailer JC Penney has appointed a new executive vice president of omni-channel and senior vice president of supply chain to help propel its omni-channel growth strategy.
| 14 May 2015
Analysts have given a luke-warm reaction to a narrowing of losses at retailer JC Penney in the first quarter, warning that the company “still has much to do” to turn its fortunes around.
| 30 Apr 2015
Retail giant Wal-Mart Stores is remaining silent on a class action launched against it in the US by victims of the Rana Plaza building collapse in Bangladesh.
| 5 Mar 2015
US department store retailer JC Penney has said one of its biggest opportunities for incremental growth in the near term is in omni-channel, as it looks to deliver continued improvements in the business.
| 30 Jan 2015
Jones New York has become the US apparel industry's latest casualty, revealing it will close all 127 of its stores and end its wholesale business as the women's clothing brand seeks strategic alternatives.
| 27 Jan 2015
Ailing US department store retailer JC Penney has closed ten of its The Foundry Big & Tall Supply Co. stores.
| 9 Jan 2015
US department store retailer JC Penney has revealed it will close around 40 stores over the next year, resulting in 2,250 job cuts.
| 7 Jan 2015
US department store retailer JC Penney has seen its share price spike, after hailing a solid performance over the holiday season and offering an optimistic outlook for the fourth-quarter.
| 13 Nov 2014
US retail giant JC Penney saw its losses more than halve during the third quarter after lower expenses offset a slight fall in sales.
| 28 Oct 2014
Former JC Penney CEO and Apple retail head Ron Johnson is set to launch a new start-up designed to reinvent the way consumers buy and experience products online.
| 20 Oct 2014
The most-read stories on just-style last week included a look at the impact of China tightening up on corporate social responsibility, analyst opinion on JC Penney's new CEO, and an overview of Glenn Murphy's seven-year tenure at Gap.
| 16 Oct 2014
The appointment of Marvin Ellison to the helm of department-store group JC Penney Company has been described as "a credible hire" but one that offers "no solution" to the retailer's tough structural issues.
| 9 Oct 2014
Retail giant JC Penney Company has outlined plans it hopes will return the business to sustained and profitable growth at an analyst meeting in New York.
| 16 Sep 2014
Bangladesh's apparel exports edged up by 1.7% in the first two months of the current fiscal year as buyers continue to remain cautious following last year's factory safety issues and subsequent strikes and disruption as a pay rise was negotiated for apparel workers.
| 15 Aug 2014
JC Penney's turnaround strategy appears to be paying off after the US department store retailer revealed a lower second-quarter net loss and higher sales.
| 12 Aug 2014
Bangladesh's woven garment exports fell by 4.14% in July amid a slowdown in shipments of apparel to markets such as the US following ongoing factory safety issues.
| 11 Aug 2014
Luxury apparel giant Ralph Lauren Corporation has said becoming a member of one of two groups working to improve safety and working conditions in Bangladesh's textile industry is "not part" of its strategy.
| 11 Jul 2014
Bangladesh's ready-made garment exports are continuing to soar, rising by nearly 14% in the just-finished fiscal year as political stability returns to the South Asian country.
| 13 Jun 2014
An innovative new pocketing fabric has been developed using Lenzing's Tencel fibre, which is said to take pocketing and waistbanding "to a new era with softness, strength and sustainability."
| 2 Jun 2014
The deal by Men's Wearhouse to acquire US men's apparel and footwear business Jos A Bank Clothiers has been given the green light by The Federal Trade Commission (FTC).
| 16 May 2014
US department store retailer JC Penney has hailed its first quarterly rise in total sales since May 2011, despite seeing its overall losses widen slightly during the first three months of the year.
| 20 Oct 2014
Experts on China's textile and apparel industry say that international brands must take increasing care to ensure their sourcing is environmentally and socially responsible, ahead of an anticipated tightening of government restrictions.
| 28 Sep 2014
The annual World Retail Congress has returned to Paris this week for three days where the great and the good of the retail industry have converged to discuss the industry climate as we move out of a tough economic climate. New technologies, the rise of omni-channel, innovation and the supply chain of the future will all be discussed.
- Yuan devaluation impact mixed for garment firms
- Will Vietnam struggle with impending trade deals?
- Nicaragua apparel and shoe firms to double in size
- The new age of disruption on apparel production
- Supply chain improvements to save Billabong $30m
- H&M scaling up living wage effort to key suppliers
- Myanmar approves first minimum wage
- US Q2 in brief: Oxford, Sears Canada, G-III
- EU clothing buyers should brace for higher prices
- PVH “well-positioned” in China despite headwinds
- 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 denim and jeanswear – forecasts to 2020