Deep discounts, lower fuel prices and an improved employment market all helped to drive better-than-expected comparable store sales gains fo...
Improved weather coupled with a slew of promotions helped to drive traffic and sales gains for US apparel retailers in May - with analysts e...
Warmer weather combined with a late Easter, aggressive promotions, and improving employment prospects helped unleash pent-up demand in April - driving strong comparable store sales growth for US apparel retailers.
US apparel retailers recorded mixed comparable store sales in March, but overall managed to beat very modest expectations resulting from the Easter holiday shift and continued cool weather.
US apparel retailers reported mixed comparable store sales in February, with some severely impacted by adverse weather conditions but others benefiting from a pick-up in traffic in the latter part of the month.
Winter storms played havoc with US apparel retailers in January, forcing many shoppers to stay at home. But while some consumers were physically unable to spend, others simply lost the will, with holiday shopping fatigue, static wages, and a lack of inspiring new ranges all hitting comparable store sales.
Luen Thai Holdings is Hong Kong's largest listed garment firm, with 34,000 employees, revenues of around US$1bn and a flagship business that produces over 80m garments a year - as well as footwear and bags - from production bases in China, the Philippines, Indonesia, India, Bangladesh and Cambodia. In the first of two articles based on a conversation with just-style managing editor Leonie Barrie at the recent Prime Source Forum in Hong Kong, CEO Henry Tan calls for industry-wide collaboration in a bid to increase efficiency and offset rising costs in the apparel supply chain.
US lingerie giant Victoria’s Secret says that despite rising production costs and worldwide competition from countries like China and Vietnam, it plans to source even more from Sri Lanka over the coming years. On a visit to the island earlier this week, two of the company’s top executives tell Dilshani Samaraweera why Sri Lankan lingerie is such a hit.
US apparel retailer L Brands, formerly Limited Brands, has booked an increase in third-quarter earnings and sales but fourth-quarter EPS guidance has missed analyst forecasts.
US apparel retailer L Brands, formerly Limited Brands, is one of the few winners this quarter according to analysts, after it raised its third-quarter earnings guidance.
A sustained focus on cost, inventory management, merchandise, and speed-to-market has helped L Brands, formerly Limited Brands, to buck what analysts say is a sluggish consumer environment.
L Brands, formerly Limited Brands, has reported second-quarter earnings above analyst consensus and a 6% increase in revenues.
US clothing giant Kellwood Company has appointed industry veteran Marc Babins as president of its western region, with responsibility for the group's global supply chain.
A buy-out of troubled US apparel retailer Express Inc by Sycamore Partners looks likely, analysts believe, after the private equity firm last week acquired a 10% stake and said it wants to craft a formal proposal to acquire the rest of the company.
Retailer Aeropostale could benefit from better sourcing by tapping into the resources of another investment of private equity firm Sycamore Partners, which has just closed a financing deal with the teen apparel chain.
L Brands, formerly Limited Brands, has lowered the top end of its full-year earnings guidance, despite booking a increase in first-quarter net profit.
L Brands, formerly known as Limited Brands, has booked a mixed fourth-quarter with an increase in earnings but a drop in revenues.
Retailer Limited Brands, operator of the Victoria's Secret, Pink, Bath and La Senza stores, has lifted its full-year earnings guidance after booking a 25.3% jump in third-quarter profit.
Three new signatories and two new associate members have joined the Zero Discharge of Hazardous Chemicals (ZDHC) programme.
Former Coach president and chief operating officer Jerry Stritzke has been named chief executive officer of outdoor gear and apparel retailer REI (Recreational Equipment Inc).
US retailer Limited Brands (now known as L Brands) has raised its full year earnings guidance after it recorded a 24.5% increase in second quarter profit.
Limited Brands (now operating under a new temporary name L Brands) has lifted its full-year earnings guidance after posting a 14.4% increase in first-quarter net profit.
L Brands, the new, temporary name for Limited Brands, is to relocate its La Senza distribution centre operations from Montreal, Canada to its Columbus, Ohio base in the US to "better meet customer demand" worldwide.
Hong Kong listed Luen Thai Holdings, one of the world's leading apparel manufacturing and supply chain services providers, has completed its US$55m acquisition of Singapore-based Ocean Sky Group.
Apparel group L Brands (the new, temporary name for Limited Brands) has hired former Aurora Fashions executive Ishan Patel to oversee Victoria's Secret digital business.
The most read stories on just-style this week include M&S introducing body odour neutralising patches into suits, Bangladesh apparel companies fearing strikes will harm the sector, and the minimum wage rising for garment workers in Cambodia.
Apparel group Limited Brands has been temporary renamed L Brands while the company decides on a permanent change of name.
US apparel retailer Limited brands has confirmed plans to open its first stores in Hong Kong in the coming months.
Victoria's Secret owner Limited Brands recorded an increase in fourth quarter net profit as sales and gross margin increased.
Ascena Retail Group has named Ronnie Robinson president of its new global sourcing initiative, as the women's wear retailer looks to move to a central sourcing base.
Winter storms played havoc with US apparel retailers in January. While some consumers were forced to stay at home, others simply lost the will, with holiday shopping fatigue, static wages, and a lack of inspiring new ranges all hitting comparable store sales.
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