Tesco Plc

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Brands caught in crossfire as India factory workers allege abuse Hannah Abdulla | 19 Nov 20

Four major brands have found themselves caught in the crossfire after allegations of worker abuse surfaced at garment supplier factories in India.

Tesco H1 clothing sales slide by 17.2% Beth Wright | 7 Oct 20

Supermarket retailer Tesco Plc has posted a 7.6% rise in like-for-like sales at its UK stores for the first half of the year, but said clothing sales fell by more than 17%. 

UK government aid to support fashion supply chains Beth Wright | 14 Aug 20

The UK Government has launched a new programme to strengthen global supply chains by supporting workers in developing countries during the coronavirus pandemic in a move that is estimated to benefit nearly 120,000 people working in the global garment industry. 

Tesco names Jan Marchant as new clothing chief Beth Wright | 23 Jul 20

Supermarket retailer Tesco Plc has promoted Jan Marchant to CEO of its F&F clothing division. 

Tesco agrees GBP181m sale of Polish business Beth Wright | 19 Jun 20

UK supermarket chain Tesco is to sell its Polish business to Danish retailer Salling Group in a GBP181m (US$225m) deal that will allow it to focus its operations in Central Europe on the Czech Republic, Hungary and Slovakia.

Tesco warns on Covid-19 impact amid FY slump Beth Wright | 8 Apr 20

UK supermarket Tesco has reported a drop in annual pre-tax profit and revenue amid a warning that Covid-19 could impact its retail cost lines by up to GBP925m (US$1.1bn).

Tesco agrees to sell Thai and Malaysian businesses for $10.6bn Beth Wright | 9 Mar 20

UK supermarket chain Tesco has proposed a deal to sell its businesses in Thailand and Malaysia for US$10.6bn in a move it says will simplify the Tesco Group and enable a stronger focus on its retail businesses in the UK and Ireland and in Central Europe.

Tesco bags fifth consecutive Christmas of UK growth Beth Wright | 9 Jan 20

UK supermarket retailer Tesco had reported its fifth consecutive Christmas of domestic growth despite what CEO Dave Lewis has called a "subdued UK market."

Tesco weighs up options for Asia stores Hannah Abdulla | 9 Dec 19

UK supermarket chain Tesco has confirmed it is weighing up plans for its Asia retail business, which could result in the sale of Thailand and Malaysia-based stores.

Brands still failing to deliver on responsible viscose sourcing Michelle Russell | 20 Nov 19

A new report has found that while the issue of responsible viscose production is now firmly on the agenda of the fashion industry, there are still brands and retailers failing to deliver on responsible sourcing.

Tesco boss Dave Lewis tenders resignation Beth Wright | 2 Oct 19

UK supermarket retailer Tesco has announced the resignation of its group CEO Dave Lewis who will step down from the business next year - a departure one analyst says will leave "some mighty big boots to fill." 

Tesco eyes F&F clothing expansion Hannah Abdulla | 21 Jun 19

UK supermarket retailer Tesco has confirmed to just-style it is planning to expand the F&F clothing offer in its larger stores as it continues to repurpose space by extending categories that meet a "unique" customer demand.

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. 

Tesco turnaround on track as FY profits surge 28% Beth Wright | 10 Apr 19

UK supermarket retailer Tesco says it is confident it has met the vast majority of its turnaround goals after posting a 28% jump in full-year profits.

M&S, Tesco to guard against supply chain exploitation Beth Wright | 27 Feb 19

A cohort of UK retailers including M&S, Tesco, and Sainsbury's - all of which boast a substantial apparel and footwear portfolio - have come together as Founding Sponsors of a new initiative which acts to guard against exploitation in supply chains. 

Clothing helps boost Tesco Christmas trade Beth Wright | 11 Jan 19

UK supermarket retailer Tesco posted its twelfth consecutive quarter of positive sales growth, with its clothing sector outperforming the market throughout the Christmas period as its F&F ranges continue to prove popular with customers.

Tesco and JD Sports back new retail leadership degree Beth Wright | 5 Dec 18

House of Fraser, JD Sports, Jigsaw and Tesco are among 12 British retailers supporting what is thought to be the first apprenticeship degree for retail leaders.

Tesco steps up efforts on supply chain transparency Michelle Russell | 25 Oct 18

The length and complexity of the apparel supply chain means collaboration is often the only way for businesses to grow leverage when it comes to achieving full transparency, according to UK supermarket retailer Tesco, which is busy joining a number of initiatives to try to bring about change.

Tesco clothing sales climb 2.4% in Q2 Beth Wright | 3 Oct 18

UK supermarket group Tesco saw clothing sales climb in its second-quarter, as the company booked its eleventh consecutive quarter of positive like-for-like sales in the UK.

Levi Strauss, Tesco join Green Supply Chain Map Beth Wright | 2 Aug 18

Denim giant Levi Strauss & Co and supermarket retailer Tesco are among the latest companies to join a new online map that claims to be the only tool in the world to openly link leading multinational corporations to their suppliers' environmental performance.

Tesco and Target scale up supply chain sustainability Beth Wright | 26 Jun 18

US department store retailer Target Corp and UK supermarket group Tesco have joined Walmart in collecting data from suppliers to reduce environmental risk and cut carbon emissions in the supply chain.  

Clothing boosts Tesco FY, turnaround remains "firmly" on track Beth Wright | 11 Apr 18

UK supermarket retailer Tesco posted its ninth consecutive quarter of positive sales growth, with its clothing sector performing well throughout the year as its F&F range continued to prove popular with customers.

Tesco cuts 1,700 jobs to simplify operations Beth Wright | 23 Jan 18

UK supermarket retailer Tesco has outlined plans to simplify its operational structures in a move that will affect some 1,700 employees in a bid to improve efficiency and ensure it remains competitive in the future.

Clothing review boosts Tesco Christmas trade Beth Wright | 11 Jan 18

UK supermarket retailer Tesco posted its eighth consecutive quarter of positive sales growth, with its clothing sector performing well throughout the Christmas period as its F&F ranges continue to prove popular with customers.

Hela Clothing develops augmented reality T-shirt with Tesco Michelle Russell | 20 Dec 17

Sri Lankan apparel manufacturer Hela Clothing has joined forces with Tesco to launch an augmented reality children’s T-shirt as the UK retailer continues its work to develop and test new technologies in the apparel space.

Clothing boosts Tesco H1, turnaround "firmly" on track Beth Wright | 4 Oct 17

UK supermarket retailer Tesco posted its seventh consecutive quarter of positive sales growth, with its clothing sector performing well throughout the first half thanks to the range and strength of its F&F Brand.

Tesco to list suppliers amid toxic-free clothing pledge Michelle Russell | 14 Jul 17

UK supermarket retailer Tesco has committed to immediately begin the process of eliminating hazardous chemicals from its clothing supply chain, as well as releasing a complete list of its suppliers.

Clothing brands commit to 100% sustainable cotton by 2025 Michelle Russell | 25 May 17

Asos, Kering, Levi Strauss & Co and Nike are among 13 clothing and textile brands who have committed to using 100% sustainable cotton by 2025.

Tesco moves to FY loss but sees UK sales rise Michelle Russell | 12 Apr 17

UK supermarket retailer Tesco moved to a loss in its last fiscal year as a result of one-off charges, but booked its first rise in UK sales for seven years.

Where next for the Corporate Human Rights Benchmark? Michelle Russell | 22 Mar 17

First feedback on last week's launch of the Corporate Human Rights Benchmark has welcomed the move – but warns against drawing conclusions too quickly and highlights a number of critical issues such as the quality and credibility of information, governance and price pressures.





just-style homepage

Forgot your password?