Global news roundup

By Katie Smith | 31 October 2012

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.

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UPDATE: Retailers respond to Bangladesh factory claims
British fashion retailer Primark and Canadian brand Joe Fresh have confirmed that their garments were being manufactured in one of the Bangladesh factories that collapsed on Wednesday (24 April), killing nearly 300 people.

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

US: Deckers Outdoor Q1 earnings down on expenses
Better-than-expected sales of its Ugg brand lifted first quarter sales at Deckers Outdoor Corporation, but higher sales costs and expenses weighed on its bottom line.

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