US: Calvin Klein to leave Argentina next month
A spokesperson for sportswear, intimate apparel and swimwear maker Warnaco said the last of its four stores is due to close in April.
"Based on the current regulatory environment in Argentina, Warnaco has opted to discontinue its operation in this region and focus its efforts on other geographies in Latin America where we see more profitable growth opportunities," she said.
The spokesperson would not comment on how much the brand accounted for within Warnaco's overall business but said it was a small business for them.
The revamp of apparel group Warnaco's operations - in terms of both channels and regions - has been hindered by external factors including one-off charges and currency fluctuations....
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As information continues to emerge on the devastating fire that killed around 300 workers at a garment factory in Pakistan earlier this week, brands sourcing from the country are being urged to undert...
US footwear and apparel company The Jones Group has appointed Kathy Nedorostek to the newly-created position of group president of global footwear and accessories....
Calvin Klein, a subsidiary of apparel group PVH Corp, has revealed it will open its latest free-standing lifestyle store in Alberta, Canada next month....
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....
Lingerie and activewear manufacturer Tefron has swung to a second-quarter net profit on the back of increased sales of seamless apparel....
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