Apparel and textile industry company news

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UK: Asos posts full-year profits jump Petah Marian | 24 May 12

Online clothing retailer Asos has reported a jump in full-year profits as the company saw sales boosted by stellar international growth.

UK: Asos books 33% in Q4 revenue but UK growth slows Leonie Barrie | 26 Apr 12

Online fashion retailer Asos Plc today (26 April) said it was "pleased" with a 33% jump in fourth quarter revenue and that full-year profit is set to be in line with expectations - although analysts greeted the results with mixed reviews.

Focus: Apparel internet retail in Australia (Part II) - global e-tailers lead the charge Euromonitor International | 26 Apr 12

In the second of a two-part series, Euromonitor International analyst Bettina Kurnik identifies the appeal of offshore e-tailers over their Australian counterparts, and reviews the way forward for local apparel specialist retailers.

just-style's research roundup Liz Hague | 16 Apr 12

Highlights from just-style's research store this week include a report on world textile and apparel trade and production trends, a look at the luxury and accessories market in China, and the clothing retail market in Russia.

Partnerships key to bringing back UK manufacturing Petah Marian | 13 Apr 12

Recent talk about high street brands and retailers shifting some of their manufacturing back to the UK requires long-term collaboration with local factories. Petah Marian looks at one such partnership.

UK: Asos share price soars on Q3 trading update Petah Marian | 19 Jan 12

Asos saw its share price jump today (19 January) as it reported a rise in third-quarter revenue, driven by the online clothing retailer's international division.

UK: Marks & Spencer plays down Bostock departure rumours Petah Marian | 24 Nov 11

Marks & Spencer has moved to quash rumours today (24 November) that general merchandise executive director Kate Bostock is in advanced talks to move to online fashion retailer Asos or another rival.

just-style's research roundup Liz Hague | 14 Nov 11

Featured reports from just-style's research store this week include a detailed look at the footwear sectors in China and Mexico, Asos' focus on service and research into the Australian clothing retail sector.

Asos first-half results: what the analysts say Petah Marian | 4 Nov 11

UK-based online fashion retailer Asos yesterday reported its first-half results. What did the City make of the company's recent performance?

Asos focuses on more lucrative international sales Petah Marian | 3 Nov 11

UK-based online fashion retailer Asos plans to focus its energies on its international business, with CEO Nick Robertson today (3 November) revealing that its overseas sales are worth 30-40% more than domestic ones.

UK: Asos H1 growth driven by international demand Petah Marian | 3 Nov 11

Global online fashion retailer Asos saw underlying profit jump over the first-half, with strong international growth offsetting weaker UK sales.

UK: International growth props up Asos Q2 Leonie Barrie | 14 Oct 11

Online fashion retailer Asos Plc is to speed up its overseas expansion after UK sales growth slowed to just 1% in the second quarter as economic challenges to weigh on consumer spending.

UK: Fashion and Textile Export Award winners revealed Petah Marian | 11 Oct 11

UK-based designer Mary Katrantzou was named winner of the the designer business category in the UK Fashion and Textile Export awards today (11 October).

AUSTRALIA: Asos launches Australian site Petah Marian | 15 Sep 11

Online fashion retailer Asos today (15 September) launched a Australian standalone website -

Top stories on just-style this week... Katie Smith | 12 Aug 11

Here is a roundup of the top five most-read articles on just-style this week. Click on each headline for the full story.

UK: Blacks Leisure Group appoints interim chairman Katie Smith | 11 Aug 11

Outdoor clothing and footwear retailer Blacks Leisure Group Plc has named Peter Williams as interim chairman while the company searches for a permanent replacement following the resignation of David Bernstein last week.

US: Asos expands American Apparel partnership Katie Smith | 8 Aug 11

Clothing maker American Apparel is stepping up its partnership with online retailer Asos as it tries to build new distribution and sales channels for its basic fashions.

Retail expansion: which strategies work best? Katie Smith | 21 Jul 11

Faced with constant pressure to expand their businesses, fashion brands and retailers have a number of choices: they can add new merchandise lines, target customers at new price points or in new geographical markets, or attempt all three. But what is the best strategy? A new report from just-style offers advice to apparel brand managers wanting to breath new life into existing portfolios.

UK: Asos Q1 sales buoyed by international surge | 14 Jul 11

Online fashion retailer Asos continued its relentless revenue surge with a 63% rise in first quarter revenues, led by a 160% increase in sales from its international operations.

UK: Obama wears Asos Africa shirt | 23 Jun 11

First lady Michelle Obama was seen wearing an Asos Africa printed sleeveless oversized shirt while visiting the Emthonjeni Community Center in Zandspruit Township, South Africa, the online fashion retailer said.

Sizing workshop measures up consumer needs | 17 Jun 11

Experts in fashion sizing believe that providing the right fit is growing in importance, as consumers demand more for their money.

UK: International growth fuels Asos FY profit surge | 2 Jun 11

Online fashion retailer Asos recorded a surge in full-year profit, boosted by sales growth across the board and, in particular, from its expanding international operations.

just-style management briefing: Global clothing retail trends | 1 Jun 11

For some it was a total disaster, for others a bump in the road, but the recession left no part of the clothing and textile retail sector unscathed. But now, as the economic recovery accelerates, global clothing retail trends are showing great diversity.

UK: Sourcing event to promote sustainable fashion | 16 May 11

A showcase of suppliers and manufacturers from all over the world working to fair trade, ethical and organic standards is taking place in London this year, providing an alternative sourcing opportunity for designers, retailers and brands.

UK retailers eye domestic manufacturing skills Joe Ayling | 15 Apr 11

UK retailers including Arcadia Group have made the headlines this week over the possibility of bringing some sourcing back home. Meanwhile, a factory in North London is proving that manufacturing in the UK still has legs, through a tie-up with internet retailer Asos.

UK: Asos sales continue to soar | 13 Apr 11

Online fashion retailer Asos today (13 April) revealed that international sales have overtaken those in the UK for the first time, and that profit for the year ahead is likely to be "towards the top end of expectations."

UK: Asos opens its doors to other fashion retailers | 1 Mar 11

Online fashion retailer Asos today (1 March) opened its doors to other fashion retailers, with a new platform called Fashion Finder letting shoppers track down brands not available on its main website.

UK: Skillset launches new fashion apprenticeships | 8 Feb 11

Training provider Skillset has joined forces with UK fashion companies to provide a growing number of apprenticeships to young people wanting to enter the fashion and textile industries.

UK: Asos Q3 buoyed by international progress | 19 Jan 11

Online retailer Asos has more than doubled its third quarter sales after international sales soared.

UK: Asos launches virtual store service | 6 Dec 10

UK e-tailer Asos has opened a new service for fashion boutiques to open virtual stores through its website, called Asos Marketplace.







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