Oxford Industries Inc

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USA: Maine Textile Plant Closure Hits 70 Jobs just-style.com | 21 Jul 03

Dozens of jobs have been lost with the closure of a historic textile plant in Maine that once supplied wool for uniforms worn by soldiers fighting in the Civil War.

USA: Oxford Q4 Profit Down 20% On Expenses, Sales Up just-style.com | 18 Jul 03

Clothing manufacturer Oxford Industries Inc on Thursday posted a 20 per cent fall in fourth quarter earnings from the year-ago period as a three per cent rise in sales was offset by increased interest expenses.

USA: Freeborders Enjoys Solid H1, Gains 23 Customers just-style.com | 15 Jul 03

Leading product lifecycle management (PLM) software developer for the retail and apparel industry, Freeborders Inc, on Tuesday reported a strong first half in which it gained 23 new customers.

ITALY: Benetton To Axe Some UK Stores Amid Soft Sales just-style.com | 14 Jul 03

Italian fashion group Benetton is set to axe several UK stores amid sluggish sales in a tough retail environment and fierce competition from rivals such as Zara and H&M.

USA: Oxford Closes $325m Deal For Tommy Bahama just-style.com | 16 Jun 03

Leading clothing manufacturer Oxford Industries Inc on Friday said it had completed its $325 million acquisition of Viewpoint International Inc, owner of the Tommy Bahama apparel and footwear brand.

USA: Reebok's Greg Norman Names Head Of Green Grass Sales just-style.com | 10 Jun 03

Reebok International’s Greg Norman Collection, which markets men's sportswear, golf apparel and accessories, has hired Mike Elliott as vice president of sales for its golf division.

USA: Greg Norman Collection Reveals Key Appointment just-style.com | 10 Jun 03

Worldwide marketer of men's sportswear, golf apparel and accessories, Greg Norman Collection, on Monday announced the appointment of Mike Elliott to the position of vice president of sales, golf division.

UK: Selfridges Enjoys Good Start As Sales Rise 8% just-style.com | 15 May 03

Upscale department store operator Selfridges on Thursday announced an eight per cent year-on-year rise in total sales for the first 14 weeks of the new fiscal year. But the company, which this week agreed a £600 million takeover by Canadian tycoon Galen Weston, said sales at its flagship store on London's Oxford Street slipped one per cent due to war fears.

UK: Selfridges Says Yes To £600m Weston Bid just-style.com | 12 May 03

Canadian billionaire Galen Weston on Monday announced he had agreed a £598 million deal for upscale UK department store group Selfridges although the famous retailer said it's still open to other offers. The retailer, best known for its flagship store in London's Oxford Street, has accepted the offer from Weston's Wittington Investments which will also assume Selfridges' net debt, estimated to be about £30.1m.

USA: Oxford Quiet On Unusual Share Activity just-style.com | 30 Apr 03

Apparel manufacturer Oxford Industries Inc on Tuesday declined to comment on its unusual share activity which saw it hit a year-high.

Textiles in Tunisia just-style.com | 28 Apr 03

Tunisia ranks amongst the world's top 15 apparel suppliers, and is the fourth largest exporter to the EU. It now has ambitious plans to consolidate this position with a government-backed programme to boost exports even further. Niki Tait spoke with Mr Amor Sassi, manager of the Tunisian Foreign Investment Promotion Agency, about the country's textile, knitting and clothing industry, its business environment and investment opportunities.

USA: Oxford Pays $325m For Tommy Bahama just-style.com | 28 Apr 03

Apparel producer Oxford Industries Inc on Monday announced plans to buy the owner of the Tommy Bahama brand, Viewpoint International Inc, for up to $325 million in cash, common stock and contingent payments. The Georgia-based company said the deal, which is expected to close in June, will see it acquire the Seattle-based operator of 30 Tommy Bahama retail stores which sell "beach lifestyle" apparel as well as sportswear and swimwear.

UK: Selfridges Shares Surge On Bid Approach just-style.com | 10 Apr 03

Shares in upscale department store group Selfridges soared on Thursday after it revealed it had received a takeover offer from a mystery bidder. The firm, best know for its famous Oxford Street store in the heart of London, saw its shares soar almost 20 per cent after it released a statement saying the offer was made at a "substantial premium" to yesterday's closing share price of 244.5p - valuing the company at £378 million.

UK: Scientists Invent Artificial Device To Spin Silk just-style.com | 9 Apr 03

Scientists at an Oxford University firm have invented what is believed to be the first artificial spinneret to produce ‘steel-like’ synthetic silk for a range of industrial and medical uses, including bullet-proof vests.

USA: Oxford Inds Q3 Profit Rockets 410% just-style.com | 3 Apr 03

Apparel maker Oxford Industries Inc on Wednesday revealed it quadrupled its third quarter profit as it was boosted by growth with major mass merchants and the continuing rollout of Lands' End product to Sears Roebuck & Co. The Georgia-based company said its net earnings rocketed 410 per cent to $6.9 million, or 92 cents a share, from $1.4m, or 18 cents a share, in the year-ago period on the back of a 40 per cent jump in net sales to $209m from $149.5m in 2001.

UK: Centre For Fashion Enterprise Launched In London just-style.com | 27 Mar 03

A new initiative to support London-based fashion start-ups was launched yesterday, backed by £100,000 funding from the London Development Agency. The Centre for Fashion Enterprise is based at the London College of Fashion off Oxford Street and hopes to lead to more young fashion labels becoming viable, sustainable businesses by providing them with vital access to management expertise, capital, knowledge and resources.

UK: Selfridges FY Profit Jumps 8% To £41m just-style.com | 20 Mar 03

Upscale department store group Selfridges on Thursday posted an 8.2 per cent jump in full year pre-tax profit to £40.7 million from the year-ago period on the back of a solid rise in turnover. The retailer said turnover in the 12 months to January climbed 10.6 per cent year-on-year to £444.9m and added same-store sales at its flagship store in London's Oxford Street were flat in the first six weeks of the new fiscal year although total sales rose eight per cent.

UK: Green Wants To Take Top Shop Into Europe, US just-style.com | 5 Mar 03

Billionaire retail tycoon Philip Green on Tuesday said he is looking at taking his Top Shop chain abroad with several flagship stores in leading cities across Europe and possibly even the US.

Rapid expansion bears fruit for Mango just-style.com | 3 Mar 03

Spanish retailer Mango is winning over shoppers around the world with its combination of high fashion and low prices. At its current growth rate a new Mango store opens every two to three days, and the company is showing no signs of slowing down – as José M Alarcón reports.

UK: Selfridges Says Dec Same-Store Sales Up 2% just-style.com | 9 Jan 03

Upscale department store group Selfridges on Thursday reported a two per cent rise in December same-store sales amid flat sales growth at its flagship store in London’s Oxford Street.

USA: Oxford Industries Q2 Earnings Climb To $4.2m just-style.com | 20 Dec 02

Clothing maker Oxford Industries Inc on Thursday reported a rise in second-quarter net earnings to $4.3 million from $0.5 million last year, on an 18.5 per cent hike in sales.

Cotton wrinkle-free shirts: a new twist from JCPenney just-style.com | 9 Dec 02

The current economic climate and lacklustre retail markets are underlining the importance of value-added features such as performance fabrics. Wrinkle-free shirts? Old hat. Pure cotton, affordable wrinkle-free shirts? New twist. With its private label Stafford shirt, now available in a 100 per cent cotton wrinkle-free Stafford Executive version, JCPenney is adding a new dimension to the market with its high quality, low price offer. Padma Nagappan reports.

USA: Apparel Maker Oxford Posts Profit Jump just-style.com | 24 Sep 02

Apparel maker Oxford Industries Inc on Monday revealed a 44 per cent jump in first quarter net profit despite falling sales and forecast a significant rebound in full-year earnings due to "aggressive" inventory management. The Georgia-based company, which produces clothing for leading brands including Nautica and Tommy Hilfiger, said net profit rose to $4.5 million, or 60 cents per share, from $3.1m, or 42 cents a share, in the year-ago period.

USA: Victoria's Secret Hit With EEOC Lawsuit just-style.com | 14 Aug 02

Lingerie chain Victoria Secret Stores Inc has been hit with a federal lawsuit by the US Equal Employment Opportunity Commission (EEOC) after one of its workers allegedly suffered racial and religious harassment. The EEOC said the suit relates to Lauren Ellerson who worked at a Victoria's Secret store in Oxford Valley, Pennsylvania. She claims she had to put up with a hostile working environment because of her race and religious beliefs.

UK: Selfridges Enjoys H1 Sales Climb just-style.com | 31 Jul 02

Upscale department store group Selfridges on Wednesday issued positive interim results when it revealed a six per cent rise in first half sales from the year-ago period on the back of brisk business at its flagship London store.

The group said sales at its Oxford Street store were up five per cent and 14 per cent ahead at its Manchester store in the 25 weeks to July 13 with strong interest in its men’s wear, women’s wear and leisure departments.

GREECE: Fashion Chain Plans Expansion Drive just-style.com | 29 Jul 02

Greek fashion retailer Oxford Company on Monday announced plans to open almost a dozen new stores over the next two years. The company said it intends opening 10 retail outlets across Greece by 2004 and also plans to set up 27 corners in other stores by 2006.

USA: Oxford Industries Says Q4 Earnings Up 7.1 Per Cent just-style.com | 16 Jul 02

Clothing maker Oxford Industries Inc today said first quarter net earnings increased 7.1 per cent to $5.6 million from $5.3 million on consolidated net sales which fell 11.2 per cent to $191.7 million from $215.9 million last year. For the full year, consolidated net sales declined 16.6 per cent to $677.3 million from $812.5 million last year reflecting continuing economic uncertainties and weak consumer demand for apparel. Net earnings dropped 31.1 per cent to $10.6 million from $15.3 million.

USA: Oxford Industries Axes Distribution Centre, Jobs just-style.com | 3 Jul 02

Dozens of clothing workers in South Carolina are set to lose their jobs after apparel producer Oxford Industry Inc announced it plans to close its Columbia distribution plant by the end of next month. The Atlanta-based company, which also operates warehouses in Gaffney and Walhalla, said the distribution centre#;s closure was triggered by price pressure.

USA: Lands' End Scoops Exclusive Baseball Range just-style.com | 5 Jun 02

Lands' End Inc announced on Wednesday that its newly-formed licensing division and Major League Baseball Properties have agreed a deal to produce an exclusive line of licensed sports apparel. The deal will see its most popular men's, women's and kid's products, including mesh polo shirts, sweatshirts, baseball caps, outerwear, oxford cloth dress shirts, denim shirts and turtlenecks, sold with embroidered logos of all 30 clubs, as well as All-Star Game and World Series logos through 2004.

UK: Shoppers Flock To Selfridges just-style.com | 16 May 02

Upmarket department store retailer Selfridges on Thursday posted a six per cent jump in first quarter sales after a solid performance from its Manchester store.

In a statement, the company said sales at its flagship store in London#;s Oxford Street climbed five per cent and at the Manchester shopping centre store 15 per cent.








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