Retail: 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...
Millennial consumers are coming of age, with UK forecasts suggesting their spending on fashion over the next five years will grow at double...
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.
"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.
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.
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.
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.
British luxury brand Jimmy Choo has booked a “pleasing” first-half performance with double-digit retail sales growth and higher earnings.
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.
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.
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.
- 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
- Myanmar's Garment Sector in 2015 - now with updated members' directory
- Global market review of lingerie - forecasts to 2020
- Global market review of swimwear - forecasts to 2019