Pacific Brands Limited - apparel and textile industry company news 
AUSTRALIA: Pacific Brands swings to first half net profit
18 February 2013
Australian clothing company Pacific Brands swung to a first half net profit despite seeing sales decline over the period.
2012: A year in review - Manufacturing winners and losers
14 December 2012
Weak consumer spending, difficulties in securing credit, competition from China and the Far East resulted in factory closures and subsequent layoffs in 2012. But ramping up labour and sustainability standards, eco-friendly production technologies, cost cutting and efficiency improvements saved others from significant losses.
AUSTRALIA: Pacific Brands sales continue to fall
23 October 2012
The new CEO of Australian clothing and footwear company Pacific Brands has admitted that group underlying sales have continued to fall since the end of the company's financial year.
In the money: Pacific Brands faces rocky road to recovery
24 August 2012
Troubled Australian clothing maker Pacific Brands is in the midst of a multi-year transformation programme that has now claimed its CEO, Sue Morphet, who announced plans to step down as the group saw full-year losses widen. With former Foster's boss John Pollaers set to take the helm, just-style considers the challenges facing the company.
AUSTRALIA: Pacific Brands CEO steps down as losses widen
22 August 2012
Australian clothing and footwear company Pacific Brands has announced that CEO Sue Morphet will step down after the company booked wider full-year net losses.
AUSTRALIA: Pacific Brands sells Wentworthville site
14 August 2012
Australian clothing company Pacific Brands has agreed to sell underwear brand Bonds' freehold property in Wentworthville, New South Wales.
AUSTRALIA: Pacific Brands pays down $25m debt
2 July 2012
Troubled Australian apparel and footwear group Pacific Brands has cut its debt by A$25m due to stronger cash flow and the sale of two surplus properties.
AUSTRALIA: Pacific Brands appoints Bush as chairman
1 June 2012
Pacific Brands' chairman James MacKenzie has decided to step down from his role at the Australian apparel manufacturer.
AUSTRALIA: Pacific Brands abandons takeover talks
15 May 2012
Apparel and footwear business Pacific Brands has abandoned talks over a possible sale of the company, and warned that earnings will be “materially down” for the rest of the fiscal year.
Focus: Apparel internet retail in Australia (Part II) - global e-tailers lead the charge
26 April 2012
In the second of a two-part series, Euromonitor International analyst Bettina Kurnik identifies the appeal of offshore e-tailers over their Australian counterparts, and reviews the way forward for local apparel specialist retailers.
UK: Private equity firms circle Billabong - Reports
29 February 2012
Private equity firms Blackstone and KKR are considering joining the bidding race to acquire Australian surfwear company Billabong, according to reports.
AUSTRALIA: Pacific Brands first-half losses deepen
17 February 2012
Australia's Pacific Brands has seen its first-half losses deepen and said that the outlook for the remainder of the year remains "challenging".
AUSTRALIA: KKR and Pacific Brands talks stall - reports
25 January 2012
Talks between Australian clothing manufacturer Pacific Brands and private-equity firm KKR appear to have stalled, with neither side in any hurry to make a deal, according to reports.
AUSTRALIA: KKR makes Pacific Brands approach
10 January 2012
Shares in Australian troubled underwear manufacturer Pacific Brands shot up today (10 January) as the company received an unsolicited approach from private-equity firm Kohlberg Kravis Roberts.
Global news roundup
3 January 2012
The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.
AUSTRALIA: Adidas sues Pacific Brands over trademark
9 November 2011
German sportswear giant Adidas is suing Australian manufacturer Pacific Brands for allegedly copying its three stripe trademark.
AUSTRALIA: Pacific Brands shareholders reject bonus package
25 October 2011
Shareholders in Australian apparel group Pacific Brands have rejected management's remuneration package.
NEW ZEALAND: Pacific Brands moves product teams to Australia
14 September 2011
Pacific Brands has revealed plans to consolidate its New Zealand product management and operations teams and its Jockey division into a new unit based in Australia.
AUSTRALIA: Pacific Brands profit hit by sales declines and costs
24 August 2011
Australia-based fashion company Pacific Brands swung into loss over the financial year as it saw sales decline and was hit by a series of impairment and restructuring costs.
AUSTRALIA: Pacific Brands takes first-half sales hit
24 February 2011
Australian fashion company Pacific Brands saw its shares dip 10% this afternoon (24 February) after reporting a first-half sales decline.
AUSTRALIA: Garnsey to lead Pacific Brands underwear unit
3 November 2010
Apparel group Pacific Brands has hired former David Jones senior executive Colette Garnsey to the role of group general manager of underwear and hosiery.
AUSTRALIA: Pacific Brands underlying FY net profit down
25 August 2010
Apparel group Pacific Brands recorded a reduction in full-year net profit, following a double-digit sales decline and despite a stronger second half to the year.
AUSTRALIA: Pacific posts modest profit in "difficult market."
26 February 2010
Apparel manufacturer Pacific Brands has posted a profit for the first half of its fiscal year, when it continued to cut its workforce under a restructuring plan.
AUSTRALIA: Bonds factory to close next month
16 February 2010
The Bonds factory in Unanderra is to shut its doors next month, ending a year of uncertainty for the 200 workers who will lose their jobs.
AUSTRALIA: Pacific Brands chairman defends job losses
20 October 2009
The chairman of apparel group Pacific Brands has defended the decision to cut more than 1,200 manufacturing jobs in Australia – and backed the company’s much-criticised CEO.
Top stories on just-style this week...
28 August 2009
Here is a roundup of the top five most-read stories on just-style. Click on each headline for the full story.
AUSTRALIA: Pacific Brands slumps to FY loss on cost-cutting
26 August 2009
Australian apparel giant Pacific Brands slid to a full-year loss of A$234.3m (US$195m), hit by a wave of cost cuts and restructuring expenses.
AUSTRALIA: Will federal funding boost clothing industry?
4 June 2009
The federal budget package in Australia, released last month by Kevin Rudd’s Labour Government, is promising to make the depleted textile, clothing and footwear (TCF) sector stronger and more sustainable by supporting the development of new products and processes, especially at the high-tech, high-value end of the market.
US: Talon appoints two new executives
18 May 2009
Apparel fasteners, trim and interlining supplier Talon International has named Alexandra Rieger as vice president operations at its Talon Fasteners Division, and James Reeder as vice president corporate controller.
AUS: Pacific Brands halts shares in fund search - report
11 May 2009
Australian clothing firm Pacific Brands has reportedly halted its shares while it tries to raise AUD$256m from investors for reducing debt and restructuring.
