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US clothing retail sales rise at a slower rate in July

14 August 2020 | Beth Wright

Sales at US clothing retailers continued to recover from the impact of the coronavirus pandemic in July, albeit growing more slowly than the month before.... read more

How retailers can prioritise sustainability during Covid-19

14 August 2020 | Guest author

As apparel brands and retailers rebuild their post-pandemic supply chains, now is the perfect time to rethink how they can embed sustainability into their development, sourcing and distribution decisions, says Mark Burstein, president at NGC Software.... read more

Fashion retailers back UK government aid to shore up supply chains

14 August 2020 | Beth Wright

The UK Government has launched a new programme to strengthen global supply chains by supporting workers in developing countries during the coronavirus pandemic in a move that is estimated to benefit nearly 120,000 people working in the global garment industry. ... read more

New Look launches sale process as it prepares CVA

14 August 2020 | Beth Wright

UK fashion retailer New Look is seeking a buyer and is preparing to launch another company voluntary agreement (CVA) as it tries to restructure its business.... read more

Burberry trials social retail in China

14 August 2020 | GlobalData Consumer

British luxury clothing and accessories brand Burberry has opened its first "social retail store" in Shenzhen, China's technology hub, as a way to attract young and tech-savvy consumers, save profits, and stay ahead of the competition in pandemic times.... read more

Lucky Brand joins Authentic Brands Group line-up

14 August 2020 | Leonie Barrie

Brand management company Authentic Brands Group has added Los Angeles-based denim specialist Lucky Brand Dungarees to its line-up.... read more

Top stories this week on just-style...

14 August 2020 | Beth Wright

Top stories this week on just-style include an insight into new patterns of world textiles and apparel trade, and claims that garment workers might have been underpaid by almost US$6bn during the Covid-19 pandemic. Elsewhere, investors are being urged to mitigate risks regarding potential links to China's Xinjiang region, and Cambodia's benefits under the EU's Everything But Arms (EBA) trade scheme have been partially withdrawn.... read more

US Q2 in brief – Dillard’s, Iconix Brand Group, Foot Locker

14 August 2020 | just-style

In the latest second-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. Iconix Brand Group saw sales slump by more than a third, while Kontoor Brands has reported a net loss of US$33.3m amid a sales fall of 43%. Elsewhere, Wolverine Worldwide has posted second-quarter results that CEO Blake Krueger said were much stronger than expected.... read more

Tapestry turnaround plans speed focus on digital growth

13 August 2020 | Beth Wright

Coach brand owner Tapestry Inc has embarked on a new multi-year turnaround plan to cut costs and focus on digital growth as shoppers continue to shift from stores to e-commerce.... read more

Express implements AI-powered assortment planning

13 August 2020 | Leonie Barrie

Fashion retailer Express Inc is adapting to a changing market with an artificial intelligence (AI) based merchandise planning application that ensures products are tailored to the needs of customers.... read more

UK online clothing sales turn positive in July

13 August 2020 | Beth Wright

UK online sales growth for clothing was positive for the first time in five months in July as external social activities restarted following further relaxation of lockdown rules.... read more

The Very Group upbeat despite fashion sales decline

13 August 2020 | Michelle Russell

Digital pureplay retailer The Very Group, formerly Shop Direct, expects to return to profit in the full-year after reporting strong fourth-quarter revenue growth as customers bought more online.... read more

Stein Mart could close all stores as files for Chapter 11

12 August 2020 | Beth Wright

Stein Mart has filed for Chapter 11 bankruptcy protection in a move that will see it likely to close most – if not all – of its 281 brick-and-mortar stores.... read more

US apparel prices continue to climb in July

12 August 2020 | Leonie Barrie

US apparel prices continued to edge up in July as stay-at-home restrictions eased across much of the country and consumers returned to shopping in stores – helping lift the core consumer price index to a 30-year high.... read more

Levi Strauss renews US outerwear licenses with G-III

12 August 2020 | Leonie Barrie

Levi Strauss & Co has renewed its US licensing agreements for outerwear with G-III Apparel Group.... read more

Investors urged to step up due diligence on Xinjiang links

12 August 2020 | Michelle Russell

Investors are being urged to take steps to identify, prevent and mitigate risks in portfolio companies to ensure they have no direct links to human rights abuses in China's Xinjiang region.... read more

Outland Denim opening Cambodia factories to other brands

12 August 2020 | Beth Wright

Australian denim brand Outland Denim is to open its Cambodian manufacturing facilities to other brands and establish an in-house standard for sustainability.... read more

Brooks Brothers seeks approval for US$325m sale bid

12 August 2020 | Beth Wright

Authentic Brands Group (ABG), owner of Aéropostale and Nautica, and Sparc Group have been selected as the winning bidders for bankrupt men's wear retailer Brooks Brothers after increasing their offer to US$325m.... read more

Asos ups FY guidance amid reduced returns rates

12 August 2020 | Beth Wright

Online fashion retailer Asos has raised its full-year sales and profit expectations on the back of stronger than anticipated underlying demand and a sustained reduction in returns rates.... read more

Brendan Hoffman named Wolverine Worldwide president

12 August 2020 | Beth Wright

Former Vince Holding Corp boss Brendan Hoffman has been named president of footwear firm Wolverine Worldwide and is expected to transition over a period of time to become the future CEO of the company.... read more

Debenhams to cut 2,500 store and distribution jobs

11 August 2020 | Michelle Russell

Struggling department store group Debenhams has announced plans to cut 2,500 jobs across its store network and distribution centre as part of its latest cost-cutting drive.... read more

US retail imports to see lowest annual total in four years

11 August 2020 | Beth Wright

Imports at major US retail container ports during 2020 are expected to see their lowest total in four years as the impact of the Covid-19 pandemic on the US economy continues.... read more

Zalando sales surge by 19.6% in H1

11 August 2020 | Beth Wright

German fashion e-tailer Zalando has revealed plans to double down on its platform transition in the second half of the year after sales grew by more than 19% in the first six months.  ... read more

Superdry secures GBP70m in financing as Covid impact weighs

10 August 2020 | Hannah Abdulla

UK fashion retailer Superdry has secured GBP70m (US$91m) in financing as it continues to reel from the impact of coronavirus on its sales.... read more

Walmart hosts open call for US-made products to boost local manufacturing base

10 August 2020 | Hannah Abdulla

US retail giant Walmart is holding its first annual open call for US-manufactured products in an entirely virtual format as it looks to grow its base of locally-manufactured goods.... read more

Missguided launches behind-the-scenes TV series

10 August 2020 | Michelle Russell

UK fast fashion retailer Missguided is giving consumers a glimpse behind the scenes of its operations with a new four-part television series.... read more

Top stories on just-style in July...

10 August 2020 | Beth Wright

Top stories on just-style in July included an interview with Ranjan Mahtani, chairman and CEO at Epic Group, on why Covid-19 is the final straw for apparel industry players, and a look at how technology is key to the sector's emergence from the crisis. The list also includes a look at why manufacturers in India think coronavirus could be a force for good, and the latest bankruptcy filings from firms including Brooks Brothers and Ascena Retail Group.... read more

Asos outlines ethical manufacturing commitments for UK brand partners

7 August 2020 | Beth Wright

Brands stocked by Asos with a UK manufacturing presence have been asked by the online fashion retailer to make four new ethical manufacturing commitments as a condition to their products being sold on the company's website.... read more

Reebok puts consumers in control of footwear production

7 August 2020 | Beth Wright

Global fitness brand Reebok is rolling out a new digital platform that acts to minimise waste by enabling US consumers to collectively determine whether a particular footwear design should enter production.... read more

JCPenney lenders ask bidders to up offers?

7 August 2020 | Hannah Abdulla

A group of lenders managing the bankruptcy process of US retail giant JCPenney are reportedly asking interested buyers to up their bids after offers made in July were deemed too low.... read more

Hurley family vehicle Kandui Holdings buys footwear brand Simple

7 August 2020 | Beth Wright

Kandui Holdings LLC, established by the founding family of the Hurley surfwear brand, has acquired the outstanding assets and intellectual property of footwear brand Simple from KTSimple LLC.... read more

Top stories this week on just-style...

7 August 2020 | Beth Wright

Top stories this week on just-style include an interview with Senol Sankaya, CEO of Yesim Tekstil, on how the company adapted to Covid-19 and why it is optimistic going forward. US textiles and apparel sales could shrink by more than 50% this year due to the pandemic, which is the biggest concern facing today's US fashion industry executives, and digital mapping technology has tracked garment factory closures in Bangladesh since the outbreak of coronavirus.... read more

US apparel imports show signs of recovery in June

6 August 2020 | Hannah Abdulla

US apparel imports surged in June compared with May and all ten of the major supplier nations reported month-on-month shipment volume increases. But the year-on-year figures told a very different tale – shipment volumes slid as Central America and India bore the brunt of Covid-19 continuing to wreak havoc on supply chains. ... read more

Adidas moves to Q2 loss as sales slide by more than a third

6 August 2020 | Beth Wright

German sportswear group Adidas has reported a loss for the second quarter as net sales tumbled by more than a third amid temporary store closures related to the Covid-19 pandemic.... read more

Joules moves to FY loss on stock and pandemic issues

6 August 2020 | Michelle Russell

British clothing retailer Joules has booked a drop in full-year sales and moved to a loss as the pandemic and e-commerce stock availability issues over the Christmas trading period weighed on results.... read more