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Oxford Industries Inc

Fruit of the Loom

Fruit of the Loom launches 'Fruitful Futures' sustainability plan

2 October 2020 | Beth Wright

Apparel, intimates and athletic clothing maker Fruit of the Loom has outlined a new global sustainability plan to reduce the environmental impact of its global supply chain, with goals including sourcing 100% of its cotton sustainably by 2025 and using 30% recycled polyester by 2030.... read more


US Q1 in brief – VF Corp, J.Jill, Francesca's

31 July 2020 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. VF Corp has reported a net loss of US$285.6m, while Francesca's has seen a 50% drop in net sales. Elsewhere, Macy's, Inc said its net loss totalled $3.58bn and PVH Corp has posted an "unprecedented" decline in revenue and earnings.... read more


Fashion industry efforts to address global PPE shortages – Update

27 July 2020 | just-style

Texollini, Chargeurs*PCC Fashion Technologies, and Crystal International are among the latest fashion firms to mobilise their production facilities and supply chains to help address the global shortage of personal protective equipment (PPE), including face masks and hospital gowns, amid the coronavirus (Covid-19) pandemic. ... read more


Retailers begin to outline store reopening plans – Update

16 June 2020 | just-style

Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.... read more


US Q4 in brief – Boot Barn Holdings, VF Corp, PVH Corp

21 May 2020 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has posted a fall in both earnings and revenue, while VF Corp and PVH Corp have both reported a net loss. Elsewhere, Oxford Industries has booked its twelfth consecutive quarter of positive comparable sales, while G-III Apparel Group saw profit rise but revenue fall.  ... read more


Global retail closures as coronavirus spreads – Update

15 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


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


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


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


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


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


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


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


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding

22 September 2017 | just-style

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.... read more


Fruit of the Loom joins The Sustainability Consortium

18 July 2017 | Beth Wright

Athletic apparel and intimates manufacturer Fruit of the Loom has joined The Sustainability Consortium (TSC) as part of its commitment to help improve the environmental, social and economic performance of the textile value chain.... read more


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity

15 May 2017 | Michelle Russell and Beth Wright

In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. ... read more


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears

9 December 2016 | Michelle Russell and Beth Wright

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.... read more


Fruit of the Loom names Burgess-Taylor CEO

2 December 2016 | Beth Wright

Melissa Burgess-Taylor has been named chairman and CEO of apparel maker Fruit of the Loom following the sudden and unexpected passing of Rick Medlin earlier this week.... read more


Fruit of the Loom CEO Medlin dies suddenly

28 November 2016 | Leonie Barrie

Rick Medlin, president and CEO of apparel maker Fruit of the Loom Inc, passed away suddenly at the weekend, after suffering what was thought to be a heart attack.... read more


Fruit Of The Loom awarded for CSR efforts in Honduras

31 October 2016 | Leonie Barrie

Apparel manufacturer Fruit of the Loom has been recognised for its corporate social responsibility efforts in Central America for the eighth year in a row.... read more


US Q2 in brief - The Finish Line, Cherokee, Zumiez, Vince Holding, Tailored Brands

9 September 2016 | Michelle Russell and Beth Wright

In the most recent second-quarter filings from US apparel and footwear brands and retailers, Tailored Brands showed improvement on Q1 but saw earnings slide, while DSW booked mixed results. Abercrombie & Fitch widened its net losses but remained optimistic, while Destination Maternity revealed improved losses. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. ... read more


Oxford Industries buys Southern Tide for $85m

22 April 2016 | Katie Smith

US clothing business Oxford Industries is expanding its portfolio by acquiring lifestyle apparel brand Southern Tide in a deal worth US$85m. ... read more


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity

15 April 2016 | Michelle Russell

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. ... read more


Fruit of the Loom awarded Wal-Mart supplier of year

2 March 2016 | Michelle Russell

Apparel manufacturer Fruit of the Loom has received two awards from retail giant Wal-Mart, including omni-channel supplier of the year. ... read more


US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse

7 January 2016 | Michelle Russell and Katie Smith

In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. ... read more


Tommy Bahama president and COO to head up brand

7 October 2015 | Katie Smith

Tommy Bahama president and COO Douglas Wood is to take the helm at the Oxford Industries-owned lifestyle brand following the retirement of CEO Terry Pillow. ... read more


US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree

25 September 2015 | Michelle Russell and Beth Wright

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. ... read more


Oxford Industries completes Ben Sherman sale

21 July 2015 | Katie Smith

US apparel business Oxford Industries has completed the sale of its Ben Sherman men's wear brand to Marquee Brands for US$63.7m.... read more


US Q1 in brief: Finish Line, Cherokee, Destination Maternity

26 June 2015 | Michelle Russell and Katie Smith

First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings. ... read more


Deal close for Fruit of the Loom lingerie business

24 June 2015 | Stuart Todd

French investment firm Perceva has confirmed that it has entered into exclusive negotiations with US apparel manufacturer, Fruit of the Loom, for the acquisition of its loss-making European lingerie business,Vanity Fair Brands Europe (VFBE).... read more


Oxford Industries to sell Ben Sherman amid Q4 growth

27 March 2015 | Katie Smith

After making “great progress” in 2014, US apparel business Oxford Industries is to pursue the sale of its Ben Sherman brand, saying it's the “right course of action”.... read more


Apparel firms call for passage of tariff bill

30 January 2015 | Katie Smith

US textile and apparel manufacturing companies are calling on Congress to pass the Miscellaneous Tariff Bill (MTB), which they say would eliminate or reduce import duties on products not available in the US.... read more


Oxford Industries moves to Q3 loss

11 December 2014 | Michelle Russell

Oxford Industries, the owner of the Tommy Bahama brand, has moved to a loss in its third-quarter but offered a positive outlook for the remainder of the year despite the "difficult environment".... read more


Fruit of the Loom forms yarn partnership with Parkdale

31 October 2014 | Leonie Barrie

Fruit of the Loom has agreed a deal with Parkdale America that will see it sell its US yarn spinning operations to the company which will then provide new state-of-the-art cotton and cotton blended yarns for its underwear and casualwear products.... read more


Alliance and Accord urged to harmonise efforts in Bangladesh

19 September 2014 | Leonie Barrie

A review of the work carried out so far by the Alliance for Bangladesh Worker Safety says the group has made "significant and laudable progress" over the past 12 months - but pulls no punches when it comes to the many challenges that still lie ahead.... read more


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