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Michelle Russell

US apparel retailer bankruptcies among top in 2020

19 October 2020 | Michelle Russell

Apparel and footwear companies are amongst the three retail industries to have suffered the most this year through bankruptcies as a result of the pandemic, new figures show, with the outlook remaining bleak.... read more

Matalan cautious as Q2 profits slump by almost a third

14 October 2020 | Michelle Russell

UK value clothing retailer Matalan has booked a decline in second-quarter earnings and issued a cautious outlook amid the reinstatement of Government restrictions due to Covid-19.... read more

Minelli deploys commerce platform to speed digital shift

29 September 2020 | Michelle Russell

Minelli, the shoe brand of French fashion group Vivarte, has deployed a unified commerce platform across its European operations in a bid to speed up its shift towards digital retailing.... read more

OESH Shoes develops 100% recyclable sole

24 September 2020 | Michelle Russell

US sustainable footwear company OESH Shoes has developed a 100% recyclable shoe sole using 3D printing and thermoplastic polyurethane (TPU) materials by Huntsman Textile Effects.... read more

Nike sees permanent digital shift as online sales soar 82%

23 September 2020 | Michelle Russell

US sporting giant Nike says the shift to online sales could be a permanent trend after it revealed an 82% increase in digital sales in the first quarter.... read more

Vietnam footwear exports drop in August

9 September 2020 | Michelle Russell

Vietnam's footwear exports dropped in the first eight months of the year, according to new figures.... 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

Wolverine uses digital consumer testing for speed-to-market

19 August 2020 | Michelle Russell

Casual footwear and apparel brand Wolverine Worldwide is using consumer-driven predictive analytics to further leverage data in its product decision-making process and increase speed-to-market.... read more

BASF opens first footwear innovation centre in Taiwan

17 August 2020 | Michelle Russell

Chemical manufacturer BASF has opened its first global footwear innovation centre in Taiwan to bring together manufacturers and designers to accelerate the adoption of the latest technologies and materials.... 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

Adidas extends Rorsted tenure for five years

5 August 2020 | Michelle Russell

German sportswear group Adidas has extended the appointment of CEO Kasper Rorsted by another five years.... read more

Cambodia drafts five-year garment sector roadmap

3 August 2020 | Michelle Russell

Cambodia’s government has set out plans to launch a five-year development strategy for the country’s garment, footwear and travel bag industry to improve its competitiveness.... read more

Nike to streamline organisation and corporate leadership team

23 July 2020 | Michelle Russell

Nike Inc has said it will streamline its organisation, including its corporate leadership team, as the sporting goods firm looks to become a nimbler, flatter organisation.... read more

Johnsons Shoes Company bought out of administration

16 July 2020 | Michelle Russell

UK footwear firm Johnsons Shoes Company has been bought out of administration, resulting in the closure of six London stores.... 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

Vietnam H1 footwear exports down nearly 7%

7 July 2020 | Michelle Russell

Vietnam saw a decline of nearly 7% in footwear exports in the first half of the year, new figures show.... 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

China apparel exporters hit hard by Covid-19 demand shocks

6 July 2020 | Michelle Russell

China's apparel and footwear exporters have been hit the hardest by coronavirus-led demand shocks, a new report has found, with the two sectors having shown no signs of recovery.... read more

US apparel and footwear industry welcomes USMCA implementation

1 July 2020 | Michelle Russell

The US apparel and footwear industry is the latest to issue its support for, and welcome the implementation of the US-Mexico-Canada Agreement (USMCA), which comes into force today (1 July).... read more

Ruyi Group sees investment as key to future-proofing business

25 June 2020 | Michelle Russell

Like most in the global textile industry, Chinese giant Shandong Ruyi Group has had to face the challenges Covid-19 has thrown its way but believes its preparation and investment in brands and technology prior to the pandemic has stood it in good stead for the future as it looks to maintain its path to becoming a "one-stop internationally advanced intelligent industrial chain".... 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

Hunter CEO steps down ahead of strategic review

10 June 2020 | Michelle Russell

The CEO of global footwear and outdoor lifestyle brand Hunter Boot Ltd, is to step down from his role next month as the company prepares to launch a business strategic review.... read more

Exploring new sourcing options a priority for outdoor clothing firms

3 June 2020 | Michelle Russell

Exploring new sourcing options outside of China will be a priority for outdoor clothing companies as they look to work through the challenges of the pandemic and the US-China trade war, the industry’s trade body has said.... read more

Hunter Boot secures GBP18.5m funding for future growth

2 June 2020 | Michelle Russell

Global footwear and outdoor lifestyle brand Hunter Boot Ltd has secured GBP18.5m (US$23.2m) in funding to help it withstand the economic pressures of the Covid-19 crisis, and to support future growth.... read more

Aldo UK placed into administration

1 June 2020 | Michelle Russell

The UK arm of footwear retailer Aldo has been placed into administration as a result of the Covid-19 pandemic and historic profitability challenges.... read more

Clarks to cut 900 jobs under new strategy

21 May 2020 | Michelle Russell

UK footwear firm Clarks has outlined a new strategy that will see the brand make 900 job cuts globally, and introduce digital enhancements as well as a focus on sustainability and product innovation.... read more

Aldo Group prepares to exit Ireland amid Covid-19 pressures

20 May 2020 | Michelle Russell

Canada-based footwear retailer and distributor Aldo Group has begun proceedings to appoint a liquidator for its Ireland business due to the impact of the coronavirus pandemic.... 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

Johnsons Shoes Company calls in administrators

18 May 2020 | Michelle Russell

UK footwear firm Johnsons Shoes Company has become the latest to appoint administrators as the coronavirus (Covid-19) pandemic weighs on the retail sector.... read more

India's footwear industry lost orders worth $1bn

15 May 2020 | Michelle Russell

India’s footwear industry is understood to have lost export orders worth around US$1bn due to the coronavirus (Covid-19) pandemic. ... read more

Aldo Group applies for creditor protection to restructure

12 May 2020 | Michelle Russell

Canada-based footwear retailer and distributor Aldo Group has filed for creditor protection in order to restructure its business.... read more

Clarks hires advisors for potential restructuring?

7 May 2020 | Michelle Russell

UK footwear group C&J Clark International, which trades as Clarks, is understood to have appointed three accountancy firms to look at a potential restructuring of the business.... 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

Covid-19 an opportunity to "reset and reshape" the fashion industry

9 April 2020 | Michelle Russell

The coronavirus (Covid-19) pandemic will provide the global fashion industry with an opportunity to "reset and reshape", a new report says, with digital acceleration, discounting, consolidation and innovation all expected to feature.... read more

US consumers focus e-commerce spend on clothing

7 April 2020 | Michelle Russell

New online consumer spending data suggests that far from curtailing their clothing purchases during the coronavirus outbreak, US consumers are focusing their e-commerce shopping on apparel, footwear and accessories.... read more