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Yuan devaluation impact mixed for garment firms

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...

Gap bullish on China growth opportunities

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...

China devaluation: what’s the big deal?

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...

Millennials to separate apparel winners and losers

Millennial consumers are coming of age, with UK forecasts suggesting their spending on fashion over the next five years will grow at double...

Latest Interviews

Kurt Cavano on “the Uberfication of everything” 26 Aug 2015

Leonie Barrie

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.


Levi Strauss raises the bar on sustainability 26 Jun 2015

Michelle Russell

"We're best when we're leading and pioneering," is Michael Kobori's take on denim giant Levi Strauss & Co's responsibility in ensuring it has an ethical supply chain. But it is competition, believes the company's VP of sustainability, more so than collaboration, that really raises the bar when it comes to sustainability.

Latest News

Stock-out paradox persists despite data overload 28 Aug 15

Leonie Barrie

Despite living in the ‘golden age of data,’ with retailers having access to unprecedented levels of information on shopping behaviour and trends, their planning and prediction efforts are still failing to meet consumer demand, a new survey suggests. And the problem seems to be most acute in fashion and footwear.


US Q2 in brief: J Crew, Aeropostale, Bebe Stores 28 Aug 15

Michelle Russell and Katie Smith

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.


Top stories this week on just-style... 28 Aug 15

Katie Smith

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.


Hermès maintains sales outlook as H1 profit climbs 28 Aug 15

Michelle Russell

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.


Jimmy Choo “pleasing” H1 as challenges loom 28 Aug 15

Michelle Russell

British luxury brand Jimmy Choo has booked a “pleasing” first-half performance with double-digit retail sales growth and higher earnings.


Etam Group reveals mixed first-half 28 Aug 15

Michelle Russell

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.

Latest blogs

Social media and selfies sway fashion sales 21 Aug 15

Leonie Barrie

As if retailers didn’t have enough to contend with as they try to get to grips with doing business in a digitally-connected omni-channel world, it seems the rise of the “selfie” is also beginning to impact the way consumers shop.


Public opinion matters more than Modern Slavery Act 17 Aug 15

Michelle Russell

Britain’s Modern Slavery Act, which began coming into force at the end of July, sets new disclosure standards on an extraordinary number of garment businesses. But its legal niceties won’t really determine the law’s impact, says one industry observer, who believes public opinion matters more.

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