All articles by Beth Wright
Beth Wright
Target promotes Gretchen McCarthy to supply chain chief
Target Corporation has announced Brian Cornell will remain as CEO for a further three years and named Gretchen McCarthy, senior vice president, global inventory management, as its new chief supply chain and logistics officer.
Top stories this week on Just Style…
Top stories this week on Just Style include a look at Nike, Inc’s new apparel innovation, Nike Forward, and what the age of uncertainty means for sustainability.
Reebok veteran Todd Krinsky named CEO
Todd Krinsky has been named CEO of Reebok, succeeding Matt O’Toole, who has led Reebok for over 15 years and will be joining Authentic Brands Group (ABG), owner of the Reebok brand, in 2023.
Primark taps into menopause apparel market with new range
Primark is launching its first collection of nightwear, underwear and base layers which use the latest product innovations including anti-flush technology, cooling yarn, odour control, and temperature control designed to relieve symptoms such as hot flushes and sweating that are associated with menopause.
Asos FY profit expected at bottom end of guidance
UK online retailer Asos expects full-year profit to be around the bottom end of company guidance, with constant currency sales growth of about 2% after weaker sales than anticipated in August.
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Nike Forward said to be most significant innovation since Dri-Fit
US sportswear giant Nike, Inc has unveiled what it says is its most significant apparel innovation since Dri-Fit, moving away from traditional knit and woven processes to develop Nike Forward, a material said to have lighter density than traditional knit fleece and comprised of 70% recycled content.
US imports to fall below last year for remainder of 2022
With inflation continuing and the Federal Reserve hoping to cool demand through higher interest rates, imports at major US container ports are expected to fall below last year’s levels for the remainder of 2022, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Marimekko commits to SBTi to tackle greenhouse gas emissions
Finnish fashion brand Marimekko has committed to the Science Based Targets initiative (SBTi) to set science-based emissions reduction targets.
H&M Foundation pledges $250,000 to support Pakistan flood relief
H&M Foundation is donating US$250,000 to help support those affected by the devastating flooding in Pakistan which comes as the country is experiencing abnormal monsoon rainfall nearly three times higher than the past 30-year average.
US Q2 in brief – TJX Companies, Shoe Carnival, Ralph Lauren
Just Style takes a look at the latest quarter (Q2) filings from US apparel and footwear brands and retailers.