Eddie Bauer’s bankruptcy filing this week was not unexpected; mounting debts and slumping sales in a difficult economic climate meant its future was simply untenable. But with a sale of the business already agreed, and the possibility of an even better offer in the pipeline, could this mark a fresh start for an iconic brand? Leonie Barrie reports.
In just under a week's time the world's fourth largest trade fair venue will open its doors to IMB 2009. The last IMB event in 2006 welcomed some 25,000 visitors to view the latest in apparel and textile technology from around 600 exhibitors.
2005 was a pivotal year for the Tunisian garment industry as Chinese export success took hold in European markets and the Tunisian government launched a series of measures to help the textile and clothing industry become more competitive. Jozef De Coster looks at their progress so far.
Tunisia hopes its ties with partners in the Europe-Mediterranean region will help offset surging Chinese imports once quotas are lifted at the beginning of 2005. Its advantages of low cost, close proximity and value production have propelled it to the EU's fourth largest clothing supplier and may well be enough to save its textile industry writes Sapna Arora.
Among the industry executives who spoke with just-style this year were Tim Wheeler, president of Jockey's international division, Esquel Group's CEO John Cheh, and Joe Dixon, SVP of production at Brooks Brothers.
Andy Dunkley, the CEO of Lee Cooper has set some ambitious targets for the licensed denim brand, with plans for it to double its revenue to US$1bn over the next five years. Dunkley told Petah Marian about the Lee Cooper "family" and its plans at the company's recent licensee conference.
UK retailer Sports Direct has has increased its stake in US brand management company Iconix Brand Group and bought a stake in Dick's Sporting Goods as part of its long-term strategy.
Indian retail giant Future Group has formed an alliance with global online behemoth Amazon India in a bid to extend the reach of its apparel line in the country.
The committee set up to pay compensation to the victims of the Rana Plaza factory collapse aims to distribute US$2m to around 3,600 workers and families before the one-year anniversary of the tragedy on 24 April.
Compensation payments to victims of the Rana Plaza factory collapse are due to start next month - but campaigners admit funds still fall far short of the $40m needed to make payments to all workers.
British denim brand Lee Cooper is to continue its expansion in South America by launching in Colombia, as part of an agreement with manufacturer Schontal CI Limitada.
Iconix Brand Group has acquired the remaining 50% of its Latin America business from joint venture partner New Brands Group for US$42m.
Global unions and labour rights groups are calling for more brands to commit to the Rana Plaza compensation fund as the one year anniversary of the industrial disaster approaches.
Nearly a year after the collapse of the Rana Plaza building in Bangladesh, an ITV documentary claims to have evidence of ongoing worker and safety concerns at factories making clothes for UK retailers N Brown and Arcadia.
Turkish denim specialist Calik Denim has unveiled its new "super-stretch" fabric line at a launch event attended by executives from Bershka, Mavi, Lee Cooper, Diesel, Giorgio Armani and Zara.
European denim brand Lee Cooper has been sold to Iconix Brand Group in a $72m deal that will help the New York based firm grow its international presence.
Iconix Brand Group Inc, which owns and licenses brands including Candie's and Umbro, has raised its full-year profit and sales guidance after buying European denim brand Lee Cooper.
French clothing, perfume and accessories brand Cacharel has appointed Pascal d'Halluin as CEO of the company.
Following its takeover of Lee Cooper France in July 2010, Paris-based Linda Textiles has announced that it has been awarded an exclusive ten year licence in 18 European countries for the development, manufacture and sale of children’s wear range Lee Cooper Kids.
Having been under the threat of liquidation last month, a commercial court in Amiens has given the go-ahead for the takeover of Lee Cooper France by Linda Textiles, a company based in Paris’ clothing trade district, Le Sentier.
French clothing retailer Verywear Group, which last month pulled out of a deal to buy ailing jeans maker Lee Cooper France, is to buy women’s wear firm Astermod instead.
A commercial court in Amiens has postponed the hearing on Friday (18 June) which would have very likely ordered the winding-up of ailing jeans maker Lee Cooper France, after two new potential takeover candidates emerged.
The French arm of jeans wear group Lee Cooper could be wound up later this week after a potential bidder pulled out.
Two takeover bids have been submitted to the judicial administrator for the French arm of jeans wear group Lee Cooper, which was placed under court protection at the end of March after having been declared insolvent.
Denim brand, Lee Cooper is launching its first kids' wear area range in Europe with its latest licensee TVMania.
The French arm of jeans wear group Lee Cooper has been placed under judicial administration by a commercial court in Amiens, in northern France, after being declared insolvent last week.
The Romanian licensee for denim brand Lee Cooper, LCR Jeans, will continue trading from a reduced number of stores after reportedly filing for administration in the country, just-style has learnt.
Chicago-based men's suit maker Hartmarx has finally been saved from liquidation after being sold to British private equity firm Emerisque Brands and its partner SKNL North America.
A federal bankruptcy judge has given the go-ahead for the sale of bankrupt suit maker Hartmarx Corporation to private equity firms Emerisque Brands and SKNL North America.
- Apparel factory auditing is in the firing line
- How US border adjustment tax could affect apparel
- Trump and the apparel industry – Infographic
- "Buy American, Hire American" to guide Trump trade
- British Brexit plans prioritise tariff-free trade
- Brands need to tackle Turkey factory refugee abuse
- Patagonia launching circular economy platform
- Trump signs order to withdraw from TPP
- UK clothing factory workers paid half minimum wage
- Auditing "in need of reinvention" says new project
- Outdoor performance apparel 2016: A broader perspective
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global apparel markets: product developments and innovations, October 2016
- Anti-odour clothing: fresh fashion for an active lifestyle
- Global market review of lingerie – forecasts to 2022