Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Former BHS owner Retail Acquisitions on brink of liquidation Michelle Russell | 5 May 17

Retail Acquisitions Ltd (RAL), the former owner of collapsed British high street chain BHS, could be heading for liquidation a court decided this week.

Sir Philip Green strikes BHS pension deal Michelle Russell | 1 Mar 17

The UK's Pensions Regulator has secured a cash settlement with Sir Philip Green that will see up to GBP363m (US$446.2m) put back into the BHS pension scheme.

Arcadia faces supply chain disruption amid fresh strikes Michelle Russell | 15 Feb 17

Arcadia's Topshop, Miss Selfridge and Burton Menswear stores could face stock disruption later this month as logistics workers prepare for fresh industrial action with a two-day strike over wages.

Call for scrutiny of large UK private companies Michelle Russell | 13 Feb 17

The UK's Work and Pensions Committee is calling for the corporate governance requirements for public listed companies to be extended to large private firms in order to prevent another collapse similar to that of retail chain BHS.

BHS administrators seek control of former owner Michelle Russell | 24 Oct 16

The administrators of failed British department store retailer BHS have filed a High Court petition to wind up Retail Acquisitions, the chain's former owner, in a bid to track "millions of pounds" taken out of the business.

BHS prepares to relaunch as online retailer Michelle Russell | 8 Sep 16

Failed British department store retailer BHS may be set to rise from the ashes and relaunch as an online retailer just one month after it disappeared from the high street.

BHS to shutter all remaining stores by next month Beth Wright | 26 Jul 16

Failed British department store retailer BHS will see its remaining stores shuttered within four weeks.

Sir Philip Green blamed for the collapse of BHS Michelle Russell | 25 Jul 16

"What kind of man is it who can count his fortune in billions but does not know what decent behaviour is?" The words of Rt Hon Frank Field MP, chair of the Work and Pensions Committee, will be stark reading for retail tycoon Sir Philip Green after British MPs today (25 July) published a damning report into the collapse of the BHS retail chain.

BHS begins UK wind-down with 20 store closures Beth Wright | 20 Jul 16

Failed British department store retailer BHS is beginning to wind down its operations with plans to shutter 20 of its UK stores at the weekend.

BHS online and overseas operations sold off Michelle Russell | 6 Jul 16

The online and overseas operations of failed British department store retailer BHS have been sold to Qatar conglomerate Al Mana.

BHS to be wound down with loss of 11,000 jobs Leonie Barrie | 2 Jun 16

After more than eight decades of trading, British department store retailer BHS is to go into liquidation with the loss of up to 11,000 jobs after efforts to find a buyer failed.

BHS supplier Courtaulds Brands in administration Michelle Russell | 26 May 16

The fall-out from the demise of UK apparel and homewares retailer BHS is starting to be felt as two of its suppliers have gone into administration, including the owner of the Pretty Polly, Gossard and Aristoc brands.

M&S and Debenhams will gain most from BHS break-up Michelle Russell | 18 May 16

UK retailers Marks & Spencer and Debenhams stand to gain the most from the break up of high street stalwart BHS, which went into administration last month, according to one analyst. 

BHS receives "five bids" for majority of business Michelle Russell | 11 May 16

The administrators of UK retailer BHS are understood to have received five bids for the bulk of the business, just weeks after it collapsed into administration.

Insolvency Service to probe BHS administration Leonie Barrie | 5 May 16

The UK's Insolvency Service has been instructed to launch a fast-track investigation into the circumstances surrounding last week's collapse retailer BHS, which has left around 11,000 jobs at risk.

BHS receives "expressions of interest" Michelle Russell | 28 Apr 16

UK high street stalwart BHS has received a number of expressions of interest, its administrators have said, just days after filing for administration.

BHS "lacks relevance" as it files for administration Michelle Russell | 25 Apr 16

A lack of modernisation, an unclear brand identity and a rapidly evolving competitive landscape have driven the collapse of UK retailer BHS after 88 years trading.

BHS wins stay of execution to restructure Michelle Russell | 24 Mar 16

High street stalwart BHS has won a stay of execution after creditors voted in support of a rent cut plan for some of its UK stores.

BHS threatens 40 store closures in rent review Michelle Russell | 4 Mar 16

UK high street stalwart BHS has threatened to close around 40 stores unless it is successful in "substantially" reducing rents.

BHS names Topp interim chief executive Katie Smith | 20 Mar 15

Struggling department store chain BHS has confirmed the appointment of Darren Topp as its interim CEO following the resignation of Richard Price.

BHS "looking at options" for store portfolio Michelle Russell | 19 Mar 15

Troubled department store chain BHS said it is "looking at options" for its property portfolio that may result in store closures, following its sale last week to Retail Acquisitions.

Arcadia sells BHS in "sensible strategic" move Katie Smith | 12 Mar 15

UK retailer Arcadia Group has sold its troubled department store chain BHS to Retail Acquisitions in a deal described by one analyst as a "sensible strategic" move.

UK: Arcadia urged to sign Bangladesh safety accord Katie Smith | 24 Jul 13

Fashion retail group Arcadia has been urged to sign the accord on fire and safety in Bangladesh, following the recent garment factory tragedies in the country.

GERMANY: Topshop to enter Germany? Katie Smith | 5 Mar 13

Fashion retail group Arcadia is reportedly planning to open its first Topshop stores in Germany.

Obstacles facing Burma's textile and clothing sector Jozef De Coster | 27 Feb 13

Burma's garment industry has huge potential to contribute to national economic growth, both as a foreign exchange earner and a massive job provider. However, in order to achieve its full potential, the sector needs to overcome a range of obstacles, outlined here by Jozef De Coster.

just-style's research roundup Liz Hague | 18 Feb 13

Featured reports from just-style's research store this week include company briefings on Arcadia, H&M and Next, a look at the trends in world textile and clothing trade, and global and regional trends in mill fibre consumption and man-made fibre production.

UK: Gieves & Hawkes shuffles management Katie Smith | 5 Feb 13

Gieves & Hawkes has revealed a series of management appointments in a bid to drive growth at the London-based tailor.

SLDF 2012: Manufacturer Timex expands own-brand apparel Petah Marian | 19 Nov 12

Sri Lankan clothing producer Timex is expanding its own brands in Asia and Europe as part of plans to move into higher margin areas to offset rising costs in its domestic manufacturing operations.

UK: Arcadia ramps up use of British manufacturers? Petah Marian | 15 Oct 12

Arcadia owner Sir Philip Green is reportedly ramping up the retailer's use of British manufacturers.

Top stories on just-style this week... Katie Smith | 7 Sep 12

Top stories on just-style this week include the Olympic Games failing to boost August retail sales in the UK, a look at just-style's latest management briefing on RFID technology and H&M calls for higher wages for garment workers in Bangladesh.







just-style homepage

Forgot your password?