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…
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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…