Upward pressure on sourcing costs is one of the new challenges set to face US apparel retailers in 2016 as a "fair, living wage" and "decent...
US department store retailer Kohl's Corporation last week held its first investor day for seven years, setting out detailed plans for future...
Where once retailers invested in e-commerce as an extension of their physical stores, an acceleration in shopping online means they are now seeking a sustainable balance between the two - in addition to adapting their supply chains in order not to lose out.
US department store retailer Kohl's has outlined a new strategic initiative designed to generate sales growth, after booking a drop in earnings and revenue in the first quarter. The plan, dubbed "Greatness Agenda", focuses on giving customers what they want, when they want it - and however they want it.
Hot topics under discussion at the annual meeting of the rebranded United States Fashion Industry Association (USFIA) included major trade negotiations, and the changing concerns of the US apparel industry.
Already one of the largest garment makers in Bangladesh, Epic Group is embarking on an expansion drive that will see it double its production capacity in the country over the next two years.
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.
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.
In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance.
US department store retailer Kohl's has relaunched its US$1bn private brand Sonoma Goods For Life, with new designs, in-store and online experiences.
Macy's, Kohl's, and Kate Spade & Co are among a number of top apparel groups that have committed to mentoring at this year's New York Fashion Tech Lab (NYFT Lab).
Department store retailer Kohl's has cut its full-year earnings guidance as a result of lower than planned sales for the quarter and "significantly" lower gross margin.
In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings.
A group of seven apparel companies, including Levis Strauss & Co, VF Corp and Gap Inc, have signed a declaration calling on government leaders to reach a strong climate change agreement.
US apparel giant VF Corp and department store retailer Kohl’s are just two of a further 73 companies to have joined the White House pledge to address climate change and reduce their carbon footprints.
US department store retailer Kohl's has appointed Sona Chawla to the newly-created position of chief operating officer, with responsibility for omni-channel operations.
US department store retailer Kohl's is to open up to ten smaller format stores next year to offer consumers more convenience as part of its multi-year strategic initiative, designed to drive sales growth.
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. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black.
US department store retailer Kohl's is teaming up with actress and fitness enthusiast, Shay Mitchell, to launch an athleisure apparel collection.
Analysts remain upbeat on Kohl's longer term growth prospects, after the US department store retailer saw its first-quarter profit and sales climb.
Department store retailer Kohl's Corporation has reported a double-digit drop in third-quarter profit - but according to one analyst, new initiatives in place will lead to improvement in the fourth quarter.
The most-read stories on just-style this week included news that VF Corp is being viewed as the most suitable buyer for sportswear brand Puma, an insight into some of the trends and challenges facing the retail sector, and the impact of slowdowns at US west coast ports on apparel shipments.
US apparel chain New York & Company has said it expects to report a deeper adjusted operating loss in the third quarter than previously predicted.
Kohl's Corporation said it expects comparable sales to decrease 1.4% in the third quarter following a softening of sales in October.
Meaningful acquisition opportunities for PVH Corp are likely to present themselves in two to six years time, but they may take the form of bringing existing businesses in house under the Tommy Hilfiger and Calvin Klein banners, analysts believe.
Shoe maker Skechers USA has hit back at a negative analyst report suggesting its sales are decelerating, arguing that the data had been "misinterpreted".
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.
Nine West Holdings' footwear group is to be split into four separate businesses by private equity firm Sycamore Partners in a bid to drive long-term growth.
US department store retailer Kohl's has booked a slight increase in second-quarter profit, driven by lower costs, but analysts suggest its lack of guidance "creates suspense."
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.
US firms including apparel retailers and importers are urging the government to intervene in the ongoing dispute at US west coast ports, amid worsening delays on shipments of holiday merchandise and fears a total shutdown may be imminent.
Kohl's Corporation (KSS) - Financial and Strategic SWOT Anal
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