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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


Lenzing FY profit falls as firm writes off US engineering costs

28 January 2020 | Beth Wright

Austrian cellulosic fibre producer Lenzing has reported a drop in its preliminary 2019 figures with both earnings and revenue affected by lower selling prices for standard viscose and the write-off of engineering costs related to its mothballed US lyocell expansion project.... read more


US holiday sales in brief – Target Corp, Zumiez, Urban Outfitters

16 January 2020 | just-style

It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as Target's holiday sales failed to meet company expectations but Urban Outfitters reported record results. Elsewhere, L Brands has lowered its fourth-quarter earnings guidance and Kohl's is now expecting fiscal 2019 diluted earnings per share to be at the low end of its guidance range.... read more


Lenzing to open world’s largest wood pulp plant in Brazil

2 January 2020 | Michelle Russell

Austrian cellulosic fibre producer Lenzing is investing in the construction of the world's largest wood pulp plant in Brazil in a move aimed at growing the company's speciality fibre business and strengthening its market position.... read more


Lenzing makes Tencel with post-consumer cotton waste

4 December 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing has used its Refibra technology to produce its first scaled production of virgin Tencel lyocell fibres using post-consumer cotton waste as part of the recycled raw material proportion.... 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


Lenzing begins work on largest lyocell fibre plant

19 November 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing has begun construction work on what it claims will be the largest lyocell facility in the world and one that brings its production to Asia for the first time.... read more


Low viscose prices weigh on Lenzing nine-month results

8 November 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing has reported a decline in both revenue and earnings in the first three-quarters of 2019 as historically low standard viscose prices took a toll.... 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


DuPont and Lenzing collaborate on natural fabrics

21 October 2019 | Michelle Russell

DuPont Biomaterials and Austrian cellulosic fibre producer Lenzing have collaborated to launch a fabric collection made predominantly of fibres derived from natural materials.... read more


Lenzing partners on Tree Climate outdoor fabrics

18 October 2019 | Michelle Russell

Austrian cellulosic fibre producer Lenzing Group has teamed up with the founder of Concept III Textiles in the UK to create what is said to be the first major collection of outdoor performance fabrics to feature these fibres.... read more


New JC Penney head of planning, allocation and pricing

16 October 2019 | Michelle Russell

US department store retailer JC Penney has appointed former Macy’s executive Laurie Wilson as senior vice president of planning, allocation and pricing.... read more


Lenzing invests EUR40m to improve ecological footprint

16 October 2019 | Michelle Russell

Austrian cellulosic fibre producer Lenzing Group has committed EUR40m (US$44m) to the construction of a new air purification and sulfur recovery plant, as well as further improvement of the exhaust emission values at the site.... read more


Lenzing Tencel fibres use more recycled raw material

15 October 2019 | Michelle Russell

Lenzing Group’s Tencel Lyocell fibres with Refibra technology can now feature up to 30% pulp made from upcycled cotton scraps collected from the garment manufacturing process.... read more


Lenzing pilots fibre traceability using blockchain

6 September 2019 | Beth Wright

Lenzing Group has pioneered a pilot project with Hong Kong based brand Chicks that uses blockchain technology to trace its Tencel branded fibres although the way through the supply chain to retail.... read more


Lenzing fibres certified for full biodegradability

5 September 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing Group has received certification that its fibres have been certified for full biodegradability in freshwater by the independent research laboratory Organic Waste Systems (OWS). ... read more


JC Penney warned on potential NYSE delisting

9 August 2019 | Beth Wright

JC Penney has been warned of a potential delisting from the New York Stock Exchange (NYSE) after shares in the US department store retailer traded below US$1 for a period of 30 days.... read more


Lenzing fashions more agile and responsive supply chain

8 August 2019 | Hannah Abdulla

Austrian cellulosic fibre producer Lenzing Group has employed sales and operations planning software across its business to help create a more agile and responsive supply chain that minimises waste and inefficiencies.... read more


Lenzing confirms FY view despite "challenging" market

7 August 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing has hailed a slight increase in revenue in the first half of 2019 and confirmed its outlook for the full year despite what it calls a "significantly more challenging" market environment with historically low prices for standard viscose.... 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


JC Penney new hire to bolster stores and omnichannel

31 July 2019 | Beth Wright

US retail giant JC Penney has announced more leadership changes, bringing James DePaul on board as executive vice president of stores while Mike Robbins, executive vice president of stores and supply chain, leaves the company.... read more


JC Penney denies debt restructuring claims

22 July 2019 | Beth Wright

US retail giant JC Penney has responded to reports the company has hired advisers to explore debt restructuring options, noting it has a "strong liquidity position" and is not preparing for a restructuring or bankruptcy.... read more


Lenzing to invest EUR1bn in lyocell fibre production

4 July 2019 | Beth Wright

To help meet strong demand for its specialty fibres, Austrian cellulosic fibre producer Lenzing Group is to build what it claims will be the world's largest lyocell fibre plant in Thailand.... read more


Lenzing sets net-zero CO2 emissions target by 2050

25 June 2019 | Beth Wright

Lenzing Group has pledged to invest EUR100m (US$113.8m) over the coming years to reduce carbon emissions both inside its operations and in its supply chain as it aims to become the world's first carbon neutral fibre producer.... read more


JCPenney names Ejarque Lopez as GMM women’s apparel

4 June 2019 | Leonie Barrie

US department store retailer JCPenney Company has today (4 June) named Victor Ejarque Lopez as its senior vice president, general merchandise manager for women’s apparel.... read more


Covestro, Lenzing partner on sustainable PU synthetics

28 May 2019 | Beth Wright

Polymer company Covestro has partnered with Austrian cellulosic fibre producer Lenzing Group to develop environmentally-compatible polyurethane (PU) synthetics for the footwear industry. ... 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


JC Penney looks to new chief customer officer to revitalise brand

21 May 2019 | Hannah Abdulla

US retail giant JC Penney has announced another C-suite appointment, bringing Shawn Gensch on board as executive vice president, chief customer officer, to revitalise the brand and drive customer-centric strategies to grow store traffic.... read more


Lenzing to trace fibres with blockchain technology

20 May 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing Group has announced it will use blockchain technology to support its Tencel branded fibre business in a move it says will ensure complete transparency and traceability throughout the supply chain to the finished garment.... read more


Lenzing shares progress on sustainability targets

25 April 2019 | Beth Wright

Austrian cellulosic fibre producer Lenzing Group says it is on track with all of its committed sustainability targets and reaffirmed its pledge to invest more than EUR100m (US$111.5m) in sustainable production technology by 2022.... read more


Supply chain transparency for sustainable fashion

4 April 2019 | Guest author

Consumers are becoming increasingly vigilant about the clothing they wear each day, seeking out more sustainable options, as well as information on supply chains, production processes and product afterlife. Which is why there's an ongoing need for consumer education, as well as collaboration among all stakeholders to redefine the standard of transparency practices across the industry value chain, says Dr Florian Heubrandner, vice president of global business management textiles, at Lenzing AG. ... read more


JC Penney names new CFO as it eyes return to profit

28 March 2019 | Beth Wright

US retail giant JC Penney has announced another C-suite appointment, bringing Bill Wafford on board as executive vice president, chief financial officer.... 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


Lenzing in FY profit and sales slip

15 March 2019 | Beth Wright

Lower selling prices for standard viscose, as well as higher raw material and energy costs, have contributed to a decline in full-year revenue and earnings at Austrian cellulosic fibre producer Lenzing compared with record results in the previous 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


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