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Comprehensive coverage of the apparel and textile industry's latest, breaking news brought to you by just-style's leading network of international journalists.

CAMBODIA: Garment workers strike as talks collapse

Talks to try to end an 11-day strike at a Cambodian supplier that makes garments for international brands including Gap, Levi's and H&M broke down yesterday (22 May) after a day of negotiations.

Published: 23 May 2012 | Read the full article >

ITALY: China helps Ermenegildo Zegna double FY profit

Strong growth in China propelled Italian luxury men's wear firm Ermenegildo Zegna Group to a near doubling of its profits last year.

Published: 23 May 2012 | Read the full article >

Miserable weather sums up the mood of UK shoppers in AprilUK: April a washout for clothing retailers

April was a washout for UK clothing and footwear retailers, with official figures released today (23 May) showing sales were 5.2% lower than a year ago.

Published: 23 May 2012 | Read the full article >

US: Guess' Q1 profit slumps 37.6% after sales drop

Fashion firm Guess has reported a 37.6% drop in first quarter net earnings due to a declined sales in Europe and North America.

Published: 23 May 2012 | Read the full article >

UK: Burberry posts full-year profit growth

Burberry today (23 May) revealed a rise in full-year profit as it saw strong growth in men's wear, revealing plans to open more large format stores.

Published: 23 May 2012 | Read the full article >

US: Wet Seal to close stores amid Q1 profit loss

Teen apparel retailer The Wet Seal has said it plans to close a number of Arden B stores and will reduce the amount of Wet Store shops it will open this year after posting a first quarter net loss.

Published: 23 May 2012 | Read the full article >

US: Collective Brands first-quarter net income rises

Collective Brands posted a jump in first quarter net income on the back of rising revenue.

Published: 23 May 2012 | Read the full article >

Global news roundup

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.

Published: 23 May 2012 | Read the full article >

US: DSW lifts FY view on higher Q1 sales and earnings

Footwear retailer DSW Inc has raised its full-year earnings guidance after getting off to a strong start to the year with double-digit sales and profit growth.

Published: 22 May 2012 | Read the full article >

US: Delia's narrows Q1 loss on higher sales

Delia's Inc, the retailer that sells clothing for teenage girls and young women, has narrowed its first quarter loss, helped by higher sales of new fashions.

Published: 22 May 2012 | Read the full article >

US: Ralph Lauren hails "spectacular" Q4, FY growth

Luxury apparel and accessories business Ralph Lauren Corporation today (22 May) booked "spectacular" double-digit gains in both fourth quarter and full-year results - but warned that measures to change its distribution in China and economic uncertainty in Europe are likely to weigh on wholesale revenues in the year ahead.

Published: 22 May 2012 | Read the full article >

US: Express cuts outlook despite Q1 profit rise

US apparel retailer Express has today (22 May) posted a 20.2% rise in first quarter net profit on the back of increased sales.

Published: 22 May 2012 | Read the full article >

US: Ross Stores lifts view as Q1 profit jumps 21%

Off-price retailer Ross Stores Inc has raised its full-year guidance after higher sales helped it to a better-than-expected 21% hike in first quarter earnings.

Published: 22 May 2012 | Read the full article >

US: Mount Vernon Mills expands FR fabric capacity

US textile maker Mount Vernon Mills has more than doubled its capacity to produce flame resistant (FR) fabrics at its manufacturing facilities in Trion, Georgia, to meet rising demand.

Published: 22 May 2012 | Read the full article >

HONG KONG: Ports Design chairman resigns over loans

The chairman of Hong Kong based fashion retailer Ports Design has been forced to resign after the company failed to disclose a number of interest-free advances.

Published: 22 May 2012 | Read the full article >

The AlvaForm Studio range includes a dress form and a torso form US: Alvanon launches AlvaForm Studio fashion fit tool

Apparel fit specialist Alvanon has launched a technical fit mannequin for small companies and designers based on its 'US Missy Standard' generated from 3D body scans of real US consumers.

Published: 22 May 2012 | Read the full article >

US: Urban Outfitters Q1 profit falls on weaker margins

Retailer Urban Outfitters Inc has posed a 12% drop in first-quarter profit after the cost of opening new stories and higher markdowns on a few women's apparel lines offset a rise in sales.

Published: 22 May 2012 | Read the full article >

AUSTRALIA: Toxic chemical found in Australian kids' footwear?

A toxic chemical that is banned in Europe has reportedly been found in children's school shoes on sale in Australia - although the Australian Competition & Consumer Commission (ACCC) has told just-style it not received any reports of injuries from exposure to the substance.

Published: 22 May 2012 | Read the full article >

UK: M&S FY profit falls amid "mixed" clothing sales

Retailer Marks & Spencer today (22 May) unveiled its first fall in full-year profits in three years and said it was taking steps to improve its buying and merchandising after seeing a mixed performance in its clothing lines.

Published: 22 May 2012 | Read the full article >

US: WHAM buys R3 Sport for $2.5m

Investment firm Woodman Holdings (WHAM Inc) has acquired R3 Sport LLC, the Nevada-based manufacturer and distributor of corporate apparel, in a stock deal worth US$2.5m.

Published: 22 May 2012 | Read the full article >

US: JDA Software non-compliant with listing rules

JDA Software Group Inc has been notified by the Nasdaq stock exchange that it continued to be non-compliant with listing rules because it hasn't yet filed its latest quarterly report.

Published: 21 May 2012 | Read the full article >

US: Timberland lays off workers amid structural changes

Outdoor and action sports wear brand Timberland has confirmed to just-style that an unspecified number of employees have been laid off at its Stratham site amid ongoing changes to its organisational structure.

Published: 22 May 2012 | Read the full article >

GLOBAL: Textile machinery shipments soared in 2011

Global shipments of new textile machinery reached record levels in 2011, with China again topping the list as the biggest investor as the country shores up its competitive edge as the world's largest supplier of fabric and yarn.

Published: 21 May 2012 | Read the full article >

UK: Burberry wins GBP114m in two infringement cases

Luxury brand Burberry has been awarded GBP114m (US$180m) in two litigation judgements where Chinese websites were found to be selling counterfeit Burberry goods.

Published: 21 May 2012 | Read the full article >

CHINA: Xiniya posts 35% first-quarter profit growth

Chinese men's wear firm Xiniya Fashion has reported a jump in first quarter net profit as the company recorded better than expected sales growth.

Published: 21 May 2012 | Read the full article >

US: Hibbett Sports posts first quarter profit growth

US sporting goods retailer Hibbett Sports has increased its full-year earnings guidance after reporting a 23.5% rise in first-quarter net income.

Published: 21 May 2012 | Read the full article >

SERBIA: Germany's Higson Group invests EUR4m in new factory

German sportswear maker Higson Group is to invest EUR4m (US$5.1m) to set up a production facility in Serbia as part of plans to move some of its production away from Asia.

Published: 21 May 2012 | Read the full article >

US: Apparel and accessories see most growth among kids

Sales of apparel and accessories for children increased 1.3% during the first quarter of this year, according to research released by market research company The NPD Group - marking this out as the category with the most growth.

Published: 21 May 2012 | Read the full article >

US: Lifts more sanctions on Burma, appoints ambassador

The United States has lifted more sanctions on Burma, including the easing of a ban on investments, and named its first Ambassador to the country in 22 years in recognition of the "significant progress" being made in its democratic reforms.

Published: 21 May 2012 | Read the full article >

US: Yoox in talks with PPR for online venture - reports

Shares in Italian online fashion retailer Yoox have increased the most in two and a half years of trading in Milan, after the company is reportedly in talks to set up an online venture with French retail group PPR.

Published: 21 May 2012 | Read the full article >

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