Finance: Latest news and analysis articles
Apparel industry executives are playing down the potential impact of the decision by China's central bank to reduce the value of the yuan to...
US retail giant Gap Inc has said it remains bullish on its long-term growth prospects in China despite the yuan deflation, while also reveal...
Why the fuss about China’s yuan devaluation earlier this month? While pretty trivial by the standards of the past 50 years, it has managed t...
US department store retailer JC Penney has said it will continue to focus on enhancing the efficiency of its supply chain as one of a number...
Easy access to cheap capital, infinite computing power, and “the Uberfication of everything” are converging to create a perfect storm of disruption that's already starting to shake up the apparel retail industry, according to Kurt Cavano, founder and chief strategy officer of cloud-based supply chain platform GT Nexus.
A "constant run to keep up" with consumer demands is keeping multi-channel retailer N Brown on it toes as it adapts its sourcing model, its systems and international growth to keep apace. Paul Kendrick, customer, financial services and international director, explains.
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. J Crew moved to a loss in its latest quarter, while Bebe Stores improved its net loss and announced a licensing deal for China. Aeropostale booked a net loss for the eleventh straight quarter, and Destination XL delivered what it said was an “outstanding” quarte. rDollar General posted increases in earnings and sales, including apparel, Burlington Stores has raised its full-year guidance after returning to profit, and PVH Corp revealed results that beat its expectations, upping its full-year guidance.
The most-read stories on just-style this week include a look at the potential impact of China's currency devaluation on garment imports and exports, whether Vietnam has the skills and capacity to cope with its impending trade deals, and an interview with Kurt Cavano, founder and chief strategy officer of GT Nexus on apparel industry disruptors.
US apparel business Perry Ellis International has assumed control of its men's bottom's and accessories businesses in Canada.
French luxury goods group Hermès is maintaining its sales guidance but has lowered its full-year operating profit outlook on the back of negative currency fluctuations.
Women's wear, lingerie and accessories retailer Etam Group has booked a mixed first-half as sales climbed but earnings and gross margin declined on increased European markdowns.
Australian surfwear brand Billabong has booked its first annual profit in four years, with the benefit of its efficiency measures expected to be seen over the course of the next fiscal.
After the latest round of TPP talks failed to clinch a deal, the race is now on to secure an agreement before the US presidential elections halt progress. Trade ministers are scrambling to try and forge a final Trans-Pacific Partnership (TPP) agreement within two months, after a meeting of trade ministers in Hawaii failed to clinch a deal last week.
As part of UK government efforts to lead the global fight against slavery, new legislation will require retailers to publish an annual statement outlining the steps they have taken to ensure slavery and human trafficking are not taking place in their businesses or supply chains.
- Yuan devaluation impact mixed for garment firms
- Will Vietnam struggle with impending trade deals?
- The new age of disruption on apparel production
- China devaluation: what’s the big deal?
- Gap bullish on China growth opportunities
- US Q2 in brief: J Crew, Aeropostale, Bebe Stores
- Luen Thai to continue investment in Vietnam
- Adidas seeking to resolve shoe supplier dispute
- China market woes could hit consumer spending
- Adidas files trademark suit against Forever 21
- Global Database of the Top 1000 Apparel Producers - Company Names, Financial Performance, and Contact Details
- Ethiopia – the emerging textile and clothing industry
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