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

Li & Fung feels pinch

HONG KONG: Li & Fung cuts costs as downturn hits home
Supply chain giant Li & Fung is to implement a hiring freeze, clamp down on expenses and possible redundancies, blaming the impact of worsening economic conditions.

Marchpole into receivership

UK: Marchpole placed in administration
Luxury fashion company Marchpole Holdings has gone into receivership a week after trading in the company's shares was suspended on the London Stock Exchange.

Sir Philip eyes Moss Bros

UK: Green mulls Moss Bros offer after buying 28% stake
Fashion retail tycoon Sir Philip Green is considering a takeover bid for Moss Bros after spending GBP6.7m (US$10.2m) on a 28% stake in the company this week.

Charlotte Russe evaluates buyout

US: Charlotte Russe names CEO, mulls buyout bid
Struggling women's fashion retailer Charlotte Russe Holding Inc yesterday (12 November) said it will evaluate a buyout bid from one of its largest shareholders - but also released details of a new management team tasked to "reinvigorate growth and profitability" at the chain.

Wal-Mart outlook slides

US: Wal-Mart cuts outlook despite Q3 gains
Fears over the negative impact that fluctuating currency exchange rates could have on its international business have led Wal-Mart Stores Inc to cut its full-year earnings guidance - even though it achieved solid third quarter sales and earnings growth.