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Global retail closures as coronavirus spreads – Update

27 March 2020 | Beth Wright

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. ... read more


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


Hoka One One helps Deckers Brands reach record Q3

31 January 2020 | Beth Wright

US footwear group Deckers Brands has again upped its guidance for fiscal year 2020 amid record net sales in the third quarter, driven by a 63.6% surge in revenue at its Hoka One One brand.... read more


Guess five-year plan sees changes to China sourcing

4 December 2019 | Leonie Barrie & Beth Wright

US fashion retailer Guess Inc has set out a strategic five-year plan designed to grow the business and boost profitability as it eyes an additional US$250m in sales by fiscal 2025 – with operating margin gains helped by vendor consolidation and a move away from China sourcing.... 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


Deckers Brands ups FY guidance as Q2 sales rise 8%

25 October 2019 | Beth Wright

US apparel and footwear group Deckers Brands has again raised its guidance for fiscal year 2020 to reflect surging sales at its Hoka One One brand.... read more


Guess "on track" for circular fashion commitment

11 September 2019 | Beth Wright

US fashion retailer Guess has highlighted progress towards its sustainability goals over the course of the last two years, with achievements including increasing supplier training and worker welfare programmes in a bid to develop and protect workers in its supply chain.... 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


Deckers Brands FY sales pass $2bn milestone

24 May 2019 | Beth Wright

US apparel and footwear group Deckers Brands passed the US$2bn revenue mark for the first time in fiscal 2019, thanks in part to surging sales of its Hoka One One running shoes brand.... 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


Guess launches green apparel collection with Candiani Denim

26 March 2019 | Beth Wright

Fashion retailer Guess Inc has partnered with fabric producer Candiani Denim to develop a new capsule collection for men and women made with environmentally conscious materials and manufacturing processes. ... 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


Guess fined US$46m for blocking EU cross-border sales

21 December 2018 | Hannah Abdulla

US based clothing company Guess Inc has been fined EUR40m (US$46m) by the European Commission for restrictive distribution agreements that prevented EU consumers from shopping in other member states – thereby violating EU competition rules.... read more


Deckers Brands ups FY guidance on better than expected Q3

26 October 2018 | Beth Wright

US apparel and footwear group Deckers Brands has upped its guidance for the full year on the back of better than expected sales and earnings per share in the second quarter.... 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


Guess expands garment recycling programme

24 October 2018 | Beth Wright

Fashion retailer Guess Inc has expanded its wardrobe recycling programme with I:Collect nationwide and revealed plans to roll the scheme out globally by 2020.... 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


Deckers Brands sees "solid start" to fiscal 2019

27 July 2018 | Beth Wright

US apparel and footwear group Deckers Brands narrowed its net loss in the first quarter, getting fiscal 2019 off to what CEO Dave Powers hailed a "solid start" with a record sales high for the quarter.... read more


Guess targets Chinese consumers with Alipay partnership

26 July 2018 | Beth Wright

Fashion retailer Guess Inc is strengthening its appeal to Chinese consumers, having partnered with Alipay, the world’s leading digital payment platform.... read more


Guess and Alibaba bring Artificial Intelligence to fashion

10 July 2018 | Beth Wright

Fashion retailer Guess Inc has strengthened its collaboration with Alibaba, becoming a global strategic partner of the Chinese online retail giant’s FashionAI project, which is designed to give shoppers a glimpse of what the future of fashion retail will look like powered by Artificial Intelligence (AI).... read more


Guess launches wardrobe recycling programme

19 June 2018 | Beth Wright

Fashion retailer Guess Inc has partnered with I:Collect, a global solutions provider and innovator for the collection, certified sorting, reuse and recycling of used apparel and footwear, to develop a wardrobe recycling programme.... read more


Deckers Brands ends fiscal 2018 on "high note"

25 May 2018 | Beth Wright

US apparel and footwear group Deckers Brands moved to a profit in the fourth quarter, closing fiscal 2018 on what CEO Dave Powers hailed a "high note", as the firm enters fiscal 2019 with optimism.... 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


Guess makes forest-friendly sourcing pledge

8 March 2018 | Beth Wright

Fashion retailer Guess Inc has committed to trace the sources of regenerated cellulosic fibres, such as viscose and rayon, used in its own clothing lines.... read more


US Q3 in brief – Deckers Brands, Boot Barn Holdings

6 February 2018 | just-style

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.... read more


Deckers Brands "well-positioned" as Q1 loss narrows

28 July 2017 | Beth Wright

US apparel and footwear group Deckers Brands – which reportedly received a sale ultimatum earlier this month – narrowed its net loss in the first quarter, and said its ongoing savings plan has it well-positioned to achieve its fiscal 2018 and longer-term targets.... read more


Deckers receives sale ultimatum?

4 July 2017 | Beth Wright

US apparel and footwear group Deckers Brands, the maker of Ugg footwear, must sell itself at an "attractive valuation" or face a replacement of its entire board, active investors are saying.... read more


Deckers optimistic as Q4 loss narrows

26 May 2017 | Beth Wright

US apparel and footwear group Deckers Brands – which last month said it was exploring strategic alternatives, including a potential sale of the firm – narrowed its net loss in the fourth quarter, and said an ongoing savings plan is expected to drive $100m in operating profit improvement by fiscal 2020.... read more


Deckers mulls sale amid Q3 profit tumble

26 April 2017 | Beth Wright

US apparel and footwear group Deckers Brands, the maker of Ugg footwear, has revealed it is exploring "strategic alternatives", including a potential sale of the firm, on the back of a disappointing third-quarter, which saw profit drop by nearly three-quarters.... read more


Deckers Q3 profit tumbles as Ugg sales slide

3 February 2017 | Beth Wright

US apparel and footwear group Deckers Brands, the maker of Ugg footwear, has lowered its guidance for the full year amid disappointing third-quarter results that saw profit drop by nearly three-quarters. ... read more


Guess four-point plan to drive profit in Americas

1 December 2016 | Beth Wright

US fashion retailer Guess Inc has narrowed it outlook for the full year, and devised a four point plan to "drive value" for the business in the Americas that will see it continue to implement supply chain initiatives and potentially close unprofitable stores. ... read more


Deckers "pleased" with Q2 as profit rises 8%

28 October 2016 | Beth Wright

US apparel and footwear group Deckers Brands said it is pleased with its second-quarter results, after booking an 8% rise in profit despite a slight drop in sales.... read more


Deckers Brands joins United Nations sustainability initiative

10 October 2016 | Beth Wright

US apparel and footwear group Deckers Brands has revealed it has officially joined the United Nations Global Compact (UNGC), the world’s largest voluntary corporate citizenship initiative.... read more


Growing commitment to Responsible Wool Standard

29 September 2016 | Beth Wright

Textile Exchange has revealed more brands and suppliers are pledging their commitment to the Responsible Wool Standard (RWS), taking the total number of brands on board to 15.... read more


Target and JC Penney accused in Deckers' Ugg lawsuit

22 September 2016 | Beth Wright

US apparel and footwear group Deckers Brands has filed six lawsuits against retailers and brand owners, including US retail giants Target Corp and  JC Penney, accusing them of trademark and/or design patent infringement of its Ugg boot brand. ... read more


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