Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

THE FLANARANT: Strategies to cope with the end of cheap clothes Mike Flanagan | 8 Nov 10

Instead of bemoaning the end of cheap clothing, Mike Flanagan is challenging retailers and buyers to drive prices down again through creative new practices. They must work harder to offer their customers better value, he says, and put pressure on different parts of the supply chain to manage the factors that influence prices.

INDIA: Tata International steps into footwear retail | 28 Oct 10

Tata International, the global trading arm of the Tata Group and India's leading exporter of leather and shoes, is stepping into retail with its first footwear chain.

US: Zara slates five more online launches | 26 Oct 10

Zara is to launch its online stores for the Austria, Belgium, Ireland, Luxembourg and Netherlands markets on 4 November.

Is fast fashion killing fashion? Leonie Barrie | 12 Oct 10

One of the biggest retail success stories of the past decade has been the phenomenal rise of fast fashion, a shopping trend spurred by rapidly changing styles and the ready availability of cheap brands. In a session entitled 'Is fast fashion killing fashion?' at last week's IAF World Apparel Convention in Hong Kong, delegates were left in no doubt the concept has forced the industry to change.

UK: New Zara, H&M and Gap online stores "inadequate" | 24 Sep 10

New online stores that were opened for business earlier this month by three of the world's biggest fashion's biggest brands have been criticised by a technology analyst as being "inadequate" and may even jeopardise customer loyalty.

COMMENT: Zara - is it time to upgrade to version 2.0? | 22 Sep 10

Fashion retail giant Inditex today (22 September) posted a 68% hike in first-half net profit, buoyed by international expansion. But as its flagship Zara brand becomes an increasingly global phenomenon, David Birnbaum wonders whether its business model is now due an overhaul in line with its overseas growth.

SPAIN: Inditex H1 profit soars as expansion continues | 22 Sep 10

Fashion retail giant Inditex posted a robust increase in first-half net profit, buoyed by its continued international expansion and a revenue increase of 14%.

FRANCE: Rising fashion labels backed by LVMH chief Stuart Todd | 21 Sep 10

Private equity fund L Capital, which is owned by LVMH chief Bernard Arnault and his family and Florac, has taken a 51% stake in SMCP, the holding company of rising French fashion labels Sandro, Maje and Claudie Pierlot.

UK: H&M creates buzz for e-commerce launch Joe Ayling | 16 Sep 10

The much-anticipated launch of H&M's UK e-commerce store today (16 September) is expected by analysts to be worth the wait.

GLOBAL: Louis Vuitton tops fashion brand rankings | 16 Sep 10

Louis Vuitton continues to lead a pack of ten fashion names named in the latest rundown of the top 100 global brands drawn up by Interbrand.

JAPAN: Sogo & Seibuto sell Zara clothes Michael Fitzpatrick | 7 Sep 10

Japan’s top department store Sogo & Seibu Co is to open fast-fashion areas dedicated to Zara and other fast fashion leaders.

ANALYSIS: Spanish chains halt apparel market freefall Ivan Castano Freeman | 6 Sep 10

Like most industries in Spain today, the apparel sector has not emerged unscathed from the deep recession that's roiling the country.

Top stories on just-style this week... Joe Ayling | 3 Sep 10

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.

ANALYSIS: Gap and Zara enter European cyberspace Joe Ayling | 2 Sep 10

As two of fashion's biggest brands launch e-commerce sites to serve their European consumers, one question remains; what took them so long?

August 2010 management briefing: Part IV - The winners and survivors | 31 Aug 10

Looking at performance on a global market positioning basis, rather than geography, the last two years have been challenging for all global textile and clothing producers, as demand waned and customers put off purchasing decisions.

Top stories on just-style this week... | 27 Aug 10

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.

August 2010 management briefing: Part II - The Chinese marketplace | 27 Aug 10

If any country was likely to be vulnerable to a collapse in sales from a global recession it was export-oriented China. The fact remains, however, that China's textile and clothing industry is still in reasonable shape.

SPAIN: Zara turns focus to e-commerce Joe Ayling | 26 Aug 10

Spanish textiles firm Inditex Group has told just-style it will open an e-commerce store for the Zara brand next week.

The Egyptian retail market | 25 Aug 10

Marks & Spencer plans to open its first store in Egypt later this year with franchise partner Al Futtaim. just-style takes this opportunity to take a deeper look at the Egyptian retail sector with the help of research partner Euromonitor.

BRAZIL: Vicunha targets Argentine, Ecuadorian expansion Ivan Castano Freeman | 23 Aug 10

Vicunha Textil, which makes jeans for brands such as Levis and Zara, is negotiating buying a textiles factory in Argentina and investing as much as US$25m to expand its Ecuadorian manufacturing facilities.

US: MNG by Mango launches exclusively at JCPenney | 19 Aug 10

US department store retailer JCPenney is jumping on the European fast fashion bandwagon after teaming up with Spanish firm Mango to launch an exclusive brand in its stores called MNG by Mango.

LITHUANIA: Apranga swings into H1 profit | 17 Aug 10

Baltic States retailer Apranga has swung into first-half profit, despite reporting lower sales during the period.

Speaking with style: Isak Halfon, expansion director, Mango Ivan Castano Freeman | 14 Aug 10

It may be ten times smaller than archrival Inditex (owner of the Zara stores) but Spanish women's fashion chain Mango is nearly as well known, thanks to clever adverts featuring glamorous movie stars and a relentless expansion which has taken it to 100 countries in recent years. And there is room for more - much more - growth, expansion director and board member Isak Halfon tells just-style.

Global news roundup | 12 Aug 10

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

GERMANY: Inditex takes 100% of subsidiary | 10 Aug 10

Fashion retail group Inditex has taken 100% control of Germany subsidiary Zara Deutschland, buying out joint venture partner Otto Group’s remanining 22% stake.

VIEWPOINT: What’s the bottom line on Bangladesh? Leonie Barrie | 6 Aug 10

Far from quelling months of violent protests over pay and conditions, an 80% rise in the minimum wage for garment workers in Bangladesh has simply led to a fresh wave of violence over claims it still doesn't meet the high cost of living. And as the pay process has proved, there's no quick-fix to the cycle of unrest.

Continuing protests blight Bangladesh pay deal | 2 Aug 10

Despite continuing unrest on the streets of Dhaka by garment workers unhappy with the new pay deal agreed last week, it seems the compromise wage hike will go some way towards placating calls by retailers in Europe and North America for better pay in the country's clothing industry.

SPAIN: Inditex unveils new green plan | 15 Jul 10

Spanish textiles firm Inditex is to embark on a new environmental plan next year, the company's boss told shareholders.

SPAIN: Inditex eyes Australia and South Africa | 13 Jul 10

Spanish retailer Inditex Group has announced the group’s entry into two new markets in 2011 - Australia and South Africa.

ANALYSIS: Uniqlo weathers storm for global pursuit Joe Ayling | 8 Jul 10

Japanese retailer Uniqlo saw its domestic sales cool last quarter, but international advancements make up for it.








just-style homepage

Forgot your password?