Tesco Plc - apparel and textile industry company news 
just-style management briefing: Lessons learnt from the past for the future
2 February 2012
What should apparel firms have learnt from the upheaval of the past couple of years - and what should they be doing now if they want to remain competitive into the future? Buyers and manufacturers need to build a deeper, long-term relationship our respondents said, as well as focusing on a sourcing portfolio that balances costs and risks.
UK: Tesco moves UK COO Robbins to new role
2 February 2012
Tesco has moved Bob Robbins, COO of its UK operations, to a new role just weeks after the executive attracted headlines for selling shares in the retailer days before a profit warning.
Plassat to face French challenges at Carrefour
31 January 2012
After a tumultuous three years at the helm of the world's second-largest grocery retailer, Carrefour chairman and CEO Lars Olofsson is set to be replaced by Georges Plassat.
Top stories on just-style this week...
20 January 2012
Among the most-read stories on just-style this week was a report that Chinese clothing and textile manufacturers have instigated new wage rises, Limited Brands hit back at allegations child labour is used on farms in Burkina Faso that grow Fairtrade organic cotton used in Victoria's Secret garments, and 249 jobs were axed as value clothing retailer Peacocks went into administration.
UK: Tesco to franchise F&F brand in Middle East
17 January 2012
Tesco today (17 January) said it is taking its F&F clothing line to the Middle East through a franchise deal with Fawaz Abdulaziz Al Hokair & Co - kicking off wider moves to turn the fashion label into a major global brand.
In the money: Tesco looks online as clothing sales fall
16 January 2012
At the same time as Tesco revealed falling clothing sales over the Christmas period, the UK's largest supermarket retailer also signalled a shift away from expanding its hypermarket presence and a renews focus on its online offer.
UK: Tesco shares tumble on "disappointing" Christmas
12 January 2012
Shares in Tesco have tumbled today as the UK's largest grocer reported a "disappointing" domestic performance in its Christmas trading update.
UK: Tesco non-food director to join Dansk Supermarked
6 January 2012
Tesco's UK non-food director Per Bank is set to become the chief executive of Dansk Supermarked.
just-style management briefing: Retail winners and losers in 2011
19 December 2011
While some retailers continued to be vulnerable to cost-cutting, swingeing redundancies and store closures in 2011, others acted swiftly to respond to the changing economic circumstances, offering real value to their customers and embarking on ambitious international expansion.
JAPAN: Cherokee brand to launch at Nishimatsuya stores
16 December 2011
The Cherokee clothing brand is launching exclusively at Japanese specialty children's retailer Nishimatsuya Chain Co Ltd next week, as part of the US-based company's global growth plans.
Tesco trading update: what the analysts say
8 December 2011
Tesco, the world's fourth-largest retailer, has operations in 11 markets outside the UK but, as it announced in its third-quarter trading update today (8 December), much of the interest from The City was on its domestic business, where underlying sales again fell. Here is a flavour of what leading retail analysts said about Tesco's recent performance.
UK: Tesco admits to "difficult" Q3 clothing sales
8 December 2011
Tesco today (8 November) admitted that clothing sales were "difficult" during the third quarter as it struggled to move winter clothing due to warmer weather.
INDIA: FDI will benefit retail sector - Tesco CFO
8 December 2011
More overseas investment would benefit India's retail sector, Tesco CFO Laurie McIlwee insisted today (8 December).
US: Cherokee Q3 hurt by Tesco slump
8 December 2011
Global brand management business Cherokee saw its third quarter profits more than halved following a sales slump for its products at UK retail giant Tesco.
INDIA: New Delhi confirms suspension of retail reform
7 December 2011
India's ruling Congress Party has today (7 December) confirmed that plans to allow more foreign investment in the country's retail sector have been suspended.
UK: Tesco Asia chief Potts to retire
7 December 2011
David Potts, the CEO of Tesco's operations in Asia, will leave the UK retailer next year.
INDIA: Retail reform "put on hold"
5 December 2011
India's government has reportedly put its controversial reform of the country's retail sector on hold.
INDIA: Prime minister defends FDI reform
1 December 2011
The Indian prime minister has defended the easing of rules on foreign ownership in the country's retail market, as politicians opposed to the move continue to cripple parliament.
US: WRAP CEO Steve Jesseph to retire
30 November 2011
Steve Jesseph, the CEO of social and environmental training and certification group Worldwide Responsible Accredited Production (WRAP), is to retire at the end the year.
Comment: India's retail ruling is more heat than light
29 November 2011
The Indian government's decision to relax restrictions on foreign investment in the country's retail industry doesn't mean the end of the debate, writes Devangshu Dutta.
Quote unquote: Indian retail reform special
29 November 2011
India's cabinet has relaxed rules on foreign direct investment in the country's retail sector. The move was lauded by global retailers but met with opposition from large sections of the parliament, as local operators are feeling threatened by the prospect of foreign companies, which can now own 51% of multi-brand retail stores. In this special quote unquote, just-style outlines the thoughts of those affected by the announcement.
INDIA: Government emphasises FDI local sourcing rules
28 November 2011
The Indian government has emphasised that some 30% of products sourced by foreign retailers will have to come from small Indian manufacturers under its new plans to allow foreign retailers to own 51% of multi-brand retail stores.
INDIA: Opens multi-brand retail to foreign investment
25 November 2011
An executive decision by India's cabinet to ease laws on foreign direct investment (FDI) in the country's retail market has met with opposition from large sections of parliament.
INDIA: New Delhi to ease laws on foreign retail ownership
24 November 2011
The Indian government has reportedly approved plans to further open up the country's retail industry, a decision that could see a wave of foreign investment into the sector.
VIETNAM: Thanh Cong Textile swings to Q3 loss
11 November 2011
Vietnam's leading garment manufacturer Thanh Cong Textile Garment (TCM) has swung to a third quarter loss of VND756m (US$36,000) despite a slight 0.9% rise in revenue.
VIETNAM: TNG sees 9-month revenues jump 98.4%
26 October 2011
One of Vietnam's leading garment manufacturers, TNG Investment and Trading JSC (TNG), has seen its revenues jump by 98.4% in the first three-quarters of this year, to VND915.38bn (US$45m).
Top stories on just-style this week...
7 October 2011
UK retail garnered much interest this week with stories about concerns over minimum wages, M&S calls for suppliers to contribute to store revamps and Tesco's strategy to source more products from Europe and Egypt garnered much attention.
Comment: Tesco's Clarke rolls up sleeves after shaky start
6 October 2011
Timing is everything in life. And few people will be feeling that sentiment more this week than Sir Terry Leahy, the former chief executive of Tesco, and his successor Philip Clarke. While Leahy stepped down from the role in March to a chorus of approval for his tenure, Clarke's first six months in charge have been marked by the group's worst performance in the UK in two decades.
Tesco increases European apparel sourcing
5 October 2011
The CEO of Tesco has revealed the retailer is shifting more of its apparel sourcing to Europe and Egypt as part of moves to shorten lead times on clothing.
Tesco, Sainsbury's trading updates: what the analysts say
5 October 2011
Two of the UK's largest retailers, Tesco and Sainsbury's, provided an update on trading today (5 October). What did the City make of the companies' recent performance?
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Datamonitors' Tesco PLC’s SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, and corporate actions, providing a 360° view of the company.
Tesco PLC (TSCO) - Financial and Strategic SWOT Analysis Review
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Tesco PLC - SWOT Analysis
Datamonitor's Tesco PLC - SWOT Analysis company profile is the essential source for top-level company data and information. Tesco PLC - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Tesco ("the company") is one of UK’s leading food and grocery retailers. The company operates in Europe, the US and Asia. Tesco is headquartered in Hertfordshire, the UK and employs about 472,000 people. The company recorded revenues of £56,910 million ($90,445.4 million) during the financial year ended February 2010 (FY2010), an increase of 5.6% over 2009. The operating profit of the company was £3,457 million ($5,494.1 million) in FY2010, an increase of 9.1% over 2009. The net profit was £2,327 million ($3,698.2 million) in FY2010, an increase of 9.1% over 2009.
