Asda Group Limited

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US: Full-year profit rises 5.8% at Wal-Mart | 20 Feb 08

Rising sales at UK retailer Asda, which sells the George range of clothing, has helped boost annual revenue and profits at Wal-Mart.

UK: Sales boom at budget fashion stores | 30 Jan 08

The UK’s obsession with cheap fashion from shops such as Primark, Asda and Matalan has led to a 45% growth in the value clothing market over the last five years, according to new research.

UK: Sportswear chains come last in Which? retail survey | 24 Jan 08

Consumer research group Which? has placed JD Sports and JJB Sports at the bottom end of its customer satisfaction survey of UK retailers.

US: Wal-Mart vice chairman John Menzer to retire | 21 Jan 08

John Menzer, vice chairman of Wal-Mart Stores, is to retire from the company on 1 March, having spent 12 years at the US retailer.

UK: Debenhams “cautious” despite Christmas sales increase | 15 Jan 08

Department store operator Debenhams is predicting difficult market conditions this year despite announcing a 2.2% increase in like for like sales for the Christmas period.

UK: John Lewis voted the nation’s favourite retailer | 11 Jan 08

Department store chain John Lewis has been voted the UK’s favourite retailer in a poll of over 6,000 shoppers.

M&S stumbles as festive fallout takes hold | 10 Jan 08

There was little Christmas cheer at M&S yesterday (9 January) after the retailer posted its worst quarterly results in more than two years. But are the figures symptomatic of problems at M&S specifically or simply evidence that the UK retail boom is well and truly over?

UK: Charity claims retailers still underpay factory workers | 12 Dec 07

One year after exposing what it described as “sweatshop” conditions in factories producing clothes for leading UK retailers, the charity War on Want claims workers in Bangladesh are still paid just GBP0.05 an hour for an 80-hour week.

UK: Primark FY profit up 20% despite wet summer | 6 Nov 07

The wet summer failed to dampen growth at discount clothing retailer Primark, which registered revenue growth of 37% in the year ended 15 September.

UK: Primark overtakes Asda as value clothing leader | 26 Oct 07

UK fashion retailer Primark is poised to overtake George at Asda as the market leader in the GBP8.5bn value clothing sector according to new research published today (26 October).

AUSTRALIA: UK retail guru to advise Wesfarmers on Coles | 18 Oct 07

Archie Norman, the British retail executive who led the transformation of the Asda supermarket chain, is to have a key advisory role in Wesfarmers’s proposed AUD$22bn (US$17.7bn) acquisition of Australian retail group Coles.

UK: Asda tackles the replica soccer kit market Joe Ayling | 12 Oct 07

Having agreed a supply deal with sporting goods firm Diadora, UK supermarket chain Asda is now hoping to bring more top brand replica shirts, including Nike and Adidas, to supermarket shelves.

UK: Asda picks M&S’ Thompson to take George global | 26 Sep 07

Asda has put M&S’ former retail director Anthony Thompson at the helm of its star George fashion label with a remit to expand the business to international markets.

Fast Retailing shows no sign of a slowdown | 21 Sep 07

Despite losing out in this summer’s takeover battle for upscale retailer Barneys New York, Fast Retailing is determined to quicken the pace of its global expansion in a bid to double its annual sales to JPY1 trillion by 2010. Michael Fitzpatrick reports.

UK: Retailers accused of exploiting Indian factory workers | 6 Sep 07

A row has erupted over the alleged exploitation of Indian workers making clothes for some of the UK’s leading high street retailers including Gap, H&M, Marks & Spencer, Matalan, Mothercare and Primark.

UK: Fashion must face up to supply chain issues | 4 Sep 07

Fashion companies find it increasingly difficult to manage offshore production under the current climate of media scrutiny and corporate social responsibility (CSR), a panel of experts revealed yesterday (3 September).

UK: Asda hires Thompson to lead George clothing brand | 4 Sep 07

Wal-Mart's UK subsidiary Asda has appointed ex-Marks and Spencer retail director Anthony Thompson as managing director of its clothing unit George.

US: Wal-Mart cuts full-year forecast as Q2 falls short | 14 Aug 07

Wal-Mart warned today (14 August) that its full-year profits would not meet its initial targets thanks to consumers worldwide tightening their belts.

UK: Asda confirms departure of George clothing boss | 13 Aug 07

Supermarket group Asda today (13 August) confirmed that Angela Spindler, an executive director of the company and global managing director of clothing line George, has resigned.

Outsize is in, but will apparel retailers latch on? | 20 Jul 07

With the plus-size market forecast to grow by at least 10% a year in the US, the accelerated demand for outsize clothing represents a huge opportunity to generate new sales, according to a new report from just-style.

UK: Tesco and Asda accused of abuses at Bangladeshi factories | 16 Jul 07

Supermarket groups Tesco and Asda have promised to probe claims of worker abuse at factories in Bangladesh where their clothes are made.

UK: Clothing sales hit by poor weather in June | 28 Jun 07

UK retail sales growth slowed in June for the second month in a row, as poor weather dampened demand for summer clothing.

UK: Tesco sales growth brakes on non-food slowdown | 19 Jun 07

First quarter performance at Tesco, one of the world’s largest retailers, has been overshadowed by a slowdown in its non-food business - which includes clothing.

US: Wal-Mart trims Mark Eisen line as fashion flounders | 31 May 07

Wal-Mart Stores Inc is to reduce the number of shops that sell its fashion line by designer Mark Eisen in a bid to clear out stocks of unsold clothing.

UK: Sainsbury’s sees clothing as key to expansion plans | 21 May 07

UK supermarket groups are honing in on clothing as their secret weapon in the battle to increase sales and market share.

UK: Clarks to give Ravel fascia the boot | 11 May 07

Footwear group Clarks is to phase out its Ravel fashion footwear chain after more than 30 years.

UK: George clothing line faces size-zero criticism head on | 11 May 07

Asda clothing line George has reacted to criticism for selling size-zero by condemning the advertisement of such clothing.

UK: Apparel wholesalers lag behind high street success | 2 May 07

High street shops have enjoyed strong annual growth in sales volumes, with year-on-year increases the highest in almost three years, according to a survey by UK businesses organisation CBI.

UK: Sustainable fashion theme for ASBCI Conference | 23 Apr 07

The crucial issue of sustainability will be the theme for the ASBCI’s Annual Industry Conference and Dinner 2007 next month, with speakers exploring the impact, costs and alternatives to clothing miles and fast ‘throwaway’ fashion.

UK: Asda vetoes “offensive” T-shirt | 5 Apr 07

UK supermarket retailer Asda has shelved a T-shirt deemed offensive to females.








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