Please sign in to access your folder

news

BANGLADESH: Minimum wage deal imminent

29/07/2010
A significant rise in the minimum wage of garment workers in Bangladesh is expected to be announced today (29 July).

FRANCE: Fashion drives LVMH H1 recovery

29/07/2010
Luxury goods monolith LVMH Moët Hennessy Louis Vuitton showed a strong recovery in the first half of 2010, with profit up 33% to EUR1.8bn (US$2.4bn).

GERMANY: Puma announces Q2 profit rise

29/07/2010
Sporting goods firm Puma has posted a rise in sales and profit for Q2, and forecast a strong outlook for the rest of the fiscal year.

GERMANY: Retail surge boosts Hugo Boss H1

29/07/2010
A 25% surge in own retail revenues helped German fashion house Hugo Boss to post a 31% rise in profit in the first half of 2010.

July 2010 management briefing: Studying body size is key to market fit

29/07/2010
Variations in body sizes are becoming more apparent with advancements in body scanning technology and a number of sizing studies that give a more complete picture of an individual's size.

MALAYSIA: Uniqlo opening continues expansion

29/07/2010
Value-led clothing retailer Uniqlo has continued its international expansion with the opening of the company’s first store in Malaysia.

UK: Confidence returning to UK high street - survey

29/07/2010
Sales on the UK high street increased in July compared with a year ago, and surpassed expectations, according to the latest CBI Distributive Trades Survey.

UPDATE: Bangladesh garment wages to rise 80%

29/07/2010
Rallying garment workers in Bangladesh are being granted an 80% hike in their minimum wage, an industry official confirmed to just-style this afternoon (29 July).

US: Destination Maternity Q3 profit up 28%

29/07/2010
Destination Maternity Corporation overcame a slight decline in third quarter sales to post a much-improved profit of US$8.7m, driven by its cost reduction programme.

US: Jones Apparel nearly doubles Q2 profit

29/07/2010
Jones Apparel Group nearly doubled its second quarter profit, thanks to a 7% revenue rise and despite charges of $22m linked to acquisitions and restructuring.

US: MG Icon launches campaign for Madonna clothing brand

29/07/2010
MG Icon, the joint venture between singer Madonna and Iconix Brand Group, has unveiled details of its autumn 2010 marketing campaign for its newly created junior brand Material Girl.

US: Skechers second quarter back into profit

29/07/2010
Strong top-line growth has propelled Skechers back into profit in its second quarter.

US: Timberland losses continue despite sales rise

29/07/2010
Apparel and footwear company Timberland slipped to a second quarter loss of US$23.5m, thanks to a non-cash impairment charge of $13.2m and despite a 5.1% revenue rise.

ANALYSIS: Under Armour in it for the long haul

28/07/2010
Apparel company Under Armour isn’t allowing an excellent set of second quarter results to distract it from realising its long-term goals and ambitions.

BANGLADESH: Campaigners slam garment wage proposal

28/07/2010
Campaign groups have expressed disappointment at the scale of a proposed minimum wage increase for garment workers in Bangladesh.

CHINA: Textile firms guided west by Government

28/07/2010
China has issued a new directive encouraging textile companies to move factories away from manufacturing hubs in the east to poorer provinces.

In the money: Clothing price inflation

28/07/2010
Latest research in the UK suggests that clothing prices are likely to rocket in coming years, after a decade of cheap high street fashion. Joe Ayling reports on the causes and effects of this inflation on the apparel industry.

Read More...

July 2010 management briefing: Growth in the US plus-size market

28/07/2010
To have plus-size clothing lines to sell, you need plus-size consumers, so it is maybe not a surprise that the American market for these garments is of critical importance.

Read More...

SPAIN: Dogi emerges from bankruptcy

28/07/2010
Spanish stretch-fibres firm Dogi has emerged from bankruptcy after 77% of creditors approved its turnaround plan, the company announced in statement filed with local stock market watchdog CNMV.

UPDATE: Cambodian strike unlinked to wage dispute

28/07/2010
This week's garment worker clashes in Cambodia were caused by internal frictions rather than wage demands, a local manufacturing body told just-style.

US: Iconix appoints COO in management changes

28/07/2010
Iconix Brand Group has promoted three executives from within the company.

US: Jockey signs quarterback Tebow

28/07/2010
Apparel company Jockey International has signed pro football quarterback Tim Tebow as a spokesperson for the company with immediate effect.

US: Organic growth drives Iconix Q2 profit

28/07/2010
Iconix Brand Group posted a 27% increase in second quarter profit to US$24.5m, driven by strong organic growth and a 35% rise in revenues.

US: Rocky Brands returns to profit in Q2

28/07/2010
Footwear and apparel company Rocky Brands moved into the black with a US$0.5m net profit in the second quarter, driven by a 7.9% sales increase.

US: Standard & Poor's raises Perry Ellis outlook

28/07/2010
Standard & Poor's has revised its outlook on Perry Ellis International to “stable”.

US: The Wet Seal CEO to step down

28/07/2010
Edmond S Thomas the CEO and president of The Wet Seal is to step down from the company in October at the end of his current contract.

US: Under Armour Q2 profit soars on revenue surge

28/07/2010
Fast-growing sportswear company Under Armour could break the US$1bn barrier in full-year revenues after its second quarter profit soared by 150% to $3.5m.

CAMBODIA: Nine injured after 3,000 garment workers strike

27/07/2010
Clashes between more than 100 armed police officers and 3,000 garment workers in Cambodia have left nine women injured.

COMMENT: Nike's "Just Pay It" surrender inevitable

27/07/2010
Nike’s climbdown in spending US$2m or more on defusing the Honduras supplier row was, according to the Worker Rights Consortium, testament to the “courage” of the sacked workers.

GERMANY: Hugo Boss in new Chinese joint venture - reports

27/07/2010
German fashion house Hugo Boss is aiming to increase its presence in the Chinese market with the signing of a new joint venture, according to latest newspaper reports.

GERMANY: True Religion signs European venture

27/07/2010
True Religion Apparel and UNIFA Premium GmbH have formed a joint venture company called True Religion Brand Jeans Germany GmbH.

HONDURAS: Nike deal defuses worker row

27/07/2010
Sportswear giant Nike has defused a row over sub-contractor worker rights by signing a wide-ranging agreement with union officials in Honduras.

July 2010 management briefing: Sizing a headache for globalising apparel industry

27/07/2010
As trade barriers continue to diminish, clothing brands are becoming more global. However it is not as easy for the sizes of their goods to be quite as worldly. International players need to adapt their fits for different target markets but that level of adaptation varies by country.

View the news archive »