Slowdown hits the supply chain

COMMENT: Retail slowdown squeezes apparel makers

Hysterical headlines suggest clothing retailers’ sales are in meltdown, but the numbers behind them show the sector is suffering less…

US: Mervyns closure to cost Hanesbrands $5.5m

T-shirt and underwear maker Hanesbrands Inc says the closure of retailer Mervyns LLC will cost it $5.5m in third quarter…

US: Mervyns decides to wind down business

US fashion retailer Mervyns is to hold "going out of business sales" at all of its remaining 149 stores as…

US: Kahn is new CEO at Steve & Barry’s

Apparel retailer Steve & Barry’s has appointed ex-Macy’s executive Harold “Hal” Kahn as the company’s new CEO with immediate effect.…

US: Steve & Barry’s to close 103 stores as part of rescue plan

Casual apparel retailer Steve & Barry's has begun liquidation sales at 103 of its stores slated for closure as part…

In the money: Steve & Barry’s sold amid Chapter 11 spree

A string of Chapter 11 filings by clothing and footwear retailers in recent months shows that fashion is feeling the…