Rising costs weigh on retailers
Rising costs will plague 2023 UK retail sales
The Ecommerce Delivery Benchmark Report 2023, commissioned in partnership with economics consultancy Retail Economics, found that 80% of retailers were…
In the money: HanesBrands hails success of price rises
T-shirt and underwear maker HanesBrands says its decision to raise prices three times over the past year in response to…
In the money: Year of two halves beckons for VF
VF Corporation boss Eric Wiseman appears to have the Midas touch just now: forget integrating the Timberland acquisition and riding…
US: Timberland helps lift VF Q4 profit by 34%
Apparel giant VF Corporation recorded a 34% increase in fourth quarter profit, boosted by gains from new acquisition Timberland, plus…
In the money: A&F accentuates the positive as cotton weighs on Q4
One thing is clear from a swift perusal of fashion retailer Abercrombie & Fitch’s financials for the fourth quarter of…
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US: HanesBrands reports 25% jump in FY profit
Apparel group HanesBrands has reported a 25% jump in full-year profit, but admitted that sales softened during the fourth quarter.…
US: Perry Ellis to review brands, streamline operations
Apparel maker Perry Ellis is reviewing its brand portfolio and streamlining its operations to "eliminate less productive overhead," after warning…
US: Cotton costs halve Levi Strauss Q4 profit
Jeans giant Levi Strauss & Co has seen its fourth quarter profit nearly cut in half as rising cotton costs…