JC Penney Company Inc

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US: Ralph Lauren hails "spectacular" Q4, FY growth Leonie Barrie | 22 May 12

Luxury apparel and accessories business Ralph Lauren Corporation today (22 May) booked "spectacular" double-digit gains in both fourth quarter and full-year results - but warned that measures to change its distribution in China and economic uncertainty in Europe are likely to weigh on wholesale revenues in the year ahead.


US: JC Penney slides to Q1 loss in “tough” quarter Richard Woodard | 16 May 12

The transformation of retailer JC Penney has hit early trouble after the company reported big losses for the first quarter, impacted by double-digit sales and comps declines.


US: Liz Claiborne changes name to Fifth & Pacific Katie Smith | 15 May 12

Clothing company Liz Claiborne will from today (15 May) trade under the name of Fifth & Pacific Companies, as part of a move announced earlier this year to focus growing its global lifestyle brands.


US: Kellwood names Jill Granoff as CEO Katie Smith | 8 May 12

US clothing manufacturer Kellwood Co has appointed former Kenneth Cole Productions executive Jill Granoff as chief executive officer.


US: JC Penney appoints Hannah as CFO Petah Marian | 4 May 12

Troubled US retailer JC Penney has appointed Ken Hannah as CFO, replacing Michael Dastugue who left the company in the middle of April.


US: JC Penney appoints Wooster as men's wear head Petah Marian | 30 Apr 12

Troubled US department store operator JC Penney has announced the appointment of Nick Wooster as VP, brand, design and trends for menswear.


US: JC Penney names chief supply chain officer Petah Marian | 27 Apr 12

US department store operator JC Penney has made a series of senior appointments across its logistics, store design and communications departments.


US: Juicy Couture weighs on Liz Claiborne Q1 Leonie Barrie | 26 Apr 12

Strong demand for its Lucky Brand and Kate Spade lines have helped apparel maker Liz Claiborne Inc narrow its first-quarter losses, but its largest brand, Juicy Couture, continues to weigh on its fortunes.


US: Stage Stores hires Lawrence as CMO Katie Smith | 24 Apr 12

Discount department store retailer Stage Stores has appointed Steven Lawrence as chief merchandising officer, replacing Rich Maloney who resigned in February to pursue other interests.


VIETNAM: NBC begins construction of $2.4m garment plant Ngo Tuan | 23 Apr 12

An Phat Garment Joint Stock Company (JSC), a subsidiary of Vietnam's leading garment maker Nha Be Garment JSC (NBC), has begun construction on a new $2.4m garment plant.


Top stories on just-style this week... Katie Smith | 13 Apr 12

Top stories on just-style last week included the numbers of retailers collapsing into administration increased by 15%, JCPenney cutting 600 jobs at its headquarters and 48 apparel brands and retailers have been accused of purchasing clothing from suppliers who illegally discharge polluted water in China.


US: JC Penney CFO Dastugue departs Katie Smith | 12 Apr 12

Michael Dastugue, CFO of US department store retailer JC Penney, will leave the company this week and is to be replaced by COO Michael Kramer on an interim basis.


CHINA: Global brands hit by new claims of textile pollution Petah Marian | 11 Apr 12

Some 48 apparel brands and retailers including H&M, Nike, Wal-Mart, Levi's, Adidas, Gap and Marks & Spencer have been accused of purchasing clothing from suppliers who illegally discharge polluted water in China.


US: JC Penney cuts 600 headquarters jobs Leonie Barrie | 10 Apr 12

US department store retailer JCPenney Company Inc is axing around 10% of the staff at its corporate headquarters in Plano, Texas as part of an ongoing transformation of its business under new CEO Ron Johnson.


US: Target names Jones chief marketing officer Katie Smith | 3 Apr 12

General merchandise retailer Target today (2 April) named Jeffrey Jones as chief marketing officer and executive vice president.


US: JC Penney sees risk of sales slump under new strategy Katie Smith | 29 Mar 12

US department store retailer JC Penney has said that there is a risk that its new strategy could hit sales for some time, and that there is no guarantee its store and merchandise turnaround plan would work.


BANGLADESH: PVH commits $1m to improving factory safety Leonie Barrie | 21 Mar 12

Apparel maker PVH Corp today (21 March) revealed plans to commit $1m to improving conditions in Bangladesh's garment factories - as an ABC News report prepares to criticise it for continuing to source clothes at a facility where dozens of workers died in a fire.


Top stories on just-style this week... Petah Marian | 16 Mar 12

Top stories on just-style this week included news that a coalition of industry groups is calling for an to end violent unrest in Cambodia, the Indian government's plans to partially roll back its cotton export ban, and Marks & Spencer's launch of a tailoring line in collaboration with Richard James.


US: Liz Claiborne names Hilfiger exec as new CFO, COO Leonie Barrie | 13 Mar 12

Former Tommy Hilfiger executive George Carrara has today (13 March) been named as the new finance and operations chief at apparel firm Liz Claiborne Inc.


US: JCPenney promotes Sweney to lead apparel overhaul Leonie Barrie | 13 Mar 12

US department store retailer JC Penney Company Inc has announced nine new appointments as part of ongoing plans to overhaul its business, including the promotion of Liz Sweney as chief merchant leading the reinvention of its apparel portfolio.


US: JC Penney taps Beja Miller for store centre strategy Petah Marian | 5 Mar 12

US department-store operator JC Penney has appointed Laurie Beja Miller as executive vice president of The Square, the new core of its revamped stores that will be a centre for entertainment and various attractions.


US: Brand sale boosts Liz Claiborne Q4 profit Richard Woodard | 1 Mar 12

Apparel company Liz Claiborne recorded a strong increase in fourth quarter profit, but saw its most significant brand lose sales over the crucial Christmas trading period.


US: JC Penney full-year hit by restructuring charges Petah Marian | 27 Feb 12

US department-store operator JC Penney swung to a full-year net loss as the company was hit by restructuring charges.


Top stories on just-style this week... Petah Marian | 17 Feb 12

The most popular stories on just-style this week included a feature on Bangladesh's fall in garment sales, the importance of mobile technology and JC Penney and Ralph Lauren ending their American Living line.


US: JC Penney and Ralph Lauren end American Living Leonie Barrie | 13 Feb 12

US department store retailer JC Penney Co and luxury marketer Ralph Lauren Corp have decided to end a five-year agreement to sell the exclusive American Living lifestyle line.


Hong Kong's changing role in the apparel industry Vicky Sung | 10 Feb 12

China's rise over the past two decades as the leading location for apparel sourcing has had a knock-on effect on Hong Kong's role in the global garment industry, shifting it from a manufacturer to a servicing and sourcing centre. It will take on even more diverse roles in the future, according to industry executives speaking at recent conferences in Hong Kong. Vicky Sung reports.


US: LF USA eyes expansion at new Greensboro office Leonie Barrie | 7 Feb 12

LF USA, a subsidiary of Hong Kong based consumer goods sourcing giant Li & Fung Limited, has opened new offices in Greensboro, North Carolina and hinted that expansion is likely.


US: Penney revamp targets US$900m in savings Richard Woodard | 27 Jan 12

The wholesale revamp of retailer JC Penney’s operations will cost US$800m in capital expenditure in fiscal 2012 – but the company is targeting $900m in cost savings over the next two years.


Top stories on just-style this week... Petah Marian | 27 Jan 12

Top stories on just-style this week included speculation around Bangladesh's rise as a sourcing hotspot, JC Penney's plans to overhaul its offer and Sun European Partners' plans for UK retailer Bonmarche.


Spotlight on...JC Penney “fresh air” revamp a bold vision Richard Woodard | 26 Jan 12

Few incoming CEOs have put their stamp on their new company as quickly as JC Penney’s Ron Johnson. His former life as head of retail at Apple is evident in the title of the new strategy for the ailing department store business: “In Praise of Fresh Air”.

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