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US Q4 in brief – American Eagle Outfitters, Ross Stores, Nordstrom just-style | 4 Mar 21

The latest fourth-quarter filings from US apparel and footwear brands and retailers show while some companies are beginning to recover from the market disruption caused by the Covid-19 pandemic, others are continuing to struggle.


Target commits bold $4bn annual investment to scale capabilities Michelle Russell | 3 Mar 21

US retailer Target Corp is investing US$4bn annually over the next several years to scale its capabilities, including accelerating the pace of new store openings, enhancing fulfillment services and strengthening its supply chain.


Target Corp in leadership reshuffle Beth Wright | 24 Feb 21

US department store retailer Target Corp., has outlined a number of changes across its executive leadership team, including the addition of a chief growth officer. 


Target year-old activewear brand hits $1bn mark Hannah Abdulla | 12 Feb 21

Target's private label activewear brand All in Motion has soared to become a US$1bn brand a year since its launch.


US holiday sales in brief – Citi Trends, Nordstrom, Target Corp just-style | 21 Jan 21

It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as they continue to navigate the impact of the Covid-19 pandemic. Target Corp has reported a 17.2% jump in comparable sales for the combined November/December period, while Genesco has posted a 3% comparable sales decline for the eight weeks to 26 December. Elsewhere, Urban Outfitters has reported an 8.4% decline in total company net sales, and L Brands said the group's holiday results significantly exceeded initial expectations.


Target increases uptake of responsible rayon Beth Wright | 2 Oct 20

US department store retailer Target Corporation has increased the amount of responsible CanopyStyle rayon used in its products over the last year and is continuing to replace conventional polyester with polyester made from recycled plastic.


Project to scale cellulosic chemical recycling aims to close the loop Beth Wright | 11 Sep 20

A new first-of-its-kind consortium project has launched to explore disruptive solutions in chemical recycling, with the goal of creating new fibres and garments from used clothing and ultimately drive industry-wide adoption.


US Q1 in brief – VF Corp, J.Jill, Francesca's just-style | 31 Jul 20

In the latest first-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. VF Corp has reported a net loss of US$285.6m, while Francesca's has seen a 50% drop in net sales. Elsewhere, Macy's, Inc said its net loss totalled $3.58bn and PVH Corp has posted an "unprecedented" decline in revenue and earnings.


Fashion industry efforts to address global PPE shortages – Update just-style | 27 Jul 20

Texollini, Chargeurs*PCC Fashion Technologies, and Crystal International are among the latest fashion firms to mobilise their production facilities and supply chains to help address the global shortage of personal protective equipment (PPE), including face masks and hospital gowns, amid the coronavirus (Covid-19) pandemic. 


US retail stores close amid civil unrest across the country Michelle Russell | 3 Jun 20

Adidas and Target Corp are among a number of retailers in the US to have closed stores or postponed openings in response to the civil unrest taking place across the country over the killing of George Floyd by a white police officer.


US Q4 in brief – Boot Barn Holdings, VF Corp, PVH Corp just-style | 21 May 20

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has posted a fall in both earnings and revenue, while VF Corp and PVH Corp have both reported a net loss. Elsewhere, Oxford Industries has booked its twelfth consecutive quarter of positive comparable sales, while G-III Apparel Group saw profit rise but revenue fall.  


Target same-day technologies deal will boost speed Michelle Russell | 13 May 20

US department store retailer Target Corp plans to acquire technology from same-day delivery start-up Deliv, in a move that could see the company improve its position ing e-commerce, delivery efficiency and speed, and smart supply chain.


Target apparel comps tumble 20% on Covid-19 Hannah Abdulla | 26 Mar 20

US general merchandise retailer Target has withdrawn its full-year financial guidance despite "unusually strong traffic and sales" as consumers continue to stock up on essentials such as food and medicine to see them through country-wide lockdowns during the coronavirus outbreak.


Target Corp scaling robotics to speed up supply chain Michelle Russell | 5 Mar 20

US department store retailer Target Corp is scaling up its use of robotics in a bid to increase the speed and efficiency of its supply chain.


US Q3 in brief –Boot Barn Holdings, VF Corp, Genesco just-style | 5 Feb 20

In the latest third-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered an increase in both profit and revenue with the company "well-positioned" to deliver a solid finish to fiscal 2020, Stage Stores has narrowed its net loss, and American Eagle Outfitters has booked record sales. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. 


US Q2 in brief – Boot Barn Holdings, VF Corp, Stage Stores just-style | 1 Nov 19

In the latest second-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered what CEO Jim Conroy called an "outstanding" second-quarter, VF Corp has reaffirmed its full-year outlook, and Oxford Industries has posted its tenth consecutive quarter of consolidated comparable sales growth. Elsewhere, Genesco moved to a profit, while G-III Apparel Group has revised its full-year guidance in the wake of Trump's latest tariff hike. 


Target coy on suppliers bearing cost of trade war Hannah Abdulla | 6 Sep 19

Target Corp has refused to be drawn into speculation it has asked suppliers to bear the cost of President Trump's new tariffs on imports from China, and says it will not pass the additional costs on to customers.


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands just-style | 1 Aug 19

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. 


H&M and Gap Inc top Better Cotton sourcing leaderboard Beth Wright | 18 Jun 19

Swedish apparel giant Hennes & Mauritz (H&M), furniture giant Ikea, and US speciality apparel retailer Gap Inc have topped a new ranking by the Better Cotton Initiative (BCI) based on their total Better Cotton sourcing volumes in 2018. 


Target explores blockchain for supply chain tracking Beth Wright | 14 Jun 19

US department store retailer Target Corp has revealed details of an open source blockchain project it has been working on since mid-2018 to help track its supply chain.


Target furthers renewable energy commitment Beth Wright | 14 Jun 19

US department store retailer Target Corp has committed to sourcing 100% of the electricity used in its domestic operations from renewable sources by 2030.


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity just-style | 23 May 19

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.


Target sets new goals to cut supply chain carbon footprint Hannah Abdulla | 28 Mar 19

US retailer Target Corp has announced a new set of goals to reduce its carbon footprint – including a new reduction goal for its entire supply chain.


Target launches third-party seller platform Hannah Abdulla | 26 Feb 19

US department store retailer Target Corp has launched a new platform for third-party sellers as part of a bid to become more profitable online.


Nike, Target, Polartec lead uptake of recycled performance fibres Beth Wright | 31 Jan 19

US sportswear giant Nike, department store retailer Target, and fabric maker Polartec are among brand, retailer and textile companies that have used the equivalent of more than one billion plastic bottles each through their uptake of recycled fibres.


US holiday sales in brief – Nordstrom, Citi Trends, Urban Outfitters just-style | 15 Jan 19

It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as Urban Outfitters reported record holiday sales, Kohl's raised its full-year earnings guidance on the back of a 1.2% rise, while US retail giant JC Penney is to shutter three stores this spring on the back of a 5.4% comp sales drop.


US Q2 in brief – Boot Barn Holdings, VF Corp, Sears just-style | 26 Oct 18

In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.


Target taps TJX exec to manage global inventory Beth Wright | 15 Aug 18

US department store retailer Target Corp has named former TJX executive John Bauer as senior vice president of global inventory management, leading the teams responsible for ordering, inventory positioning, global trade and domestic transportation.


US Q1 in brief – Destination Maternity, Tailored Brands, Boot Barn just-style | 8 Aug 18

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.


Target taps Walmart exec as supply chain SVP Beth Wright | 30 Jul 18

US department store retailer Target Corp has named former Walmart executive, Gemma Kubat, as senior vice president, supply chain engineering, and activation.

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