Top stories on just-style this week...
Top stories on just-style this week included forecasts for a recovery in world cotton stocks, falling women's wear sales at Marks & Spencer, the breakdown of talks to sell Jones Group's jeanswear division to Delta Galil, and a rise in retail administrations in England and Wales.
WORLD: Chinese reserve system boosting cotton stocks
Purchases by the Chinese government are absorbing a large portion of the 2011/12 global cotton crop, according to data released earlier this month, with efforts to rebuild the national reserve likely to lead to a recovery in world stocks.
In the money: Marks & Spencer women's wear sales take a hit
Marks & Spencer chief executive Marc Bolland admitted today (10 January) that women's wear sales fell during the third-quarter, even though heavy promotions lifted the retailer's overall clothing sales.
US: Jones Group and Delta Galil end jeanswear talks
Talks to sell The Jones Group Inc's jeanswear division to Israel-based apparel and lingerie maker Delta Galil have broken down, the two companies said today (9 January), after they failed to reach "mutually acceptable terms" for the deal.
UK: More retailers set to fall into administration
The total number of retailers in England and Wales falling into administration increased by 11% during 2011 to 183, with further troubles ahead, according to research from consultancy firm Deloitte.
UK: Alshaya to acquire La Senza lingerie stores
Kuwait-based retail franchise operator Alshaya Group is to acquire some 60 La Senza stores from the troubled retailer's administrators KPMG.
Marks & Spencer has declined to comment on reports that Kate Bostock, its executive director of general merchandise, is set to leave the company....
Resource consumption and efficiency is set to be a focus of this year's conference organised by the RITE sustainability group, which will take place in October....
UK fashion retailer Arcadia Group, operator of the Topshop, Burton and Dorothy Perkins stores, has named Richard Price, Marks & Spencer's trading director for men's wear, as managing director of its B...
The most-read stories on just-style this week include news that Bangladesh garment factory owners refusing to reopen factories in the Ashulia industrial zone, new research shows Belarus, Ukraine, Mold...
Marks & Spencer expects radio frequency identification (RFID) technology to play an increasingly important role in the clothing recycling process as it moves towards a closed loop garment supply chain...
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