US clothing retailers enjoy holiday sales boost in 2023
US clothing retailers benefitted from a strong holiday shopping season in 2023 according to new figures from the CNBC/NRF Retail Monitor.
View ArticleHugo Boss enjoys Q4 sales, profit jump
German fashion brand Hugo Boss has booked a 13% jump in group sales to €1.17bn ($1.27bn) in Q4 as EBIT rose 17% to €121m.
View ArticleTrusTrace secures $24m investment to fuel growth ambitions
TrusTrace is racing toward its goal of global expansion, announcing $24m in funding led by Circularity Capital.
View ArticleBrowning West, Gildan feud escalates on allegations of antitrust law breach
Browning West has accused Gildan of trying to “deprive” its shareholders of an opportunity to replace the current board of directors.
View ArticleCrystal Group ‘planning’ $200m fabric, garment factory in Vietnam
Garment manufacturer Crystal Group is reportedly looking to build a $200m yarn fabric and garment production facility in Vietnam.
View ArticlePuma FY23 sales growth overshadowed by Argentine Peso devaluation
German sportswear giant Puma has blamed the devaluation of the Argentine Peso for offsetting sales growth for the year (FY23).
View ArticleNew Levi Strauss CEO sees ‘plethora of opportunity’ in Asia
New CEO of Levi Strauss Michelle Gass has hinted at tapping into growing opportunities in the Asia market during her tenure.
View ArticleSkechers celebrates record $8bn sales milestone in FY23
Skechers has announced record sales of $8bn for the year (FY23), a 7.5% year-on-year increase as global awareness and brand reach expands.
View ArticleBoot Barn cautions on flat sales in FY24
Boot Barn had a slight uplift on third quarter net profit due to lower expenses, offsetting lacklustre sales growth but cautions flat FY24.
View ArticleColumbia Sportswear warns of ‘challenging’ 2024 as FY profits sink
Fourth quarter and full-year profits slid at Columbia Sportswear on the back of impairment charges related and sluggish sales.
View ArticleWeek in review: Forced labour ignorance costly as US, EU drive crackdown
Forced labour dominated headlines in the apparel sourcing world last week. But what is the solution for cleaning up the supply chain?
View ArticleMIT unveils model to optimise running shoe performance
MIT's new model predicts how the properties of a shoe can affect a runner’s performance which could be useful in 3D footwear design.
View ArticleAuthentic severs ties with AARC in surprise move, weighs Ted Baker CVA
Authentic Brands Group has reportedly ended its dealings with AARC, which had been running its Ted Baker stores and e-commerce site in Europe.
View ArticleDo Columbia, Superdry’s struggles signal wider issue in outdoorwear?
Are Columbia Sportswear's poor results and Superdry's financial woes down to a fashion faux pas in its outdoor segment?
View ArticleMIT, Comfiknit team on activewear innovation research
Hong Kong fabric innovator Comfiknit is partnering with MIT for research on the cooling properties of activewear fabrics.
View ArticleZegna Group to launch footwear, leather goods production plant in Italy
Ermenegildo Zegna Group has announced it will open a new luxury footwear and leather goods production plant in Sala Baganza (Parma).
View ArticleUnder Armour Q3 sales weakness prompts tighter outlook
Under Armour has updated its fiscal 2024 outlook and expects sales to fall between 2-4% after third-quarter (Q3) profits sank on weaker sales.
View ArticleHigher cotton prices could follow US court ban on dicamba
Higher US cotton prices may be looming after the Arizona Federal Court vacated the label for over-the-top use of dicamba for the 2024 crop.
View ArticleData points to 2023 as turning point in US apparel nearsourcing
December data from OTEXA suggests brands and retailers are very gradually increasing their sourcing from suppliers based in CAFTA-DR regions.
View ArticleWeek in data: Red Sea crisis, US apparel supplier market, revised outlooks
Just Style's round-up of this week’s news in numbers features the Red Sea crisis, NRF, The Children's Place, Otexa and Shoe Carnival.
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