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JCPenney axes 650 jobs

7 May 2021 | Beth Wright

JCPenney has reduced its workforce by about 650 positions as it continues to focus on its turnaround under new owners Simon Property Group and Brookfield Asset Management.... read more

Tech tax threat would "punish" US apparel companies

7 May 2021 | Leonie Barrie

Plans by the Biden Administration to impose punitive tariffs of up to 25% on a raft of items – including textiles and clothing – imported from Australia, India, Italy, Spain, Turkey and the United Kingdom are being strongly opposed by US brands, retailers and importers.... read more

Joules establishes ESG-linked financing facility

7 May 2021 | Beth Wright

British lifestyle brand Joules has extended and converted its current credit facility with Barclays Bank to an Environmental Social and Governance (ESG) linked financing arrangement.... read more

Sainsbury’s taps former John Lewis MD as clothing director

7 May 2021 | Beth Wright

UK supermarket group Sainsbury's has named Paula Nickolds, the former managing director of John Lewis, as its new general merchandise and clothing commercial director.... read more

Mango eyes circular future with new CSR vision

7 May 2021 | Beth Wright

Spanish clothing group Mango is stepping up its sustainability commitments by rolling out a new corporate social responsibility (CSR) strategy and focusing on evolving a more circular business model. Head of sourcing Andres Fernandez and CSR director Beatriz Bayo say transparency, collaboration and trust are key to a greener future and building back better from the Covid-19 pandemic. ... read more

Textile project to make Denmark circular frontrunner

7 May 2021 | Leonie Barrie

Some of Denmark’s largest fashion and textile players have joined forces in a new recycling technology and circular design project whose ultimate aim is to recycle all textile waste in the country.... read more

Avery Dennison sets 2050 net-zero ambition

7 May 2021 | Beth Wright

Avery Dennison has announced its ambition to be net-zero on greenhouse gas emissions by 2050 alongside a series of new sustainability goals for 2030.... read more

Timberland launches first products made with Haitian cotton

7 May 2021 | Beth Wright

Global outdoor lifestyle brand Timberland is rolling out the first products made with Community Cotton fibre sourced from its supply chain in Haiti following its five-year journey to reintroduce cotton farming to the country.... read more

Tapestry Q3 outpaces expectations

7 May 2021 | Beth Wright

Coach brand owner Tapestry Inc has returned to profit in the third quarter and outperformed its revenue outlook for the period with a 19% hike in sales.... read more

Sportswear specialism and DTC drive Adidas resilience

7 May 2021 | GlobalData Retail

Adidas's sportswear specialism has driven an impressive rebound from the impacts of Covid-19, as consumers' heightened interest in fitness and desire for comfortable apparel caused its revenue to increase by EUR887m to EUR5.27bn during Q1 FY2021.... read more

Renewcell to work with Nouryon on sustainable textile recycling

7 May 2021 | Beth Wright

Swedish textile recycling company Renewcell is to use specialty chemicals and engineering solutions from Nouryon at its new plant in Sundsvall.... read more

Bangladesh workers most vulnerable to Covid-19 fallout

7 May 2021 | Leonie Barrie

With Bangladesh’s second lockdown currently underway, new research offers recommendations on how brands and supply chains should respond to ensure the well-being of workers in the country’s garment industry.... read more

Top stories this week on just-style...

7 May 2021 | Beth Wright

Top stories this week on just-style include a look at how US apparel imports from China almost tripled in March compared to last year, and what Biden's first 100 days says about his approach to trade. Elsewhere, garment factories in Turkey can continue operating under the country's latest lockdown, and VF Corp is strengthening its engagement with Better Work.... read more

US Q1 in brief – Kontoor Brands, Under Armour, Rocky Brands

7 May 2021 | just-style

The latest first-quarter filings from US apparel and footwear brands and retailers show some companies are beginning to recover from the market disruption caused by the Covid-19 pandemic. However, figures are mostly in comparison to the period when the market began to first feel the impact of the global coronavirus pandemic when stores began to close or reduce their opening hours.... read more

Eurofins partners with BeVeg on vegan verification

7 May 2021 | Michelle Russell

Vegan verification services provider Eurofins Chem-Map has been approved with US-based company BeVeg as a robust way of verifying products, materials and chemicals as vegan.... read more

Repairing the broken buyer-supplier relationship

6 May 2021 | Hannah Abdulla

A year into the pandemic that shook the world and exposed the fragilities that exist in the global apparel supply chain, we take a look at the impact on the buyer-supplier relationship.... read more

Next ups central profit guidance on Q1 sales beat

6 May 2021 | Michelle Russell

UK clothing and homeware retailer Next Plc has upped its central profit guidance for the year after reporting first-quarter sales that beat guidance.... read more

Nogin acquires ModCloth from Go Global Retail

6 May 2021 | Beth Wright

Nogin, a specialist in outsourced e-commerce for major fashion and consumer product companies, has acquired women's clothing company and online retailer ModCloth for an undisclosed sum from brand investment platform Go Global Retail.... read more

Superdry FY revenues decline on Covid impact

6 May 2021 | Hannah Abdulla

UK clothing retailer Superdry returned to growth in the fourth quarter of the year booking a 0.8% increase in revenues, but the impact of Covid battered full-year revenues.... read more

Fabletics launches probe into Lesotho factory following abuse allegations

6 May 2021 | Hannah Abdulla

Fabletics, the clothing line co-founded by actress Kate Hudson, has suspended operations at a factory in Lesotho following allegations of sexual and physical abuse.... read more

Adidas harnesses data for 3D printed midsole

6 May 2021 | Beth Wright

German sportswear giant Adidas has unveiled a data-driven 3D printed performance running midsole designed to compress forward upon vertical impact, providing runners with an all-new experience.... read more

Zalando hikes FY outlook on standout Q1

6 May 2021 | Beth Wright

German fashion e-tailer Zalando has upgraded its outlook for the financial year 2021 following what it called exceptionally strong and profitable growth in the first quarter, continued elevated growth levels in the second quarter, and a stable outlook for the second half of the year. ... read more

Gildan moves to Q1 profit boosted by activewear sales

6 May 2021 | Michelle Russell

Basic apparel maker Gildan Activewear has made a strong start to the year as it returned to profit in the first quarter and booked sales increases boosted by activewear.... read more

Casualwear supports Hugo Boss as European lockdowns disrupt trade

6 May 2021 | GlobalData Retail

Hugo Boss experienced a continued sales decline during Q1 FY2021, with revenue falling by EUR58m to EUR497m (US$599m), despite being up against weak comparatives last year, when most markets were approaching the initial peak of the virus.... read more

US economy could see fastest growth since 1980s

6 May 2021 | Beth Wright

With more businesses reopening and bringing employees back to work, the US economy is on firm footing and could see its fastest growth in more than three decades.... read more

Lenzing invests EUR200m to reduce emissions in China, Indonesia

6 May 2021 | Michelle Russell

Austrian cellulosic fibre producer Lenzing is investing more than EUR200m (US$240m) to produce more environmentally-friendly speciality fibres at its production sites in China and Indonesia.... read more

Apparel Impact Institute targets Italy for supply chain programme

6 May 2021 | Michelle Russell

The Apparel Impact Institute (Aii), an environmental accelerator for the apparel and footwear industries, has partnered with Italian non-profit Legambiente to implement its programme to accelerate and realise positive environmental impacts in Italy’s supply chain.... read more

US apparel imports from China soar 174% in March

5 May 2021 | Michelle Russell

US apparel imports continued to surge in March as retailers worked to meet increased consumer demand fuelled by federal stimulus checks and money saved by staying home for the best part of a year. Import data is also skewed by comparisons with last March, when the economic effects of the coronavirus pandemic began to take hold. China recorded by far the largest year-on-year growth, with apparel shipments to the US almost tripling.... read more

Opinion: Covid hastens demise of big factories in poor countries

5 May 2021 | Sebastian Shehadi

The Covid-19 pandemic has highlighted the need for more regionalised, tech-driven manufacturing that is closer to consumers. For less-developed nations, this spells disaster.... read more

Gap Inc to offload Intermix in latest Power Plan 2023 move

5 May 2021 | Hannah Abdulla

US specialty clothing retailer Gap Inc has struck a deal to sell Intermix to private equity firm Altamont Capital Partners in another move under its Power Plan 2023, which sees the group focus on its core portfolio.... read more

Brands urged to sign binding Bangladesh safety agreement

5 May 2021 | Michelle Russell

The witness signatories to the Bangladesh Accord on Fire and Building Safety say remaining safety hazards in Bangladeshi factories show that apparel brands must not abandon a binding safety programme.... read more

Boohoo in FY beat as sales soar to GBP1.7bn

5 May 2021 | Beth Wright

UK online fast fashion retailer Boohoo Group saw sales soar by more than 40% for the full year, surpassing its guidance for the period, despite the challenges posed by the Covid-19 pandemic. ... read more

Vietnam and India pulling buyers away from China

5 May 2021 | Michelle Russell

Vietnam is continuing to pull US buyers away from China, a new report has found, with India also a top favourite as companies increasingly look for alternative sourcing locations.... read more

Call for policy consistency ahead of EU Industry Strategy review

5 May 2021 | Hannah Abdulla

The European Apparel and Textile Confederation (Euratex) says it welcomes the upcoming revision of the EU Industry Strategy but is urging consistency across EU policies as it grows increasingly concerned textile and apparel companies are facing significant challenges related to over-regulation and raising energy and supply costs.... read more

M&S bolsters tech team to push omnichannel growth

5 May 2021 | Beth Wright

Marks & Spencer is creating 85 new roles to help drive omnichannel growth as part of its newly formed MS2 division under which the retailer is setting itself up to serve shoppers best digitally in the future, including reflecting the shift to online shopping driven by the pandemic.... read more