Exchange rate variations could “significantly” influence China's textile and apparel exports, a consultancy has suggested, after the governm...
The growth of e-commerce and m-commerce is on the rise but retailers still need to do more to better meet consumer expectations online, acco...
| 3 Nov 2014
US department store retailer Kohl's Corporation last week held its first investor day for seven years, setting out detailed plans for future growth. Building on an agenda announced earlier this year, analysts say the new initiatives are necessary and overdue.
| 19 Sep 2014
A review of the work carried out so far by the Alliance for Bangladesh Worker Safety says the group has made "significant and laudable progress" over the past 12 months - but pulls no punches when it comes to the many challenges that still lie ahead.
| 23 Jul 2014
The group of North American brands and retailers - including Wal-Mart Stores, Gap Inc and VF Corporation - working to improve safety in Bangladesh's ready-made garment factories appears to be sourcing more products from the country as efforts to upgrade the industry take hold. But one year on, progress is "far from over", with the total cost likely to be in the region of $150m and take 12-18 another months to complete.
| 21 Jan 2014
Engaging more deeply with customers, and offering a seamless capability no matter where or how they shop, is set to remain one of the biggest challenges for retailers in the year ahead according to experts at Retail's 'Big Show,' the National Retail Federation's 103nd Annual Convention & Expo that took place last week in New York.
| 23 Jan 2014
China-based shirt manufacturer and yarn supplier Luthai Textile Co has its sights firmly set on growing its global business. Earlier this month, as the company revealed plans to open an office in New York, Michelle Russell talked to Luthai general manager Liu Zibin about the rationale behind the move.
| 27 Aug 2015
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. Guess saw both earnings and sales fall in the quarter, while PVH Corp revealed second-quarter results that beat its expectations, upping its full-year guidance. Express also raised its full-year outlook after its profit increased more than threefold, DSW said it remains confident in its direction after earnings grew, and Foot Locker had an "outstanding" quarter with sales, earnings and margins all up.
| 12 Aug 2015
With demand for athleisure products growing, US women's wear retailer Bebe Stores has launched an athleisure footwear line at US department store Macy's.
| 3 Jul 2015
US retailer Macy’s is phasing out its Donald Trump men’s wear line after the businessman and presidential candidate made insulting comments about Mexican immigrants.
| 2 Jun 2015
US department store retailer Macy's is piloting a customised alterations service for online purchases as part of a collaboration with tailoring business zTailors.
| 13 May 2015
Delayed product shipments from the west coast port slowdown combined with severe winter weather have resulted in a double-digit first-quarter profit decline for US department store retailer Macy's.
| 24 Feb 2015
US department store retailer Macy's has issued a “conservative” outlook for fiscal 2015 after a rise in promotions led to a drop in fourth-quarter net profit.
| 4 Feb 2015
Retail giant Macy's has announced a wholesale reshuffle of its executive team as part of plans to drive the company’s restructured omnichannel capabilities.
| 30 Jan 2015
Jones New York has become the US apparel industry's latest casualty, revealing it will close all 127 of its stores and end its wholesale business as the women's clothing brand seeks strategic alternatives.
| 26 Jan 2015
Macy's has revealed plans to relocate its West Sacramento fulfilment centre to a larger facility in Sacramento County to support continued sales growth driven by its omni-channel strategy.
| 9 Jan 2015
Department store retailer Macy's is to close 14 stores and make a raft of job cuts as it restructures its marketing and merchandise operations in a move designed to save US$140m starting this year.
| 12 Nov 2014
Department store retailer Macy's has lowered its full-year earnings and sales guidance despite booking a double-digit increase in third-quarter net profit.
| 28 Oct 2014
Department store retailer Macy's is to open its first store outside the US, with a location in Abu Dhabi, United Arab Emirates (UAE) in 2018.
| 14 Oct 2014
Iconix Brand Group has taken a stake in Nick Graham, which will allow the men's wear lifestyle apparel group to expand its product portfolio and enter new markets.
| 29 Sep 2014
Softness within its basketball offering resulted in a slight drop in first-quarter net profit for US athletic apparel and footwear retailer The Finish Line.
| 26 Sep 2014
Shoe maker Skechers USA has hit back at a negative analyst report suggesting its sales are decelerating, arguing that the data had been "misinterpreted".
| 19 Sep 2014
American brand Bill Blass is readying for a relaunch as a global lifestyle brand Bill Blass under the leadership of its newly-named president and chief operating officer, Stuart Goldblatt.
| 15 Sep 2014
Macy's says it is seeing "tangible results" from its adoption of radio frequency identification (RFID) technology as the department store retailer looks to build its omnichannel capabilities.
| 20 Aug 2014
Sunrise Brands has selected Centric Software's product lifecycle management (PLM) software solution to support the growth of its private-label business.
| 13 Aug 2014
Despite booking a 3.3% rise in second-quarter sales, department store retailer Macy's Inc today (13 August) lowered its full-year sales outlook, saying it was unable to make up the shortfall incurred during the first quarter when snowy weather kept shoppers away from its stores.
| 11 Aug 2014
Luxury apparel giant Ralph Lauren Corporation has said becoming a member of one of two groups working to improve safety and working conditions in Bangladesh's textile industry is "not part" of its strategy.
| 14 Jul 2014
The Alliance for Bangladesh Worker Safety has extended compensation for garment factory workers displaced due to factory remediation from two months' up to four months' wages.
| 2 Jun 2014
The deal by Men's Wearhouse to acquire US men's apparel and footwear business Jos A Bank Clothiers has been given the green light by The Federal Trade Commission (FTC).
| 28 May 2014
The first round of inspection reports released by the Alliance for Bangladesh Worker Safety show that "dozens of deficiencies" have been identified in every garment factory. And the group now has just six weeks to release data on the remaining 600 factories supplying its member companies.
| 23 Aug 2013
What a difference two years makes. In the past couple of weeks major US retailers including Walmart, Target, Macy's and Nordstrom have all lowered their forecasts for the rest of the year citing sluggish sales, cautious consumers and general economic uncertainty. But for specialty clothing retailer Gap Inc it's a different story.
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