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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


Pandemic to impact FY21 results says Ralph Lauren

28 May 2020 | Beth Wright

Ralph Lauren expects both its first quarter of fiscal 2021 and full-year results for the period to be "significantly" negatively impacted by the Covid-19 pandemic amid a 15% drop in sales for the final quarter of 2020. ... read more


Global retail staff and salary reductions amid Covid-19 – Update

1 May 2020 | just-style

As the impact of the coronavirus pandemic spreads across the apparel and footwear industry, brands and retailers are moving from store closures to worker lay-offs or furloughs, as well as executive pay cuts. Here are the latest:... read more


Kering luxury labels prepare to produce surgical masks

25 March 2020 | Beth Wright

Kering is to provide the French health service with 3m surgical masks, which the luxury goods group will purchase and import from China, as part of efforts to combat the Covid-19 pandemic in France. ... read more


Fast Retailing Group latest ZDHC signatory brand

19 March 2020 | Michelle Russell

Fast Retailing Group, and fabric and yarn manufacturer Century Rayon, have become the latest to have committed to the Zero Discharge of Hazardous Chemicals (ZDHC) group as a signatory brand and contributor, respectively.... read more


Ralph Lauren pilots 16-day fast track supply chain

10 February 2020 | Leonie Barrie

Fashion company Ralph Lauren Corporation has successfully piloted a new fast track model that has seen it execute a sweatshirt from design to delivery in just 16 days.... read more


Ralph Lauren higher pricing boosts Q3 earnings

5 February 2020 | Michelle Russell

Ralph Lauren booked higher earnings and sales in its third-quarter, proving the fashion retailer’s turnaround plan is taking hold, but said it is continuing to monitor the impact of closing half its store base in China amid the Coronavirus outbreak.... read more


Ralph Lauren and Puma join trans-Arctic shipping ban

22 January 2020 | Beth Wright

US fashion business Ralph Lauren Corporation and German sportswear brand Puma are among the latest eight companies to join a pledge led by US sporting goods giant Nike and environmental group Ocean Conservancy to prohibit shipping through the Arctic Ocean.... read more


Fashion industry pilot to produce first circular polybag

12 December 2019 | Beth Wright

A new pilot project aims to reduce the use and impact of virgin polybags in the fashion industry by developing a fully circular solution based on recycled content.... read more


Ralph Lauren makes renewable energy commitment

9 December 2019 | Hannah Abdulla

US fashion business Ralph Lauren Corporation has made a series of commitments to sustainability including joining the UN Fashion Industry Charter for Climate Action and setting a target of 100% renewable electricity by 2025 in its owned and operated offices, distribution centres and stores.... read more


Ralph Lauren resumes sourcing from Bangladesh

27 November 2019 | Michelle Russell

Following extensive due diligence, US apparel giant Ralph Lauren Corporation has resumed sourcing from Bangladesh, five years after it pulled out of the country in the wake of the Rana Plaza factory building collapse.... read more


How cutting-edge technologies can track organic cotton

22 November 2019 | Beth Wright

A pilot project that combines on-product markers and blockchain technology to trace organic cotton from farm to consumer – a first in the apparel industry – has been deemed so successful that it could be implemented on a wider scale in the organic cotton sector and shows "enormous potential" as an end-to-end traceability solution for other preferred fibres in the fashion supply chain.... read more


New Kering sustainability chair at French fashion institute

18 November 2019 | Beth Wright

French luxury goods group Kering has teamed up with the Institut Français de la Mode (IFM) to launch a new position at the higher education institution to drive scientific research on a wide range of topics related to sustainability.... read more


Ralph Lauren maintains FY view but warns on Hong Kong

8 November 2019 | Beth Wright

US apparel giant Ralph Lauren Corporation has maintained its fiscal 2020 full-year revenue guidance in the wake of better-then-expected second-quarter, helped by strong demand in Asia – and especially China – but warned of "intensifying headwinds" in Hong Kong.... read more


Ralph Lauren digital product IDs to drive supply chain efficiency

5 November 2019 | Beth Wright

US apparel giant Ralph Lauren Corporation (RLC) is introducing Digital Product Identities (IDs) for tens of millions of Ralph Lauren products in a move that will provide supply chain insight to help drive efficiency around orders and inventory.... read more


24 more companies join Kering sustainability pact

29 October 2019 | Beth Wright

Decathlon, Gant and Mango are among the latest 24 companies to join a new coalition that has pledged to set practical steps to reduce the environmental impact of the apparel industry.... read more


Casual fashion continues to draw US teen spend

9 October 2019 | Beth Wright

Athletic brands such as Canadian yogawear retailer Lululemon and sportswear giant Nike continue to prove popular with teens in the US, as casualisation of fashion continues despite teen spending falling to the lowest levels in eight years.... read more


Kering to up luxury focus with Puma bonds issue

30 September 2019 | Hannah Abdulla

Apparel firm Kering is taking another step toward streamlining its focus on its luxury portfolio, and has announced plans to further reduce its remaining stake in German sportswear brand Puma.... read more


Kering commits to full carbon neutrality across the supply chain

24 September 2019 | Beth Wright

French luxury goods group Kering is to offset the group's annual Greenhouse Gas (GHG) emissions from 2018 as part of a bid to make the  entire group carbon neutral within its own operations and across the entire supply chain.... read more


Ralph Lauren Q1 moving in the right direction

30 July 2019 | Beth Wright

US apparel giant Ralph Lauren has delivered results in line with expectations for the first quarter, with signs that efforts to elevate its brands and stabilise its North America business are starting to pay off.... read more


Kering H1 sales surpass EUR7bn but Gucci growth slows

26 July 2019 | Beth Wright

French luxury goods group booked strong double-digit sales growth in the first half of 2019 and a record operating margin of 29.5% – but investors have instead focused on a slowdown in sales growth at its key Gucci brand.... read more


Investors press brands for more workforce transparency

3 July 2019 | Beth Wright

A coalition of more than 120 institutional investors with combined assets of more than US$14 trillion is renewing its demand for companies across the world to come forward with better data on their staff and supply chain workers, with the aim improving the quality of jobs globally. ... read more


Ralph Lauren rolls out new sustainability goals

14 June 2019 | Hannah Abdulla

US clothing and footwear company Ralph Lauren has committed to using 100% sustainably sourced key materials – including cotton – in its products by 2025, as part of a new set of sustainability goals.... read more


Kering eyes greater transparency with new digital EP&L platform

6 June 2019 | Beth Wright

Luxury goods group Kering has launched a new digital platform granting access to its Environmental Profit and Loss (EP&L) account in a move designed to support fashion players with information and insight into the complexities of their own environmental impacts. ... read more


PVH names Stefan Larsson to newly created role of president

22 May 2019 | Beth Wright

PVH Corp, owner of brands including Calvin Klein and Tommy Hilfiger, has appointed former Ralph Lauren CEO Stefan Larsson to the newly created role of president.... read more


Fourth-quarter profits slip at Ralph Lauren

15 May 2019 | Hannah Abdulla

Fourth-quarter profits have slipped at Ralph Lauren on the back of higher restructuring charges during the period.... read more


Kering develops new standards for animal welfare

14 May 2019 | Hannah Abdulla

Luxury goods group Kering has published new Animal Welfare Standards in a bid to ensure the humane treatment of animals across the company's supply chains.... read more


Kering off to solid start with double-digit Q1 sales rise

24 April 2019 | Hannah Abdulla

Luxury apparel group Kering has reported a 21.9% jump in sales on a reported basis, which includes the impact of currencies and acquisitions, to EUR3.8bn during the first quarter of 2019.... read more


New Ralph Lauren polo made from recycled materials

23 April 2019 | Beth Wright

US apparel giant Ralph Lauren has launched a new polo shirt made from recycled plastic bottles and dyed with a waterless process as it pledges to remove 170m plastic bottles from landfills and oceans by 2025.... 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


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


Kering posts FY profit jump on higher sales

12 February 2019 | Hannah Abdulla

Luxury French fashion house Kering has booked "record high" full year profits that saw a net profit jump of 108% to EUR3.7bn on the back of healthier full-year sales.... read more


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