JC Penney Company Inc - apparel and textile industry company news 
US: JC Penney slides to Q1 loss in “tough” quarter
16 May 2012
The transformation of retailer JC Penney has hit early trouble after the company reported big losses for the first quarter, impacted by double-digit sales and comps declines.
US: Liz Claiborne changes name to Fifth & Pacific
15 May 2012
Clothing company Liz Claiborne will from today (15 May) trade under the name of Fifth & Pacific Companies, as part of a move announced earlier this year to focus growing its global lifestyle brands.
US: Kellwood names Jill Granoff as CEO
8 May 2012
US clothing manufacturer Kellwood Co has appointed former Kenneth Cole Productions executive Jill Granoff as chief executive officer.
US: JC Penney appoints Hannah as CFO
4 May 2012
Troubled US retailer JC Penney has appointed Ken Hannah as CFO, replacing Michael Dastugue who left the company in the middle of April.
US: JC Penney appoints Wooster as men's wear head
30 April 2012
Troubled US department store operator JC Penney has announced the appointment of Nick Wooster as VP, brand, design and trends for menswear.
US: JC Penney names chief supply chain officer
27 April 2012
US department store operator JC Penney has made a series of senior appointments across its logistics, store design and communications departments.
US: Juicy Couture weighs on Liz Claiborne Q1
26 April 2012
Strong demand for its Lucky Brand and Kate Spade lines have helped apparel maker Liz Claiborne Inc narrow its first-quarter losses, but its largest brand, Juicy Couture, continues to weigh on its fortunes.
US: Stage Stores hires Lawrence as CMO
24 April 2012
Discount department store retailer Stage Stores has appointed Steven Lawrence as chief merchandising officer, replacing Rich Maloney who resigned in February to pursue other interests.
VIETNAM: NBC begins construction of $2.4m garment plant
23 April 2012
An Phat Garment Joint Stock Company (JSC), a subsidiary of Vietnam's leading garment maker Nha Be Garment JSC (NBC), has begun construction on a new $2.4m garment plant.
Top stories on just-style this week...
13 April 2012
Top stories on just-style last week included the numbers of retailers collapsing into administration increased by 15%, JCPenney cutting 600 jobs at its headquarters and 48 apparel brands and retailers have been accused of purchasing clothing from suppliers who illegally discharge polluted water in China.
US: JC Penney CFO Dastugue departs
12 April 2012
Michael Dastugue, CFO of US department store retailer JC Penney, will leave the company this week and is to be replaced by COO Michael Kramer on an interim basis.
CHINA: Global brands hit by new claims of textile pollution
11 April 2012
Some 48 apparel brands and retailers including H&M, Nike, Wal-Mart, Levi's, Adidas, Gap and Marks & Spencer have been accused of purchasing clothing from suppliers who illegally discharge polluted water in China.
US: JC Penney cuts 600 headquarters jobs
10 April 2012
US department store retailer JCPenney Company Inc is axing around 10% of the staff at its corporate headquarters in Plano, Texas as part of an ongoing transformation of its business under new CEO Ron Johnson.
US: Target names Jones chief marketing officer
3 April 2012
General merchandise retailer Target today (2 April) named Jeffrey Jones as chief marketing officer and executive vice president.
US: JC Penney sees risk of sales slump under new strategy
29 March 2012
US department store retailer JC Penney has said that there is a risk that its new strategy could hit sales for some time, and that there is no guarantee its store and merchandise turnaround plan would work.
BANGLADESH: PVH commits $1m to improving factory safety
21 March 2012
Apparel maker PVH Corp today (21 March) revealed plans to commit $1m to improving conditions in Bangladesh's garment factories - as an ABC News report prepares to criticise it for continuing to source clothes at a facility where dozens of workers died in a fire.
Top stories on just-style this week...
16 March 2012
Top stories on just-style this week included news that a coalition of industry groups is calling for an to end violent unrest in Cambodia, the Indian government's plans to partially roll back its cotton export ban, and Marks & Spencer's launch of a tailoring line in collaboration with Richard James.
US: Liz Claiborne names Hilfiger exec as new CFO, COO
13 March 2012
Former Tommy Hilfiger executive George Carrara has today (13 March) been named as the new finance and operations chief at apparel firm Liz Claiborne Inc.
US: JCPenney promotes Sweney to lead apparel overhaul
13 March 2012
US department store retailer JC Penney Company Inc has announced nine new appointments as part of ongoing plans to overhaul its business, including the promotion of Liz Sweney as chief merchant leading the reinvention of its apparel portfolio.
US: JC Penney taps Beja Miller for store centre strategy
5 March 2012
US department-store operator JC Penney has appointed Laurie Beja Miller as executive vice president of The Square, the new core of its revamped stores that will be a centre for entertainment and various attractions.
US: Brand sale boosts Liz Claiborne Q4 profit
1 March 2012
Apparel company Liz Claiborne recorded a strong increase in fourth quarter profit, but saw its most significant brand lose sales over the crucial Christmas trading period.
Speaking with style: Ranjan Mahtani, CEO, Epic Group
28 February 2012
Faced with what he describes as a "never-ending battle" against rising costs, Ranjan Mahtani, the CEO of Hong Kong based apparel supplier Epic Group, is in fighting mood. But what is also clear is his concern that the apparel industry's current preoccupation with price leaves it in danger of failing to see an even bigger and more worrying issue: the lack of new supply countries coming through.
US: JC Penney full-year hit by restructuring charges
27 February 2012
US department-store operator JC Penney swung to a full-year net loss as the company was hit by restructuring charges.
Top stories on just-style this week...
17 February 2012
The most popular stories on just-style this week included a feature on Bangladesh's fall in garment sales, the importance of mobile technology and JC Penney and Ralph Lauren ending their American Living line.
US: JC Penney and Ralph Lauren end American Living
13 February 2012
US department store retailer JC Penney Co and luxury marketer Ralph Lauren Corp have decided to end a five-year agreement to sell the exclusive American Living lifestyle line.
Hong Kong's changing role in the apparel industry
10 February 2012
China's rise over the past two decades as the leading location for apparel sourcing has had a knock-on effect on Hong Kong's role in the global garment industry, shifting it from a manufacturer to a servicing and sourcing centre. It will take on even more diverse roles in the future, according to industry executives speaking at recent conferences in Hong Kong. Vicky Sung reports.
US: LF USA eyes expansion at new Greensboro office
7 February 2012
LF USA, a subsidiary of Hong Kong based consumer goods sourcing giant Li & Fung Limited, has opened new offices in Greensboro, North Carolina and hinted that expansion is likely.
US: Penney revamp targets US$900m in savings
27 January 2012
The wholesale revamp of retailer JC Penney’s operations will cost US$800m in capital expenditure in fiscal 2012 – but the company is targeting $900m in cost savings over the next two years.
Top stories on just-style this week...
27 January 2012
Top stories on just-style this week included speculation around Bangladesh's rise as a sourcing hotspot, JC Penney's plans to overhaul its offer and Sun European Partners' plans for UK retailer Bonmarche.
Spotlight on...JC Penney “fresh air” revamp a bold vision
26 January 2012
Few incoming CEOs have put their stamp on their new company as quickly as JC Penney’s Ron Johnson. His former life as head of retail at Apple is evident in the title of the new strategy for the ailing department store business: “In Praise of Fresh Air”.
Related research
Company Financials JC Penney Corporation
The Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and cash flow statements.
J. C. Penney Company, Inc. (JCP) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of J. C. Penney Company, Inc. provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
J. C. Penney Company, Inc. (JCP) - Financial and Strategic Analysis Review
J.C. Penney Company, Inc. (J. C. Penney), a holding company, operates through its principal operating subsidiary, J.C. Penney Corporation, Inc. (JCP). The company offers a wide range of products, including apparel, home furnishings, fine jewelry, footwear, accessories and beauty products. JCP offers its products and services under several brands, namely, Ambrielle, Liz & Co., CONCEPTS, C7P, Messages from the Heart, American Living, Sephora, Flirtitude, Decree, Fabulosity and others. The company operates over 1,093 JCP departmental stores in 49 states of the US and Puerto Rico. The company is headquartered at Plano, Texas, United States
