Blog: Optimism, pessimism and nudity - welcome to 2012
Petah Marian | 4 January 2012
While industry watchers wait for the US' top retailers to release their December sales tomorrow, across the pond, UK retailers began revealing their Christmas performance, with John Lewis and Next both posting positive results.
US retailers are particularly optimistic, with the NRF forecasting a 3.8% sales rise in mid-December. Despite John Lewis and Next both posting gains, analysts remain concerned about the health of the UK high street.
Shore Captial analyst Clive Black said that Next's "mellow" end of year trading shows the "ongoing challenges facing the UK consumer", and this "must have a potentially negative read across for other apparel retailers on the high street".
From across the pond, to across the Channel, La Redoute has become mired in a twitter storm today, as an image advertising children's beach wear, inadvertently included a nude man frolicking in the water behind them.
The retailer fixed the image and apologised on Twitter within around two hours of it being initally reported. Like most Twitter storms, there has been a lot of noise, but it's likely to die down quickly.
When many companies take days to rectify these viral complaints (see Topman last year), La Redoute should be applauded for moving quickly to fix the image and apologise to customers who might have been offended.
Fresh from their disappointment at seeing the Trans-Pacific Partnership (TPP) free trade deal abandoned last month with an executive order by President Donald Trump, the US apparel and footwear sector...
With the ultimate aim of ensuring all the cotton in its products is sourced sustainably, value clothing retailer Primark is adamant that having a business model focused on offering the lowest prices o...
Last week we marked the inauguration of Donald Trump as the 45th president of the United States by taking a closer look at what's at stake for the textile and apparel trade – especially his promises t...
Continuing our look at what lies ahead for the apparel industry and its supply chain in 2017, the panel of industry experts consulted by just-style last week tackled likely shifts in the sourcing land...
- Hard hit Turkish industry is not knocked out
- "Power of the many" drives change at Otto Group
- China leads US apparel sources with falling prices
- Vietnam grows share of US apparel imports in 2016
- US apparel sector braces for potential cost hikes
- US Q4 in brief – Foot Locker, Nordstrom, Carter's
- Bangladesh crackdown has cost garment sector $100m
- Inditex and H&M boycott Dhaka Apparel Summit
- Macy's will "do the right thing", says Lundgren
- JC Penney to close 140 stores amid lower sales
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022