Top stories on just-style this week...
Top stories on just-style this week include a call for Bangladesh to improve productivity, the sale of American Eagle's 77kids brand, and a report on factors influencing future cotton prices.
Productivity push could end Bangladesh garment woe
If Bangladesh wants to stop Western clothing brands and retailers from shifting their sourcing elsewhere, factory owners must improve productivity so they can afford higher wages and bring an end to recurrent labour unrest, industry experts believe.
US: 77kids sold to former Children's Place CEO Dabah
US teen clothing retailer American Eagle Outfitters has sold its loss-making children's business 77kids to Ezra Dabah, the former CEO of The Children's Place, for an undisclosed amount.
Global stocks and China weighing on cotton prices
As the new cotton season gets underway, the latest forecasts suggest international prices in the year ahead are likely to continue to remain low - but that much will depend on how the Chinese government handles its national reserve and on the timing and amount of additional import quotas.
BANGLADESH: Woven garment exports up 12% in July
Bangladesh's woven garment exports grew by nearly 12% in July despite the economic meltdown in the United States and the European Union, a senior official said on Monday (13 August) - although there was little change in knitwear shipments.
US: AGOA, DR-CAFTA fixes and Burma bill signed into law
Legislation that will help provide stability for apparel and textile firms sourcing from sub-Saharan Africa and Central America, and also renews trade sanctions on Burma, has been signed into law by President Barack Obama.
Textile-making countries came up against a range of labour, economic and environmental issues in 2012, including the worsening Eurozone crisis which dampened demand in key export markets. While some s...
LeAnn Nealz, the president and chief creative officer of Fifth & Pacific's struggling Juicy Couture brand, is to leave the company....
US teen clothing retailer American Eagle Outfitters is to take over the operation of six stores in China and Hong Kong, which have been part of a licence agreement....
US clothing retailer American Eagle Outfitters is set to open its first owned and operated store in Mexico City. ...
US teen clothing retailer American Eagle Outfitters said it remains on track to deliver its fourth-quarter earnings expectations after sales rose 5%....
The CEO of clothing retailer Coldwater Creek, Dennis Pence, will retire at the end of the year, leaving chief merchandising officer Jill Brown Dean to take the helm. ...
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