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UN Fashion Charter for Climate Action – Signatories so far

24 January 2020 | Beth Wright

The UN Fashion Industry Charter for Climate Action (UN Fashion Charter) is an industry-wide initiative to collectively addressing the climate impact of the fashion sector across its entire value chain. Signatories commit to reducing aggregate greenhouse gas emissions through their global supply chains by 30% by 2030, and to not installing new sources of coal-fired heat or power generation in tier 1 and tier 2 factories and mills by 2025.... read more

New tool helps shoppers calculate their fashion footprint

24 January 2020 | Beth Wright

A new tool has launched to help consumers discover the carbon impact of their wardrobes – as well as outlining steps they can take to lighten their fashion footprint. ... read more

M&S shakes up kidswear in effort to grow sales

24 January 2020 | Hannah Abdulla

UK fashion and homeware retailer Marks & Spencer is shaking up its kidswear range as part of efforts to broaden its apparel and grow its share of the childrenswear market.... read more

Top stories this week on just-style...

24 January 2020 | Beth Wright

Top stories this week on just-style include a look at how the US-China trade deal offers little relief to apparel firms, organisers of denim trade show Kingpins have lambasted the cotton industry for making too many claims of sustainability with no clear agreement on what the word means, and US apparel giant VF Corp is reviewing options for it workwear brands.... read more

US Q3 in brief – VF Corp, Genesco, Stage Stores

23 January 2020 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Stage Stores has narrowed its net loss, Vince Holding Corp has booked a rise in both earnings and sales, while American Eagle Outfitters has reported record revenue for the period. 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

From Field to Shelf – The environmental cost of online shopping

23 January 2020 | Robert P Antoshak

E-commerce has been a boon for the fashion retail industry. But it also comes with a cost: the overnight deliveries and corresponding returns add dramatically to the carbon footprint of our industry, whether we like to admit it or not, says Robert Antoshak, managing director at Olah Inc.... read more

Express to shutter 100 stores by 2022, outlines new strategy

23 January 2020 | Beth Wright

US apparel retailer Express, Inc has narrowed its fourth-quarter guidance and outlined a new three-year corporate strategy which includes a 'fleet rationalisation plan' to close about 100 stores by 2022 and a new approach to product.... read more

Record Black Friday drives better than expected Asos sales

23 January 2020 | Beth Wright

Asos has reported an "encouraging" start to its new financial year as a record Black Friday weekend helped drive a better than expected sales performance with double-digit retail revenue growth.... read more

Original Footwear Inc expands into consumer space following acquisition

23 January 2020 | Hannah Abdulla

US military and law enforcement footwear manufacturer Original Footwear Inc. is entering the consumer market following its acquisition by a private equity firm.... read more

Asos back on track – What the analysts say

23 January 2020 | Beth Wright

Asos has booked a 20% increase in total group revenue for the peak four-month trading period to the end of December, largely driven by a "record" Black Friday weekend. The performance has been hailed by the UK online fashion retailer as an encouraging start to the year, with analysts noting Asos is "back on track" as growth returns to previous levels.... read more

Mothercare CEO steps down as transformation continues

23 January 2020 | Hannah Abdulla

Mothercare CEO Mark-Newton Jones has resigned from his position as the group moves through the final stages of its transformation plan to become an international franchise operation.... read more

One fifth of UK retail spend to be online by 2024

23 January 2020 | Michelle Russell

UK online spend is set to reach GBP75bn (US$98.4bn) by 2024, a new report has found, as shoppers continue to shift away from visiting physical stores and gravitate towards the convenience of digital channels.... read more

Fashion CEOs must redesign traditional concept of growth

22 January 2020 | Beth Wright

New guidance to help fashion CEOs decide where to focus their sustainability efforts in the year ahead has outlined the importance of resdesigning traditional concepts of growth and looking beyond short-term financial incentives.... read more

Ted Baker inventory overstated by GBP58m

22 January 2020 | Beth Wright

An auditor's review has found that Ted Baker has overstated the value of its inventory by GBP58m - more than double what the UK fashion and lifestyle brand had first estimated based on preliminary analysis.... read more

Sainsbury's CEO Mike Coupe to depart

22 January 2020 | Beth Wright

Mike Coupe is to step down as CEO of UK supermarket retailer Sainsbury's after six years in the role and 15 with the business.... read more

Department store Beales falls into administration

21 January 2020 | Leonie Barrie

British department store retailer Beales has become the latest to fall into administration, putting more than 1,000 jobs at risk if a buyer or new investment can’t be found.... read more

VF Corp weighs up future for its workwear brands

21 January 2020 | Beth Wright

US apparel giant VF Corp is to look at strategic alternatives for the occupational portion of its work segment as part of ongoing efforts to focus on its higher-growth, consumer-focused brands.... read more

Hugo Boss shares up as group meets FY targets

21 January 2020 | Beth Wright

Shares in Hugo Boss have increased this morning (21 January) as the German fashion brand has achieved its adjusted targets for the 2019 financial year thanks to a "significant" increase in sales and earnings in the final quarter.... read more

Joules H1 sales dive on stock availability issues

21 January 2020 | Hannah Abdulla

British fashion brand Joules has recorded a fall in first-half sales and profit, impacted by poor Christmas trading due to stock availability issues, non-recurring costs linked to supply chain initiatives, China-US tariffs and the timing of Black Friday this year. ... read more

Tailored Brands to sell Joseph Abboud for $115m

20 January 2020 | Leonie Barrie

Menswear retailer Tailored Brands Inc is selling the Joseph Abboud trademarks to WHP Global for $115m – but will retain the exclusive rights to sell and rent Joseph Abboud branded apparel and related merchandise in the US and Canada.... read more

Amazon doubles down on tackling fakes issue?

20 January 2020 | Hannah Abdulla

Amazon.com is doubling down on efforts to tackle fakes listed on its e-commerce site and is reportedly set to ramp up the data it gives to law enforcement.... read more

Matalan Q3 sales slip but online props up Christmas growth

20 January 2020 | Beth Wright

UK value clothing retailer Matalan has posted a drop in third-quarter sales as CEO Jason Hargreaves says consumer confidence and spending remained depressed throughout the autumn/winter season.... read more

Tesco Thailand deal probed by competition watchdog

20 January 2020 | Hannah Abdulla

Thailand's competition watchdog has issued a probe into the potential sale of UK supermarket giant Tesco's Asian assets, on fears the successful buyer may potentially control too much of the market.... read more

Gerry Weber to launch first sustainable collection

20 January 2020 | Beth Wright

German womenswear retailer Gerry Weber International has revealed plans to launch its first sustainable apparel collection later this year across its Gerry Weber, Taifun and Samoon brands.... read more

Payless emerges from bankruptcy with eye on US growth

17 January 2020 | Beth Wright

Footwear retailer Payless ShoeSource has emerged from Chapter 11 bankruptcy protection with a new executive management team, a pledge to strengthen relationships with vendors and suppliers, and a goal to return to the US.... read more

Sustainability more embedded in purchase decisions

17 January 2020 | Michelle Russell

Expectations for more sustainable retail practices are growing as the oldest members of Generation Z move into the workforce, a new study has found.... read more

US holiday retail sales up 4.1% despite clothing slide

17 January 2020 | Beth Wright

Overall sales at US retailers during the 2019 holiday period were 4.1% higher than in 2018, despite consumers continuing to cut clothing spend in the festive trading season, new figures suggest.... read more

Strong Black Friday but not-so merry Christmas for UK retailers

17 January 2020 | Beth Wright

Strong sales growth over the Black Friday period has failed to boost performance for struggling UK retailers over the crucial Christmas trading period, new analysis suggests.... read more

Gap scraps plans for Old Navy spin-off

17 January 2020 | Beth Wright

US specialty apparel retailer Gap Inc has scrapped plans to spin off its Old Navy chain as a standalone company, and announced the departure of the Gap brand’s president and CEO Neil Fiske.... read more

New Infor solutions optimise planning and inventories

17 January 2020 | Leonie Barrie

Cloud software provider Infor has launched a number of new solutions to help omni-channel retailers and fashion brands optimise their inventories, improve demand and supply planning, boost factory efficiency and help take their fashion products to market faster.... read more

Top stories this week on just-style...

17 January 2020 | Beth Wright

Top stories this week on just-style include a look at some of the biggest challenges set to face apparel brands and retailers in the year ahead, the US and China sign the long-anticipated 'Phase One' trade agreement, the Myanmar Government begins its bi-annual review of the country's minimum wage, and we explore what changes are likely under Nike's new CEO John Donahoe.... read more

TAL Apparel, VF Corp and Zalando join Global Fashion Agenda

16 January 2020 | Beth Wright

TAL Apparel, VF Corporation, and Zalando have become the latest companies to join Global Fashion Agenda's associate partners circle, who will all contribute with insights from various parts of the supply chain.... read more

Jim Pisani to step down as Timberland brand president

16 January 2020 | Beth Wright

Jim Pisani is to step down as global brand president of Timberland after three and a half years in the role.... 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

Store growth continues to drive Primark sales

16 January 2020 | Beth Wright

Value fashion giant Primark has again credited the continued expansion of its store portfolio both at home and abroad for a rise in first-quarter sales but cited a "marginal" decline in UK like-for-like sales during the period.... read more