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...
US apparel retailers recorded mixed comparable store sales in March, but overall managed to beat very modest expectations resulting from the...
US apparel retailers reported mixed comparable store sales in February, with some severely impacted by adverse weather conditions but others...
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 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.
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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