Top stories on just-style this week...
By Katie Smith | 13 July 2012
Among the most-read stories on just-style this week was news that Marks & Spencer's general merchandise executive director Kate Bostock is leaving the company, the latest inter-governmental report on the world's cotton trade, and a look at the challenges M&S's new executives face.
UK: Marks & Spencer fashion boss Bostock steps down
Marks & Spencer confirmed that general merchandise executive director Kate Bostock will leave the company "by mutual consent" as first quarter general merchandise sales plunged.
WORLD: Cotton trade projections point to low prices
The latest inter-governmental report on the world's cotton trade has lifted its forecast for global cotton stocks in the upcoming season, in a move that adds further weight to projections that international prices are set to stay low for another year.
M&S faces continuing challenges in clothing
Marks & Spencer, the UK's largest clothing retailer, is shaking up its senior management team after booking a 5.1% drop in first quarter general merchandise sales. Here, Petah Marian looks at the challenges the new executives will face as they attempt to turn around its clothing division.
Indian makers must face up to new challenges
The Indian apparel and textile industry needs to evolve and adapt quickly to overcome changing patterns in demand from its major export markets, delegates at a textile conference in New Delhi were told last week.
US: Warnaco to review European operations
Warnaco is conducting a comprehensive review of its European business, with the aim of "better positioning the company for future growth and improved profitability."
Sectors: Apparel, Fibres & fabrics, Finance, Manufacturing, Retail, Sourcing
Companies: Marks & Spencer, Warnaco
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