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US Q3 in brief –Boot Barn Holdings, VF Corp, Genesco

5 February 2020 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered an increase in both profit and revenue with the company "well-positioned" to deliver a solid finish to fiscal 2020, Stage Stores has narrowed its net loss, and American Eagle Outfitters has booked record sales. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. ... read more


Record Black Friday drives better than expected Asos sales

23 January 2020 | Beth Wright

Asos has reported an "encouraging" start to its new financial year as a record Black Friday weekend helped drive a better than expected sales performance with double-digit retail revenue growth.... read more


Asos harnesses augmented reality for fit tool trial

15 January 2020 | Beth Wright

Asos has become the first retailer in Europe to trial a new Augmented Reality (AR) tool that offers consumers a simulated view of a garment in different sizes and on different body types to help drive more informed purchases.... read more


US Q2 in brief – Boot Barn Holdings, VF Corp, Stage Stores

1 November 2019 | just-style

In the latest second-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered what CEO Jim Conroy called an "outstanding" second-quarter, VF Corp has reaffirmed its full-year outlook, and Oxford Industries has posted its tenth consecutive quarter of consolidated comparable sales growth. Elsewhere, Genesco moved to a profit, while G-III Apparel Group has revised its full-year guidance in the wake of Trump's latest tariff hike. ... read more


Has Asos taken on too much? What the analysts say

16 October 2019 | Beth Wright

UK online fashion retailer Asos has blamed warehouse issues in the US and EU, along with restructuring costs and slowing international sales for a 68% drop in pre-tax profit to GBP33.1m. The news, analysts say, proves the company has taken on too much with its "overambitious" plans. ... read more


Asos FY profits tumble amid "disruptive" year

16 October 2019 | Beth Wright

Shares in Asos surged by more than 17% this morning (16 October) as the UK-based online fashion retailer reported a "disappointing" full-year performance marred by warehouse automation and restructuring issues.... read more


Apparel brands join forces to tackle global packaging supply chain

3 October 2019 | Beth Wright

Apparel industry heavyweights H&M, VF Corp, Kontoor Brands and Asos are among ten companies that have committed to a new initiative launched by environmental not-for-profit Canopy to transform the impacts of the global packaging supply chain on forests.... read more


Asos seeks supplier discount to offset investment costs

21 August 2019 | Hannah Abdulla

UK fashion e-tailer Asos has requested a cut in prices from suppliers to help offset ongoing investments in the business to drive sales and growth.... read more


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands

1 August 2019 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. ... read more


Asos shares tumble on FY profit warning

18 July 2019 | Beth Wright

Shares in Asos remained down by more than 17% this afternoon (18 July) as the UK-based online fashion retailer reduced its full-year sales and profit expectations.... read more


Asos adds responsible filter for eco-friendly items

24 June 2019 | Beth Wright

UK online fashion retailer Asos has unveiled two new features to highlight the environmentally conscious clothing sold on its site and offer customers a way to identify those brands and products more easily.... read more


Asos uses augmented reality to launch virtual catwalk

14 June 2019 | Beth Wright

UK online fashion retailer Asos has launched its first augmented reality (AR) experience - ‘Virtual Catwalk’. ... read more


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity

23 May 2019 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.... read more


Asos optimistic despite H1 profit plunge

10 April 2019 | Beth Wright

Despite booking what it calls a "disappointing" first-half performance, UK online fashion retailer Asos has posted a double-digit jump in revenues in the period – and continues to far outperform its competitors, according to one analyst.... read more


Asos shares tumble as H1 growth slows

19 March 2019 | Beth Wright

Shares in Asos remained down by more than 8% this afternoon (19 March) as sales growth slowed at the UK-based online fashion retailer in the first half. ... read more


US Q3 in brief – Boot Barn Holdings, VF Corp

6 February 2019 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca's Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a "strong earnings performance", and Abercrombie booked its fifth consecutive quarter of positive comparable sales.... read more


Asos and PVH join Global Fashion Agenda

14 January 2019 | Beth Wright

UK-based online fashion retailer Asos and apparel giant PVH Corp have become the latest strategic partners to join the non-profit Global Fashion Agenda, which is working to refocus industry efforts on sustainability in the global fashion system.... read more


New Asos lingerie made from recycled plastic bottles

20 December 2018 | Beth Wright

UK-based online fashion retailer Asos has revealed a new lingerie line made from recycled plastic bottles and fishing nets.... read more


UK fast-fashion retailers asked to justify their low prices

6 December 2018 | Hannah Abdulla

Making the sums add up on ultra-cheap fast fashion was one of the lines of questioning pursued during a parliamentary hearing last week, with British lawmakers asking retailers how they can justify selling dresses and T-shirts for just a couple of pounds.... read more


Asos harnesses machine learning to tackle fit

20 November 2018 | Beth Wright

UK-based online fashion retailer Asos has launched a new Fit Assistant tool which uses machine learning to provide sizing recommendations for customers based on previous purchases and returns.... read more


Asos among new ZDHC affiliates

14 November 2018 | Beth Wright

UK-based online fashion retailer Asos is among seven new companies and associates to have committed to the Zero Discharge of Hazardous Chemicals (ZDHC) group.... read more


US Q2 in brief – Boot Barn Holdings, VF Corp, Sears

26 October 2018 | just-style

In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.... read more


Asos bags FY sales and profit hike

17 October 2018 | Beth Wright

Shares in Asos surged by more than 14% this morning (17 October) as the UK-based online fashion retailer posted a GBP500m rise in revenue and a 28% pre-tax profit hike for 2018. ... read more


Asos launches voice shopping with Google Assistant

11 October 2018 | Beth Wright

UK online fashion retailer Asos has today (11 October) become one of the first fashion retailers in the UK to launch on Google Assistant, meaning customers can discover the latest of the company's products across popular categories using just their voice.... read more


Union campaign for Asos workers steps up at UK facility

5 October 2018 | Michelle Russell

GMB, the union for Asos workers, is to step up campaigning activity outside the company’s Barnsley warehouse today (5 October) after the conclusion of a long-running complaint found in its favour.... read more


Fashion brands reaffirm Europe GFA commitment

4 October 2018 | Michelle Russell

Inditex, H&M and Asos have committed to continuing their work on building collective bargaining for garment and footwear workers in Southeast Europe as part of the global framework agreement (GFA).... read more


Asos hosts ethical trade and sustainability summit

26 September 2018 | Beth Wright

Senior representatives from Asos third-party brands including Levis, Adidas, Nike, and PVH are set to attend a conference hosted by the UK online fashion retailer today (26 September), to discuss key issues facing the fashion industry including worker rights, purchasing practices, and transparency.... read more


Asos fabric waste helping young women in Kenya

28 August 2018 | Michelle Russell

UK online fashion retailer Asos is continuing its sustainability and ethical work with a new initiative that uses off-cuts from its fabric to produce sanitary towels for young women and girls in Kenya.... read more


US Q1 in brief – Destination Maternity, Tailored Brands, Boot Barn

8 August 2018 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.... read more


Asos blames infrastructure investment for sales slowdown

12 July 2018 | Michelle Russell

Asos has blamed investment in a number of key infrastructure projects in the US and Europe for a slowdown in sales in its last quarter as the online fashion retailer lowered its guidance for the full year.... read more


Asos pilots circular fashion training scheme

27 June 2018 | Michelle Russell

Online fashion retailer Asos is piloting a training programme on circular fashion for its designers, in partnership with London College of Fashion’s Centre for Sustainable Fashion (CSF).... read more


US Q4 in brief – Boot Barn Holdings, Destination Maternity

18 May 2018 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Destination Maternity narrowed its net loss, Sears was boosted by the new US tax law, Caleres returned to profit, Dick's Sporting Goods achieved growth across key businesses, and Urban Outfitters produced record fourth-quarter sales.... read more


Asos to share slavery risks in key sourcing regions

27 March 2018 | Beth Wright

Asos is to share modern slavery risks in key sourcing regions at a meeting in London today (27 March) and seek a commitment from third-party brands to increase transparency and build capability to tackle modern slavery in the global supply chain.... read more


Asos CFO Ashton to step down

2 March 2018 | Beth Wright

Helen Ashton, chief financial officer of UK-based online fashion retailer Asos, is to leave the company.... read more


Asos hosts modern slavery event in Mauritius

22 February 2018 | Beth Wright

UK-based online fashion retailer Asos has partnered with the British High Commission to host an event in Mauritius today (22 February) to discuss ways of tackling modern slavery in the global supply chain.... read more


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