Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

SPAIN: Inditex books "strong" H1 despite sales decline Katie Smith | 17 Sep 14

Spanish retailer Inditex delivered a "strong" set of first-half results as better cost control offset weaker gross margin, according to one analyst, despite a drop in sales.

ANALYSIS: Apparel industry not immune from Russia tensions Michelle Russell | 15 Aug 14

Retail shares were among the biggest fallers last week as financial markets reacted to President Vladimir Putin's retaliation to the imposition of sanctions on Russia. While the ban was imposed on food and agricultural imports, the apparel industry is unlikely to be immune from the effects of the standoff, with majors like Adidas already suffering long-standing issues in the country.

US: Worker safety pacts "not part" of Ralph Lauren strategy Katie Smith | 11 Aug 14

Luxury apparel giant Ralph Lauren Corporation has said becoming a member of one of two groups working to improve safety and working conditions in Bangladesh's textile industry is "not part" of its strategy.

Spotlight on...Organic cotton faces potential supply shortage Leonie Barrie | 5 Aug 14

Brands and retailers seeking to use more organic cotton in their ranges over the next few years are likely to face a potential supply crisis as new figures show a 21% decline in organic cotton production last year.

just-style's research roundup Liz Hague | 18 Jul 14

The latest reports from just-style's research store include a case study of US fashion apparel retailer American Eagle Outfitters, a global review of denim and jeanswear, and a country report of Vietnam.

UK: Ted Baker “no plans” to stop using wool Katie Smith | 17 Jul 14

UK apparel lifestyle brand Ted Baker has told just-style it has no plans to boycott wool, despite calls to from an animal rights group, which exposed a series of violations in the industry.

SPAIN: Inditex to speed up supply chain with RFID Katie Smith | 16 Jul 14

Spanish retail giant Inditex is to implement radio frequency garment identification (RFID) technology into all of its stores in a bid speed up its supply chain processes.

UK: Primark launches investigation after wool probe Katie Smith | 15 Jul 14

UK value fashion retailer Primark has launched an investigation following the release of video footage exposing a series of violations in the wool industry.

US: Winning retailers rethinking business models Richard Woodard | 15 Jul 14

Successful US retailers in the post-recession era have adapted their business models to remain relevant to consumers, according to new research.

UK: PETA urges wool boycott after undercover probe Katie Smith | 14 Jul 14

Retailers and consumers are being urged by animal rights activists to boycott wool products after an investigation is said to have exposed a series of violations in the industry.

Top stories this week on just-style... Katie Smith | 11 Jul 14

The most-read stories on just-style this week include June's UK clothing retail prices falling to their lowest level since 2006, Inditex renewing an agreement to monitor its supply chain, and a look at the decline in US apparel imports in May.

SPAIN: Inditex renews agreement to track the supply chain Leonie Barrie | 8 Jul 14

Spanish retail giant Inditex, operator of the Zara fast fashion chain, has renewed a "ground-breaking" agreement designed to monitor and track the retail supply chain.

UK: M&S reshuffles execs as international director departs Leonie Barrie | 30 Jun 14

Retailer Marks & Spencer is shuffling the responsibilities of its executive team in a move that highlights the growing importance of its online and international businesses.

Eastern Europe a “cheap labour sewing backyard” Leonie Barrie | 11 Jun 14

As brands and retailers increasingly explore options for sourcing closer to home, it is perhaps inevitable that labour rights activists should now turn their attention to pay and conditions for garment workers in eastern Europe and Turkey.

Euratex discusses textile trade priorities and concerns Jozef De Coster | 11 Jun 14

The impact of global trade policies, particularly free trade agreements, continues to preoccupy the European Apparel and Textile Confederation (Euratex). Its just-released annual report points out that pacts with key markets around the world remain a key priority. And a conference last week continued the debate, looking at the benefits of existing FTAs and the potential impact of those in the pipeline.

SPAIN: Inditex Q1 profit beats analyst expectations Michelle Russell | 11 Jun 14

Spanish retailer Inditex, owner of the Zara fashion chain, has revealed first-quarter earnings that came in above analyst expectations thanks to better than anticipated cost control.

CHINA: Clothing retail to soar as export growth falters Textiles Intelligence | 9 Jun 14

China's retail market looks set to soar over the next few years as the government acts to encourage domestic growth to offset a possible slowdown in clothing exports.

Sourcing shifts: China starts to shed lower end sourcing Wang Fangqing | 4 Jun 14

As labour costs in China continue to rise, the country's apparel and textile industry is seeing some orders transferred to other outsourcing locations as foreign buyers seek lower-cost manufacturers.

NORWAY: Action call after chemicals found in clothing Richard Woodard | 3 Jun 14

Norway’s Consumer Council is calling on the authorities and apparel industry for a “more aggressive” approach after banned chemicals were found in clothing.

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.

WORLD: Top 10 apparel brands now worth US$100bn Richard Woodard | 27 May 14

The world’s top 10 apparel brands have grown in value by 29% and are now worth close to US$100bn, according to the 2014 Brandz Top 100 Most Valuable Global Brand rankings.

ANALYSIS: Mauritius apparel sector faces up to challenges Michelle Russell | 22 May 14

Textile and apparel has grown to become one of the main pillars of Mauritius' economy in the last decade. Trade deals in place with Europe and the US have certainly contributed, helping boost the country's exports last year. While the sector still faces a number of challenges, the opportunities appear to be outweighing those. Michelle Russell reports.

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.

ANALYSIS: Responsive supply chain key to Gap's growth plans Katie Smith | 23 Apr 14

US clothing giant Gap Inc has set its sights on growing operating margin beyond 13%, as it looks to gain a larger share of the US$1.4 trillion global apparel market. Key to this is building a more responsive supply chain, seamless inventory, international expansion, and omni-channel capabilities.

Spotlight on...Teen retail being rocked by fast fashion headwinds Michelle Russell | 11 Apr 14

The popularity of fast fashion retailers such as Forever 21, H&M and Zara has changed the way consumers shop for value on a global basis. And according to new research, continued expansion of these concepts is likely to put more pressure on speciality retailers in the US - particularly those in the teen space.

VIETNAM: Jeanologia and Vinatex commit to jeans production Michelle Russell | 9 Apr 14

Spanish sustainable textile technology firm Jeanologia is building its partnership with the Vinatex group with the aim of making Vietnam a global centre of excellence in the production of jeans.

VENEZUELA: Introduces fair prices law to fight inflation Michelle Russell | 7 Apr 14

The Venezuelan Government and 17 private companies have signed a deal to establish fair prices for garments and household goods.

CANADA: H&M and Inditex to eliminate forest-based viscose Katie Smith | 3 Apr 14

Two of the world's largest fashion companies, H&M and Inditex, have set out new sourcing commitments to ensure the rayon and viscose fabrics used in their clothes is not derived from ancient and endangered forests.

UK: ETI revises labour code clause to clarify working hours Leonie Barrie | 3 Apr 14

Workers in global supply chains should not be asked to work more than 60 hours per week, according to a revised clause in the labour code drawn up by an alliance of companies that includes Tesco, Asda, M&S, Next, New Look, Primark and Zara.

Sourcing costs and competition weighing on margins Michelle Russell | 25 Mar 14

Pricing pressure and increasing competition mean apparel sourcing executives may have to deal with higher gross margins and flat average unit costs this year, according to a new UK report.






just-style homepage

Forgot your password?