Top stories on just-style this week...
By Leonie Barrie | 14 October 2011
Brand sales dominated two of the top stories on just-style this week, with news that Jones Group Inc is mulling the sale of its jeanswear unit to Delta Galil Industries, and Liz Claiborne Inc is to shed more brands, including its namesake line, for $328m.
US: Jones mulls sale of jeanswear unit to Delta Galil
Apparel and footwear company Jones Group Inc today (11 October) confirmed it is mulling the sale of its jeanswear division to Israeli apparel and lingerie maker Delta Galil Industries Ltd for up to $400m.
US: Liz Claiborne to change name amid $328m brand sale
Struggling apparel firm Liz Claiborne Inc is to shed more brands, including its namesake line, for $328m as part of ongoing attempts to reduce its long-term debt, and will change its name as the businesses refocuses on three core brands.
UK: Courtaulds hosiery site wins M&S eco-factory status
Courtaulds' West Mill hosiery plant in Belper, Derbyshire has become Marks & Spencer's first UK supplier site to gain eco-factory status.
US slowdown prompts Gap's strategic shift overseas
Gap's update on its global strategy says much about the shift in the balance of power for multinational fashion retail groups - acknowledging difficult times in North America, but also the key role that international markets will play in future growth.
INDIA: Textile sector in financial crisis
The US$62bn Indian textile industry is facing a severe financial crisis as 122 companies, including major players such as Vardhman, reported net losses for the April-June quarter of 2011.
Sectors: Apparel, Fibres & fabrics, Manufacturing, Retail, Sourcing
Companies: Claiborne, Delta Galil, M&S
View next/previous articles
Currently reading -
Top stories on just-style this week...
14 Oct 2011 -
14 Oct 2011 -
Related research
Datamonitor's Apparel Retail: Advanced Emerging Markets (Brazil, Hungary, Mexico, Poland, South Africa, Taiwan) Industry Guide is an essential resource for top-level data and analysis covering the Apparel Retail industry in Brazil, Hungary, Mexico, P...
Prospects for the Textile and Clothing Industry in Guatemala
The textile and clothing industry and related industries are responsible for up to three-quarters of Guatemala’s total industrial workforce. The industry has a strong competitive advantage over its counterparts in Asia, as its labour costs are low an...
Global apparel markets: business update, 4th quarter 2011
This report provides an update of business news in the following categories: acquisitions, divestments and mergers; corporate social responsibility (CSR); financial results; international trade policy; joint ventures, cooperation, licensing and distr...
Related articles
Read further stories in this column
Top stories on just-styleIf you’re short of time or haven’t managed to check in to all our daily newsletters, reading these articles will ensure you’re up-to-date on the top five most-read stories on just-style in any given week.
There are currently no comments on this article
Be the first to comment on this article