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Lower denim costs have helped lift margins at VF CorpIn the money: Falling jeanswear costs boost VF

30 April 2013

A positive first quarter for VF Corporation – net profit surged up 25% on last year – was marked by strong performance for The North Face and Vans, and improving margins as jeanswear costs fell.

US: VF lifts full-year guidance on Q1 profit growth

26 April 2013

Apparel maker VF Corporation has today (26 April) lifted its full-year earnings guidance after reporting a 25.7% jump in first-quarter net profit.

PERU: Calls for labour reform a "hot-button" issue

15 April 2013

Efforts by a group of US apparel brands and retailers to persuade the Peruvian government to repeal legislation that allows the use of short-term contracts in the country's garment industry have, as yet, generated no formal response, just-style has learnt.

PSF 2013: Chemical challenges reveal "crazy complexity"

8 April 2013

The complicated mix of legal requirements, standards and certification schemes facing brands and retailers when managing chemicals in the apparel supply chain was outlined at the recent Prime Source Forum in Hong Kong. And the over-riding message is that the industry must collaborate if it is to move forward on the issue.

US: Myntra acquires virtual fitting room developer Fitiquette

8 April 2013

Indian online fashion retailer Myntra has acquired San Francisco-based virtual fitting room developer Fitiquette to help improve the shopping experience for Indian consumers.

PSF 2013: Unlocking the value of the supply chain

3 April 2013

As retailers struggle to differentiate themselves from their peers, and have little room to manoeuvre when it comes to mark-ups and markdowns, there's a growing awareness that the supply chain can contribute to improved efficiency and a competitive edge.

US: PVH expects profit to be hit by extra Warnaco investment

28 March 2013

PVH has lowered its full-year forecasts after discovering that its recent Warnaco acquisition will require more investment than it initially expected.

US: VF fourth quarter net income rises 32%

15 February 2013

VF Corp has seen its fourth quarter net income shoot up by 32%, driven by sales growth in its outdoor and sportswear divisions combined with improving gross margins.

US: Ascena Retail names Heasley as Lane Bryant CEO

14 February 2013

Ascena Retail Group has named Linda Heasley as president and CEO of plus sized clothing retailer Lane Bryant, which it acquired last year.

Outlook 2013: Other issues to watch

4 February 2013

Generally, 2013 is seen as being another challenging year for the apparel industry – although there is cautious optimism for an improved business environment. Issues such as compliance, sustainability and product safety are likely to come to the fore, and keep a close eye on trade talks to expand duty-free opportunities such as the Trans-Pacific Partnership (TPP).

Outlook 2013: Apparel industry opportunities

4 February 2013

Opportunities the apparel industry should focus on this year include developing strategic relationships to improve flexibility across the supply chain; a focus on adding value through design, innovation and branding to protect margins; and the use of technology to integrate the multichannel experience.

Outlook 2013: Lessons that should have been learnt

4 February 2013

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? They need to remain nimble enough to respond to changing buying patterns, develop strong partnerships across the supply chain, and focus on a sourcing portfolio that balances costs and risks.

Outlook 2013: Apparel industry challenges

4 February 2013

Uncertainty is perhaps the biggest challenge facing the apparel industry in 2013. The economic situation in Europe and the US, a combination of rising production costs and flat prices, the pressure to improve working conditions, a lack of new production centres and low volume growth in fashion all add up to a worrying year.

US: Under Armour head of footwear McCarthy resigns

24 January 2013

Gene McCarthy, senior vice president of footwear at Under Armour, is to leave the performance apparel and footwear specialist next month.

PVH Corp outlines growth opportunities

22 January 2013

Apparel company PVH Corp has outlined further growth opportunities for its Tommy Hilfiger and Calvin Klein apparel businesses following its acquisition of The Warnaco Group last year.

HONG KONG: Yue Yuen FY profit jumps 12.5%

18 December 2012

Yue Yuen, the world's largest manufacturer of branded athletic and casual footwear, has seen its full-year profit jump 12.5% helped by higher sales and more stable material prices.

Taiwan's textile makers reap high-tech rewards

6 December 2012

Facing a fragile global economy, rival South Korea's aggressive free trade agreement (FTA) strategy, as well as an appreciating local currency, Taiwan's textile and apparel manufacturers have placed their bets on innovation. And indeed, their strong focus on upgraded and functional textiles appears to be paying off.

In the money: PVH backs Warnaco turnaround strategy

29 November 2012

The CEO of apparel giant PVH has backed Warnaco's plans to turn around the Calvin Klein Jeans and underwear businesses, a company it is set to take over next year in a deal worth US$2.9bn.

US: PVH Q3 profit up on Calvin Klein and Tommy Hilfiger

28 November 2012

PVH saw third quarter net income rise as sales of its Calvin Klein and Tommy Hilfiger brands compensated for a decline in demand for its heritage brands.

Global: Brands accused of "fuelling modern-day slavery"

20 November 2012

A number of major clothing brands have been accused of "fuelling modern-day slavery" through their failure to address child and forced labour in their supply chains, according to a report released by the Not For Sale campaign.

US: Polartec appoints new CEO and CFO

1 November 2012

Performance fabric maker Polartec has appointed former Timberland president Gary Smith as chief executive officer and Joe Robinson as chief financial officer.

US: VF raises full-year forecast after strong third quarter

22 October 2012

VF Corp today lifted its full-year expectations after recording a strong third-quarter performance.

INDIA: Reliance Retail posts 48% jump in H1 turnover

16 October 2012

Reliance Retail, the retail arm of industrial conglomerate Reliance Industries, has booked a 48% jump in first-half turnover, helped by strong same-store sales growth.

US: VF aims to double Asia revenues to US$2bn

19 September 2012

Apparel giant VF Corporation aims to leverage leading brands such as Timberland and Lee to more than double its revenues in the Asia Pacific region to US$2bn by 2017.

US: Eddie Bauer appoints Templin as COO and CFO

18 September 2012

Outdoor wear brand Eddie Bauer has appointed Daniel Templin as chief operating officer and CFO.

INDIA: Footwear firm Dune inks franchise deal with Reliance

13 September 2012

UK-based fashion footwear and accessories retailer Dune Group is partnering with Reliance Brands on an exclusive long-term franchise agreement in India.

US: Beecroft to head Skechers' Canadian business

10 September 2012

Footwear maker Skechers USA has appointed David Beecroft as managing director of its business in Canada, replacing John Hartshorn who passed away in June.

US: PVH raises FY guidance on Q2 profit surge

28 August 2012

Apparel group PVH Corp raised its full-year guidance on the back of better-than-expected second quarter profit growth, led by the company’s Tommy Hilfiger brand.

US: Timberland unveils Hyperion lightweight boot

7 August 2012

VF Corp's footwear brand Timberland PRO has launched its Hyperion lightweight industrial outdoor boot.

INDIA: Supergroup teams with Reliance to enter India

16 July 2012

UK clothing company Supergroup has entered into an exclusive long-term franchise agreement with Reliance Brands to launch the Superdry brand in India.

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