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Turkish denim major Mavi doubles down on global growth 7 Dec 2020
Turkish denim giant Mavi sold 9.7 million pairs of jeans worldwide in 2019 – and is ploughing on with its global expansion despite ongoing uncertainties around the Covid-19 pandemic, its CEO and director, Cüneyt Yavuz, tells just-style.
Ruyi Group sees investment as key to future-proofing business 25 Jun 2020
Like most in the global textile industry, Chinese giant Shandong Ruyi Group has had to face the challenges Covid-19 has thrown its way but believes its preparation and investment in brands and technology prior to the pandemic has stood it in good stead for the future as it looks to maintain its path to becoming a "one-stop internationally advanced intelligent industrial chain".
Latest News
Jaeger's 63 stores and concessions to close permanently 15 Jan 21
More than 200 jobs have been axed at Jaeger Retail Limited and all 63 of its stores and concessions are set to permanently close after joint administrators confirmed that the sale of the business to UK retailer Marks & Spencer does not include the retail locations.
N Brown recovery continues in Q3 15 Jan 21
Online clothing, footwear and homewares retailer N Brown Group says it is trading in line with expectations after product revenue continued to recover in the third quarter – with strong growth in apparel categories that have proved popular during the pandemic, including leisurewear.
Tesco hails record Christmas 15 Jan 21
Tesco has delivered a record Christmas across all formats and channels and expects to deliver full-year retail operating profit in line with 2019/20, excluding the repayment of business rates relief – despite forecasts for annual Covid-19-related costs to hit GBP810m (US$1.1bn).
US holiday sales in brief – Nordstrom, Target Corp, Zumiez 15 Jan 21
It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as they continue to navigate the impact of the Covid-19 pandemic. Target Corp has reported a 17.2% jump in comparable sales for the combined November/December period, while Genesco has posted a 3% comparable sales decline for the eight weeks to 26 December. Elsewhere, Urban Outfitters has reported an 8.4% decline in total company net sales, and L Brands said the group's holiday results significantly exceeded initial expectations.
Top stories this week on just-style... 15 Jan 21
Top stories on just-style this week include an exclusive report on apparel industry challenges and opportunities in 2021, and a look at four major changes manufacturers must make to ensure they survive and thrive after Covid-19. Elsewhere, VF Corp is rejigging its Asian sourcing operations, concerns continue to mount over potential Vietnam tariffs, and Marks & Spencer buys the Jaeger fashion brand out of administration.
Sweaty Betty chooses PLM to streamline processes 15 Jan 21
British activewear retailer Sweaty Betty has invested in a new Product Lifecycle Management (PLM) solution to help streamline processes and provide a single source of truth across merchandising, design and buying.
Latest blogs
The secret of becoming a preferred sourcing base 11 Jan 21
From capacity to price, stability, sustainability and quality, various sourcing factors affect the choice of apparel sourcing destinations. But which matter most to fashion brands and retailers? And what's the secret of becoming a preferred sourcing base?
Happy New Year! 4 Jan 21
Welcome back, and a very Happy New Year to you all.
Most Popular
Insights
- Outlook 2021 – Industry challenges & opportunities
- Survive and thrive – 4 changes for apparel makers
- China + Vietnam + many is still the go-to strategy
- Which apparel sourcing factors matter the most?
- Asos is a Covid-19 winner once again
News
- VF Corp rejigs Asia sourcing ops to boost speed
- US apparel CEOs warn against more Vietnam tariffs
- Sports companies amongst most sustainable brands
- US holiday sales in brief – Nordstrom, Target Corp
- Marks & Spencer to buy Jaeger fashion brand
Market research
- Li & Fung Ltd (494) - Strategic SWOT Analysis Review
- Global Sportswear Market to 2025 with COVID-19 Impact Analysis
- COVID-19 Impact on The TJX Companies, Inc. and its future prospects
- Marks and Spencer Group plc (MKS) - Financial and Strategic SWOT Analysis Review
- Apparel Market in United States of America (USA) to 2024 with COVID-19 Impact Analysis