Austin Reed

Apparel and textile industry company news

Subscribe via RSSWhat is RSS? | 23 Jan 2001

In part two of her series on the Mauritian textile and apparel trade, Niki Tait takes an in depth look at the island's economy, government incentives and local textile companies. | 22 Jan 2001

Just 30 years ago, Mauritius was dependant on the sugar business for its livelihood. Today, it has a thriving textile and apparel industry that has toppled sugar as the preeminent exporter and employs over a third of the island's population. Niki Tait pays a visit to an industry that shows no sign of slowing up. | 3 Oct 2000

The stock prices and reputations of once-unshakeable British names are in sharp decline. The looks that defined the British image are no longer hip. Customers at home and abroad are abandoning the oldest names in fashion and fragrances in favour of labels from Italy, France, and the United States. But all is not lost says John Arlidge.

Retail Intelligence | 29 Sep 2000

Retail is becoming an international operation with the process speeding up dramatically in the 90s, despite difficult economic conditions. Retail Intelligence looks at the top international players and sectors most likely to succeed.

Latest News

Beth Wright | 24 Nov 2016

UK clothing retailer Edinburgh Woollen Mill Group is to accelerate new store openings and plans to relaunch the Austin Reed brand on the back of strong sales and record profits last year.

Beth Wright | 31 May 2016

Weeks of negotiations to try to save collapsed UK retailer Austin Reed Group have led to the sale of its brands – but will see 120 stores close by the end of June with the loss of around 1,000 jobs. | 1 Jun 2009

Plans for the sale of bankrupt Chicago-based suit maker Hartmarx seem to be stumbling after its chief lender Wells Fargo says it opposes a US$119m deal reached last week with Emerisque Brands and SKNL North America – a unit of Indian apparel maker S Kumars Nationwide Ltd. | 26 May 2009

Bankrupt Chicago-based suit maker Hartmarx Corporation has agreed to sell its assets to Emerisque Brands UK Limited and SKNL North America - a unit of Indian apparel maker S Kumars Nationwide Ltd - in a deal worth US$119m. | 13 Feb 2009

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story. | 9 Feb 2009

The Austin Reed clothing chain has agreed to purchase women's wear firm Viyella from administrators for an undisclosed fee.

Joe Ayling | 29 Jan 2009

The timing of Hartmarx' Chapter 11 bankruptcy filing is unfitting for a suit maker who dressed one of the US' all-time favourite presidents for his inauguration day in Washington DC last week. | 26 Jan 2009

Hartmarx Corporation, the US-based clothing group, has filed for protection under Chapter 11 of the US Bankruptcy Code. The company said that the action had been taken as a result of a decline in discretionary apparel purchases by consumers and by the company's retail customers. | 5 Aug 2008

Fashion investor Howard Tillman has expressed an interest in high street chain Austin Reed - amid reports that its owners could sell up. | 27 Jun 2008

International Women’s Apparel Inc (IWA), a subsidiary of Hartmarx Corporation, has expanded its e-commerce initiatives to meet growing demand for online sales of its clothing brands. | 9 May 2008

Clothing retail group Austin Reed saw improved underlying profitability during its first full year as a private company, according to press reports. | 4 Mar 2008

UK retailer Austin Reed is planning to roll out at least 10 stores across the Middle East over the next five years after signing a franchise deal with Kuwait based Speciality Fashion Group (SFG). | 1 Nov 2007

UK retailer Austin Reed Group has revealed plans to open a further 60 stores in the next two years, with the company doubling its original three-year opening plan. | 17 Oct 2007

Superior Uniform Group is to market clothing and accessories made by Hartmarx Corp under the Palm Beach, Hart Schaffner Marx, Austin Reed, Perry Ellis and Tommy Hilfiger brands after signing an exclusive alliance with the firm’s International Women's Apparel Inc subsidiary. | 17 Aug 2007

Clothing and sportswear firm Hartmarx Corporation has acquired casual clothing maker Monarchy LLC as it tries to reduce its dependence on sales of tailored clothing to mainstream department stores. | 18 Apr 2007

Hartmarx Corp is going to take its Hart Schaffner Marx label into lifestyle brand territory, and it’s going to lean on its Hickey-Freeman unit to lead the charge. | 6 Feb 2007

Clothing and shoe firm Alexon Group confirmed it has received a buyout approach but did not disclose who the interested party was. | 25 Sep 2006

Apparel retailer Austin Reed has bounced back into profit after a chain of store refurbishments. | 11 Sep 2006

Men's and ladies' wear chain Austin Reed has rejected a takeover bid from financial vehicle Dawnay Day and has reportedly now been approached by Harold Tillman, boss of rival retailer Jaeger. | 13 Jun 2006

Improved margins and stock control have led to a continued recovery at fashion retailer Austin Reed, the company said. | 12 Apr 2006

Clothing retail group Austin Reed made a small profit in the year to 28 January 2006, improving margins and reducing debt in the process. | 27 Jan 2006

Retail group Austin Reed is renaming its sub-brand Minosa and adding it back to women's wear stable CC. | 19 Jan 2006

Clothing retailer Austin Reed has reported improved sales at its namesake chain, but reported less uplifting trading at the CC business. | 7 Oct 2005

High-street clothing retailer Austin Reed has reported disappointing results for the first half of the year, posting a loss of £1.1 million for the six months ended 13 August. | 8 Jun 2005

Retail group Austin Reed has revealed plans to abbreviate the name of its Country Casuals division to CC. | 7 Jun 2005

Upscale clothing retailer Austin Reed Group Plc has reported a 3 per cent fall in same-store turnover for the 18 weeks ended 4 June.

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