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SWEDEN: Kapp-Ahl makes up for Lindex loss with pay-out
16 November 2007 | just-style.com
Swedish fashion retailer Kapp-Ahl is to return the war chest built up during its failed takeover bid for rival Lindex to shareholders by more than doubling a proposed dividend from five to 11 crowns per share.... read more
UK: Beckham to model Armani underwear, say reports
16 November 2007 | just-style.com
Italian fashion giant Giorgio Armani has reportedly snapped up football icon David Beckham to model its underwear.... read more
US: JC Penney income slips 9.1% in Q3
16 November 2007 | just-style.com
Department store operator JC Penney Company has issued caution for trading in the remainder of the year, as it reported a 9.1% fall in Q3 net income to $261m.... read more
US: Ann Taylor Q3 net up 3.8%, lowers outlook
19 November 2007 | just-style.com
Women’s wear retailer AnnTaylor Stores Corporation has posted a 3.8% rise in third quarter profit, but lowered its outlook for the year after “significant softness” in October.... read more
FRANCE: Printemps drums up custom despite rail strikes
19 November 2007 | just-style.com
French retail chain Printemps, whose flagship store on the boulevard Haussmann in the centre of Paris has lost an estimated 25% over the past week due to on-going public transport strikes in Paris, is doing all it can to drum up custom.... read more
US: Genesco CEO hits out at latest UBS accusations
19 November 2007 | just-style.com
The chief executive of shoe and hat retailer Genesco Inc has hit out at allegations that the company defrauded investment bank UBS after agreeing to a $1.5bn takeover by The Finish Line.... read more
US: Columbia Sportswear hires Finell as general manager Europe
19 November 2007 | just-style.com
Outdoor apparel and footwear maker Columbia Sportswear Company has hired Christian Finell as its European general manager.... read more
JAPAN: First-half income up 18.2% at Asics Corp
19 November 2007 | just-style.com
Japanese sportswear firm Asics Corporation has posted an 18.2% increase in first-half net income to JPY8.29bn (US$75.1m), despite falling apparel revenues.... read more
HONG KONG: Belle to acquire Shanghai Aurora
19 November 2007 | just-style.com
China-based footwear manufacturer Belle International is to acquire Shanghai Aurora Footwear Co from Jiangsu Senda Group for CNY563m (US$75.83m).... read more
US: Big Dog to change name, buys Natural Comfort Footwear
19 November 2007 | just-style.com
In a move that reflects the shifting dynamic of the company, Big Dog Holdings Inc is changing its name to that of its fastest-growing subsidiary, and buying the Natural Comfort Footwear chain to add more stores to its roster.... read more
AUSTRALIA: Chinese yarn maker launches AUD20m IPO
19 November 2007 | just-style.com
One of China's leading nylon yarn producers, Mesbon China Nylon Ltd, today launched an AUD20m (US$17.7m) float on the Australian market.... read more
EU: Agrees interim trade deal with East African bloc
19 November 2007 | just-style.com
Five East Africa nations and the European Union have agreed an interim trade deal to replace preferential tariff agreements due to expire this year.... read more
US: VF Sportswear selects 7thOnline for assortment planning
19 November 2007 | just-style.com
VF Sportswear Inc, a subsidiary of VF Corporation, has selected 7thOnline to provide assortment planning and online showroom solutions for its branded lifestyle apparel, including the Nautica and Kipling lines.... read more
ISRAEL: Tefron swings to Q3 loss on lower activewear sales
19 November 2007 | just-style.com
Seamless intimate apparel and activewear maker Tefron Ltd has swung to a third quarter loss on lower sales to Nike and Victoria’s Secret coupled with manufacturing problems in its Hi-Tex division.... read more
ITALY: Piva appointed Gianfranco Ferré CEO
19 November 2007 | just-style.com
Michela Piva has been named as the new CEO of Gianfranco Ferré by parent company IT Holding.... read more
UK: Matalan founder John Hargreaves resigns
19 November 2007 | just-style.com
The founder of Matalan, John Hargreaves, has stepped down from his position as chairman of the company.... read more
US: Dillard’s launches new "Tranquility" department
20 November 2007 | just-style.com
Dillard’s announced today (20 November) the launch of its new Tranquility department, which features yoga-inspired activewear for females.... read more
US: Perry Ellis net rises 4% during third quarter
20 November 2007 | just-style.com
Perry Ellis International reported that net income was US$8.5m for third quarter, a 4% increase.... read more
US: Nike, Foot Locker open first basketball store
20 November 2007 | just-style.com
Nike and Foot Locker have opened the first House of Hoops by Foot Locker store, a new retail concept selling “all things basketball” and the first joint venture between the two companies.... read more
FINLAND: Marimekko licenses patterns to H&M
20 November 2007 | just-style.com
Finnish clothing designer Marimekko Corporation is licensing some of its textile designs to H&M's summer 2008 collection.... read more
CANADA: Lululemon ditches health claims in seaweed row
20 November 2007 | just-style.com
Yoga-inspired clothing company Lululemon Athletica is to remove all health claims from lines using its VitaSea fabric as controversy over its seaweed content continues.... read more
US: Nordstrom Q3 profit up 22% on Faconnable sale
20 November 2007 | just-style.com
Upmarket fashion retailer Nordstrom Inc yesterday (19 November) reported a 22.1% jump in third quarter profit, helped by the sale of its Faconnable apparel brand.... read more
US: Lower waistband sales push Talon to Q3 loss
20 November 2007 | just-style.com
Zipper and trim supplier Talon International Inc has swung to a third quarter loss on lower sales of its waistband products.... read more
US: Cautious Q4 outlook from Tween Brands
20 November 2007 | just-style.com
Children’s retailer Tween Brands has lowered earnings forecasts for the company’s fourth quarter despite posting a 13% sales increase.... read more
US: Steven Madden in new hosiery licensing deal
20 November 2007 | just-style.com
Footwear and accessory specialist Steven Madden has signed a licensing agreement with Gina Group to develop new hosiery lines under the Steve Madden and Steven brands.... read more
US: Wellman raises price of polyester staple fibre
20 November 2007 | just-style.com
Wellman Inc is increasing the price of all Fortrel polyester staple fibre products by an additional $0.04 per pound, from 15 December.... read more
US: Crocs sued for misleading investors
20 November 2007 | just-style.com
Two lawsuits have been filed by shareholders in plastic clog maker Crocs Inc, accusing the company’s top executives of making “false and misleading” statements about the company’s operations.... read more
UK: Neil Gillis unveiled as new Blacks boss
20 November 2007 | just-style.com
The new chief executive of outdoor retailer Blacks Leisure Group is Neil Gillis, the UK-based company has announced.... read more
INDIA: Industry group calls for urgent textile sector reform
20 November 2007 | just-style.com
An industry group claims that speeding up the pace of reforms in India’s textile industry could help the sector grow by 22% by 2010, encourage investments of US$55bn, and create jobs for at least 65.4m workers.... read more
US: Converse signs One Star deal with Target
20 November 2007 | just-style.com
Nike subsidiary Converse has agreed to supply US retailer Target with an exclusive range of vintage-inspired clothing and footwear under the One Star brand name.... read more
UK: Marchpole reports 76% slump in first-half profits
20 November 2007 | just-style.com
Marchpole Holdings has posted a 76% slump in first-half operating profit, blaming expansion costs for the decline to GBP1.2m from GBP5.0m (US$10.32m) in the same period last year.... read more
BELGIUM: Keep EU trade defence tools say industry groups
20 November 2007 | just-style.com
A coalition of industry associations has sent a strong message to EU Trade Commissioner Peter Mandelson, urging the EU not to tinker with its trade defence instruments.... read more
Jeans market rises to the occasion
20 November 2007 | just-style.com
By 2014, jeans will genuinely be a global fashion statement according to a new report from just-style, and the challenge for both brands and retail private labels will be to hold down a truly international market position.... read more
US: Limited Brands Q3 income down 48.5%
21 November 2007 | just-style.com
Victoria's Secret operator Limited Brands has reported third quarter net income of US$12.1m, 48.5% lower than the comparable period last year, partially attributed to a challenging retail environment.... read more
INDIA: VF joint venture names new MD
21 November 2007 | just-style.com
VF Arvind Brands Private Ltd, clothing company, VF Corporation’s majority-owned joint venture in India, has named Kanchan Pant as its new managing director.... read more
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