Top stories on just-style this week...
By Katie Smith | 13 April 2012
Top stories on just-style last week included a report on the rising number of UK retailers collapsing into administration, JCPenney cutting 600 jobs at its headquarters, and an accusation by Chinese environmental groups that 48 apparel brands and retailers have been purchasing clothing from suppliers who illegally discharge polluted water in China.
UK: Retail administrations up 15% year-on-year
The number of retailers falling into administration in the first quarter of this year increased by 15% compared with the same period last year, according to research by business advisory firm Deloitte, with this rising to a jump of 64% on the previous quarter.
US: PVH Corp to evaluate Crailar fibre
One of the largest global apparel companies with brands including Calvin Klein, Tommy Hilfiger, Van Heusen, Izod, Arrow and Bass, PVH Corp is to evaluate the use of the new Crailar fibre in its dress and sports shirt lines.
US: JC Penney cuts 600 headquarters jobs
US department store retailer JCPenney Company Inc is axing around 10% of the staff at its corporate headquarters in Plano, Texas as part of an ongoing transformation of its business under new CEO Ron Johnson.
Apparel supply chain facing complex array of risks
The international apparel supply chain faces a complex array of risks and variables in 2012, as a new report from just-style.com details.
CHINA: Global brands hit by new claims of textile pollution
Some 48 apparel brands and retailers including H&M, Nike, Wal-Mart, Levi's, Adidas, Gap and Marks & Spencer have been accused of purchasing clothing from suppliers who illegally discharge polluted water in China.
Sectors: Apparel, Fibres & fabrics, Manufacturing, Retail, Social & environmental responsibility, Sourcing
Companies: JCPenney, Calvin Klein, Tommy Hilfiger, Van Heusen, H&M, Nike, Wal-Mart, Levi’s, Marks & Spencer
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