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US: Sears Holdings Q1 loss widens on lower sales Katie Smith | 23 May 14

Struggling retailer Sears Holdings Corporation says it may close more stores this year after reporting a wider loss in the first-quarter, weighed down by lower sales.

BANGLADESH: Government "charging" Aswad owners over fatal fire Michelle Russell | 7 Jan 14

The Bangladeshi government is understood to be filing criminal charges against the owners of Aswad Composite Mills, which caught fire last year killing seven workers.

BANGLADESH: Kmart reveals supplier factory locations, Target to follow Michelle Russell | 23 Dec 13

The decision by Australian retailers Kmart and Target Corp to reveal the location of their supplier factories in Bangladesh has been described by Oxfam as a ''watershed moment'' for the country's retailers.

AUSTRALIA: Oxfam urges retailers to sign Bangladesh accord Leonie Barrie | 3 Dec 13

Australian clothing brands and retailers are being urged to take more responsibility for their supplier factories in Bangladesh as part of a campaign by Oxfam in the run-up to Christmas.

US: Sears losses mount in Q3 as transition continues Richard Woodard | 22 Nov 13

Retail group Sears Holdings Corporation recorded higher losses in the third quarter as the transition of the business continued, with sales and margins also suffering.

US: Sears Holdings mulls Lands' End spin-off Katie Smith | 29 Oct 13

US retailer Sears Holdings today (29 October) revealed it is considering separating its Lands' End clothing business from the rest of the company.

US: Boot maker to open first US manufacturing facility Richard Woodard | 18 Sep 13

Sourcing group Merchant House International is moving production of a footwear line from China to the US in response to increased demand from domestic retail customers.

US: Sears Holdings seeking $1.0bn secured loan Leonie Barrie | 18 Sep 13

Struggling department store operator Sears Holdings Corp is seeking a senior secured term loan facility of up to $1.0bn to help reduce borrowing costs.

US: Q2 losses mount at Sears despite “progress” Richard Woodard | 22 Aug 13

Retail group Sears Holdings posted a bigger net loss in the second quarter thanks to revenue declines across Kmart and Sears in the US and Canada.

AUSTRALIA: Target posts "disappointing" year as earnings plunge Petah Marian | 15 Aug 13

Australian general merchandise retailer Target has had what its owners described as a "disappointing" year, as earnings plunged.

How do the Bangladesh safety pacts measure up? Leonie Barrie | 11 Jul 13

Unveiling a new five-year plan to improve worker safety at the factories in Bangladesh that produce their clothing, North American brands and retailers were keen to stress the similarities between their own initiative and a separate scheme backed by 70 mainly European companies. That said, there are considerable differences too.

AUSTRALIA: Kmart remains committed to Bangladesh Petah Marian | 3 Jul 13

Australian retailer Kmart said it remains committed to continuing sourcing clothing from Bangladesh, despite concerns over factory safety in the country.

AUSTRALIA: Shoppers will pay more for ethical clothing Katie Smith | 26 Jun 13

Almost 70% of Australian consumers would pay more for their clothes if they knew workers overseas were producing garments in safe working conditions and were being paid a good wage.

BANGLADESH: European retailers agree Tazreen fire compensation Petah Marian | 16 Apr 13

European retailers C&A, Kik and El Corte Ingles will contribute to a compensation plan for the victims of the Tazreen Fashions fire in Bangladesh in November last year.

US: Sears Holdings launches celebrity fashion unit Katie Smith | 11 Apr 13

US retailer Sears Holdings has launched a business unit that will work on developing entertainment-driven fashion and lifestyle brands.

AUSTRALIA: Online and luxury offer opportunity for fashion retailers Petah Marian | 9 Apr 13

The online and luxury segments are set to provide a silver lining in what is an otherwise gloomy outlook for Australia's fashion industry, according to research released by IbisWorld.

INDIA: Adidas names Haskell to lead Indian operations Petah Marian | 18 Jan 13

Adidas has appointed the COO of its Chinese business, Erick Haskell, to head its operations in India.

US: Retailers fined over alleged textile mislabelling Petah Marian | 4 Jan 13

Four US retailers have agreed to pay penalties totalling US$1.26m for allegedly falsely labelling textiles as made from bamboo, when they were actually rayon.

2012: A year in review - Retail winners and losers MJ Deschamps | 14 Dec 12

Faced with continuing challenging trading conditions in 2012, retailers responded with a number of different strategies to try to grow their businesses. International expansion, new and larger format stores, revamped product lines and sustainability initiatives were the chosen route for some, while others were forced to lay off workers to cut costs.

US: Sears Q3 loss widens on weaker sales Katie Smith | 19 Nov 12

Retailer Sears Holdings, which divested its Hometown and Outlet businesses last month, has seen its third-quarter net losses widen on the back of weaker sales.

AUSTRALIA: Pacific Brands sales continue to fall Petah Marian | 23 Oct 12

The new CEO of Australian clothing and footwear company Pacific Brands has admitted that group underlying sales have continued to fall since the end of the company's financial year.

US: Proxy advisers back Wet Seal in board battle Petah Marian | 27 Sep 12

The battle for control of troubled US teen clothing retailer The Wet Seal continues, with two proxy advisers recommending shareholders reject Clinton Group's efforts to replace six of its board members.

In the money: Pacific Brands faces rocky road to recovery Petah Marian | 24 Aug 12

Troubled Australian clothing maker Pacific Brands is in the midst of a multi-year transformation programme that has now claimed its CEO, Sue Morphet, who announced plans to step down as the group saw full-year losses widen. With former Foster's boss John Pollaers set to take the helm, just-style considers the challenges facing the company.

AUSTRALIA: Pacific Brands CEO steps down as losses widen Petah Marian | 22 Aug 12

Australian clothing and footwear company Pacific Brands has announced that CEO Sue Morphet will step down after the company booked wider full-year net losses.

US: Sears losses narrow on margin improvements Petah Marian | 16 Aug 12

US general merchandise retailer Sears saw second-quarter losses narrow on the back of lower costs.

US: Footwear shoppers look to retailers they can trust Katie Smith | 7 Jun 12

The top priority for footwear buyers is finding a retailer they know and trust, according to market research company The NPD Group.

US: Sears Holdings swings to Q1 profit Katie Smith | 17 May 12

US retailer Sears Holdings has today (17 May) returned to profit during its first-quarter after benefiting from the sale of a number of stores.

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.

US: Heelys narrows Q4 loss as sales surge 63% Leonie Barrie | 21 Mar 12

Wheeled shoe maker Heelys Inc has narrowed its fourth quarter loss thanks to a surge in sales as it focuses on developing new products and brands.

US: Sears to offload stores amid $3.1bn FY loss Petah Marian | 24 Feb 12

Department store retailer Sears has announced plans to spin-off its Hometown and Outlet businesses, and sell 11 stores, after swinging to a full-year loss of $3.1bn.




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