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just-style management briefing: Opportunities for the apparel industry in 2012

2 February 2012

Opportunities the apparel industry can look forward to this year include speed to market, which favours sourcing in the western hemisphere; growth in the number and spending power of middle-lass consumers in emerging markets like China and India; and the use of technology and the internet to make sourcing a truly global activity.

US: Blackshaw appointed as Keds president

25 January 2012

Collective Brands’ Performance and Lifestyle Group (PLG) has appointed Rick Blackshaw as president of its Keds footwear brand.

US: Charming Shoppes adjusts supply chain team

23 January 2012

Plus-size women's wear retailer Charming Shoppes Inc has made changes to its supply chain team, including the promotion of Bryan Eshelman as its new chief supply chain officer.

INDIA: Ratifies 100% single-brand FDI retail ownership

11 January 2012

The Indian government has finally ratified its decision allow 100% foreign direct ownership in single-brand retail.

NICARAGUA: Nike and Adidas expand supplier base

16 December 2011

Adidas sportswear supplier Augusta Manufacturing is investing $5m at its factory in Nicaragua to create 500 jobs by the end of this year, and expects to double its workforce in 2012.

ISRAEL: Tefron narrows Q3 loss on surge in seamless sales

24 November 2011

Manufacturer Tefron Ltd has narrowed its third quarter loss thanks to soaring sales of its seamless intimate apparel and performance activewear lines.

US: Finish Line taps Ladd as chief digital officer

21 November 2011

US sports wear chain The Finish Line has hired Chris Ladd from Lululemon as its new executive vice president, chief digital officer.

GERMANY: Adidas bullish after Q3 profit rises 14%

3 November 2011

Sporting goods giant Adidas is set for a record year after third quarter profit rose 14% on an 8% revenue increase, with margins holding up thanks to increased retail sales.

RUSSIA/CIS: Adidas sees sales of EUR1bn by 2013

10 October 2011

German sporting goods company Adidas is eyeing a double-digit percentage rise in annual sales in the Russia/CIS region over the next three years - and expects this to be its third largest market behind the US and China thanks to strong consumer spending and a raft of new stores.

Top stories on just-style this week...

30 September 2011

A forecast for apparel price rises over the next two decades, Reebok paying $25m in customer refunds over claims made for its toning footwear, and the loss of up to 500 jobs at dyes and chemicals maker Huntsman Textile Effects, were among the most-read stories on just-style this week.

US: Reebok to pay $25m over toning shoe claims

29 September 2011

Sportswear maker Reebok International Ltd is to pay $25m in customer refunds after making unsupported claims that its toning footwear would help wearers improve their fitness.

GERMANY: Adidas targets record year after H1 profit surge

4 August 2011

Sporting goods giant Adidas is on the way to record sales and earnings in 2011 after first-half net profit rose 19% on the back of strong growth across the business.

just-style’s research roundup

18 July 2011

Research reports available from just-style this week evaluate UK clothing and footwear market data to 2013, clothing footwear, sportswear and accessories retailers in Peru, and a SWOT analysis and company profile on sportswear firm Reebok International.

CANADA: Lululemon taps Crocs exec for e-commerce role

8 July 2011

Yoga wear company Lululemon Athletica has appointed Chris Ladd as senior vice president for its global e-commerce operations.

Global news roundup

24 June 2011

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.

GERMANY: Adidas to open EUR100m distribution centre

22 June 2011

Sporting goods giant Adidas is to invest more than EUR100m (US$144m) in constructing its biggest distribution centre, creating more than 200 jobs.

UK: Reebok rapped over “misleading” Zigtech ad

22 June 2011

Advertising watchdogs have banned a “potentially misleading” Reebok ad for Reezig Zigtech trainers, also ruling that the sports goods company had not provided sufficient evidence for the technology involved.

GERMANY: Adidas lifts outlook as Q1 profit jumps 25%

5 May 2011

German sportswear and equipment maker Adidas AG today (5 May) raised its full-year sales guidance after a double-digit first quarter revenue hike helped offset higher raw material costs.

UK: Sports Direct reports nine-week profit surge

21 April 2011

UK sporting goods company Sports Direct International has posted higher profits over the past nine weeks, thanks to a double-digit sales rise.

US: Reebok launches RealFlex footwear

15 April 2011

Sporting goods firm Reebok has today (15 April) unveiled its RealFlex training shoe designed to promote natural movement.

JAPAN: Authorities probe Reebok office

12 April 2011

Japanese authorities are investigating sporting goods unit Reebok Japan - amid reports it allegedly pressured retailers in the country not to discount its EasyTone ranges.

Adidas looks out for margin hazards

3 March 2011

German sporting goods giant Adidas Group is to keep a close eye on margins during 2011, after forecasting rise in sales and earnings for the year ahead.

GERMANY: Adidas profit falls despite Q4 sales boost

2 March 2011

German sporting goods giant Adidas Group has seen its fourth quarter profit tumble by 64%, as higher raw material and marketing costs offset stronger sales.

VIETNAM: Century Corp opens $31.7m fibre plant

27 January 2011

Leading Vietnamese fibre manufacturer Century Synthetic Fiber Corporation has opened its second fibre plant at the Trang Bom Industrial zone in the northern province of Tay Ninh.

US: Reebok names new digital agency

12 January 2011

US-based sportswear firm Reebok has named the Tribal DDB New York office as its digital agency of record (DAOR) on a global basis.

UK: ASA bans two EasyTone adverts

3 December 2010

The UK's Advertising Standards Authority (ASA) has banned a Reebok magazine and TV advert, following claims they were misleading.

COMMENT: Route 2015 drives both Adidas and Nike

8 November 2010

An ongoing two-horse race between Nike and Adidas looks set to continue well into the next decade.

GERMANY: Football drives Adidas Q3 profit surge

4 November 2010

Strong growth in football-related revenue helped sporting goods company Adidas to post a 25% increase in third quarter net profit.

Speaking with style: Anthony Corsano, CEO, Anvil Knitwear

29 October 2010

Anvil Knitwear is ahead of some of the world's biggest clothing brands when it comes to sustainability. Here, CEO Anthony Corsano talks to just-style about the business case for social and environmental responsibility, and explains why it is a defining feature of the future of the apparel industry.

US: Reebok to step aside from NFL tie-up

14 October 2010

Sporting goods firm Adidas Group says it will focus on other leagues amid reports that the US National Football League (NFL) has agreed a new onfield apparel licensees.

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