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COMMENT: Mothercare turns corner but work ahead Katie Smith | 27 Nov 14

Struggling UK mother, baby and children's goods retailer Mothercare could finally be turning a corner after returning to profit in the first half of the year. But while the message is one of reassurance, more work inevitably lies ahead.

Tesco faces shareholder lawsuit over profit error Michelle Russell | 26 Nov 14

UK litigation firm Stewarts Law is preparing a legal case against retail behemoth Tesco to compensate shareholders who suffered a loss due to its recent profit overstatement.

F&F improves garment fit with 3D solution Katie Smith | 20 Nov 14

Tesco's F&F clothing brand has improved the fit of its garments globally after implementing Lectra's 3D virtual prototyping solution.

M&S hires new CFO from John Lewis Michelle Russell | 17 Nov 14

UK retailer Marks & Spencer has appointed John Lewis finance chief Helen Weir as its next CFO.

Steady growth seen for global retail in 2014 Richard Woodard | 7 Nov 14

Improved performance in Western Europe has helped the global retail industry to record steady growth of 5.3% in 2014, according to new market research.

Tesco's H1 profit plunge: What the analysts say Katie Smith | 23 Oct 14

In an unsurprising announcement this-morning (23 October), troubled UK retail behemoth Tesco posted a 92% decline in first-half profits, weighed down by its higher-than-expected accounting error. While many analysts believe Tesco can now draw a line under its darkest days, views are mixed on how fast a turnaround, if any, is likely for the business.

Tesco chairman resigns as H1 profits plunge 92% Katie Smith | 23 Oct 14

Tesco chairman Sir Richard Broadbent has stepped down in light of the accounting error that has resulted in a 92% decline in first-half profit for the troubled UK retail giant.

Top stories last week on just-style... Katie Smith | 20 Oct 14

The most-read stories on just-style last week included a look at the impact of China tightening up on corporate social responsibility, analyst opinion on JC Penney's new CEO, and an overview of Glenn Murphy's seven-year tenure at Gap.

Tesco backs campaign to end forced labour in Uzbek cotton Leonie Barrie | 15 Oct 14

Retail giant Tesco has signed a pledge not to use cotton from Uzbekistan, joining a wider campaign to try to stop the use of forced labour in the country's annual harvest.

Potential operational paralysis ahead for Tesco Michelle Russell | 13 Oct 14

The audit report of Tesco's commercial teams could, analysts believe, create operational paralysis for Tesco ahead of the very busy Christmas build-up.

Tesco "suspends" fifth senior executive after profit error Michelle Russell | 7 Oct 14

UK retailer Tesco is understood to have suspended a fifth senior executive after it last month revealed a GBP250m (U$408.1m) profit overstatement in its first-half accounts.

Fast fashion: Accurate information is key to success MJ Deschamps | 6 Oct 14

While speed is, of course, an important part of the fast fashion process, a shorter timeframe between garment design and point of sale does not necessarily mean a larger margin of errors.

Tesco adds "much needed experience" to board Michelle Russell | 6 Oct 14

Tesco has appointed two non-executive members to its board of directors, adding what analysts believe is much needed international consumer market experience for the struggling supermarket group.

Tesco under investigation following overstatement Michelle Russell | 1 Oct 14

Tesco has revealed the group is under investigation by the Financial Conduct Authority (FCA) after the retail behemoth last week revealed a GBP250m (U$408.1m) profit overstatement in its first-half accounts.

World Retail Congress 2014 Day Two: Quote/unquote Michelle Russell | 30 Sep 14

The second day of the annual World Retail Congress in Paris has shifted its focus onto cohesive supply chains, sustainable consumption, and how new design and R&D models are shaping the industry.

Top stories this week on just-style... Katie Smith | 26 Sep 14

The most-read stories on just-style this week include a look at the potential growth for smart garments and wearable technology, fashion brands indicating their support for talks to raise wages for Cambodian garment workers, and analysts' thoughts on Tesco's profit overstatement.

UK: Sports Direct makes bet on Tesco shares Michelle Russell | 25 Sep 14

UK retailer Sports Direct International has made a GBP43m (US$70.1) bet on shares in beleaguered retailer Tesco.

US: Stewart takes up Tesco CFO role ahead of schedule Michelle Russell | 23 Sep 14

Tesco has said new CFO Alan Stewart will join with immediate effect just a day after the troubled retail behemoth revealed a GBP250m (U$408.1m) profit overstatement in its first-half accounts.

Tesco update: What the analysts say Michelle Russell | 22 Sep 14

Tesco today (22 September) revealed a GBP250m (U$408.1m) profit overstatement in its first-half accounts, pushing shares down nearly 8% in early trading. The “serious issue” has resulted in the reported suspension of four senior executives. Tesco has now launched an independent review. Analysts offer their thoughts on the news.

UK: Tesco shares fall on H1 profit overstatement Michelle Russell | 22 Sep 14

Tesco's share price fell nearly 8% in early trading as the UK retail behemoth revealed a GBP250m (U$408.1m) profit overstatement in its first-half accounts.

BANGLADESH: Apparel exports up marginally in July-August Siddique Islam | 16 Sep 14

Bangladesh's apparel exports edged up by 1.7% in the first two months of the current fiscal year as buyers continue to remain cautious following last year's factory safety issues and subsequent strikes and disruption as a pay rise was negotiated for apparel workers.

3D technology: Applications in retail Lee Adendorff | 2 Sep 14

From scanning technology for major sizing studies, to magic mirrors or virtual fitting rooms, 3D technology is helping to transform both retail stores and online shopping.

UK: Stemming tide of decline a priority for Tesco Michelle Russell | 29 Aug 14

Stemming the tide of decline in the core has to be the priority for Tesco, analysts believe, after the UK retailer today (29 August) issued another profit warning and said incoming CEO Dave Lewis will take up his new role a month early.

BANGLADESH: Woven garment exports tumble 4% in July Siddique Islam | 12 Aug 14

Bangladesh's woven garment exports fell by 4.14% in July amid a slowdown in shipments of apparel to markets such as the US following ongoing factory safety issues.

US: Sears appoints Tesco exec as Kmart president Michelle Russell | 12 Aug 14

Struggling retailer Sears Holdings Corporation has appointed former Tesco executive, Alasdair James, as president of its Kmart business.

UK: M&S senior non-exec director Du Plessis steps down Michelle Russell | 7 Aug 14

Marks & Spencer senior non-executive director Jan du Plessis has stepped down from the board to take up a position with SABMiller.

UK: Tesco sees departure of two F&F heads Michelle Russell | 31 Jul 14

Two department directors for Tesco's F&F clothing division have stepped down from their roles.

ANALYSIS: UK retail profit warnings hit new high Michelle Russell | 29 Jul 14

Intense competition, pricing pressure and currency headwinds are still denting UK retailer's expectations of an economic recovery, taking profit warnings to their highest first-half total for three years, new figures reveal.

Top stories this week on just-style... Katie Smith | 25 Jul 14

The most-read stories on just-style this week include a look at how clothing is likely to remain a focus for Tesco despite its upcoming CEO change, a snapshot of Myanmar's textile and apparel industry, and the Alliance for Bangladesh Worker Safety annual report, which reveals that progress is far from over a year on from its inception.

UK: Tesco's Dawson to take M&S IT head role Michelle Russell | 25 Jul 14

UK retailer Marks & Spencer has poached Tesco's chief information officer for online, Carl Dawson, as its IT director.






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