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Michelle Russell

JD Sports share placing adds firepower for more M&A

4 February 2021 | Michelle Russell

Sports retail giant JD Sports has raised GBP464m (US$634m) in its latest share placing to support future acquisition opportunities.... read more


JD Sports on acquisition spree with DTLR Villa buy

1 February 2021 | Michelle Russell

JD Sports Fashion Plc has made its third acquisition in just over a month with the purchase of US athletic footwear and apparel streetwear retailer DTLR Villa.... read more


Debenhams to close six stores as rescue talks continue

13 January 2021 | Michelle Russell

Debenhams has said it will permanently close six stores, including its Oxford Street store, as the UK department store retailer continues to engage with third-parties over a potential sale of all, or parts, of the business.... read more


Debenhams to begin wind-down of UK operations

1 December 2020 | Michelle Russell

UK department store chain Debenhams is to begin a wind-down of its operations after JD Sports Fashion, Britain's largest sportswear retailer, ended rescue talks this week and administrators failed to find an alternative buyer for the business.... read more


Pentland Brands appoints new CEO in management reshuffle

9 September 2020 | Michelle Russell

Pentland Brands has made a number of management changes, including the appointment of Chirag Patel as chief executive officer.... read more


Weak footfall and shift to online weighs on JD Sports H1

8 September 2020 | Michelle Russell

JD Sports saw both earnings and sales slide in its first half as weak footfall and additional costs associated with a shift in revenues to online channels during temporary store closures weighed on results.... read more


Worker rights risks rise to the fore

7 September 2020 | Michelle Russell

As fashion brands and retailers begin to reset and reshape their supply chains as they emerge from the global coronavirus pandemic, a new multi-year investigation has identified child labour and audit deception among the risks at stake when sourcing from garment factories in Myanmar.... read more


Debenhams owner Celine gears up for administration

24 August 2020 | Michelle Russell

Celine UK Newco 1 Limited, the owner of department store group Debenhams, has appointed administrators to prepare for its own potential bankruptcy filing.... read more


New fashion retail landscape emerging

10 August 2020 | Michelle Russell

The new fashion retail landscape emerging in the wake of the Covid-19 pandemic is already leading to dramatic and permanent changes in the way brands and fashion retailers plan and work. There are some practical steps that surviving businesses should consider as online becomes the dominant way of doing business.... read more


JD Sports fined over breach of order in Footasylum case

5 August 2020 | Michelle Russell

JD Sports Fashion and its largest shareholder Pentland Group have been fined by the UK Competition & Markets Authority (CMA) for breaching an order related to its acquisition of Footasylum.... read more


Leicester garment industry dominates headlines

13 July 2020 | Michelle Russell

UK fast fashion retailer Boohoo Group has dominated the headlines in the last week after media reports surfaced of exploitation and unsafe conditions at one of its Leicester-based supplier factories, which is reportedly paying staff just GBP3.50 (US$4.38) an hour.... read more


JD Sports grows FY profits but warns on future viability

7 July 2020 | Michelle Russell

JD Sports Fashion Plc saw earnings and sales grow in its last financial year but has warned the future viability of the business is uncertain due to the pandemic and has called for "realism" on rents and leases as the coronavirus continues to impact trading.... read more


Industry weathering the storm of the Covid-19 pandemic

15 June 2020 | Michelle Russell

Trust, people and partnerships – key tenets underpinning fashion supplier and sourcing powerhouse PDS Group – have been tested to the limit during the coronavirus pandemic. But they've also stood the business in good stead, helping to not only weather the storm but reposition it to emerge even stronger from the crisis.... read more


Retail in spotlight as bankruptcies stack up

18 May 2020 | Michelle Russell

The impact of the coronavirus (Covid-19) pandemic is starting to be felt more heavily across the retail sector with more bankruptcies emerging.... read more


Concerns mount as Covid-19 impacts supplier orders

20 April 2020 | Michelle Russell

The coronavirus (Covid-19) continued to dominate our news coverage last week as supplier orders continue to be cancelled, apparel sales continue to plummet, and industry jobs remain on the line.... read more


Debenhams to enter "light touch" administration

6 April 2020 | Michelle Russell

UK department store retailer Debenhams is preparing to file for administration for the second time in a bid to protect the company against claims from creditors during the Covid-19 pandemic.... read more


Pandemic continues to wreak havoc on industry

23 March 2020 | Michelle Russell

The ongoing impact of the coronavirus (Covid-19) pandemic on the global apparel industry and its supply chain continued to dominate content on just-style over the past week.... read more


Debenhams asks for rent cuts amid fears of second CVA

23 March 2020 | Michelle Russell

UK department store retailer Debenhams could launch its second CVA in less than a year after it wrote to landlords last week asking for a rent holiday and longer-term reductions as it seeks to manage its operations amid pressures stemming from the Covid-19 outbreak.... read more


Debenhams' CVA challenge rejected by courts

11 March 2020 | Michelle Russell

Debenhams says a company voluntary arrangement (CVA) challenge process, which began last year, has now come to an end and the retailer can proceed with its debt restructuring and continue its recovery.... read more


Coronavirus continues disruption of apparel and textile supply chain

9 March 2020 | Michelle Russell

Fuelled by new investment from its recent listing on the Hong Kong stock exchange, fashion supply chain manager Lever Style is realigning its business model to be the product engine for rising e-commerce brands. ... read more


Apparel supply concerns hit as coronavirus impact builds

17 February 2020 | Michelle Russell

Novel coronavirus (now officially named 2019-nCo) is continuing to shake up China’s supply chain. According to the World Health Organization (WHO), as of 17 February 2020 there have been 71,329 confirmed cases in 26 countries – with by far the majority (70,635) in China. ... read more


JD Sports slams Footasylum merger findings as "flawed"

11 February 2020 | Michelle Russell

JD Sports says the provisional findings of the UK competition watchdog's probe into its acquisition of rival Footasylum are "fundamentally flawed" and demonstrate "a complete misunderstanding" of the market.... read more


Progress on trade deals welcomed

19 December 2019 | Michelle Russell

The United States and China have reached an agreement on a Phase One trade deal in a move that will delay new tariffs that were due to take effect over the weekend and halve the rates currently imposed on most apparel and textile products imported from China.... read more


Pentland Brands strengthens Berghaus product team

18 December 2019 | Michelle Russell

Pentland Brands has appointed former Nike and Columbia Sportswear executive Paul Anderton as head of category for product innovation for the Berghaus brand.... read more


Vietnam's textile-garment plan hits hurdles

19 November 2019 | Michelle Russell

domestically-made textile inputs remains a major problem that continues to hinder clothing manufacturers in the country.... read more


New B2B marketplace connects suppliers and retailers

3 October 2019 | Michelle Russell

A B2B fashion marketplace has launched that aims to help retailers find innovative styles at competitive prices from the best suppliers in the business, while helping sellers expand their reach and increase sales.... read more


Rwanda gearing up for a slice of sourcing action

24 September 2019 | Michelle Russell

For years now, Ethiopia has garnered the spotlight for its ambitions to become the world's next big destination for textile and fashion production. But another East African country – Rwanda – is also gearing up for a slice of the action, with the country's newest export-led garment factory quickly making up for lost time.... read more


Debenhams optimistic despite supplier concerns

16 November 2018 | Michelle Russell

Struggling British department store chain Debenhams is confident it is well-stocked for Christmas, despite concerns a number of high street suppliers have stopped working with the retail group.... read more


Debenhams to close up to 50 stores amid record FY loss

25 October 2018 | Michelle Russell

Struggling British department store group Debenhams is to close up to 50 stores – nearly one-third of its store base – putting around 4,000 jobs at risk amid record annual losses.... read more


Trump moves forward with trade threats

26 September 2018 | Michelle Russell

US President Donald Trump has decided to move forward with a 10% tariff on an additional US$200bn worth of goods from China, in a move the US fashion industry says will considerably disrupt the sector's supply chain. The tariffs will take effect today (24 September) and will be set at a level of 10% until the end of the year. On 1 January 2019, the tariffs will rise to 25%.... read more


Sports Direct denies Debenhams takeover reports

13 September 2018 | Michelle Russell

House of Fraser's new owner Sports Direct has been forced to issue a statement denying reports it intends to make a takeover offer for struggling British department store group Debenhams.... read more


Debenhams seeks advice amid high street pressure

10 September 2018 | Michelle Russell

Struggling British department store group Debenhams has appointed restructuring experts KPMG to look at a number of options for the company, including a potential company voluntary arrangement (CVA).... read more


Trump tariff dispute rumbles on

26 June 2018 | Michelle Russell

The US has escalated its trade threats to China after President Donald Trump said he is considering tariffs on an additional $200bn of Chinese goods if China "refuses to change its practices."... read more


Debenhams "reviewing options" on Magasin operations

22 June 2018 | Michelle Russell

Debenhams has said it is reviewing its options on its Danish operations Magasin du Nord as the UK department store retailer looks to cut costs.... read more


Concern mounts over Trump's trade policies

16 April 2018 | Michelle Russell

Since President Donald Trump took office in January 2017, his administration has been busy fulfilling major campaign promises on trade policy – much to the concern of US fashion brands and apparel retailers.... read more


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