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New Look halts supplier payments and new orders

6 April 2020 | Hannah Abdulla

New Look has suspended payments to its suppliers indefinitely as it works to navigate the Covid-19 crisis.... read more


Global retail closures as coronavirus spreads – Update

6 April 2020 | just-style

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


Speed-to-market and cost control boosts New Look Q3

11 February 2020 | Michelle Russell

Improved speed-to-market, fewer promotions and cost control helped UK fashion retailer New Look narrow its losses in the third quarter, but ongoing consumer uncertainty and seasonal volatility hit revenues.... 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


New Look taps former Bonmarché boss

10 January 2020 | Beth Wright

Former Bonmarché boss Helen Connolly is to join New Look as chief commercial officer where she will work with CEO Nigel Oddy to enhance the UK fashion retailer's product offer and sourcing strategies.... read more


New Look promotes Nigel Oddy to CEO

13 December 2019 | Beth Wright

UK fashion retailer New Look has promoted Nigel Oddy to CEO, seven months after he joined the business as chief operating officer.... read more


Brands still failing to deliver on responsible viscose sourcing

20 November 2019 | Michelle Russell

A new report has found that while the issue of responsible viscose production is now firmly on the agenda of the fashion industry, there are still brands and retailers failing to deliver on responsible sourcing.... read more


New Look narrows H1 loss but sales continue to fall

12 November 2019 | Beth Wright

New Look narrowed its losses in the first half of the year but like-for-like sales continued to decline, with the retailer blaming the fall on ongoing consumer uncertainty and seasonal volatility.... 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


New Look narrows Q1 loss but sales slide

11 September 2019 | Beth Wright

New Look remains confident in its turnaround strategy after the UK fashion retailer narrowed its loss in the first quarter, despite sales continuing to fall. ... read more


New Look registers ranges with the Vegan Trademark

21 August 2019 | Beth Wright

UK fashion retailer New Look has become the first high-street fashion retailer to register ranges with The Vegan Society's Vegan Trademark, amid a commitment to change its components and reduce reliance on animal-derived ingredients.... read more


New Look returns to FY profit but sales slide

25 June 2019 | Beth Wright

The turnaround strategy at New Look appears to be paying off after the UK fashion retailer returned to underlying profitability in its last full year, yet the company admits there is still more work to do. ... read more


New Look founder Tom Singh to retire

7 June 2019 | Beth Wright

New Look has announced its founder, Tom Singh, is to retire following the reduction of its debt burden by about GBP1bn (US$1.31bn).... 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


New Look financial restructuring cuts debt by GBP1bn

7 May 2019 | Beth Wright

UK fashion retailer New Look has hailed a "significant milestone" in its turnaround process, having reduced its debt burden by about GBP1bn (US$1.31bn).... read more


New Look to make menswear online-only category

9 April 2019 | Beth Wright

UK fast fashion retailer New Look has confirmed it is to stop selling menswear in its stores in the UK and Ireland and will instead make the range solely available on third-party online platforms such as Asos and Zalando.... read more


Retailer New Look to wind down Poland operations

19 March 2019 | Beth Wright

New Look has announced its Poland division has filed for insolvency, just two months after the UK fast fashion retailer wound up its operations in Belgium. ... read more


The price of US imports from China continues to fall

19 March 2019 | Leonie Barrie

Despite concerns about sourcing from China amid an intensifying trade war with the US, newly-published figures show China continues to dominate US apparel imports – with import volume rising and prices continuing to fall again last year.... read more


Outlook for UK retailers looks bleak

11 March 2019 | Hannah Abdulla

The outlook for UK retailers continues to look bleak. UK department store John Lewis blamed a "challenging" retail backdrop for a more than 45% drop in full-year profits to GBP160m. It was a similar story for rival Debenhams, which issued a warning on full-year profits based on poor sales performance. In an update, the retailer said for the 18 weeks to 5 January, gross transaction value fell 5.6% and like-for-like sales were down 5.7%. ... read more


New Look eyes investment for French store estate

5 March 2019 | Beth Wright

New Look has launched a process to seek new investors for its stores in France as the UK fast fashion retailer continues to review its performance in international markets.... read more


How Levi Strauss is driving sustainable change

4 March 2019 | Beth Wright

The denim and jeans sector is having to work tirelessly to change perceptions over its sustainability, or lack of it. But change is nigh, promises Michael Kobori, vice president of social and environmental sustainability at Levi Strauss & Co. The company recently expanded its Partnership for Cleaner Textiles (PaCT) programme to four countries in Asia and is now engaging in one of its most ambitious plans to date, with a target to cut carbon emissions across its supply chain by 40% by 2025. "At this point, that is the most aggressive target in the industry, we believe, in terms of both the magnitude and the timeframe," Kobori tells just-style.... read more


British MPs call for laws to tackle fast fashion

25 February 2019 | Hannah Abdulla

The UK government is being urged to introduce legislation that requires fashion brands and retailers to perform due diligence checks across their supply chains and take more responsibility for the environmental impact of their businesses. ... read more


Cambodia facing trade benefits suspension

18 February 2019 | Beth Wright

The European Union has officially started the process that could lead to the temporary suspension of Cambodia's preferential access to the EU market under the Everything But Arms (EBA) trade scheme. The move follows a warning toCambodia in Octoberthat without clear and demonstrable improvements to its human rights situation there would be asuspension of trade preferences. Not surprisingly, the news has disappointedthe Garment Manufacturers Association in Cambodia (GMAC), which sayssuch a movewould jeopardise the country's efforts to build a responsible apparel supply chain.... read more


New Look moves to Q3 profit but more work still required

13 February 2019 | Beth Wright

UK fashion retailer New Look says it continues to make good progress on its turnaround plan, with a return to broad appeal product, improved supply chain lead-times, and cost reductions giving a much-needed boost to third-quarter profit.... read more


US imports hit by earlier stockpiling efforts

11 February 2019 | Hannah Abdulla

Latest figures have revealed a fall in US apparel import volumes from nine of the top ten supplier countries in November. China, its biggest apparel supplier, booked flat growth. The picture was hugely different from the previous month where all ten showed positive growth for imports into the US, suggesting retailers were stockpiling earlier to get ahead of the holiday period, as well as bringing in spring merchandise, in a bid to beat a potential increase in tariffs on goods from China.... read more


Hemp apparel – hype or opportunity?

4 February 2019 | Leonie Barrie

With products derived from hemp making their presence felt in a range of industries, from food and drinks to medicines, we've looked at potential applications in clothing – and issues for the supply chain.... read more


TexOps restructure and the quest to get ahead

28 January 2019 | Beth Wright

Salvadoran sportswear maquila TexOps is navigating a painful restructuring, with owner David Ha putting the brakes on expansion. "We are going back to basics,” the Korean entrepreneur tells just-style in an exclusive interview, revealing how the firm is strategising ahead to get ready for what is coming. This, he says, includes an increase in US labels shifting sourcing south of the border as Trump's trade war with China escalates.... read more


Brexit deal rejection worries apparel industry

21 January 2019 | Hannah Abdulla

Last week's rejection of Theresa May's proposed UK-EU Brexit deal by MPs saw chatter spike among industry execs who say a No-Deal Brexit could be problematic for the sector given its heavy reliance on overseas talent ... read more


New Look to wind down Belgium operations

18 January 2019 | Beth Wright

The Belgium division of New Look has filed for insolvency as the UK fast fashion retailer continues to review its performance in international markets.... read more


US trade updates out of date

15 January 2019 | Leonie Barrie

Apparel and textile industry executives are among those being deprived of key trade and economic data amid the ongoing US government shutdown – at a time when trade tensions between the US and China mean that having access to the most up-to-date statistics is more important than ever.... read more


New Look reveals plan to slash debt by GBP1bn

14 January 2019 | Beth Wright

UK fashion retailer New Look has reached a "critical step" in its turnaround plans after reaching an agreement in principle with its key financial stakeholders to cut its debt by GBP1bn (US$1.3bn) and raise GBP150m in new capital to boost the business.... read more


2019 off to a positive start

7 January 2019 | Leonie Barrie

Getting 2019 off to a positive start, it seems US apparel retailers saw some holiday cheer, with strong sales momentum that started during the back-to-school season carrying on to Christmas.... read more


UN sets new Fashion Industry Charter for Climate Action

18 December 2018 | Leonie Barrie

43 leading fashion brands, retailers and suppliers – including Adidas, Burberry, Gap Inc, H&M Group, Inditex, Kering, Levi Strauss & Co, and PVH Corp – are backing the UN’s new Fashion Industry Charter for Climate Action with an initial goal of reducing aggregate greenhouse gas emissions by 30% by 2030.... read more


Decathlon's decade-long eco-labelling project

12 December 2018 | Leonie Barrie

Global sporting goods giant Decathlon is nearing the finishing line on a decade-long project that will see all textile and footwear items labelled with their environmental impact by the end of next year. The data is also enabling more eco-friendly design – and will be made freely available to other companies. The retailer has spoken exclusively to just-style about the initiative.... read more


Regional supply chains shape up

26 November 2018 | Leonie Barrie

Regional patterns in world textile and apparel trade are becoming increasingly important, according to an analysis using data from the re:source by just-style sourcing tool. The trend reflects both the changing dynamics of the global economy and the shifting sourcing strategies of fashion brands and retailers.... read more


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