4 December 2013
The disappointing third-quarter top-line performance reported this morning (4 December) by Tesco has left analysts divided over the group's strategy. Tesco has cut capital expenditure on new stores and is instead investing in refurbishments and multichannel growth. Management has insisted the strategy will simply take time to deliver results. But, with the clock ticking, another set of weak numbers has raised questions over whether Tesco's investment focus will pay off. Here is the view from the City.
4 December 2013
UK retail giant Tesco saw its share price fall this-morning (4 December) after booking like-for-like sales declines in all its regions.
26 November 2013
More than 100 companies have now signed the new Accord on Fire and Building Safety in Bangladesh following the collapse of the Rana Plaza factory building in April, which killed more than 1,100 people.
15 November 2013
UK retailer Asda saw its third-quarter sales growth slow, but the business is looking to improve its clothing offer in store as part of a wider investment, according to one analyst.
31 October 2013
Leading Vietnamese textile and garment manufacturer Thanh Cong Textile Garment Investment Trading (TCM), has seen its third-quarter profit soar by 948%.
21 October 2013
Tesco-owned clothing brand F&F has opened its first nine franchise stores in Europe -in Switzerland and Gibraltar - with plans to grow this number in the next few months.
15 October 2013
The group representing more than 90 clothing retailers and brands sourcing from Bangladesh has publicly named the country's first garment factory considered to pose an "immediate risk" to workers.
14 October 2013
Bangladesh's ready-made garment exports are continuing to soar, rising by more than 24% in the first quarter of the current fiscal year despite on-going labour unrest, political turmoil and factory safety issues.
9 October 2013
The safety of Bangladesh's textile and garment industry has been called into question again today (9 October) after at least seven people were killed in a fire at a fabric factory at Sreepur in the district of Gazipur, around 40km north of Dhaka.
3 October 2013
Valued at US$87.0bn, the Middle East and African apparel market accounted for just 5% of total global apparel value sales in 2012. Nonetheless, it was the second fastest growing region globally in 2012, following Latin America, and is a valuable area of consideration for mass and luxury fashion brands alike, according to Euromonitor International.
2 October 2013
Robust clothing revenues provided a much-needed bright spot as retail giant Tesco unveiled a 23.5% slump in first-half net profit.
2 October 2013
UK retail giant Tesco today (2 October) reported a 23.5% decline in first-half pre-tax profits, prompting analysts to take a mixed view on its outlook. While some believe the retailer's strategic plans are gaining traction, others note a lot more work needs to be done if real progress is to be made, especially in Europe.
2 October 2013
Tesco has signed "definitive" deals to merge its Chinese business with local retailer China Resources Enterprise (CRE).
30 September 2013
Italian machinery makers are hoping to benefit from Ethiopia's growing textile and clothing industry after agreeing a deal to promote their technology in the country.
6 September 2013
The countdown to London Fashion Week is being used by labour campaigners and the leader of a Bangladeshi garment union to battle for a living wage for factory workers.
12 August 2013
UK retailer Tesco and China Resources Enterprise (CRE) have confirmed they are in exclusive talks to combine their Chinese retail operations in a move the companies claimed would create "the leading multi-format retailer" in the country.
5 August 2013
Tesco is planning to open a London flagship store for its F&F fashion range later this year.
1 August 2013
Eastern Europe was one of the world's biggest opportunities for apparel retailers in 2012. But despite the region's overall glowing prospects compared to its Western European counterpart, closer analysis by Euromonitor International highlights a marked intra-regional divergence.
11 July 2013
Unveiling a new five-year plan to improve worker safety at the factories in Bangladesh that produce their clothing, North American brands and retailers were keen to stress the similarities between their own initiative and a separate scheme backed by 70 mainly European companies. That said, there are considerable differences too.
28 June 2013
Companies representing more than a third of UK clothing sales have signed the Sustainable Clothing Action Plan (SCAP) 2020 Commitment, a scheme that will see them work together to reduce the environmental footprint of clothing.
21 June 2013
The most-read stories on just-style this week include continuing protests in Cambodia over the sacking of garment workers, the news that apparel pricing edged up in May, and Tesco's decision to stop sourcing from an unsafe factory in Bangladesh.
17 June 2013
UK retail giant Tesco has stopped taking clothing from one of its supplier factories in Bangladesh after a structural survey of the site revealed serious safety issues.
14 June 2013
Global brand management business Cherokee has seen its first-quarter profit fall by a fifth after one-off costs offset higher revenues.
5 June 2013
Retail giant Tesco suffered mixed fortunes in its first quarter, with like-for-like sales in the UK falling despite a strong performance from clothing.
3 June 2013
The UK government is putting pressure on clothing retailers that source from Bangladesh to improve the safety of their supply chains in the country.
22 May 2013
The chairman and CEO of US retail giant Gap Inc says he hasn't given up on the idea of a global accord to tackle fire and building safety in Bangladesh - but that the current agreement largely backed by European brands and retailers "didn't make sense for us."
20 May 2013
Supermarket retailer Tesco is to expand its F&F clothing brand into new markets across the Middle East and Central Asia, with plans to open more than 50 franchise stores over the next five years.
17 May 2013
The most-read stories on just-style this week include a rush by apparel brands and retailers to sign the new Accord on Fire and Building Safety in Bangladesh, a report on what the agreement entails, and plans by M&S to shake up its supplier base.
16 May 2013
A group of North American retailers has gone its own way on strengthening safety efforts at Bangladesh garment factories, setting up a new initiative said to offer a long-term solution that also offers flexibility to "respond to an ever-changing environment."
15 May 2013
There is no doubt that something needed to be done to improve safety standards at factories in Bangladesh making clothes for western brands and retailers. But the new Accord on Fire and Building Safety - details of which were reported on just-style yesterday - seems to raise nearly as many questions as it answers.