Finance: Latest news and analysis articles
The new boss at British high street giant Marks & Spencer has set out his plans to turn around the retailer's key clothing division by lower...
US specialty clothing retailer Gap Inc has been downgraded to junk status by Fitch Ratings in the latest of a series of woes for the company...
The spring season appears to be off to a slow start for the few US apparel retailers who still report their monthly sales, with cool, wet we...
Hennes & Mauritz (H&M) is to place its first volume orders for shoes made with water-based vegan leather this year as part of new sustainabi...
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.
In the most recent first-quarter filings from US apparel brands and retailers, Urban Outfitters and American Eagle Outfitters both revealed strong results, while JC Penney narrowed its net losses but booked a drop in sales. Skechers, Carter's and Columbia Sportswear, meanwhile, all recorded record sales performances for the quarter, while Under Armour posted another solid quarter of revenue growth.
Lingering headwinds including unseasonably warm weather have promped Ugg boot owner Deckers Brands to book a softer-than expected full-year and first-quarter outlook – as the apparel and footwear group also announced the retirement of its CEO.
Clothing maker Gildan Activewear has completed the previously announced purchase of Ennis Inc's apparel division for US$110m.
Teen apparel retailer Abercrombie & Fitch has named two new brand presidents responsible for all product and customer-facing activities.
Apparel and footwear group Deckers Brands has announced Dave Powers will succeed Angel Martinez as CEO following Martinez's retirement, effective 31 May.
Fashion software provider Visual 2000 International has released several new payment gateway integrations to their suite of omni-channel business software.
Innovation was the hot topic last week as a raft of apparel and textile companies revealed new fabrics, fibres and technologies designed to shake-up the industry.
Struggling teen apparel retailer Aeropostale has finally filed for bankruptcy protection, joining the ranks of American Apparel, Quiksilver, Pacific Sunwear and Sports Authority as the latest in a series of high-profile retail collapses.
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