In the money

In the money

A regular in-depth analysis prompted by what’s happening in the financial world and how it impacts on the apparel and footwear supply chain from manufacturing to retail.

IN THE MONEY: Gap bullish on China growth opportunities 25 Aug 2015

US retail giant Gap Inc has said it remains bullish on its long-term growth prospects in China despite the yuan deflation, while also revealing it is on track with its strategic restructuring.

IN THE MONEY: JC Penney reiterates focus on supply chain efficiency 19 Aug 2015

US department store retailer JC Penney has said it will continue to focus on enhancing the efficiency of its supply chain as one of a number of levers to help drive gross margin improvement.

IN THE MONEY: VF Corp confirms interest in Africa sourcing 27 Jul 2015

US apparel giant VF Corp has confirmed its interest in Africa as a sourcing destination as it continues to create a "balanced portfolio" of countries where it can manufacture its products.

IN THE MONEY: Nike reaffirms US production commitment 29 Jun 2015

Sporting giant Nike has reaffirmed its commitment to scaling up its advanced domestic manufacturing operations following the clearance of a number of key pieces of US trade legislation last week.

IN THE MONEY: H&M faces margin pressure on dollar impact 26 Jun 2015

H&M Hennes & Mauritz will likely suffer gross margin pressure in the near-term, analysts believe, as the negative impact from the strong US dollar is compounded by increased purchasing costs and increasing wages.

IN THE MONEY: PVH eyes "dramatic" improvement for women's jeans 3 Jun 2015

PVH Corp said the industry should start seeing more dramatic improvements in its women's jeans business thanks to initiatives to grow the division, and despite operating in a denim industry it says is “not a hot category" at the present time.

IN THE MONEY: Abercrombie & Fitch speeding up supply chain 29 May 2015

Teen apparel retailer Abercrombie & Fitch Co says it is seeing progress in ongoing efforts to make quicker decisions and speed up its supply chain - even though net losses widened in the first-quarter.

IN THE MONEY: SuperGroup to adapt sourcing model for speed 27 Mar 2015

Superdry brand owner SuperGroup has revealed plans to adapt its buying model to source more directly and flexibly, with the aim of improving efficiency and speed to market.

IN THE MONEY: Innovation and supply chain remain key for Nike 20 Mar 2015

Sporting goods giant Nike Inc says it will continue to put substantial money and resources into its supply chain to increase speed to market, and ensure it stays ahead on innovation.

IN THE MONEY: Nimble supply chain to add to Ann Inc profit 18 Mar 2015

US women's wear retailer Ann Inc sees the supply chain as a key lever for enhancing its profitability, and has identified $50m in ongoing annualised gross margin benefits over the next two years.

IN THE MONEY: Adidas sets sights on America after mixed year 5 Mar 2015

If 2014 began as a year full of promise for German sports group Adidas – thanks to its strong presence at the World Cup in Brazil – it closed with an air of slight disappointment, thanks to reversals in golf, Russia and the currency exchanges. But it now has its sights set on North America.

IN THE MONEY: Omnichannel biggest opportunity for JC Penney 5 Mar 2015

US department store retailer JC Penney has said one of its biggest opportunities for incremental growth in the near term is in omni-channel, as it looks to deliver continued improvements in the business.

IN THE MONEY: Levi Strauss warns of port delays on supply chain 13 Feb 2015

Denim giant Levi Strauss & Co has said the “volatile” and “unpredictable” delays occurring on the West Coast ports could adversely affect its supply chain and product availability if it continues.

IN THE MONEY: Strong US dollar hitting H&M sourcing costs 29 Jan 2015

H&M Hennes & Mauritz has acknowledged that pricing may have to fluctuate to reflect challenges created by the increasingly strong US dollar, which is affecting sourcing costs for the Swedish apparel group.

IN THE MONEY: Lululemon confident of turning a corner 12 Dec 2014

Canadian yoga wear brand Lululemon Athletica says it has turned an important corner and will be relentless about accelerating forward, after revealing third-quarter earnings that beat expectations.

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