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US: New Target CEO Cornell "a good choice" Katie Smith | 31 Jul 14

US retailer Target Corp has tapped PepsiCo executive Brian Cornell as its new chairman and CEO, with one analyst applauding the move as "a good choice".

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.

US: Wal-Mart US chief resignation little surprise Michelle Russell | 24 Jul 14

The resignation of Bill Simon as the head of Wal-Mart's US division has come as little surprise, an analyst has said, after being passed over for the CEO role last year.

US: Wal-Mart replaces US division chief Michelle Russell | 24 Jul 14

US retail giant Wal-Mart has replaced the CEO of its US division, promoting Greg Foran into the role.

SOURCING: Alliance members buying more products from Bangladesh Leonie Barrie | 23 Jul 14

The group of North American brands and retailers - including Wal-Mart Stores, Gap Inc and VF Corporation - working to improve safety in Bangladesh's ready-made garment factories appears to be sourcing more products from the country as efforts to upgrade the industry take hold. But one year on, progress is "far from over", with the total cost likely to be in the region of $150m and take 12-18 another months to complete.

BANGLADESH: Apparel exports soar 14% in fiscal year Siddique Islam | 11 Jul 14

Bangladesh's ready-made garment exports are continuing to soar, rising by nearly 14% in the just-finished fiscal year as political stability returns to the South Asian country.

US: Wal-Mart supports reshoring with 'Made in USA' day Michelle Russell | 9 Jul 14

In a move to support the re-shoring of manufacturing in the US, retail giant Wal-Mart has opened its doors to host a 'Made in the USA' event for suppliers.

UK: Asda to cut around 1,360 jobs in shake-up Michelle Russell | 4 Jul 14

UK supermarket retailer Asda has said it will go ahead with proposals to change the management structures across its store network, cutting around 1,360 jobs.

INDIA: Wal-Mart expands e-commerce operations Michelle Russell | 27 Jun 14

Retail giant Wal-Mart is expanding its technology centre in India and has hired a former Oracle executive to head up the operations.

US: Sequential Brands doubles portfolio with $100m Galaxy buy Michelle Russell | 26 Jun 14

Brand management company Sequential Brands Group has acquired Galaxy Brand Holdings for US$100m in cash.

CANADA: Wal-Mart appoints Van den Berghe as Canada head Michelle Russell | 23 Jun 14

Wal-Mart Canada has appointed Dirk Van den Berghe as its president and CEO.

Global news roundup Michelle Russell | 18 Jun 14

The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.

US: Wal-Mart Canada to search for new CEO Katie Smith | 2 Jun 14

US retail giant Wal-Mart Stores is looking for a new CEO to head up its Canadian operations, after promoting Shelley Broader to president and CEO of Europe, the Middle East and Africa (EMEA).

CANADA: Wal-Mart Canada axes 750 jobs in restructure Katie Smith | 29 May 14

Wal-Mart is the latest retailer to cut hundreds of jobs in Canada as part of a new management restructuring in its stores.

BANGLADESH: Alliance inspections reveal "dozens of deficiencies" Leonie Barrie | 28 May 14

The first round of inspection reports released by the Alliance for Bangladesh Worker Safety show that "dozens of deficiencies" have been identified in every garment factory. And the group now has just six weeks to release data on the remaining 600 factories supplying its member companies.

VIEWPOINT: The link between apparel supply chains and success Leonie Barrie | 28 May 14

Do the biggest companies also have the best supply chains - or should it be instead that the best supply chains help grow the most successful companies? It's quite a question, but there's no doubt that there's a connection between the two, especially when it comes to Zara-owner Inditex, H&M and Nike.

CHINA: Wal-Mart to invest US$93m in stores and logistics Michelle Russell | 20 May 14

Retail behemoth Wal-Mart is to invest CNY580m (US$93m) remodelling its existing stores in China, in addition to opening new ones, in a bid to enhance its operations in the country.

UK: Asda confident after first-quarter sales climb Katie Smith | 16 May 14

Supermarket retailer Asda is confident it is moving in the right direction, after reporting a slight increase in first-quarter like-for-like sales.

US: Q1 earnings drop pushes Wal-Mart shares down Michelle Russell | 15 May 14

Retail giant Wal-Mart Stores saw its share price slide this morning (15 May) after it booked a drop in earnings in the first quarter.

US: Wal-Mart plans "groundbreaking" closed loop fund Katie Smith | 6 May 14

Retail giant Wal-Mart Stores has unveiled plans to launch a "groundbreaking" closed-loop initiative, designed to transform the recycling system in the US.

UK: Sainsbury's promotes clothing boss in reshuffle Katie Smith | 1 May 14

Sainsbury's clothing boss James Brown has been promoted to director of all non-food trading, as part of a reshuffle to prepare for the departure of CEO Justin King.

High inventories at US retailers is causing concern Leonie Barrie | 29 Apr 14

Stung by unseasonably cold spring weather that blanketed many parts of the US just as they were rolling out their spring merchandise, retailers have not only been hampered by sluggish sales but are also battling high levels of inventory, analysts warn.

CHINA: Wal-Mart makes Asia management changes Michelle Russell | 25 Apr 14

Retail giant Wal-Mart has made a number of senior management appointments in its Asia region, which it says will add to its strength in the region.

Rana Plaza one year on: Timeline of change Leonie Barrie | 24 Apr 14

The Rana Plaza factory disaster has proved to be a catalyst for change in Bangladesh. While there has been criticism of the speed of the factory inspection process and efforts to improve worker safety, a timeline of major milestones shows that progress is being made.

UK: Analysts have high hopes for Primark's US launch Katie Smith | 24 Apr 14

The news that Primark will open its first store in the US next year has been well received by analysts, with one saying it will significantly increase the UK value fashion chain's long-term growth potential.

MEXICO: Walmex Q1 profit falls on higher costs Katie Smith | 23 Apr 14

Retailer Wal-Mart de Mexico, known locally as Walmex, has blamed higher expenses and a shift in the timing of Easter for a 4.5% drop in first-quarter profit.

CHINA: Workers strike at Adidas supplier shoe factory Michelle Russell | 16 Apr 14

Thousands of workers at Taiwanese-owned Yue Yuen shoe factories in Dongguan, which supplies Adidas and Nike, have continued to strike for a second time over social security payments.

US: Wal-Mart exec to lead Levi Strauss e-commerce Katie Smith | 15 Apr 14

Levi Strauss & Co has tapped Wal-Mart executive Marc Rosen to head up e-commerce, as the denim giant looks to strengthen its online operations.

INDIA: Wal-Mart sets out store and e-commerce growth plans Michelle Russell | 14 Apr 14

Global retail giant Wal-Mart has revealed growth plans for its wholesale store division in India including the opening of additional stores and an extension of its B2B e-commerce platform.

WORLD: Adidas plans mobile phone hotline at all suppliers Leonie Barrie | 11 Apr 14

The use of mobile phones to monitor workers in apparel supply chains is continuing to gain momentum, with sportswear giant Adidas now planning to roll the service out to all of its suppliers in the next few years.








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