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Fashion drives "strong" peak trading for Very.co.uk

15 January 2020 | Beth Wright

A standout performance in online retailer Very.co.uk's fashion and sports segment has helped drive a rise in retail sales across the festive trading season.... read more


Quiz posts festive sales slump

15 January 2020 | Beth Wright

UK fast-fashion retailer Quiz has seen sales slide over the Christmas trading period with declines in both online and its brick-and-mortar revenue streams.... read more


Blockchain pilot tracks Mongolian cashmere value chain

15 January 2020 | Hannah Abdulla

Blockchain technology has been used to help track Mongolian cashmere from origin (shearing at herder household) to destination (a processing facility in Ulaanbaatar) in a bid to increase transparency and create a more sustainable supply chain. ... read more


NRF 2020 – Retail technology launches and developments

15 January 2020 | Michelle Russell

Retail's 'Big Show', the National Retail Federation's Annual Convention & Expo, which took place in New York this week, is an annual opportunity for retailers to tap into the latest technologies for improving everything from customer analysis to inventory management. Here we highlight some of the latest launches and developments.... read more


PLM to boost collection development at Finn Flare

15 January 2020 | Leonie Barrie

Russian casual wear brand Finn Flare has replaced its legacy Product Lifecycle Management (PLM) product with a new solution to enhance data management and analysis and help reduce development time for new collections.... read more


Trump gives green light for Iran textile sanctions

14 January 2020 | Hannah Abdulla

US President Donald Trump has issued an order allowing the US Treasury Department to execute fresh sanctions on Iran in several product categories including textiles.... read more


Outlook 2020 – Apparel industry challenges and opportunities

14 January 2020 | Leonie Barrie

Disruption and uncertainty remain the biggest challenges facing apparel brands and retailers and their global supply chains heading into the new decade. Unpredictable and fast-moving changes to tariffs and trade, pressure to make smarter and faster decisions, and demands for new levels of sustainability will all weigh on fashion businesses in 2020, according to feedback from a panel of executives consulted by just-style.... read more


Abercrombie reaffirms Q4 amid record US Black Friday week

14 January 2020 | Beth Wright

US fashion brand Abercrombie & Fitch has reaffirmed its fourth-quarter of fiscal 2019 guidance on the back of record US Black Friday week revenues.... read more


Five key issues set to shape apparel sourcing in 2020

14 January 2020 | Leonie Barrie

Disruption and uncertainty remain the biggest challenges facing apparel brands and retailers and their global supply chains heading into the new decade. Unpredictable and fast-moving changes to tariffs and trade, pressure to make smarter and faster decisions, and demands for new levels of sustainability will all weigh on fashion businesses in 2020.... read more


Record trading at Boohoo – What the analysts say

14 January 2020 | Beth Wright

Online retailer Boohoo has hailed record trading in the last four months of 2019 – which includes the peak Christmas trading season – with group revenue surging 44% across all key geographic regions in the period to 31 December. The performance has seen the business raise its annual sales forecast, with analysts noting the group continues to excel in a challenging market.... read more


Hudson's Bay Co names Nairn as president

14 January 2020 | Michelle Russell

Canadian department store retailer Hudson's Bay has appointed Iain Nairn, former CEO of Australian retailer David Jones, as its new president.... 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


American Eagle reaffirms Q4 guidance on record holiday sales

14 January 2020 | Michelle Russell

US fashion retailer American Eagle Outfitters has reaffirmed its fourth-quarter guidance after another holiday season of "record" revenue.... read more


Boohoo raises FY forecast on "record" four months

14 January 2020 | Beth Wright

Shares in Boohoo rose today (14 January) after the online fast fashion retailer said it expects annual group revenue growth to come in ahead of expectations after a period of record trading in the last four months of 2019. ... read more


Youngone Corp pumps US$127m into new India factories

14 January 2020 | Hannah Abdulla

A Korean textile and apparel company is investing INR9bn (US$127m) in setting up new factories in India's Kakatiya Mega Textile Park (KMTP).... read more


RadiciGroup uses recycled nylon for new yarn range

14 January 2020 | Michelle Russell

Italian yarn maker RadiciGroup is beginning 2020 under the banner of sustainability with the launch of a range of yarns created using recycled nylon and the acquisition of Italy’s Zeta Polimeri.... read more


Lululemon ups Q4 profit guidance on strong holiday sales

14 January 2020 | Hannah Abdulla

Canadian activewear brand Lululemon Athletica is upping its sales and profit guidance on the back of strong holiday-period sales.... read more


JD Sports confident on FY amid positive Christmas trading

13 January 2020 | Beth Wright

JD Sports Fashion remains confident its annual pre-tax profits will be in the upper range of current market expectations after a positive Christmas trading period.... read more


New policy seeks to address hazardous textile chemicals

13 January 2020 | Hannah Abdulla

The Strategic Approach to International Chemicals Management (SAICM) has published a policy brief that addresses chemicals of concern in several product sectors including textiles, in an effort to minimise their adverse effects on human health and the environment. ... read more


Myanmar begins review of minimum wage

13 January 2020 | Michelle Russell

The Myanmar Government has begun its bi-annual review of the country's minimum wage with a view to a potential increase later this year.... read more


Joules to enhance supply chain as Christmas sales slump

13 January 2020 | Beth Wright

British lifestyle brand Joules has taken a number of strategic decisions in relation to its supply chain operations amid a warning that its annual, underlying pre-tax profits will be "significantly below" market expectations as a stock availability issue hampered Christmas trading.... read more


How 3D design tools drive leaner and cleaner production

13 January 2020 | Hannah Abdulla

Making the switch from a traditional fashion design process to 3D design and prototyping tools could save the industry billions of dollars in development samples, not to mention improved collaboration, productivity, and profits across the supply chain. An added bonus is reduced pressure on overflowing landfills.... read more


Fashion SVP debuts Moroccan pavilion

13 January 2020 | Michelle Russell

UK apparel sourcing show Fashion SVP is to host a Moroccan Pavilion for the first time in the UK.... read more


Canada sourcing show relocates to new venue

13 January 2020 | Beth Wright

Organisers of the Apparel Textile Sourcing Canada trade show are expecting the largest edition in the event's history this summer, with the fifth annual edition to be held at a new venue.... read more


Fast Retailing sales and profits slump in Q3

13 January 2020 | Michelle Russell

Japan's Fast Retailing Group, the owner of brands including Uniqlo and Gu has booked a drop in both revenues and earnings for its first-quarter, weighed down by weaker profits in its South Korea and Hong Kong operations.... read more


Shop Direct rebrands to The Very Group

13 January 2020 | Beth Wright

Shop Direct has rebranded to The Very Group in a move that brings the group's name and identity in-line with its flagship consumer brand, Very.co.uk, and reflects the next phase of its ongoing transformation.... read more


Ted Baker under review by lenders

13 January 2020 | Michelle Russell

A group of lenders for troubled UK fashion retailer Ted Baker are understood to have hired advisers to carry out an independent review of the business.... read more


Former True Religion CEO to lead Sequential Brands

13 January 2020 | Beth Wright

Sequential Brands Group, owner of Joe's, Ellen Tracy, Jessica Simpson, And 1, William Rast and Heelys, has named former True Religion boss, David Conn, as its new CEO.... read more


Mexico launches plan to tackle labour abuse in fashion supply chain

13 January 2020 | Hannah Abdulla

Two initiatives aimed at cracking down on child labour, forced labour and human trafficking in the fashion industry are launching in Mexico, both supported by the C&A Foundation.... read more


Chinese investors pursue deeper textile ties with Pakistan

10 January 2020 | Saeed A Baloch

Pakistan's clothing and textile sector hopes that 2020 will be a big year for Chinese investment as companies look to move production to outsourcing centres with lower labour costs, a skilled workforce, and government incentives through reduced taxes and duties.... read more


Superdry warns on profits amid Christmas sales drop

10 January 2020 | Beth Wright

Shares in Superdry tumbled today (10 January) after the UK clothing retailer warned its annual pre-tax profits could be eliminated following a double-digit drop in sales over the Christmas trading season.... read more


China polyester production seen sluggish in 2020

10 January 2020 | Michelle Russell

China's polyester production is expected to see sluggish growth in 2020, but the overall outlook for the global polyester industry continues to be positive, according to a new forecast.... read more


New Look taps former Bonmarché boss

10 January 2020 | Beth Wright

Former Bonmarché boss Helen Connolly is to join New Look as chief commercial officer where she will work with CEO Nigel Oddy to enhance the UK fashion retailer's product offer and sourcing strategies.... read more


US retail imports to settle after year of tariff surges

10 January 2020 | Beth Wright

After a year of fluctuations driven by the uncertainty of the trade war with China, volume at major US retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020.... read more


Macy's confirms plans to shutter 29 stores

10 January 2020 | Beth Wright

US department store retailer Macy's, Inc has confirmed it is to close 29 stores following a drop in comparable sales over the holiday trading season.... read more


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