Oxford Industries Inc

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

UK: New Debenham's chief's vision for the future just-style.com | 18 Oct 00

Newly appointed Debenhams' chief executive, Belinda Earl, has unveiled her plans to take the UK department store forward, which include linking up with sexy lingerie designer, Janet Reger. Ms Earl has announced plans to open more stores, add to the chain's international operations and launch more own-range health and beauty products. She said the store's strategy was to win more customers, make existing shoppers spend more and move into new markets. Full-year results for the store just released show that total sales were up 1.4 per cent at £1,397.9 million but profits down from £138.8 million to £129.6 million. Ms Earl said that according to independent research carried out by Verdict, Debenhams had increased its market share of the UK department store market to over 13 per cent. She said: "Over the last year, we have significantly outperformed our competitors. We have a clear strategy to drive future profitability and grow market share. This being achieved by increasing sales to our existing customers, attracting new customers and moving into new markets. "We differentiate Dagenham's from other retailers by better understanding our customers' needs and aspirations. We sell a unique range of product categories and brands in an attractive shopping environment." During the last financial year, Debenhams has opened four new stores in Dundee, Reading, Weymouth and Banbury. Since the financial year end, two more stores have been opened in Sunderland and Milton Keynes. Three more stores will be opened over the next three months in Carlisle, Uxbridge and Oxford. As well as lingerie, where a new Janet Reger range is to be launched next year, Ms Earl has also identified health and beauty as growth areas. The store's own `MEA' range, launched in June, has become one of its top ten selling make-up brands and now Debenhams plans to launch more own-range health and beauty products.


UK: The Patter Of Designer Labels At Mothercare just-style.com | 12 Oct 00

Mothercare, the high street and Internet parenting retailer, is to introduce designer fashion brands into its stores for the first time in its 40 year history. After successfully test marketing aspirational labels including Osh Kosh, Petit Bateau, Oilily & Chicco kids clothing, the company has confirmed it will launch fashion brands into 15 Mothercare World stores this Autumn. Other stores are likely to follow in the new year.Each new range has been selected to complement Mothercare's existing own-label fashion lines for mums-to-be, babies and kids. Chrissie Waterlow, brands buyer at Mothercare, said: "This is a particularly exciting development for Mothercare, which is designed to give our customers greater choice. The brands have already proved very popular in our trial stores."A complete list of the Mothercare World stores introducing fashion labels is shown below.Romford, Stoke, Manchester, Edmonton, Liverpool, Warrington, Gateshead, Dudley, Croydon, Cardiff, Leeds, Kew, Oxford Street, London, Blue Water, Peterborough.


UK: High And Mighty To Launch Pilot Standalone Kayak Store just-style.com | 6 Oct 00

The millennium man is taller and broader than his predecessor - and that's official. The High and Mighty chain of shops is set to trial a new look name and store to fit in with the expanding market. High and Mighty, launched in the50s, says research carried out shows more men are now 6ft-plus than they were years ago. And it is renaming its flagship Oxford Street Plaza store in London `Kayak' in a trial to see if the new look and name is successful. The name is based on the Kayak brand, featuring casual clothing, which High and Mighty launched a year ago and has been a huge hit. If the new look name is a success, Kayak shops will be launched in other key sites across the country. A spokesman from the company said: "Men are growing bigger and taller and there is a gap in the market. There isn't that much choice for the bigger man." High and Mighty has 23 shops in the UK and 10 on the continent in Holland, Germany and Belgium.The Kayak range is aimed at the 17-24 market, which wants high street fashion to rival other retailers, but in larger sizes.High and Mighty says young people are getting taller and bigger but are no longer seen as outsize. A company spokesman said: "Kayak is a radical departure from the whole idea of specialist clothing. It is the fashion clothing that everyone else wears and wants to be seen in. "It is the spirit of youth with the emphasis on fun, adventure, action and music."


USA: Oxford Industries Declares Quarterly Dividend Company Press Release | 3 Oct 00

The board of directors of Oxford Industries, Inc (NYSE: OXM) today declared a cash dividend of $.21 per share on Common Stock payable December 2, 2000 to stockholders of record on November 15, 2000. This is the 162nd consecutive quarterly cash dividend since Oxford became publicly-owned in 1960.Oxford Industries, Inc is a diversified international manufacturer and wholesale marketer of branded and private label apparel for men, women and children. With manufacturing and sourcing operations in over 40 countries around the globe, Oxford provides retailers and consumers with a wide variety of apparel products and services to suit their individual needs. Major licensed brands include Tommy Hilfiger®, Nautica®, and Robert Stock®. Oxford's private label customers are found in every major channel of distribution including national chains, specialty catalogs, mass merchandisers, department stores, specialty stores and Internet retailers. The company's stock has traded on the NYSE since 1964 under the symbol OXM.


UK: Expanding House Of Fraser Bucks Trend just-style.com | 29 Sep 00

Department stores group, House of Fraser, is bucking the trend and set to expand, creating 1,000 new jobs over the next four years. Despite tough times on the high street, the group says it is faring well and it is moving ahead with its plan to open more stores. The group's results for the first six months of the current financial year out today show that like for like sales were 2.


USA: Nike Names New Chiefs And VP Of Global Apparel Company Press Release | 28 Sep 00

Chairman and chief executive officer Philip H. Knight today announced that Mindy F. Grossman will become global vice president of apparel, effective October 1, 2000.Grossman, 43, joins Nike with over 20 years of experience leading some of the world's top apparel brands, most recently as president and CEO Polo Jeans Company/Ralph Lauren, a division of the Jones Apparel Group."Mindy has an excellent track record in building consumer-based apparel brands and she knows what it takes to be successful. Her proven expertise in brand strategy, product development and retail space management will play a key role in the expansion of our apparel business," Knight said. "We are committed to apparel as a major force in our global growth and the addition of Mindy, blended with the great talent we have all over the world, is evidence of that commitment."Grossman joins Nike after nearly a decade of association with Polo Ralph Lauren. She has been president and CEO of Polo Jeans Company since 1995, where she was responsible for the brand strategy, launch and growth of Polo Jeans. She was vice president of new business development at Polo Ralph Lauren Corp where she worked on the initial concept and development of Polo Jeans.Grossman was president of Chaps Ralph Lauren and senior vice president of Warnaco Menswear from 1991 through 1994 and is credited with the repositioning and subsequent growth of the Chaps business from $30m to over $150m.Prior to her affiliation with Polo, Grossman was senior vice president of sales and merchandising for Tommy Hilfiger overseeing the dynamic growth of the menswear company from 1987 through 1991. From 1983 to 1987 she was vice president of WilliWear/WilliSmith following five years at Oxford Industries, ultimately rising to the position of vice president of sales for the Merona Sport Division. She began her career at Manhattan Industries in 1977.Grossman is being joined at Nike by additional new members of Nike's apparel team, including:


USA: Skinner Leaves Oxford Shirts For Kellwood Menswear Company Press Release | 28 Sep 00

Kellwood Company has named Robert C. Skinner president of its menswear division, according to Hal J. Upbin, Kellwood chairman, president and chief executive officer.Prior to Kellwood, Skinner was president of Oxford Shirt Group for 13 years, and vice president of Oxford Industries for the past two years. A veteran of Oxford Industries, Skinner has spent most of his career with the company, specialising in sales, merchandising, sourcing and new business opportunities.As president of Kellwood menswear, Skinner will oversee all men's branded and private label business, including the licensed Nautica and Slates product. Based in New York, Skinner reports to Upbin."Bob has built an excellent reputation for himself at Oxford, attributable to his business savvy and excellent leadership skills. Under his direction, the company has enjoyed expanded distribution efforts, successful new business launches and highly-developed sourcing strategies," Upbin said. "We are proud to announce Bob's arrival to the Kellwood team as he takes on his new duties as head of our menswear business."


USA: Oxford Shirts Makes Changes At The Top Company Press Release | 28 Sep 00

Oxford Industries, Inc (NYSE: OXM) announced today the promotion of Frank Sahagian to president of the Oxford Shirt Group after Robert C. Skinner's appointment as chief of Kellwood menswear.Formerly president of OxSport, Sahagian will be responsible for a newly configured shirt group consisting of OxSport, Ely & Walker, Oxford Shirtings and Tommy Hilfiger dress shirts. Chuck Sakmann has been promoted to president of a newly created Oxford Golf Group consisting of Tommy Hilfiger Golf and Izod Club Golf. Dave Leveille has been promoted to president of Tommy Hilfiger Golf replacing Sakmann.Commenting on the changes, J. Hicks Lanier, Oxford Industries' chairman, said: "We are fortunate to have talented people such as Frank, Chuck and Dave to step up to fill these important positions. We believe this new organizational structure will make our shirt and golf groups more responsive and focused."


USA: Oxford Industries' Branded Focus Pays Off Company Press Release | 26 Sep 00

Oxford Industries Inc (NYSE: OXM) has announced its financial results for the first quarter ended September 1, 2000. Consolidated net sales increased 10.1 per cent to $204.4 million from $185.7 million last year. First quarter net earnings declined $1.2 million to $3.5 million from $4.7 million in the prior year. Diluted earnings per share declined 25.0% to $0.45 from $0.60 in the first quarter last year.All four operating groups reported sales gains led by tailored clothing. Gross margins improved to 18.3 per cent from 18.1 per cent in the previous year due to higher initial margins and improvements in manufacturing operations. First quarter operating expenses increased as a percentage of sales to 15.0 per cent from 13.6 per cent last year. The additional expenses of four new marketing divisions, Tommy Hilfiger Womens Golf, Izod Club Golf, Slates Tailored Clothing and DKNY Kids, were primarily responsible for the increased SG&A expense. These higher expense levels resulted in a 21.2 per cent decrease in operating earnings to $6.7 million from $8.5 million last year.The balance sheet remains strong. Asset turnover continues to improve. Trailing twelve-month accounts receivable and total inventory turnover were 7.1 and 5.0, respectively. At quarter end, debt to total capitalization stood at 31.3 per cent. The company repurchased 71,400 shares of its common stock during the first quarter.


UK: House Of Fraser Moves Into The Square Mile Jane Mallin | 31 Jul 00

House of Fraser, the UK department store group, today announced plans to open the City of London's first department store. The company has signed an agreement under which it intends, subject to planning permission, to create a store with approximately 55,000 square feet of selling space over five floors in the heart of the Square Mile.The store will front King William Street and look out over London Bridge. Due to open in 2002, the store will create more than 200 new jobs in the City.John Coleman, chief executive of the company, said today: "This is an imaginative development and our store will preserve the best character of the City of London externally while creating a contemporary store with exciting ranges of designer fashions both for those who work within the Square Mile and those who live in and around the City."The City of London has already demonstrated a strong demand for high quality retail and we believe our decision to develop this store will ensure the City's place as a genuine shopping destination. The City has an enormous catchment area, not only the tens of thousands who work there during the week but the large residential populations both north and south of the Thames who we believe will welcome the introduction of a top store on their doorstep."The company invested over £30m in new look stores offering extensive ranges of the latest designer fashions for men, women and the home at its Oxford Street, London and Guildford sites, both to be launched this Autumn, as well as a new store in High Wycombe.These follow the openings of House of Fraser's stores in Bluewater, Kent and in Reading last year, as well as the relaunch of the Barkers store in Kensington.


UK: T-shirts Make It Onto The Best-seller Lists just-style.com | 27 Jul 00

As the T-shirt sales season hits its summer peak in the UK, so the shirt with a message is once again a best seller. Not since the days of Katharine Hamnett's protest tops which supported the anti-nuclear weapons cause, have printed slogans been so frequently displayed on fashionable chests. But few contemporary T-shirts are overtly political. Instead ranges like those produced by Toby Pimlico for Selfridges of Oxford Street and the House of Fraser departmental chain offer comments on today's lifestyle. Favourites include "Sex and Chocolate" and "Rude when Nude", while single words reported to be selling particularly well are "Freak" and "Pornstar."Meanwhile, the London market for vintage T-shirts continues to expand with mementos of past pop groups particularly sought by connoisseur collectors. They regard such buys as worthwhile investments, even when original Clash or early period Rolling Stones shirts are now changing hands among enthusiasts for upwards of £300. In its turn the vintage T-shirt trade is creating a new niche market within the printwear sector for reproduction classics. Obviously companies like Vintage Trading make the true nature of their products clear to all potential stockists. But the demand for "antique" merchandise is inspiring a number of less than scrupulous printers to pass off their repro garments as the real thing.


USA: Oxford Industries Announces Fourth Quarter Sales and Earnings Company Press Release | 18 Jul 00

Oxford Industries, Inc. (NYSE: OXM) announced today financial results for fourth quarter and full year ended June 2, 2000. Consolidated net sales for the fourth quarter increased 9.4 per cent to a record $246.4 million from $225.3 million last year. Net earnings increased


USA: Oxford Industries Declares 161st Consecutive Cash Dividend Company Press Release | 11 Jul 00

The Board of Directors of Oxford Industries, Inc (NYSE: OXM - news) today declared a cash dividend of $0.21 per share on Common Stock payable September 2, 2000 to stockholders of record on August 15, 2000. This is the 161st consecutive quarterly cash dividend since Oxford became publicly-owned in 1960.Oxford Industries, Inc is a diversified international manufacturer and wholesale marketer of branded and private label apparel for men, women and children. With manufacturing and sourcing operations in over 40 countries around the globe, Oxford provides retailers and consumers with a wide variety of apparel products and services to suit their individual needs. Major licensed brands include Tommy Hilfiger, Nautica, DKNY Kids, Geoffrey Beene, Slates, Oscar de la Renta, Izod Club and Robert Stock. Oxford's private label customers are found in every major channel of distribution including national chains, specialty catalogs, mass merchandisers, department stores, specialty stores and Internet retailers. The company's stock has traded on the NYSE since 1964 under the symbol OXM.Safe Harbor Statement. This press release contains certain forward- looking statements with respect to anticipated future results, which are subject to risks and uncertainties that could cause actual results to differ materially from anticipated results. These risks and uncertainties include, but are not limited to, general economic and apparel business conditions, continued retailer and consumer acceptance of company products, and global manufacturing costs.


USA: Dickies And JCPenney Partner To Serve Booming School Uniform Market Company Press Release | 3 Jul 00

With over 13,000 public schools nationwide instituting uniform programs, JCPenney (NYSE: JCP) and Dickies have joined forces to serve a booming apparel market by offering branded standardized boys attire in the JCPenney Fall/Winter 2000 Catalog and its online counterpart, jcpenney.com."We are very excited about this new opportunity to reach millions of American households," says David Hein, general manager for Dickies Schoolwear for the Williamson-Dickie Mfg Co.


Innovation Is Survival just-style.com | 14 Jun 00

The last 12 months have seen accelerated change across the British clothing industry, with factory closures and the loss of thousands of jobs decimating what was once a thriving sector. But what does the future have in store for those companies that remain? And how can they reinvent themselves to meet the challenges of the future? These were the questions tackled recently by some of the leading names on the UK manufacturing and retailing scene who concluded that added value, branding and innovation are the keys to success, fueled by new revenue streams such as e-commerce.


USA: Larry Gatlin is Hanging His Name on His Men's Clothing Store just-style.com | 17 May 00

The Oxford Shop -- clothing the men of Austin in style since 1988 -- is changing its name. Partners Larry Gatlin and Buddy Estrella are hanging a new sign outside their shop at Bee Caves and Loop 360 that reads, "Gatlin & Estrella Clothiers," to more accurately reflect the changes that have gradually taken place inside its four walls.


USA: Larry Gatlin is Hanging His Name on His Men's Clothing Store just-style.com | 17 May 00

The Oxford Shop -- clothing the men of Austin in style since 1988 -- is changing its name. Partners Larry Gatlin and Buddy Estrella are hanging a new sign outside their shop at Bee Caves and Loop 360 that reads, "Gatlin & Estrella Clothiers," to more accurately reflect the changes that have gradually taken place inside its four walls.


UK: High Streets Stage A Comeback just-style.com | 2 May 00

London's Oxford Street is the best place in the UK to set up shop, according to a new report which says the traditional high street is staging a recovery after years of decline. Retail consultancy Verdict has ranked the UK's top 100 places to set up shops, from the point of view of shopkeepers and investors, in its publication 'Verdict on the High Street 2000'. Oxford Street is followed by Birmingham, Manchester, Glasgow and Nottingham before the highest ranked out-of-town centre, Bluewater, in sixth position, ahead of Kingston-Upon-Thames and Leeds. "Verdict believes that the high street's position has stabilised, with the slowing down of out-of-town development and reinvestment in traditional high streets and covered malls leading off them," says the report. "Gradual growth in sales and space is predicted over the next five years," it adds.


UK: Arcadia axes 400 stores to save £160m just-style.com | 14 Apr 00

Arcadia, the troubled Top Shop-to-Miss Selfridge clothing chain, yesterday took drastic action to improve its fortunes by axing almost a quarter of its trading sites with the loss of 3,500 jobs.In the shake-up, dubbed BrandMAX by John Hoerner, chief executive, Arcadia is closing 400 stores, at an estimated cost of £90m, including the whole of its 99-store Principles for Men chain.


Designs on CAD Company Clothing | 18 Dec 98

As the world's major clothing retailers continue to narrowtheir supply base and build closer, long term relationships, the importance of making agood first impression has never been more critical. And it is here that advances inCAD/CAM come into their own.

1

2

3

4

5

6

7

8

10

just-style homepage



Forgot your password?