Wal-Mart Stores Inc

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

In the money: Wal-Mart eyes H2 improvement Richard Woodard | 15 Aug 13

If the world’s biggest retailer is a reliable barometer of the state of the consumer economy, it may be some time yet before commentators can utter the word “recovery” with any confidence.

US: Wal-Mart Q2 profit edges up 1.3% Richard Woodard | 15 Aug 13

World’s biggest retailer Wal-Mart Stores posted an underwhelming set of second quarter results, with US comparable store sales flat despite a slight overall profit increase.

In the money: Buoyant Gildan looks to the future Richard Woodard | 7 Aug 13

Record third quarter profits and booming branded apparel sales for Gildan Activewear have left the Montreal-based company with food for thought over future production capacity.

US: Fashion Avenue Sweater Knits taps PLM and SCM tools Leonie Barrie | 7 Aug 13

Fashion Avenue Sweater Knits, a leading importer of children's and women's apparel, has gone live on NGC's fashion PLM and Supply Chain Management (SCM) solution.

just-style's most read stories this week... Petah Marian | 2 Aug 13

The most read stories on just-style this week include a look at PVH setting out its succession plan, Hudson's Bay's acquisition of Saks, and a report on the use of mobile phones to monitor labour abuses in garment factories.

Monitoring supplier workforces via mobile phone Petah Marian | 30 Jul 13

The use of mobile phones to monitor labour abuses in apparel-making countries is emerging as an accelerating trend this year, as apparel brands and retailers come under increasing pressure to be more accountable for their supplier base. Petah Marian looks at two programmes being used by Marks & Spencer and Wal-Mart.

BANGLADESH: Retailers urged to discuss Rana Plaza compensation Petah Marian | 24 Jul 13

Retailers involved in the recent Bangladesh apparel factory tragedies are being called on to attend meetings to discuss compensation for victims.

How do the Bangladesh safety pacts measure up? Leonie Barrie | 11 Jul 13

Unveiling a new five-year plan to improve worker safety at the factories in Bangladesh that produce their clothing, North American brands and retailers were keen to stress the similarities between their own initiative and a separate scheme backed by 70 mainly European companies. That said, there are considerable differences too.

US: North American retailers detail Bangladesh safety plan Leonie Barrie | 10 Jul 13

A group of leading North American retailers and brands - led by Wal-Mart and Gap - have committed more than $142m in funding and low interest loans to help improve factory safety conditions for garment workers in Bangladesh.

INDIA: Wal-Mart India head Jain exits Katie Smith | 27 Jun 13

US retail giant Wal-Mart has announced that Raj Jain, president of its Indian business, has left the company after six years in the post and will be replaced by Ramnik Narsey.

US: Measure to tap military stores on Bangladesh safety Leonie Barrie | 13 Jun 13

US lawmakers are seeking assurances that garments made in Bangladesh and sold at stores on US military bases are sourced from factories that comply with new codes on fire and building safety.

Sourcing shifts: Outsourcing options closer to home Kitty So | 3 Jun 13

Finding a cheap and responsive outsourcing option closer to home is increasingly a key option for US and European brands.

Comment: What's the best way to raise standards in Bangladesh? David Birnbaum | 30 May 13

Three strategies have emerged among clothing brands and retailers trying to decide what steps to take to raise standards in factories in Bangladesh. But David Birnbaum believes the approach in which customers provide funds to upgrade factory structures is the worst option of all.

CAMBODIA: H&M clothes linked to latest factory collapse Leonie Barrie | 22 May 13

A factory where a shelter collapsed earlier this week injuring 23 people was making clothes for Swedish fashion retailer H&M without its knowledge, the company has admitted.

UK: Asda claims "strong" Q1 after LFL sales rise Dean Best | 17 May 13

Asda CEO Andy Clarke claimed the UK supermarket retailer put in a "strong performance in a tough market" after booking higher first-quarter like-for-like sales.

US: Wal-Mart shares fall after profits miss forecasts Dean Best | 16 May 13

Shares in Wal-Mart were down today (16 May) after the world's largest retailer posted quarterly earnings that missed Wall Street forecasts - and booked lower US sales.

BANGLADESH: Wal-Mart won't sign Accord, ramps up inspections Petah Marian | 15 May 13

Wal-Mart has confirmed plans to conduct in-depth safety inspections at its supplier factories in Bangladesh over the next six months after revealing it would not join the Bangladesh Fire and Building Safety Accord.

BANGLADESH: More retailers race to join safety accord Petah Marian | 15 May 13

More retailers and brands have joined the Accord on Fire and Building Safety in Bangladesh ahead of the midnight deadline (15 May).

BANGLADESH: Benetton and N Brown commit to safety accord Leonie Barrie | 14 May 13

Two more European retailers have this-afternoon signed up to the new Accord on Fire and Building Safety in Bangladesh, which aims to improve safety conditions in supplier factories.

BANGLADESH: NGOs increase pressure on retailers to sign fire safety agreement Petah Marian | 10 May 13

NGOs are increasing pressure on international clothing brands and retailers that source from Bangladesh to sign the Accord on Fire and Building Safety following another fatal incident in a garment factory.

US: 'Chemicals of concern' found in children's products Leonie Barrie | 8 May 13

Reports filed by companies including Gap Inc, Gymboree Corp, Nike Inc, H&M and Wal-Mart Stores to comply with a Washington State law are said to have shown "chemicals of high concern" in products made or marketed for children, research has discovered.

US: Senate passes bill to charge state taxes on online sales Petah Marian | 8 May 13

The US Senate has passed legislation that will subject online shopping to state sales taxes.

Comment: The crooks and conmen among us David Birnbaum | 7 May 13

Today, many if not most importers and retailers are making an honest effort to make Bangladesh a better place to work for customers, suppliers and workers alike. But recent events such as the collapse the Rana Plaza factory building have brought out some important truths, believes David Birnbaum.

Viewpoint: Making clothes should never mean life or death Leonie Barrie | 2 May 13

Is Bangladesh is a place where workers are safe to make clothes sold by Western retailers and brands - and is the lure of low costs a risk worth taking? Last week's collapse of the eight-storey Rana Plaza factory complex has brought these concerns to the fore all over again.

UPDATE: Retailers respond to Bangladesh factory claims Petah Marian | 29 Apr 13

British fashion retailer Primark and Canadian brand Joe Fresh have confirmed that their garments were being manufactured in one of the Bangladesh factories that collapsed on Wednesday (24 April), killing nearly 300 people.

UPDATE: Renewed calls for better Bangladesh worker safety Leonie Barrie | 29 Apr 13

Labour rights groups and unions have stepped up their calls for urgent action to improve worker health and safety in Bangladesh's ready-made garment industry, as the death toll from the collapsed Rana Plaza factory building soars to 381.

BANGLADESH: Garment factory building collapses killing 86 Siddique Islam | 24 Apr 13

An eight-storey commercial building that housed five garment factories collapsed near the Bangladeshi capital Dhaka today (24 April), killing more than 86 people - most of them apparel workers - and leaving several hundred others injured.

US: Worker rights group to protest at Gap HQ Petah Marian | 22 Apr 13

A demonstration is set to take place at Gap's headquarters in San Francisco on Thursday (25 April) to protest against garment worker conditions in Bangladesh.

Threat of backlash hangs over Bangladesh future Richard Woodard | 18 Apr 13

Bangladesh could capitalise on its low labour costs to become “the next China” if it can break through infrastructure, energy and land bottlenecks, according to a World Bank report - which also warns of a possible backlash from recent compliance and safety issues in the ready-made garments (RMG) sector.

BANGLADESH: European retailers agree Tazreen fire compensation Petah Marian | 16 Apr 13

European retailers C&A, Kik and El Corte Ingles will contribute to a compensation plan for the victims of the Tazreen Fashions fire in Bangladesh in November last year.








just-style homepage

Forgot your password?