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US Q1 in brief – Macy's, Stein Mart, Francesca's

2 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. Macy's, Inc has posted a US$3.58bn loss, while Stein Mart reported a 57% tumble in sales. Elsewhere, PVH Corp has reported an "unprecedented" decline in revenue and earnings and sales at Zumiez have fallen by more than a third.... 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 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


Under Armour names Lisa Collier product chief

16 April 2020 | Hannah Abdulla

US sportswear brand Under Armour has appointed Lisa Collier as its new chief product officer.... read more


3D virtual design and fit tools keep fashion on track

15 April 2020 | Leonie Barrie

With fashion supply chains around the world fracturing in the face of travel bans, factory shutdowns and remote working, tools such as 3D virtual design, fit and prototyping software are helping businesses to stay on track.... 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


What's the future for fashion retail after coronavirus?

8 April 2020 | Malcolm Newbery

In just a few short weeks our industry has been turned upside down by the global spread of coronavirus. The question now is what will fashion retail be like when the pandemic is over? Here, Malcolm Newbery shares his thoughts on life after Covid-19.... read more


Under Armour board approves 2020 restructuring plan

6 April 2020 | Beth Wright

The board of Under Armour has approved a previously planned restructuring initiative amid the news the sportswear brand will temporarily lay off staff at its full-price and outlet stores along with about 600 employees that work at its US-based distribution centres.... read more


Nike deploys Covid-19 "playbook" to US and Europe

25 March 2020 | Beth Wright

Sportswear giant Nike Inc says it has a "playbook" to tackle the impact of the Covid-19 pandemic, including leveraging its diverse sourcing base and digital capabilities to manage the business with flexibility, and shifting inventory to serve consumer digital demand.... read more


Nike in senior leadership reshuffle

19 February 2020 | Beth Wright

US sporting goods giant Nike has announced a series of senior leadership changes, including the appointment of chief financial officer (CFO), Andy Campion, as COO. ... read more


Under Armour monitors supply chain amid coronavirus fallout

12 February 2020 | Beth Wright

Under Armour is assessing the potential impact of the coronavirus outbreak on its supply chain as the US sportswear brand expects a hit of up to US$60m on first-quarter sales in the APAC region – and says it is looking at a potential 2020 restructuring plan.... read more


Nike brand shifts South America business to distributors

7 February 2020 | Beth Wright

Nike is shifting its Nike Brand business in Brazil, Argentina, Chile and Uruguay to strategic distributor partnerships, with its operations in these countries moving to key South American partners. ... read more


Under Armour sourcing exec takes on COO role

6 February 2020 | Hannah Abdulla

Under Armour is embarking on a leadership shakeup that sees its supply chain exec Colin Browne assume greater responsibility as he becomes chief operating officer (COO).... read more


Coronavirus to have "material impact" on Nike in Greater China

5 February 2020 | Beth Wright

US sporting goods giant Nike expects the novel coronavirus outbreak to have a "material impact" on its operations in Greater China in the short term as the company has shuttered half of its stores in the region. ... 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


Five changes to expect at Nike as Donahoe takes charge

14 January 2020 | Hannah Abdulla

It's all change at the top for sportswear giant Nike Inc as John Donahoe yesterday (13 January) took over the reins as the company's fourth CEO in its 55-year history. But with a background in technology rather than retail and sportswear, what changes are likely under his leadership?... read more


New Nike Atsuma shoe aims to reduce material waste

3 January 2020 | Leonie Barrie

A new Nike sneaker released this week (1 January) aims to reduce material waste by using scraps created during the production process.... read more


Nike Infinalon fabric offers enhanced stretch and recovery

2 January 2020 | Michelle Russell

Sportswear giant Nike has developed a performance fabric it says offers nearly double the stretch and recovery of a fabric made from spandex.... read more


Nike Q2 profit surges as higher prices offset tariffs

20 December 2019 | Leonie Barrie

US sporting goods giant Nike Inc has booked a 32% jump in second quarter profit after higher prices helped offset US trade tariffs.... read more


Nike invests in hands-free footwear technology firm

21 November 2019 | Beth Wright

US sportswear giant Nike has made a strategic investment in Handsfree Labs, a specialist in hands-free footwear technology that enables consumers to step in and out of shoes more easily without lacing or the use of hands.... read more


Nike to stop selling products on Amazon

15 November 2019 | Hannah Abdulla

Nike has confirmed it will no longer be directly selling its products through online platform Amazon.com.... 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


Nike to sell surf brand Hurley for undisclosed sum

30 October 2019 | Beth Wright

US sportswear giant Nike has inked a deal to sell its Hurley surf brand to private equity firm Bluestar Alliance.... read more


Nike leads pledge to prohibit trans-Arctic shipping

28 October 2019 | Beth Wright

Fashion firms Bestseller, Columbia, Gap Inc, H&M Group, Kering, Li & Fung and PVH Corp have joined a new pledge led by US sporting goods giant Nike and environmental group Ocean Conservancy to prohibit shipping through the Arctic Ocean.... read more


Under Armour's Frisk to succeed Plank as CEO

23 October 2019 | Beth Wright

US sportswear brand Under Armour is promoting president and COO Patrik Frisk to CEO in the New Year as current chief Kevin Plank steps aside to become executive chairman and brand chief, where he will focus on long-term vision and product.... read more


Nike CEO Mark Parker to step down

23 October 2019 | Beth Wright

Nike's Mark Parker is to step down as CEO of the US sporting goods giant next year, but will take on the role of executive chairman as he hands the reins to board member John Donahoe.... read more


Under Armour's Virgin Galactic spacesuits revealed

18 October 2019 | Beth Wright

US sportswear brand Under Armour has revealed a first look at the footwear and apparel it is developing for Virgin Galactic – the world’s first commercial spaceline.... 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


Nike posts Q1 profit jump on higher revenue

25 September 2019 | Hannah Abdulla

US sportswear retailer Nike Inc has reported a 25% jump in first-quarter profits to US$1.4bn driven by strong revenue growth.... read more


Nike supply chain gets speed boost from new DC

17 September 2019 | Michelle Russell

Sporting goods giant Nike Inc has moved another step closer to reaching its zero carbon and zero waste target with the opening of a new distribution centre in Belgium powered entirely by renewable energy.... read more


Nike teams with Levi Strauss on footwear customisation

22 August 2019 | Beth Wright

Nike is teaming up with jeans giant Levi Strauss & Co to offer consumers the chance to customise its footwear with Levi's fabrics and trims.... read more


Nike launches first footwear subscription box for kids

13 August 2019 | Beth Wright

US sporting goods giant Nike has launched its first footwear subscription service for children in a move it says will make shopping for youngster's shoes as convenient as possible – but which also builds a direct-to-consumer connection with the next generation of customers.... read more


Nike acquires predictive analytics platform Celect

7 August 2019 | Beth Wright

US sporting goods giant Nike has acquired predictive analytics platform Celect in a move that will help it to anticipate consumer needs and optimise inventory across multiple channels.... 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


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